Saint Paul School of Professional Studies (SPSPS) received another national recognition after it ranked sixth among the top accountancy schools in the country.
The institution is among the schools that produced a high number of passers with at least 50 examinees in the May 2022 Certified Public Accountants Licensure Examination (CPALE).
SPSPS produced 19 new accountants with a passing percentage of 34.55, which is 12.26% higher than the national passing rate.
The institution also got a 41.67% passing rate on its first-time takers based on the tally provided by the Professional Regulatory Commission – Board of Accountancy (PRC-BOA).
The in-person examination was administered last May 22, 23, and 24 in different testing centers in the country, including Tacloban City.
The May 2022 CPALE also drew history as Metro Manila malls were used as venues for the examination, accommodating more examinees.
New CPA Lucille Sanita, who graduated last April 2020, expressed her gratitude to SPSPS for the efforts provided through her CPALE journey.
“I am heartily thanking SPSPS for their immense efforts in providing me, and the rest of the Paulinian examinees, their support and guidance throughout our CPALE journey,” she said.
According to Sanita, preparing for the exam was numbing but the constant support and encouragement of the Paulinian community kept her fighting which made the exam bearable.
She said that the COVID-19 pandemic made her dream of becoming a CPA almost impossible as examinations were suspended for an indefinite time.
“This [pandemic] made me divert from being a full-time reviewee to becoming a Tax Consultant at my current company. More doubts clouded my mind as writing notes turned to drafting client emails, a one-hour study break to a 15-hour typical work day, and highlighting textbooks to reviewing tax calculations,” she said.
But according to Sanita, she did not let the hurdles and challenges get over her. They did not stop her from achieving her success and adding the three letters after her name.
She also shared some tips on how to pass one of the elusive licensure examinations in the Philippines.
“As the saying goes, you only live once. Thus, go for it! Seize the day. Study hard, but don’t forget to have fun. You have to live as fully as you can. If not now, when? If not you, who?” she said.
The success of SPSPS can be attributed to various factors, according to BS Accountancy program chair Prof. Albert Malquisto. He shared some best practices of the department which led the way in attaining the spot.
“We [accounting teachers] apply the team-teaching approach based on subject matter expertise, we have special Lecturers from Manila who are book authors and we have included integrated review subjects in the BSA curriculum,” he said.
He added that the intensified CPA board operations contributed to and boosted the morale of the takers.
“SPSPS has been consistent in producing a high number of passers. This is a testament that the institution is committed to perform with excellence in the areas of instruction, research, community extensions and linkages, and institutional qualifications,” he said.
Furthermore, according to him, SPSPS’s effective administration and operations support for its faculty go well beyond imparting knowledge.