June 2019 exams: pass rates announced

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 Malaysia and African countries have been amongst the most recent markets to have paper withdrawn.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

"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"