Pass rates announced for December 2022 ACCA exam sitting

Pass rates have been announced by ACCA (the Association of Chartered Certified Accountants) for students who sat their exams in December 2022.

107,142 entered for the December sitting, which saw 128,693 exams completed. A total of 3,737 students completed their final exams to become ACCA Affiliates. Remotely invigilated exams continue to be popular with the number of students choosing this option rising to 15,848.

Commenting on the latest exam results, Alan Hatfield, ACCA executive director – content, quality and innovation said: ‘We’re pleased with the exam results for December 2022.  

This was the second session where we examined Professional Skills within our Strategic Professional Options AAA, AFM and APM examinations (ATX will change from June 2023). It’s an important change in ensuring that our students are work ready and have the strong skills, abilities and competencies required for the future accountant. We urge all students sitting AAA, AFM and APM exam to make full use of our learning resources to support their studies towards these examinations.    

We also recommend that all our students use the ACCA exam Practice Platform, a free resource allowing them to practise questions and attempt mock exams with software that simulates the real exam platform. Accompanying the platform are guides to self-marking and debrief resources, to help students and tutors better understand performance. Pass rates remain up to 20% better for students who use the platform.   

Since the launch of our new student support product, My Exam Performance, a recent survey confirmed that 87% of students rated it as highly useful and 81% said it motivates them to study. All students who have sat an Applied Skills PM, FM, FR, Tax (UK) and AA exam are encouraged to engage with the My Exam Performance platform to maximise the support with their exam preparation. 

Exam results  

The ACCA Qualification rigorously tests the skills, abilities and competencies that a modern accountant needs, with a firm grounding in ethics and professionalism. It prepares students for a rewarding career as a qualified and ethical finance professional.   

Results below also include those delivered via ACCA’s on-demand offering for Foundation Diplomas, Applied Knowledge and Law exams. These accounted for a further 36,954 exams, of which 3,137 were made possible through remote invigilation. 

For any student-related enquiry, please send us a message.

Visit www.accaglobal.com for more information and resources in the Covid-19 hub.

 

ACCA Qualification

Pass rate (%)

Applied Knowledge

 

BT - Business & Technology

79

FA - Financial Accounting

68

MA - Management Accounting

61

Applied Skills

 

LW - Corporate and Business Law

82

TX – Taxation

52

FR - Financial Reporting

49

PM - Performance Management

43

FM - Financial Management

51

AA - Audit and Assurance

40

Strategic Professional - Essentials

 

SBL - Strategic Business Leader

49

SBR - Strategic Business Reporting

47

Strategic Professional – Options

 

AAA - Advanced Audit and Assurance

32

AFM - Advanced Financial Management

41

APM - Advanced Performance Management

33

ATX - Advanced Taxation

39

 

FOUNDATION LEVEL QUALIFICATIONS

Pass rate (%)

ACCA Diploma in Financial and Management Accounting (Level 2 RQF)

 

FA1 - Recording Financial transactions

82

MA1 - Management Information

82

ACCA Diploma in Financial and Management Accounting (Level 3 RQF)

 

FA2 - Maintaining Financial Records

69

MA2 - Managing Costs and Finance

66

ACCA Diploma in Accounting and Business (Level 4 RQF)

 

FBT – Business & Technology

74

FFA - Financial Accounting

70

FMA - Management Accounting

67

Foundation Specialist Certificates (RQF Level 4)

 

FAU Foundations in Audit

35

FTX Foundations in Taxation

56

FFM Foundations in Financial Management 

46

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About ACCA: ACCA (the Association of Chartered Certified Accountants) is the global professional body for professional accountants.

We’re a thriving global community of 241,000 members and 542,000 future members based in 178 countries and regions, who work across a wide range of sectors and industries. We uphold the highest professional and ethical values.

We offer everyone everywhere the opportunity to experience a rewarding career in accountancy, finance and management. Our qualifications and learning opportunities develop strategic business leaders, forward-thinking professionals with the financial, business and digital expertise essential for the creation of sustainable organisations and flourishing societies.

Since 1904, being a force for public good has been embedded in our purpose. In December 2020, we made commitments to the UN Sustainable Development Goals which we are measuring and will report on in our annual integrated report.

We believe that accountancy is a cornerstone profession of society and is vital helping economies, organisations and individuals to grow and prosper. It does this by creating robust trusted financial and business management, combating corruption, ensuring organisations are managed ethically, driving sustainability, and providing rewarding career opportunities.

And through our cutting-edge research, we lead the profession by answering today’s questions and preparing for the future. We’re a not-for-profit organisation. Find out more at accaglobal.com

"We're pleased with the exam results for December 2022."

Alan Hatfield, executive director - content, quality and innovation - ACCA