In total, 7,525 students sat exams in June, and achieved the following pass rates:
- Audit and Assurance: 83.8%
- Business Planning: Banking: 76.0%
- Business Planning: Insurance: 85.7%
- Business Planning: Taxation: 77.8%
- Business Strategy and Technology: 87.7%
- Financial Accounting and Reporting (IFRS): 83.2%
- Financial Accounting and Reporting (UK GAAP): 85.2%
- Financial Management: 86.4%
- Tax Compliance: 77.2%
Additionally, 15 Level 4 apprenticeship students submitted and passed their portfolio and reflective statement, while 16 students sat the role simulation exam, which had a 75% pass rate.
Will Holt, ICAEW Managing Director for Education and Training, said:
“Congratulations to all of our students who have passed Professional Level exams, and an additional well done to those who received one of our Subject Order of Merit prizes.
“We wish all ICAEW students the very best for their future studies and careers.”
PROFESSIONAL LEVEL, JUNE 2024
SUBJECT ORDER OF MERIT
Audit and Assurance
First place and the Watts prize
- Dion Huang, West Drayton (British Airways plc)
Business Planning: Banking
First place
- Victoria Lee, London (Deloitte LLP)
Business Planning: Insurance
First place
- Adam Hawkins, Gibraltar (Deloitte Limited)
Business Planning: Taxation
Joint first place and the Little prize
- Katie Cummings, Manchester (Grant Thornton UK LLP)
- Amna Hameed, Manchester (Grant Thornton UK LLP)
Business Strategy and Technology
First place and the Railton prize
- Charles Cooke, London (BDO LLP)
Financial Accounting and Reporting
Joint first place and Spicer and Pegler prize
- Hafsah Mughal, London (Legal & General Group plc)
- Zheng Yang Lin, Malaysia
Financial Management
Joint first place and the Howitt prize
- Nathalie Sigrist, Oxford (Prolific Academic Ltd)
- Morvah Murley, Southampton (RSM UK Audit LLP)
- Tricia Chong, Malaysia
Tax Compliance
First place and the Knox prize
- Morvah Murley, Southampton (RSM UK Audit LLP)
ENDS
Notes to editors:
Contact: ICAEW media office, dean.pettipher@icaew.com or 07812 493 812