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Five UIS graduates pass CPA exam

February 18, 2004

SPRINGFIELD - Five recent graduates of the Department of Accountancy at the University of Illinois at Springfield successfully passed the November 2003 national certified public accountant (CPA) examination. They are Amanda A. Cagwin, Amy S. Jenkins, Yoo-Jeong Park, Paul D. Perfetti, and Linda E. Reynolds.

Cagwin and Park earned their master’s degrees at UIS. Cagwin is from Springfield. Park is from Seoul, South Korea.

Jenkins, Perfetti, and Reynolds have earned their bachelor’s degrees. Jenkins is from Decatur; Perfetti is from Coffeen; and Reynolds is from Peoria.

According to statistics recently released by the National Association of State Boards of Accountancy for the November 2002 exam, UIS students achieved a 50 percent pass rate for first-time candidates without advanced degrees -- the highest in Illinois. This distinction was shared only with Augustana College in Rock Island. First-time candidate performance is a widely watched measure for CPA candidates and schools.

Ronald McNeil, dean of UIS’ College of Business and Management, said, “This success is most remarkable because, unlike most public and private colleges in Illinois, UIS and the Accountancy program have an open admissions policy that allows all students the opportunity to study accounting and earn the bachelor’s or master’s degree. On the November 1997 CPA exam, a UIS student earned the fourth highest score in the nation.”

McNeil added that since the program’s founding in 1973, 14 UIS students and graduates have earned the Elijah Watt Sells (now Excel) national award for outstanding CPA performance.

For more information, contact David Olson, associate professor of Accountancy, at 206-7907.

    The University of Illinois at Springfield, one of three U of I campuses, is a small, public liberal arts university that offers 40 degree programs – 20 bachelor’s, 19 master’s, and the Doctorate of Public Administration. UIS has a special mission in public affairs and service and is known for extraordinary internships, a wireless campus, extensive online offerings, and a commitment to teaching.
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