The pass rates are in for the March ACA Professional Level sitting. In all some 3.391 students sat 5,118 exams, and 2,430 PQs passed all the exams they took.
Just under 2,000 sitters attempted just one paper, and the pass rate was 71.3%. This meant 564 ACA PQs will have to resist their exam again.
Business Strategy & Technology saw the highest pass rate at the March session with 91%, followed by Financial Management where the pass rate was 81.4%.
Small numbers sitting the UK GAAP paper (9) meant the pass rate here, at 33.3%, was a little skewed.
ICAEW MARCH 2022 PROFESSIONAL LEVEL EXAM RESULTS
Audit & Assurance 76.4%
Business Planning: Taxation 75.1%
Business Strategy & Technology 91%
Financial Accounting & Reporting; IFRS 69.5%
Financial Accounting & Reporting: UK GAAP 33.3%
Financial Management 81.4%
Tax Compliance 79.2%
