Differences in the performance on the certified public accountant exam of graduates from minority and non-minority institutions

Prior studies have examined factors affecting candidate performance on the Uniform Certified Public Accountant examination (UCPAE). This study examines potential differences on the UCPAE between graduates from minority and non-minority institutions. This study also examines differences on the UCPA among graduates from minority institutions. Minority institutions are classified into three categories: Historically/Primarily Black colleges and universities, Hispanic grant-supported colleges and universities, and High Hispanic enrollment institutions. National and regional accreditations are also considered. Results found in 2011 version of the Candidate Performance on the UCPA Examination, a publication of the National Association of State Boards of Accountancy (NASBA) were utilized. The findings of this study revealed (1) there is a significant difference in UCPAE passing percentage between graduates of non-minority and all minority institutions, (2) there are significant differences in UCPAE passing percentages among the three categories of minority institutions, (3) there are significant differences in UCPAE passing percentages among the three categories of minority institutions that are accredited by AACSB or ACBSP, and (4) there are significant differences in UCPAE passing percentages among the three categories of minority institutions accredited by the different regional accrediting agencies. Keywords: CPA Examination, Minority CPA Exam Performance, CPA, Gainful Employment