The Institute of Chartered Accountants in England and Wales (ICAEW) has announced the results of the March 2025 ACA Professional Level exams.
A total of 4,194 students participated, achieving diverse pass rates across various subjects.
Audit and Assurance recorded a pass rate of 81.2%, while Business Planning: Taxation achieved 73.5%.
Business Strategy and Technology had the highest success rate at 87.4%, followed closely by Financial Accounting and Reporting at 82.9%.
Tax Compliance and Financial Management saw pass rates of 81.5% and 79.4%, respectively.
However, Financial Accounting and Reporting experienced the lowest pass rate at 50%.
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By GlobalDataAdditionally, the Level 4 Accounting Technician end-point assessment results were published.
The Portfolio and Reflective Statement, submitted by 90 students, achieved a 100% pass rate.
Meanwhile, 93 students completed the Role Simulation exam, with a 94.6% pass rate.
The ICAEW head of assessment Richard Eckersley said: “We extend our congratulations to all ICAEW students who passed their Professional Level exams this session, and an extra well done to those who earned one of our Subject Order of Merit prizes. We wish all our students the utmost success in their future studies and careers.”
The ICAEW, founded in 1880, represents more than 208,000 members and students globally. It supervises and monitors around 12,000 companies.
In March, the ICAEW appointed Sandra Mundy as a non-lay member of its regulatory board for a three-year term.
The ICAEW Regulatory Board oversees the organisation’s regulatory and disciplinary functions, ensuring they serve the public interest and reinforce trust in the profession.
The board maintains equal representation of lay members and chartered accountants, a structure introduced in 2014 following an independent review of the ICAEW’s regulatory governance.
