Strong results issued for June 2017 ACCA exam sitting

Date

17 Jul 2017

Sections

Euro & Finance
Education

Press release

ACCA (Association of Chartered Certified Accountants) announces pass rates for the June 2017 exam sitting.

Increased uptake of tuition and learning support is attributed to the improving exam success at both P1 Governance, Risk and Ethics and P3 Business Analysis results, which is contributing to the continuing positive trend in the number of students completing the examination element of the qualification.

Reacting to the latest exam results success, ACCA’s Alan Hatfield, executive director strategy and development said:

‘We are pleased with our latest exam results. Affiliate numbers remain very strong, with close to 5,900 new affiliates completing their exams this session. Currently, our affiliate number stands at a total of 9,385, which is 3% up this half year compared to the latter half of 2016.

We’ve also seen a growing number of students taking CBE session-based exams which are designed to reflect the real world skills required by employers.  We are delighted to say that three of the five prize-winners at Skills from the March 2017 exam session did CBE.

‘What’s becoming increasingly clear is that when students access and use the right learning support –especially blended options combining learning provider courses  with ACCA’s own resources across all levels of the syllabus – pass rates get stronger. So it’s also really pleasing to see this especially impacting P1 and P3 results , due to the tuition providers’ commitment to help students complete these two exams before the introduction of Strategic Business Leader, our new integrated case study exam,  in September 2018.’

Alan Hatfield concludes: ‘We’re well on the journey to delivering the next step in innovations to our ACCA Qualification – the Future with the Ethics and Professional Skills module being available on the 31 October 2017. Our consistent aim is to deliver a qualification to shape the future of global accountancyequipping students with the essential skills needed to be the professional and ethical accountants of the future.”

135,259 students around the world entered the exam sitting, which saw a total of 186,011 exams taken and 5,853 students complete their final exams on the path to becoming ACCA members.

ACCA Qualification

 

Pass rate %

Knowledge

 

F1 - Accountant in Business

83%

F2 - Management Accounting

64%

F3 - Financial Accounting

68%

 

Skills

 

F4 - Corporate and Business Law

77%

F5 - Performance Management

43%

F6 - Taxation

50%

F7 - Financial Reporting

48%

F8 - Audit and Assurance

43%

F9 - Financial Management

46%

 

Essentials

 

P1 - Governance, Risk and Ethics

51%

P2 - Corporate Reporting

47%

P3 - Business Analysis

54%

 

Options

 

P4 - Advanced Financial Management

34%

P5 - Advanced Performance Management

32%

P6 - Advanced Taxation

43%

P7 - Advanced Audit and Assurance

32%

 

Foundations in Accountancy

Pass Rate %

Introductory Certificate in Financial and Management Accounting

 

FA1 – Recording Financial transactions

73%

MA1 – Management Information

79%

 

Intermediate Certificate in Financial and Management Accounting

 

FA2 - Maintaining Financial Records

67%

MA2 – Managing Costs and Finance

53%

 

Diploma in Accounting and Business

 

FAB – Accountant in Business

74%

FMA –Management Accounting

67%

FFA – Financial Accounting

64%

 

Foundation Specialist Awards

 

FAU – Foundations in Audit

58%

FTX – Foundations in Taxation

78%

FFM – Foundations in Financial Management

64%

 

- ends -

For media enquiries, contact:

Monique McKenzie, ACCA Newsroom
T: +44 (0)20 7059 5030
M: +44 (0)7725 613 447
E: monique.mckenzie@accaglobal.com
Twitter @ACCANews

About ACCA

ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants. It offers business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management.

ACCA supports its 198,000 members and 486,000 students in 180 countries, helping them to develop successful careers in accounting and business, with the skills required by employers. ACCA works through a network of 101 offices and centres and more than 7,291 Approved Employers worldwide, who provide high standards of employee learning and development. Through its public interest remit, ACCA promotes appropriate regulation of accounting and conducts relevant research to ensure accountancy continues to grow in reputation and influence.

Founded in 1904, ACCA has consistently held unique core values: opportunity, diversity, innovation, integrity and accountability. It believes that accountants bring value to economies in all stages of development and seek to develop capacity in the profession and encourage the adoption of global standards. ACCA’s core values are aligned to the needs of employers in all sectors and it ensures that through its range of qualifications, it prepares accountants for business. ACCA seeks to open up the profession to people of all backgrounds and remove artificial barriers, innovating its qualifications and delivery to meet the diverse needs of trainee professionals and their employers. More information is here: www.accaglobal.com

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