It was a near perfect sitting for CIPFA students sitting December’s Management Accounting December exam, with some 99.7% of sitters passing this time around.
The exams were a real mixed bag, where students in four papers achieved over 90% (including MA), and another four papers having pass rates of over 80%.
The pass rate for the Strategic Case Study is also on the rise, and for December it was 63.64%.
However, those sitting Audit and Assurance really struggled, and just 35.97% of sitters passed this paper. This compares to a 52% pass rate for AA in June.
The pass rate for Business Reporting is also heading in the wrong direction. In March last year sitters achieved a 77.78% pass rate, but it has gone down in every paper since, and for December slumped again to 48.41%.
CIPFA DECEMBER 2025 EXAM RESULTS: MA 99.37%; FA 91.35%; AA 35.97%; BPFM 58.87%; DSDA 57.23%; BR 48.41%; GRM 91.22%; TL (UK) 87.36%; TL (INT): 83.33%; IBC 70.97%; SPFM 74.19%; PSFR (UK) 90.59%; PSFR (INT) 80%; SCS 63.64%
