Fewer ACCA students entering exams has been ACCA’s most significant performance challenge in the last four years, says CEO Helen Brand in the Annual Integrated Report.
She said this is despite delivering a substantial number of exams ‘to a very high standard’. That said, exam entries in 2023-24 were 32,479 higher than the previous year, although they are not yet back to pre-pandemic levels. ACCA had targeted for 80,762 more exams to be sat.
The stats show 28.4% of students passed an exam in the year, which is 0.5% ahead of its ambition. Analysing the impact of its resources to ensure their value, ACCA found pass rates for students using the CBE practice platform for the September 2023 exams were 13% higher than the global average, and 6% higher for those using the ACCA Study Hub. Pass rates for students using both resources were 15% above the global average.
Brand points out that four years ago ACCA had 544,000 students and today 526,000. The pandemic and changes to the economic and geopolitical environment are apparent. However, it welcomed just under 100,000 in the year – its strongest recruitment year since 2019-20.
For more in-depth analysis of all the accountancy body annual reports check out the latest issue: https://issuu.com/pqpublishing/docs/pq_nov24_issue
