In short
On behalf of the Public Accountants Examinations Board, I congratulate those candidates who passed their various examinations papers, the top candidates and those who have completed the respective courses. I also encourage those who have not make it to persevere.
The President,
The Vice President,
Members of Council,
Members of PAEB,
Secretariat and;
Members of the Press.
1.0 INTRODUCTION
I wish to take this opportunity to welcome you to this function where we are releasing the June 2018 examinations results.
Let me use this golden opportunity to congratulate the Council members upon your election. I also congratulate the President and Vice President who were elected this morning.
I thank the outgoing President with his Council and members of PAEB for the support rendered in strengthening the examinations process. We continue to have a strong foundation for the sustainability of the Institute.
As you all know, The Accountants Act, 2013 mandates us to conduct accountancy examinations. Currently, we conduct examinations for three courses, which are duly approved by the National Council for Higher Education, namely:
1. Accounting Technicians Diploma (ATD)
2. Certified Public Accountants (CPA)
3. Certified Tax Advisor (CTA)
The June 2018 examinations for the three courses were conducted from 28 May to 1 June 2018 at 7 examinations centres of Arua, Fort Portal, Gulu, Kampala, Mbale, Mbarara and Nkozi.
A total of 6,142 candidates attempted the examinations.
2.0 ACCOUNTING TECHNICIANS DIPLOMA (ATD)
There were 271 candidates who attempted the June 2018 examinations compared to 308 candidates in November 2017.
The overall average pass rate increased from 40.5% in November 2017 to 44.4% in the June 2018 sitting.
The individual subject performance was as follows
In terms of gender, 50.3% of those who passed were female and 49.7% were male.
Furthermore, 52% of the candidates who passed made it on first attempt.
It is important to highlight that 65% of those who passed were in the age bracket of 18-24 years. This implies that they are likely to serve the economy for a long time.
The following were the top candidates:
Coincidentally, 19 candidates completed the ATD course like in November 2017 (See Appendix 1).
Cumulatively, 1,708 students have completed the Accounting Technicians' course.
3.0 CERTIFIED TAX ADVISOR (CTA)
There were 101 candidates who attempted the June 2018 examinations compared to 103 candidates in November 2017.
The individual subject performance is as follows:
The Vice President,
Members of Council,
Members of PAEB,
Secretariat and;
Members of the Press.
1.0 INTRODUCTION
I wish to take this opportunity to welcome you to this function where we are releasing the June 2018 examinations results.
Let me use this golden opportunity to congratulate the Council members upon your election. I also congratulate the President and Vice President who were elected this morning.
I thank the outgoing President with his Council and members of PAEB for the support rendered in strengthening the examinations process. We continue to have a strong foundation for the sustainability of the Institute.
As you all know, The Accountants Act, 2013 mandates us to conduct accountancy examinations. Currently, we conduct examinations for three courses, which are duly approved by the National Council for Higher Education, namely:
1. Accounting Technicians Diploma (ATD)
2. Certified Public Accountants (CPA)
3. Certified Tax Advisor (CTA)
The June 2018 examinations for the three courses were conducted from 28 May to 1 June 2018 at 7 examinations centres of Arua, Fort Portal, Gulu, Kampala, Mbale, Mbarara and Nkozi.
A total of 6,142 candidates attempted the examinations.
2.0 ACCOUNTING TECHNICIANS DIPLOMA (ATD)
There were 271 candidates who attempted the June 2018 examinations compared to 308 candidates in November 2017.
The overall average pass rate increased from 40.5% in November 2017 to 44.4% in the June 2018 sitting.
The individual subject performance was as follows
| | June 2018 | November 2017 | ||||
Subjects | No. of candidates | Pass | No. of candidates | Pass | |||
No. | % | No. | % | ||||
1 | Business Accounting | 63 | 15 | 23.8% | 74 | 27 | 36.5% |
2 | Business Communication | 35 | 23 | 65.7% | 49 | 33 | 67.3% |
3 | Business Mathematics & Statistics | 54 | 13 | 24.1% | 81 | 39 | 48.1% |
4 | Principles of Law | 57 | 34 | 59.6% | 63 | 18 | 28.6% |
5 | Economics | 37 | 28 | 75.7% | 54 | 30 | 55.6% |
6 | Introduction to Management Accounting | 100 | 15 | 15.0% | 118 | 23 | 19.5% |
7 | Law of Business Associations | 57 | 29 | 50.9% | 47 | 9 | 19.1% |
8 | Information Systems | 44 | 32 | 72.7% | 41 | 21 | 51.2% |
9 | Business Management | 36 | 12 | 33.3% | 44 | 30 | 68.2% |
10 | Financial Accounting | 42 | 23 | 54.8% | 44 | 14 | 31.8% |
11 | Principles of Taxation | 56 | 29 | 51.8% | 61 | 15 | 24.6% |
12 | Entrepreneurship | 34 | 28 | 82.4% | 48 | 32 | 66.7% |
13 | Principles of Auditing | 52 | 15 | 28.8% | 67 | 29 | 43.3% |
| Total | 667 | 296 | 44.4% | 791 | 320 | 40.5% |
In terms of gender, 50.3% of those who passed were female and 49.7% were male.
Furthermore, 52% of the candidates who passed made it on first attempt.
It is important to highlight that 65% of those who passed were in the age bracket of 18-24 years. This implies that they are likely to serve the economy for a long time.
The following were the top candidates:
S/N | Subject | Surname | First Name |
1 | Business Accounting | Twalib | Halima |
2 | Business Communication | Kasusse | Aloysius |
3 | Business Mathematics & Statistics | Gumoshabe | Leonard |
4 | Principles of Law | Nakato | Fatuma |
5 | Economics | Okello | Godfrey |
6 | Introduction to Management Accounting | Omoyen | Daniel |
7 | Law of Business Associations | Karunga | Joseph |
8 | Information Systems | Nakayenze | Mildred |
9 | Business Management | Naluyange | Prisca |
10 | Financial Accounting | Nayebare | Racheal |
11 | Principles of Taxation | Kinene | Fagil Kyobe |
12 | Entrepreneurship | Agaba | Joshua |
13 | Principles of Auditing | Bafuta | Andrew |
Coincidentally, 19 candidates completed the ATD course like in November 2017 (See Appendix 1).
Cumulatively, 1,708 students have completed the Accounting Technicians' course.
3.0 CERTIFIED TAX ADVISOR (CTA)
There were 101 candidates who attempted the June 2018 examinations compared to 103 candidates in November 2017.
The individual subject performance is as follows:
| | June 2018 | November 2017 | ||||
Paper | Subjects | No. of candidates | Pass | No. of candidates | Pass | ||
No. | % | No. | % | ||||
1 | Principles of Accounting | 9 | 4 | 44.4% | 13 | 2 | 15.4% |
2 | Business Law | 5< |