In total, 6,450 students sat exams in June, and achieved the following pass rates:
- Audit and Assurance: 73%
- Business Planning: Banking: 64.6%
- Business Planning: Insurance: 70.9%
- Business Planning: Taxation: 81.2%
- Business Strategy and Technology: 92.6%
- Financial Accounting and Reporting: IFRS: 75.3%
- Financial Accounting and Reporting: UK GAAP: 71.4%
- Financial Management: 81.6%
- Tax Compliance: 80.3%.
The June session also saw students sit Level 4 End Point Assessments, and achieved a 100% pass rate in the Portfolio & Reflective Statement and 84.6% in the Role Simulation. [1]
Hazel Garvey, ICAEW Managing Director for Education and Training, said:
“Congratulations to all our students who have passed their exams, and particularly to those who have been awarded subject orders of merit.
“The pandemic has presented our students with many challenges and caused a great deal of uncertainty, but they have continued to excel. We commend their resilience and commitment, and wish them future successes in their studies and career.”
PROFESSIONAL LEVEL JUNE 2021
SUBJECT ORDERS OF MERIT
Business Strategy and Technology
First place and the Railton prize
Andrew Dumble, London (Morgan Stanley & Co International Plc)
Audit and Assurance
First place and the Watts prize
James De Laurenzy, Henley-on-Thames (Buffery & Co Ltd)
Financial Management
Joint first place and the Howitt Prize
Jack Gilman, Leeds (KPMG LLP)
Megan Jones, Birmingham (RSM UK Audit LLP)
Financial Accounting and Reporting
First place and the Spicer and Pegler prize
Sharvil Patel, Crawley (The Royal Bank of Scotland Group - Group Internal Audit)
Tax Compliance
First place and the Knox prize
Yi Xuan Tan, Malaysia
Business Planning: Taxation
First place and the Little prize
Nicolae Lojecico, London (PricewaterhouseCoopers LLP)
Business Planning: Banking
First Place
Andrew Dumble, London (Morgan Stanley & Co International Plc)
ENDS
Notes to editors
- 11 students sat the Portfolio & Reflective Statement and 13 students sat the Role Simulation in the Level 4 End Point Assessments