ACCA announces March 2021 pass rates

The Association of Chartered Certified Accountants announced results for its March 2021 exam sitting — the first of the year.

Despite the ongoing COVID-19 pandemic, more than 92,000 students around the world sat for approximately112,000 exams. In all, 3,440 students completed their final exams to become ACCA affiliates. Notably, 21,402 students sat for remote exams for the Applied Skills and Strategic Professional sections.

“Whilst Covid-19 continues to be the greatest challenge of our time, our students have made tremendous strides in their ACCA journeys in this latest exam session," said Alan Hatfield, ACCA executive director, strategy and development, in a statement. "The incredible support of all our Approved Learning Partners in assisting our students to achieve these results is hugely attributed to this success. As always, we also want to thank all our students for choosing to study with ACCA and reassure them that we’ll continue to help them progress by offering remotely invigilated exams where needed, as well as exams in centres where it is safe and appropriate to do so.”

The March 2021 exam results and pass rates are as follows:

Applied Knowledge

  • BT - Business and Technology: 83 percent
  • FA - Financial Accounting: 74 percent
  • MA - Management Accounting: 72 percent

Applied Skills

  • LW - Corporate and Business Law: 87 percent
  • TX - Taxation: 46 percent
  • FR - Financial Reporting: 47 percent
  • PM - Performance Management: 44 percent
  • FM - Financial Management: 46 percent
  • AA - Audit and Assurance: 43 percent

Strategic Professional - Essentials

  • SBL - Strategic Business Leader: 50 percent
  • SBR - Strategic Business Leader: 52 percent

Strategic Professional — Options

  • AAA - Advanced Audit and Assurance: 32 percent
  • AFM - Advanced Financial Management: 39 percent
  • APM - Advanced Performance Management: 36 percent
  • ATX - Advanced Taxation: 44 percent

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

  • FA1 - Recording Financial transactions: 76 percent
  • MA1 - Management Information: 74 percent

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

  • FA2 - Maintaining Financial Records: 73 percent
  • MA2 - Managing Costs and Finance: 69 percent

ACCA Diploma in Accounting and Business (Level 4 RQF)

  • FBT - Business and Technology: 78 percent
  • FFA - Financial Accounting: 70 percent
  • FMA - Management Accounting: 75 percent

For more information, head to the ACCA's site here.

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