Pass rates announced for March 2023 ACCA exam sitting

Pass rates have been announced for students who sat their ACCA (Association of Chartered Certified Accountants) exams in March 2023

87,305 entered for the March sitting, which saw 102,770 exams completed. A total of 3,278 students completed their final exams to become ACCA Affiliates. Remotely invigilated exams continue to be popular with the number of students choosing this option being 12,347. 

Commenting on the latest exam results, Alan Hatfield, executive director – content, quality and innovation, said: ‘This was the first exam session of the year and it’s great to see so many students making progress towards their goal of ACCA membership. We are extremely pleased with the March session results and congratulate all successful students, it is delightful to see an increase in pass rates across the majority of exams especially the Strategic Professional Options exams, AFM, APM and ATax. 

For students preparing for their next Applied Skills exams, we launched our new student feedback product, My Exam Performance in September 2022. This provides students with tailored feedback on their performance with personalised links to support them as they continue their ACCA journey and prepare for their next exam. It also helps them if they need to understand their strengths and weaknesses if they prepare for a resit exam. A recent survey confirmed that 87% of students rated it as highly useful and 81% said it motivates them to study. All Applied Skills students should make use of this invaluable support. 

For students preparing for their next Strategic Professional exams, it’s important to remember that Advanced Tax exams are changing from June 2023 onwards when our Advanced Tax exams will include professional skills marks. (ATX Malaysia variant will however change in December 2023). 

Additionally, we’re excited to launch a new development for the Strategic Business Leader exam. Starting from September 2023 we will introduce pre-seen information to SBL, further supporting students’ learning and helping to develop strategic thinking skills.’ 

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 34,283 exams, of which 2,838 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 Skills

 

TX – Taxation

53%

FR - Financial Reporting

52%

PM - Performance Management

44%

FM - Financial Management

49%

AA - Audit and Assurance

44%

Strategic Professional - Essentials

 

SBL - Strategic Business Leader

50%

SBR - Strategic Business Reporting

50%

Strategic Professional – Options

 

AAA - Advanced Audit and Assurance

34%

AFM - Advanced Financial Management

45%

APM - Advanced Performance Management

35%

ATX - Advanced Taxation

45%

 

–Ends–
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About ACCA

ACCA is the Association of Chartered Certified 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 believe that accountancy is a cornerstone profession of society that supports both public and private sectors. That’s why we’re committed to the development of a strong global accountancy profession and the many benefits that this brings to society and individuals.

Since 1904 being a force for public good has been embedded in our purpose. And because we’re a not-for-profit organisation, we build a sustainable global profession by re-investing our surplus to deliver member value and develop the profession for the next generation.

Through our world leading ACCA Qualification, we offer everyone everywhere the opportunity to experience a rewarding career in accountancy, finance and management. And using our respected research, we lead the profession by answering today’s questions and preparing us for tomorrow.

ACCA and CA ANZ have formed a strategic alliance for the benefit of members and to help shape the future of the profession. Find out more about us at accaglobal.com

"It's great to see so many students making progress towards their goal of ACCA membership."

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