List of ICPAU Releases March Accountants’ Exams Results

The Public Accountants Examinations Board (PAEB) has released the results of the March 2022 examinations which show an improvement in the pass rate from 36.4% in March 2021 to 39.6%.

The results, however, show a huge decline in performance in key subjects including Financial Management, Management Decision & Control, Advanced Financial Reporting, and Public Sector Accounting & Reporting.

Releasing the results on Friday morning, CPA Geoffrey Byamugisha, the chairperson of PAEB urged candidates to improve their interpretation, computation, communication and analytical skills in levels 2 and 3 papers.

“We call upon candidates to always endeavour to prepare for examinations, including doing practice/ trial questions to sharpen their analytical skills,” Byamugisha said.

Some of the students who excelled in these exams are Sharon Nanyonjo, Janice Kabookya Kwagala, Elian Kizito Desire, Martin Esingo Roy, Stella Nabukenya, Peter Ssentongo, and Joanitah Aryampa

Others were Dalphine Nassuuna, Haruna Feroz, Christine Nakasirye, Difasi Nasasira and Shadik Kusiima Chadson.

In terms of gender, out of the 1,560 papers passed, 838 (53.7%) are by female candidates while 722 (46.3%) are by male candidates.

Additionally, results show that 534 (34.2%) of the papers passed were on the first attempt.

In terms of age, out of the 1,560 papers passed 213 (13.7%) were for candidates in the age bracket of 18 – 24 years, 588 (37.7%) for the age bracket of 25 – 29 years, 453 (29.0%) were for the age bracket 30 – 34 years, 165 (10.6%) in the age bracket of 35 – 39 years while the remainder 141(9.18%) are for candidates of 40 years and above.

Results also 52.4% of the top candidates are female and 10 47.6% are male.

Byamugisha told reporters that in the same period, 93 students completed the CPA course compared to 136 in March 2021.

He explained that, of the 93 students, 44 (47.3%) are female and 49 (52.7%) are male.

This means the cumulative number of students who have completed the CPA course has reached 4,455.

Uganda has seen a rise in the number of professional accountants over the years. Small and Medium Enterprises, the engine of economic growth will then be largely supported by this rise.

Poor bookkeeping is one of the challenges that hold back the growth of SMEs in the country.

On his part, Derrick Nkajja, the president ICPAU urged chartered accountants to be accountable and responsible for their profession.

Performance in the individual subjects:Search:

		Totalcandidates	Passes		Totalcandidates	Passes

	Subjects		No.	%		No.	%
Level 1
1	Financial Accounting	267	142	53.2	403	192	47.6
2	Quantitative Techniques	447	197	44.1	373	110	29.5
3	Economic Environment	41	30	73.2	30	24	80
4	Business Law	77	59	76.6	63	34	54
5	Business Management & information Systems	40	24	60	42	26	61.9
6	Taxation	82	44	53.7	90	48	53.3
7	Cost & Management Accounting	86	59	68.6	107	63	58.9
Level 2
8	Financial Reporting	196	95	48.5	298	102	34.2
9	Advanced Taxation	502	235	46.8	539	89	16.5
10	Financial Management	256	61	23.8	242	89	36.8
11	Management Decision & Control	224	53	23.7	314	217	69.1
12	Auditing & Professional Ethics & Values	212	71	33.5	288	72	25
Level 3
13	Advanced Financial Reporting	387	41	10.6	379	70	18.5
14	Public Sector Accounting & Reporting	275	36	13.1	333	117	35.1
15	Business Policy & Strategy	173	87	50.3	173	101	58.4
16	Advanced Financial Management	217	43	19.8	310	117	37.7
17	Auditing & Other Assurance Services	307	206	67.1	342	59	17.3
Level 4
18	Integration of Knowledge	153	77	50.3	194	116	59.8
		3942	1560	39.6	4520	1646	36.4

Top candidates per subject:Search:

Paper	Subject	FirstName	Surname

Level 1
1	Financial Accounting	Sharon	Nanyonjo
2	Quantitative Techniques	Janice	Kabookya Kwagala
3	Economic Environment	Elian	Kizito Desire
4	Business Law	Martin	Esingo Roy
5	Business Management & Info. Systems	Stella	Nabukenya
6	Taxation
7	Cost & Management Accounting	Joanitah	Aryampa
Level 2
8	Financial Reporting	Dalphine	Nassuuna
9	Advanced Taxation	Haruna	Feroz
10	Financial Management	Christine	Nakasirye
11	Management Decision & Control	Difasi	Nasasira
12	Auditing & Professional Ethics & Values	Shadik	Kusiima Chadson
Level 3
13	Advanced Financial Reporting	Racheal	Nayebare
14	Public Sector Accounting & Reporting	Aliveous	Nankunda
15	Business Policy & Strategy	Devis	Masereka
16	Advanced Financial Management	John	Okumu
17	Auditing & Other Assurance Services	Peter	Ddumba
Level 4	Integration of Knowledge – Paper 18
18	Best female student	Barbra	Nakaye
18	3rd top student	Okot	Akena Anthony
18	2nd top student	Barbra	Nakaye
18	Top student	Timothy	Ggombya

List of CPA(U) FinalistsSearch:

No.	Reg. No.	First Name	Surname	Gender
1	181	Baker	Kanyangoga	Male
2	429	Osbert	Mulamba Patrice	Male
3	858	Irene Racheal	Nabutsale	Female
4	2402	Kathryn	Najjuma	Female
5	3005	Alice	Namazzi	Female
6	3880	J.	Kyampa Lubanga	Male
7	4414	Okot	Akena Anthony	Male
8	4650	Caroline	Tusiime	Female
9	4715	Stewart	Ndahura Reagan	Male
10	5160	Beatrice	Neumbe	Female
11	CP/06937	Peter	Rubiinga Nyaika	Male
12	CP/07280	Daniel	Ojoo	Male
13	CP/07689	Desire	Kamanzi Reuben	Male
14	CP/07867	Brian	Mugabi Raphael	Male
15	CP/08566	Patrick	Byaruhanga	Male
16	CP/08868	David	Kakungulu Kigenyi	Male
17	CP/09641	Umaru	Kaaya	Male
18	CP/10420	Sophia	Alupo	Female
19	CP/11015	Precious	Muhwezi Yvonne	Female
20	CP/11406	Brian	Muhire	Male
21	CP/11440	Jean	Asiimwe	Female
22	CP/11702	Norman	Lumago	Male
23	CP/11987	Sadhi	Mukasa	Male
24	CP/12292	Musa	Kasera	Male
25	CP/12348	Beatrice	Nabirye	Female
26	CP/12694	Timothy	Ggombya	Male
27	CP/12929	Grace	Namugaaju	Female
28	CP/13622	Marion	Ahabyoona	Female
29	CP/13740	Robert	Ssentomero	Male
30	CP/13987	Doreen	Nafuna	Female
31	CP/14196	Caroline	Kalembe Barbara	Female
32	CP/14220	Stella	Kampame Brenda	Female
33	CP/14414	Consolate	Akello	Female
34	CP/14691	Kenneth	Oryema	Male
35	CP/14865	Berna	Namulondo	Female
36	CP/15295	Maureen	Amalo	Female
37	CP/15464	James	Mbago	Male
38	CP/15522	Paul	Owor Ogwang	Male
39	CP/15585	Ivan	Ssenabulya	Male
40	CP/16004	Daphine	Kunihira	Female
41	CP/16045	Rebecca	Babirye	Female
42	CP/16047	Ronald	Ahimbisibwe	Male
43	CP/16240	Mirriam	Alum	Male
44	CP/16292	Sylivia	Namaganda	Female
45	CP/16438	Gilbert	Wangoboya	Male
46	CP/16936	Rajendra	Sure Prasad Babu	Male
47	CP/17479	Yona	Isiga	Male
48	CP/17912	Flora	Nakibuuka	Female
49	CP/17994	Sylivia	Ssanyu Mutesi	Female
50	CP/18214	Rogers	Nsamba Muwonge	Male
51	CP/18217	Catherine	Atuhaire	Female
52	CP/18322	Catherine	Atuhaire	Female
53	CP/18388	Herman	Bataringaya	Male
54	CP/18588	Daniel	Lubega	Male
55	CP/19082	Richard	Nahabwe	Male
56	CP/19451	Dan	Mutabazi	Male
57	CP/19561	Nina	Nakitto Denise	Female
58	CP/19663	Anjelina	Asere	Female
59	CP/19868	Owen	Ainamaani	Male
60	CP/20089	Ronald	Mayanja	Male
61	CP/20490	Proscovia	Babirye	Female
62	CP/20579	Merron	Mukunzi	Female
63	CP/20814	Betty	Kyozira	Female
64	CP/21073	Allen	Nassali	Female
65	CP/21670	Blair	Bitarabeho	Male
66	CP/21923	Rashida	Nabuule	Female
67	CP/22063	Emilly	Akatukunda	Female
68	CP/22118	Aron	Adula	Male
69	CP/22551	Elizabeth	Asasira	Female
70	CP/23120	Barbra	Nakaye	Female
71	CP/23469	Rogers	Muhumuza Ndyahika	Male
72	CP/23590	Angela	Nakayenga Serwadda	Female
73	CP/23744	Robert	Mugisha	Male
74	CP/23930	Prossy	Origumisiriza	Female
75	CP/24238	Gladys	Nabunya	Female
76	CP/24386	Evelyn	Aanyu	Female
77	CP/24647	Brian	Kulubya Kizito	Male
78	CP/24738	Gilbert	Flart	Male
79	CP/24910	Ivan	Rugumayo	Male
80	CP/25372	Daphine	Gumoshabe	Female
81	CP/25634	Tony	Male	Male
82	CP/25919	Edward	Ssemanda	Male
83	CP/26648	Eunice	Kyerabira	Female
84	CP/26664	Muzafalu	Nkuutu	Male
85	CP/26807	Kizito	Bisaso	Male
86	CP/28312	Kevin Brian	Awuyo Osapil	Male
87	CP/28437	Hildah	Atukunda	Female
88	CP/28550	Angel	Tusiime	Female
89	CP/29629	Jackson	Musinguzi Kakooko	Male
90	CP/30236	Getrude	Alupo	Female
91	CP/30315	Irene	Nambiro Muholi	Female
92	CP/30705	Noel	Omoding Michael	Male
93	CP/30894	Gregory	Zulu	Male

RELATED ITEMS:CPA GEOFFREY BYAMUGISHA, DERRICK NKAJJA, FEATURED, ICPAU, ICPAU RELEASES MARCH 2022 ACCOUNTANTS’ EXAM RESULTS, PAEB, PUBLIC ACCOUNTANTS EXAMINATIONS BOARD