ACA Advanced level results

October 2024

The ICAEW Advanced Level July exam results are in. Just over 6,000 students took 9,578 papers, and the overall pass rates were:

  • Case Study 87.5%.
  • Corporate Reporting 84.7%.
  • Strategic Business Management 82.6%.

However, these pass rates don’t show the whole picture. In all, just over 700 ACA students failed all the papers they sat. And the pass rate for those sitting just the Strategic Businesses Management paper was 57.4%, and for those attempting Corporate Reporting on its own it was 66.5%. This compares with a 72.6% success rate for the 709 students who sat three papers and passed them all.

The ICAEW has also split the results into Europe and the Rest of the World, and there is a worryingly big gap in pass rates. While it is only 12% for the Case Study exam, it rises to 37% for Corporate Reporting. The gap between the Europe and Rest of the World pass rate for Strategic Business Management is a whopping 43.5%.

The order of merit prizes went to Faye Bottomley of KPMG, Eleanor Greenwood of Dixon Wilson, Ryan Betts of RSM, and Joseph Gabbot from Forvis Mazars.