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ACA Professional Level exam results published

Author: ICAEW

Published: 16 Apr 2021

ICAEW students have today received the results of their March 2021 ACA Professional Level exams.

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.”


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 


Financial Management 

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)


Tax Compliance 

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)
Media enquiries

Please direct all media inquiries related to this article to Tom Mackintosh.