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ICAEW results are impressive
23 April 2019
PQs from ‘rival’ accountancy bodies will surely look with envy at the latest ICAEW professional exam results! The lowest pass rates for March 2019 was for the Business Planning – Taxation papers, where just 77.7% of first time sitters passed. All the other pass rates for first timers was above 80%, and for the Business Strategy & Technology paper it was an impressive 92.8%.
Students also impressed tin the Level 4 Accounting Technician apprenticeship end-point assessments. Some 100% of students passed in the Portfolio and Reflective Statement module and 81.6% in the Role Simulation exam.
A total of 2,743 students sat the March exam, with 4,301 exams sat (an average of 1.56 papers). In all 2,034 ACA PQs passed all the papers they sat. Some 75.8% of students who sat three papers passed all three, with another 12.3% passing two out of three. This compares to the 73.2% of sitters who sat one paper and passed it!
ICAEW professional level March results: Audit & Assurance 78.9%; Financial Accounting & Reporting (UK GAPP) 81.1%; Financial Accounting & reporting (IFRS) 79.4%; Tax Compliance 80.7%; Business Planning – Taxation 74.3%; Business Strategy & Technology 89.2%; Financial Management 80.3%
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