Pass rates improve in ICAEW and ACCA accountancy exams

A number of the June 2016 ACCA papers saw an increase in pass rates, according to the accountancy body, while the most recent ICAEW exams saw a record-high number of ACA students pass.

The professional level ICAEW exams were taken by 5,491 ACA students, the highest number of students to sit the exams.

The June 2016 sitting was the first time new modules of ‘Business Planning: Banking’, and ‘Business Planning: Insurance’ were taken, and pass rates were high across the whole series.

“We are really proud of yet again another fantastic set of results,” said Mark Protherough, ICAEW executive director of learning and professional development.

“I would like to congratulate all of our students who are demonstrating that businesses look set to be in safe hands with such a promising stream of future chartered accountants coming through.”

Additionally, 198,144 June 2016 ACCA papers were entered into by more than 140,000 accountancy students, with 6,128 students finishing their final exams, closing in on an ACCA membership, as they look to begin a career in accountancy.

Notable improvements were recorded in Financial Management, Advanced Performance Management, and Audit and Assurance.

“We believe that increasingly more students are using the study support materials we’ve introduced to help them prepare and succeed at these exams,” said Dr Mary Bishop, director of learning at ACCA.

“This is really good news, and we’re delighted that these resources are making an impact and putting students on the path to success.”