125,000 students around the world entered the latest exam sitting held in June, in which almost 160,000 exams were taken and 4,923 students completed their final exams to become ACCA affiliates. A further 56,700 exams were taken on demand between 1 April and 30 June 2019.
Globally, enrolment for computer-based exams (CBEs) has especially grown, as almost 100% of session-based exams at Applied Skills are by CBE with ACCA having delivered on its ambition to withdraw paper-based exams at this level.
Commenting on the latest exam results, Alan Hatfield, ACCA executive director strategy and development said: ‘The results from the June 2019 session were very consistent for computer-based exams (CBE), demonstrating that the great learning support we have in place is working. All countries where CBE is possible are now taking exams through this mode of delivery, with the exception of some tax and law variant exams. Malaysia and African countries have been amongst the most recent markets to have paper withdrawn.
‘Through these CBEs, ACCA is better preparing students to be effective in the workplace. The exams require demonstration of the skills employers expect, as they replicate the real workplace using spreadsheet and word processing skills, as well as testing technical skills.
‘Innovation drives the success of the ACCA Qualification, and we have used pioneering approaches for our exams by introducing on-demand CBEs as early as 1998, making ACCA the first professional body to offer this flexible option for its students. Subsequently, we introduced innovative multi-task questions to the on-demand exams. We then introduced unique session based CBEs in 2016, available four times a year, fully using word processing and spreadsheet tools. We look forward to introducing our innovative digital desktop CBEs for Strategic Professional exams next year.’
CBEs now include tax variants in China, Czech Republic, Hungary, Malaysia, Singapore as well as UK. The law variant was available in CBE in Malaysia and Singapore for the first time. The remaining tax and law variants will become CBE over the next 12 months.
ACCA QUALIFICATION |
PASS RATE % |
|
|
Applied Knowledge |
|
AB – Accountant in Business |
85 |
MA – Management Accounting |
66 |
FA – Financial Accounting |
72 |
|
|
Applied Skills |
|
LW – Corporate and Business Law |
84 |
PM – Performance Management |
38 |
TX – Taxation |
52 |
FR – Financial Reporting |
50 |
AA – Audit and Assurance |
39 |
FM – Financial Management |
46 |
|
|
Strategic Professional - Essentials |
|
SBL – Strategic Business Leader |
51 |
SBR – Strategic Business Reporting |
48 |
|
|
Strategic Professional – Options |
|
AAA – Advanced Audit and Assurance |
31 |
AFM – Advanced Financial Management |
38 |
APM – Advanced Performance Management |
33 |
ATX – Advanced Taxation |
43 |
FOUNDATIONS IN ACCOUNTANCY | PASS RATE % |
FA1 – Recording Financial transactions |
76 |
MA1 – Management Information |
82 |
FA2 – Maintaining Financial Records |
67 |
MA1 – Managing Costs and Finance |
70 |
FAB – Accountant in Business |
75 |
FMA – Management Accounting |
67 |
FFA – Financial Accounting |
68 |
FAU – Foundations in Audit |
46 |
FFM – Foundations in Financial Management |
59 |
FTX – Foundations in Taxation |
79 |