In total, 7,950 students sat exams in June, and achieved the following pass rates:
- Audit and Assurance: 81.5%
- Business Planning: Banking: 74.8%
- Business Planning: Insurance: 73.5%
- Business Planning: Taxation: 84.2%
- Business Strategy and Technology: 86.1%
- Financial Accounting and Reporting (IFRS): 81.4%
- Financial Accounting and Reporting (UK GAAP): 75.9%
- Financial Management: 84.7%
- Tax Compliance: 82.7%
The Level 4 Accounting Technician end-point assessment results have also been released today. The Portfolio and Reflective Statement, which was submitted by 11 students, had a 100% pass rate. Meanwhile, 15 students completed the Role Simulation exam, with an 80% pass rate.
Will Holt, ICAEW Managing Director for Education and Training, said:
"Congratulations to all ICAEW students who have successfully passed Professional Level exams this time around, and additionally to those who have been awarded one of our Subject Order of Merit prizes.
“We wish every one of our students success in their future studies and careers."
PROFESSIONAL LEVEL, JUNE 2025
SUBJECT ORDER OF MERIT
Audit and Assurance
Joint first place and the Watts prize
- Lara Kay Noden, London (Goldman Sachs International)
- Sophia Nabeel, Haywards Heath (Feist Hedgethorne Limited)
- Adam Bolchover, Cheadle (PricewaterhouseCoopers LLP)
Business Planning: Banking
First place
- Amie Bletso, London (Lloyds Banking Group – Finance Graduate Scheme)
Business Planning: Taxation
First place and the Little prize
- Ashleigh Hamilton, Dorchester (CB Reid Limited)
Business Strategy and Technology
First place and the Railton prize
- Yu Xuan Chng, Leeds (Forvis Mazars LLP)
Financial Accounting and Reporting
First place and Spicer and Pegler prize
- Hui Lin Wong, Malaysia
Financial Management
First place and the Howitt prize
- Jack Ramsbottom, Chester (RSM UK Audit LLP)
Tax Compliance
First place and the Knox prize
- Benjamin Davies, Ellesmere Port (Grant Thornton UK LLP)
ENDS
Notes to editors:
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About ICAEW
Chartered accountants are talented, ethical and committed professionals. ICAEW represents more than 208,000 members and students around the world.
Founded in 1880, ICAEW has a long history of serving the public interest and we continue to work with governments, regulators and business leaders globally. And, as a world-leading improvement regulator, we supervise and monitor around 12,000 firms, holding them, and all ICAEW members and students, to the highest standards of professional competency and conduct.
We promote inclusivity, diversity and fairness and we give talented professionals the skills and values they need to build resilient businesses, economies and societies, while ensuring our planet’s resources are managed sustainably.
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ICAEW is a founding member of Chartered Accountants Worldwide (CAW), a global family that connects more than 1.8m chartered accountants and students in more than 190 countries. Together, we support, develop and promote the role of chartered accountants as trusted business leaders, difference makers and advisers.
We believe that chartered accountancy can be a force for positive change. By sharing our insight, expertise and understanding we can help to create sustainable economies and a better future for all.