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ACCA hails exams record

18 August 2008
Categories: News
6,174 passes in June

A record number of students successfully completed their Association of Chartered Certified Accountants (ACCA) final exams this summer.

Newly issued results show that 6,174 examinees passed to become ACCA affiliates – and there was also a record number of entrants, with 164,646 candidates taking a total of 335,566 papers in June.

The pass rates for each subject can be found below. Student performance at the professional (P) level was in line with expectations, but there were some disappointing results within the fundamentals (F) papers.

The ACCA’s learning and technical policy MD, Clare Minchington, said: ‘[Our] new qualification, launched in 2007, continues to be well received by employers, tuition providers and candidates'.

She added: ‘To meet the demands of globalised and complex economies, we are committed to ensuring that all our examinations meet the highest standards and provide a thorough testing of our students.'

June 2008 global pass rates

%

F1 Accountant in Business

83

F2 Management Accounting

51

F3 Financial Accounting

48

F4 Corporate & Business Law  

46

F5 Performance Management

28

F6 Taxation

45

F7 Financial Reporting

33

F8 Audit and Assurance

32

F9 Financial Management

42

P1 Professional Accountant

49

P2 Corporate Reporting 

48

P3 Business Analysis

49

P4 Adv Financial Management

36

P5 Adv Performance Management

37

P6 Adv Taxation

36

P7 Adv Audit and Assurance

33

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