THE Philippine Certified Public Accountant Licensure Exam (CPALE) results for May 2024 were released about a month ago, marking a significant milestone for many aspiring accountants. Out of 10,421 examinees, 3,155 passed, resulting in a passing rate of 30.28 percent.
THE Philippine Certified Public Accountant Licensure Exam results for May 2024 were released about a month ago, marking a significant milestone for many aspiring accountants. Out of 10,421 examinees, 3,155 passed, resulting in a passing rate of 30.28 percent. The exams took place from May 26 to 28, 2024, across various testing centers in the country, including Metro Manila, Cebu and Davao.The impressive passing rate of 30.
From business owners' perspective, the cost of labor in the Philippines is relatively lower compared to Western countries, providing cost savings for businesses that outsource their processes. According to the Bureau of Labor Statistics , a unit of the United States Department of Labor, the average salary for CPAs in the US is approximately $119,000 per year. This figure can vary significantly based on factors such as experience, industry, company size, and location.
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