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[QUOTE="Munyaradzi Mafaro, post: 81949, member: 636"]
Ugandan accounting hopefuls just got absolutely wrecked by their professional board examinations again. The Institute of Certified Public Accountants of Uganda released data showing dismal performance across the board. Nancy Amuge Owino leads the testing body and confirmed a paltry 35 percent pass rate for the core CPA qualification. She also announced that the Accounting Technicians Diploma transfers permanently to the Uganda Vocational and Technical Assessment Board. Any students who failed that specific diploma must contact the vocational authority for integration.

Owino blamed the carnage on candidates ignoring specific feedback from previous graders. She claimed learners skip the free engagement sessions designed to help them prepare. Advanced Financial Management saw the worst outcomes with a shocking 8.5 percent success rate. Tax advisor hopefuls also struggled with Level II papers.

Timothy David Ediomu serves as the institute president and tries to motivate the thousands who flopped. He emphasized that resilience builds professional character. Graduation for the lucky few happens next March. Ediomu also flagged new sustainability disclosure standards for early adoption.
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