Pass rate improves in latest ACCA exam results

RESULTS announced for ACCA’s June 2016 exam sitting reveal pass rate improvements for a number of papers, the institute has said.

The improvement were especially noted for advanced performance management,; audit and assurance, and financial management.

Dr Mary Bishop, director of learning at ACCA, said: “We believe that increasingly more students are using the study support materials we’ve introduced to help them prepare and succeed at these exams. This is really good news, and we’re delighted that these resources are making an impact and putting students on the path to success.”

Over 140,000 students entered for the June 2016 exams entering 198,144 papers, with 72,238 computer based exam sittings. The session saw 6,128 students worldwide complete their final exams, taking a major step to membership with ACCA.

Bishop added: “These are exacting exams, preparing accountants who meet employers’ requirements, and who are ready for the world of work. Our Professional accountants – the future report reveals that the competencies which professional accountants and auditors need are being reshaped by trends in digital technologies and their impact on business. Therefore, innovation and relevance are important characteristics of the ACCA qualification, mirroring how we work in the 21st century – using existing and emerging digital technologies, capabilities, practices and strategies.”

ACCA introduced four exam sessions a year in September 2015, taking place in March, June, September and December. This gives students and their employers the ability to plan when to take exams and also help those who retake exams more flexibly, effectively and efficiently.

A record number of ACA students have passed the latest ICAEW exams in which 5,491 students sat the professional level exams – the highest sitting to date.