Grading of the examination shall be accomplished by the American Institute of Certified Public Accountants, subject to the approval by the board. The candidate must attain the uniform passing grade established through a psychometrically acceptable standard-setting procedure approved by the board. The current minimum passing grade is 75%. The board shall establish a method for the accurate tracking and recording of a candidate's grade. Not later than the 30th day after the day on which the board receives a candidate's grades from the grading authority, the candidate will be notified of the grades unless board action is pending and the individual is precluded from receiving the examination results until the board action is resolved. In no event will any information concerning a candidate's performance on the examination be given to anyone other than the candidate unless the board has written authorization to do so.

Source Note:The provisions of this §511.77 adopted to be effective September 15, 1980, 5 TexReg 3563; amended to be effective October 30, 1991, 16 TexReg 5827; amended to be effective August 13, 2003, 28 TexReg 6274.