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ACA Professional Level exam results published

Author: ICAEW

Published: 21 Jan 2022

ICAEW students have today (Friday 21 January 2022) received the results of their December 2021 ACA Professional Level exams.

In total, 6,745 students sat exams in December, and achieved the following pass rates:

  • Audit and Assurance: 79.8%
  • Business Planning: Banking: 68.5%
  • Business Planning: Insurance: 77.8%
  • Business Planning: Taxation: 79.4%
  • Business Strategy and Technology: 87.6%
  • Financial Accounting and Reporting: IFRS: 72.3%
  • Financial Accounting and Reporting: UK GAAP: 78.4%
  • Financial Management: 78.3%
  • Tax Compliance: 77.2%

Students also achieved a 100% pass rate in the Level 4 Accounting Technician Apprenticeship Portfolio and Reflective Statement, and an 81.8% pass rate in the Role Simulation.

Hazel Garvey, ICAEW Managing Director for Education and Training, said:

“Congratulations to all our students who passed their Professional Level exams in December, and well done to those who received one of our subject order and annual international order of merit prizes.

“We wish all ICAEW students the best of luck for their future studies and careers.”

Professional Level, December 2021

Subject orders of merit

Audit and Assurance

First place and the Watts prize

  • Simon Biasi, London (PFK Littlejohn LLP)

Business Planning: Banking

First place

  • Katherine Ellis, Wantage (PwC LLP)

Business Planning: Taxation

First place and the Little prize

  • George Wood, Solihull (FTI Consulting LLP)

Business Strategy and Technology

First place and the Railton prize

  • Sarah Hutchings, Essex (RSM Corporate Finance)

Financial Accounting and Reporting

Joint first place and the Spicer and Pegler prize

  • Simon Biasi, London (PFK Littlejohn LLP)
  • Sarah Macklin, Bristol (Grant Thornton UK LLP)
  • Anonymous, Slough (Olive Rossley Ltd)

Financial Management

First place and the Howitt prize

  • Emily Bhasin, Coventry (PwC LLP)

Tax Compliance

Joint first place and the Knox prize

  • Katherine Ellis, Wantage (PwC LLP)
  • Poppy Attwell-Bushell, Margate (Goldman Sachs International)
  • Anonymous, Malaysia

Professional Level, December 2021

Professional Annual International Order of Merit

First place and the Plender prize

  • David Barker, Leeds (Sagars Accountants)

Second place and the Stephens prize

  • Libby Warren, Waltham Cross (Barclays Bank PLC)

Third place and the Hewitt prize

  • Megan Jones, Birmingham (RSM UK Audit LLP)

Joint fourth place and the Northcott prize

  • Sara Ahmed, Epsom (KPMG LLP)
  • Oliver Soans, Stratford-Upon-Avon (H.L. Barnes)

Joint sixth place and the Arthur Swinson prize

  • Lily Gammon, Plymouth (Francis Clark LLP)
  • Fergus Neve, London (KPMG LLP)
  • Sophie Taylor, Nottingham (Mazars LLP)

Nineth place

  • Oliver Meads, London (PwC LLP)

Tenth place

  • Eleanor Wild, Teddington (KPMG LLP)

Eleventh place

  • Ivanna Lyepyeyko, Bristol (Deloitte LLP)

Joint twelfth place

  • Charli Kay-Burridge, Gravesend (FTI Consulting LLP)
  • Adam Stephenson, London (Saffery Champness LLP)

Fourteenth place

  • Emily Crawford, Tyne and Wear (UNW LLP)

Highest Non-Graduate student and the Simon Morris Memorial prize

  • Oliver Soans, Stratford-Upon-Avon (H.L. Barnes)

Highest Non-Public Practice student and the Roger Lawson prize

  • Bethan Rees, Wetherby (National Audit Office)