ICAEW students have received the results of their March 2025 ACA Professional Level exams. In total, 4,194 students sat exams in March, and achieved the following pass rates:
Audit and Assurance: 81.2%
Business Planning: Taxation: 73.5%
Business Strategy and Technology: 87.4%
Financial Accounting and Reporting (IFRS): 82.9%
Financial Accounting and Reporting (UK GAAP): 50.0%
Financial Management: 79.4%
Tax Compliance: 81.5%
The Level 4 Accounting Technician end-point assessment results have also been released today. The Portfolio and Reflective Statement, which was submitted by 90 students, had a 100% pass rate. Meanwhile, 93 students completed the Role Simulation exam, with a 94.6% pass rate.
Richard Eckersley, ICAEW Head of Assessment, said: “We extend our congratulations to all ICAEW students who passed their Professional Level exams this session, and an extra well done to those who earned one of our Subject Order of Merit prizes.
“We wish all our students the utmost success in their future studies and careers.”
PROFESSIONAL LEVEL, MARCH 2025
SUBJECT ORDER OF MERIT
Audit and Assurance
Joint first place and the Watts prize
James McHenry, London (BTVK Advisory LLP)
Caitlin Johnson, Dover (McCabe Ford Williams)
Business Planning: Taxation
First place and the Little prize
Thomas McMahon, Watford (PricewaterhouseCoopers LLP)
Business Strategy and Technology
First place and the Railton prize
Barnes Lloyd-Jenkins, Mold (Audit Wales)
Financial Accounting and Reporting
First place and Spicer and Pegler prize
Shitong Yang, Birmingham (PricewaterhouseCoopers LLP)
Financial Management
First place and the Howitt prize
Nairah Majid, London (G-Research)
Tax Compliance
First place and the Knox prize
Catriona Littler, London (Sayer Vincent LLP)
