The Association of Chartered Certified Accountants announced the results for their September 2017 exam sitting on Monday, with pass rates remaining similar to the June 2017 sitting.

More than 101, 365 students around the world participated in the exam, with a total of 130,824 exams taken and 4,325 students completing their final exams to become ACCA members.

"We’re delighted with the pass results for the September 2017 exam session," stated Alan Hatfield, ACCA executive director of strategy and development. "Our session-led computer-based exams (CBE) continue to roll out globally with much success, now being available in 36 countries around the world. We have also worked closely with tutors at approved learning providers in several countries, to improve teaching towards the innovative assessments, which has positively affected results."

"Unsurprisingly, students that attend our approved learning providers continue to get stronger pass rates; a credit to our learning providers who are supporting all of the qualification transformations," added Hatfield. "Transformations include opportunities to sit exams four times a year and to demonstrate workplace skills in the exams, allowing students to become more effective accountants in the workplace."

The September 2017 ACCA Exam qualifications and pass rates are as follows:

Knowledge
Pass rate %
F1 - Accountant in Business
80
F2 - Management Accounting
62
F3 - Financial Accounting
67

Skills


F4 - Corporate and Business Law
80
F5 - Performance Management
43
F6 - Taxation
48
F7 - Financial Reporting
47
F8 - Audit and Assurance
37
F9 - Financial Management
48

Essentials


P1 - Governance, Risk and Ethics
53
P2 - Corporate Reporting
50
P3 - Business Analysis
55

Options


P4 - Advanced Financial Management
35
P5 - Advanced Performance Management
32
P6 - Advanced Taxation
33
P7 - Advanced Audit and Assurance
31


Foundations in Accountancy
Pass Rate %
Introductory Certificate in Financial and Management Accounting

FA1 – Recording Financial transactions
79
MA1 – Management Information
86

Intermediate Certificate in Financial and Management Accounting


FA2 - Maintaining Financial Records
71
MA2 – Managing Costs and Finance
67

Diploma in Accounting and Business


FAB – Accountant in Business
73
FMA –Management Accounting
63
FFA – Financial Accounting
61

The ACCA is also set to launch a new Ethics and Professional Skills module on October 31, which looks to develop the "full spectrum of advanced ethical and professional skills, exposing [users] to realistic business situations," according to the association.

For more on the ACCA, head to their site here.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access