A CORRELATIONAL STUDY BETWEEN THE RESULTS OF THE CPA BOARD EXAMINATION AND THE PROFICIENCIES IN THE COLLEGIATE ENTRANCE TEST OF MSEUF-LUCENA ACCOUNTANCY GRADUATES BATCH 2012-2016

Most colleges and universities require students to take Collegiate Entrance Test (CET) in order to assess their readiness for college-level work. Aside from the learning, a student who enters into the accountancy program should possess necessary skills to withstand the demands of accounting profession. This descriptive correlational research was carried out to investigate the correlation of the CPA board examination results with the CET results among the accountancy graduates of Manuel S. Enverga University Foundation (MSEUF) - Lucena of batch 2012 to 2016 by using Pearson’s Product Moment Correlation Coefficient (PPMCC) as the statistical instrument. Results of this study revealed that the first takers who failed outnumbered those who passed and obtained conditional marks in the CPA board exam. Only 83% was the highest average grade obtained in the said examination, while the lowest average grade resulted to 63%. In addition, performance in the CET resulted to a good rating showing no average grade below 80%. Finally, the researchers concluded that there is a positive correlation between the vocabulary proficiency in the CET and the CPA board exam. However, there is only some degree of positive correlation between numerical proficiency and CPA board exam, while no correlation exists between abstract reasoning proficiency and CPA board examination.