In total, 4,916 students sat exams in September, and achieved the following pass rates:
- Audit and Assurance: 79.7%%
- Business Planning: Banking: 53.5%
- Business Planning: Insurance: 60.0%
- Business Planning: Taxation: 80.8%
- Business Strategy and Technology: 83.9%
- Financial Accounting and Reporting (IFRS): 80.0%
- Financial Accounting and Reporting (UK GAAP): 42.9%
- Financial Management: 77.9%
- Tax Compliance: 84.8%
Will Holt, ICAEW Managing Director for Education and Training, said:
“Well done to all ICAEW students who have passed their Professional Level exams this session, and additional congratulations to those recognised with a Subject Order of Merit award.”
“We wish all our students the very best as they continue with their studies and move forward in their careers.”
PROFESSIONAL LEVEL, SEPTEMBER 2025
SUBJECT ORDER OF MERIT
Audit and Assurance
First place and the Watts prize
- Oliver Coto Clarke, London (Saffery LLP)
Business Planning: Banking
First place
- Janki Patel, Guernsey (Deloitte LLP)
Business Planning: Taxation
First place and the Little prize
- Samuel Gibbs, Northampton (Deloitte LLP)
Business Strategy and Technology
Joint first place and the Railton prize
- Jack North, London (BDO LLP)
- Anonymous, London (Forvis Mazars LLP)
Financial Accounting and Reporting
Joint first place and Spicer and Pegler prize
- Theenesh Sivaram, Malaysia
- Callum Smith, London (Millennium Capital Management Limited)
Financial Management
Joint first place and the Howitt prize
- Ellie Nguyen, London (Legal & General Group plc)
- Jemma Phillips, Christchurch (PricewaterhouseCoopers LLP)
- Lauren Smith, Wymondham (Lovewell Blake LLP)
Tax Compliance
First place and the Knox prize
- Joseph Tams, Derby (Inni Accounts Ltd)
ENDS
Notes to editors:
Contact ICAEW media office:
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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.
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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.
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