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ICAEW March professional results

21 April 2017

The first-ever ICAEW Professional level CBE results are out and they are looking good! The March Audit & Assurance paper pass rate was 87.3%, and the Tax Compliance exam had a healthy 81.3% success rate. Both pass rates are well up on the paper-based December 2016 exams.

The top pass rate honour this time went again to Business Strategy with a pass rate of 92.5%. There was, however, a dip on the Business Planning Taxation paper, as its pass rate slipped to 71.3%.

The ICAEWs Mark Protherough said: Results from the first professional level computer-based exams are directly comparable to students who have previously taken the same exam on paper. We will of course continue to closely monitor feedback from ACA students and employers.

A total of 2,720 students sat the session with 4,136 exams attempted. Some 1,425 students sat the computer-based exams.

PwCs Heather Brown and Deutsche Banks Harriet Baker dominated the prize-winners picking up four out of the six paper prizes up for grabs.

March 2017 Professional level results
Audit & Assurance 87.3%; FA&R UK GAAP 83.1%; FA&R IFRS 81.6%; Tax Compliance 81.3%; Business Planning: Taxation 71.3%; Business Strategy 92.5%; Financial Management 81.3%

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