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)