CIPFA’s summerexam results are in

September 2024

The latest CIPFA pass rates were a mixed bag this summer, with three papers coming in at over 87%, and one paper where just 12.94% of sitters passed.

The pass rate for those sitting June’s Governance and Risk Management paper was 87.36%, and for Management Accounting it rose to a healthy 87.14. The Tax and Law (international) pass rate was the highest this time around at 87.5%; however, just eight people sat the paper in June.

Audit and Assurance also jumped to just under 68% – it was 58.14% last December.

However, on the downside the Business Planning & Financial Management paper pass rates dipped from 78.57% last December to just 56.86% this time. The Developing Strategy & Data Analysis pass rate also went the wrong way, and was just 53.79% for June.

The IPFM Governance, Public Policy & Ethics paper pass rate in December was 35.48%, and in June it rose to only 40.74%. There was one paper where only 12.94% of sitters were successful.

Some 85 PQs sat the IPFM Public Sector Financial Reporting paper and just 11 walked away with a pass.

CIPFA June 2024 Pass Rates

CF Audit & Assurance67.88%
CF Business Planning & Financial Management56.86%
CF Business Reporting68.25%
CF Developing Strategy & Data Analysis53.79%
CF Financial Accounting84.62%
CF Governance and Risk Management87.35%
IPFM Governance, Public Policy & Ethics40.74%
Implementing Business Change64.44%
Management Accounting87.14%
Tax & Law (UK)74.63%
Tax & Law (International)87.5%
IPFM Public Sector Financial Reporting12.94%
Public Sector Financial Reporting UK66.10%
Strategic Case Study61.17%
Strategic Public Financial Management65.38%