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ACA professional level exam results published

Author: ICAEW

Published: 14 Jul 2023

ICAEW students have today (Friday 14 July) received the results of their June 2023 ACA Professional Level exams.

In total, 7,027 students sat exams, and achieved the following pass rates:

  • Audit and Assurance: 84.3%
  • Financial Accounting and Reporting (IFRS): 80.5%
  • Financial Accounting and Reporting (UK GAAP): 80.8%
  • Tax Compliance: 84.4%
  • Business Planning: Taxation: 82.8%
  • Business Planning: Banking: 71.6%
  • Business Planning: Insurance: 75%
  • Business Strategy and Technology: 85.7%
  • Financial Management: 88.3%

Will Holt, ICAEW Managing Director, Education and Training, said: 

“My congratulations go to all students who passed their Professional Level exams, and additionally to those who received one of our subject orders of merit.

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

Professional Level, June 2023

Subject Orders of Merit 

Business Strategy and Technology

First place and the Railton prize 

  • Oliver Simpson, London (BDO LLP)

Audit and Assurance

First place and the Watts prize

  • Holly Chen, London (Ernst & Young LLP)

Financial Management

Joint place and the Howitt prize

  • Alexander Attwal, Tunbridge Wells (PricewaterhouseCoopers LLP)
  • William Clennell, Camberley (PricewaterhouseCoopers LLP)
  • Matt Hellewell, Manchester (PricewaterhouseCoopers LLP)
  • Katie Orbell, Norwich (Lovewell Blake LLP)
  • Nicholas Parford, London (Mazars LLP)

Financial Accounting and Reporting

Joint first place and Spicer and Pegler prize

  • Siti Sarah Binti Ahmad Lutpi, Malaysia
  • Holly Chen, London (Ernst & Young LLP)
  • Anonymous, London (RSM UK Audit LLP)

Tax Compliance

First place and the Knox prize

  • Mandy Pui Mun Lai, Malaysia

Business Planning: Taxation

First place and the Little prize

  • Rhys Tottle, Somerset (Albert Goodman LLP)

Business Planning: Insurance

First place

  • Michelle Ly, London (Mazars LLP)


Notes to editors: 

Contact: ICAEW media office, stephen.froome@icaew.com or 07970 402 073