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ACA results: tech paper achieves highest pass rate

18 October 2019, ICAEW students have today received their results in the September 2019 ACA Professional Level exams.

Students scored highly across most papers, with Business Strategy and Technology coming out on top with a pass rate of 89.2%, followed by Financial Management (87.2%) and Financial Accounting and Reporting at 80.5%. The pass rate for the 1,189 students who sat three exams was 74.3%. All in all, 4,254 students sat 7,766 exams in September.

In total, 667 students completed the Professional Level in September, with just under half (328) passing every exam they sat.

In order to progress to the Advanced Level of the ACA qualification, students must pass six modules to achieve the Professional Level. It takes on average three to five years to become a chartered accountant.

Shaun Robertson, ICAEW Director, Education and Qualifications, said:

“ICAEW students have once again demonstrated their hard work and talent by producing another set of solid results.

“As technology continues to transform most aspects of business, it’s very encouraging to see the Business Strategy and Technology paper achieve the highest pass rate. We ensure technology forms a core part of our syllabus, so it’s great to see our students are equally engaged.

“I would also like to personally congratulate the students who achieved our Order of Merit. Good luck to all of our students on their further studies and careers.”

Professional level September 2019 

Subject orders of merit

Business Strategy and Technology

First Place and the Railton prize: Anonymous, Bradford-On-Avon (MHA Monahans)

Audit and Assurance

First Place and the Watts prize: Nicholas Reynolds, Newcastle Upon Tyne (National Audit Office)

Financial Management

First Place and the Howitt prize: Fern Addy, London (Rees Pollock)

Financial Accounting and Reporting

First Place and the Spicer and Pegler prize: Frederick Sheehan, Hertford (Smith & Williamson LLP)

Tax Compliance

First Place and the Knox prize: Dane Jones, Potters Bar (National Audit Office)

Business Planning: Taxation

Joint First Place and the Little prize: Joseph Burgoyne, London (Ernst & Young LLP); Joseph Pepper, Sleaford (Deloitte LLP)

Business Planning: Banking

First Place: Anonymous, New Malden (Goldman Sachs International)

Media enquiries

Please direct all media inquiries related to this article to:

Tom Mackintosh
Tel: +44 (0) 20 7920 8789
Email: tom.mackintosh@icaew.com