The latest ICAEW professional level exam results show that 7,549 students sat in December, with 13,110 exams attempted.
In all, 5,595 trainees passed all the exams they took, and 1,794 students passed the professional level at this session.
The big jump in pass rates came in the FM exam, which rose from 71% last time out to 89.43% this time. However, the pass rate for AA dropped from 78% in September to just 73.4% in December.
Just over 1,000 sitters took three papers; 73% passed all three, with a further 15% passing two out of three.
The stats also show just fewer than 3,000 PQs sat one paper, and while 73% passed their paper it meant 1,183 (15.7%) failed, and came away from the exam with nothing to show.
PROFESSIONAL LEVEL EXAM RESULTS – DECEMBER 2024:
Audit and Assurance: 73.4%; Business Planning: Banking: 61.3%; Business Planning: Insurance: 80.8%; Business Planning: Taxation: 79.8%; Business Strategy and Technology: 86.4%; Financial Accounting and Reporting (IFRS): 80.0%; Financial Accounting and Reporting (UK GAAP): 69.6%; Financial Management: 89.4%; Tax Compliance: 81.6%
