How long will it take – to get qualified as a chartered accountant?

Some 183,508 accountancy students are still trying to ‘get qualified’ more than five years after they started their professional studies. That is 31.34% of all the PQs signed up with ACCA, CIMA, CIPFA, ICAEW, CAI, ICAS and AIA.

The figures form part of the Financial Reporting Council’s annual Key Facts and Trends in the Accountancy Profession report. And, as of the end of 2023 there were 585,441 students studying with the seven bodies, which are based in the UK and Republic of Ireland.

ACCA has the most students still studying and paying their subscription after half a decade, at 149,744 (or 33.89%), but this is not the biggest percentage. Some 55.56% of CIPFA students have still not qualified after five years of study. At CIMA just over 24,000 are still study after five year, that’s 29.5% of its total student population.

The percentages are very different for ICAEW, ICAS and CAI. Only 6.56%, 7.6% and 9% of their students respectively were still registered after five years of study.

Check out our feature on the stats in the latest issue: https://issuu.com/pqpublishing/docs/pq_jan25_multi.