Record number of ACA students pass ICAEW exam

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.

The pass rates were consistently high in the latest series of Professional Level exams (for June 2016 sitting, which was the first sitting of the new business planning: banking and business planning: Insurance modules with a pass rate of 91.2% and 87.5% respectively.

ACA students also excelled in tax compliance (88%) and business strategy (89%).

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

Business Strategy

Joint first place and the Railton prize

Mr Jonathan Knowles, Chichester (Deloitte LLP)

Miss Katherine Steele, London (PricewaterhouseCoopers LLP)

Miss Yasmin Hall, Cambridge (PricewaterhouseCoopers LLP)

Audit and Assurance

First place and the Spicer and Pegler prize

Mr Mihir Patel, Northwood (PricewaterhouseCoopers LLP)

Financial Management

First place and the Howitt prize

Mr Max Halliday, London (PricewaterhouseCoopers LLP)

Financial Accounting and Reporting

First place and the Spicer and Pegler prize

Mr Mihir Patel, Northwood (PricewaterhouseCoopers LLP)

Tax Compliance

First place and the Knox prize

Mr Ng Eng Leng, Bukit Mertajam, Malaysia

Business Planning: Taxation

First place and the Little prize

Ms Alessia Mecozzi, Camberley (Fiscal Reps Limited)

Business Planning: Banking

First Place

Mr James Lee, Twickenham (PricewaterhouseCoopers LLP)