In total, 3,377 students sat exams in March, and achieved the following pass rates:
- Audit and Assurance: 87.7%
- Business Planning: Taxation: 88%
- Business Strategy and Technology: 93.2%
- Financial Accounting and Reporting: IFRS: 82.3%
- Financial Accounting and Reporting: UK GAAP: 14.3%
- Financial Management: 85.1%
- Tax Compliance: 81.9%.
The March session also saw the launch of a new exam platform, data analytics software and digital learning materials.
Hazel Garvey, ICAEW Managing Director for Education and Training, said:
“Well done to all ICAEW students who passed their Professional Level exams in March and further congratulations to those who received our subject orders of merit prizes.
“These exams took place while the UK, and some other locations, were in lockdown and as a result were the biggest-ever sitting of exams by remote invigilation. The results are a testament to students’ commitment and adaptability to new ways of working over the past 12 months, which will stand them in good stead for the rest of their careers.
“I wish all our students the best of luck for the future.”
PROFESSIONAL LEVEL, MARCH 2021
SUBJECT ORDERS OF MERIT
Business Strategy and Technology
First place and the Railton prize
- Daniel Free, London (BDO LLP)
Audit and Assurance
Joint first place and the Watts prize
- Rebecca Keenan, London (PwC LLP)
- Anonymous, London (PwC LLP)
- Yi Xuan Tan, Malaysia
First place and the Howitt prize
- David Barker, Leeds (Sagars Accountants Ltd)
Financial Accounting and Reporting
First place and the Spicer and Pegler prize
- Miriam Lewis, Ashby-de-la-Zouch (Civil Service Finance Fast Stream)
Joint first place and the Knox prize
- Charles Colthorpe, London (FTI Consulting LLP)
- Tom Newsome, Kingston Upon Thames (PwC LLP)
Business Planning: Taxation
Joint first place and the Little prize
- Carl Hodgkinson, Preston
- Lucky Holkham, Bristol (ForrestBrown Ltd)
Please direct all media inquiries related to this article to Tom Mackintosh.