The Association of Chartered Certified Accountants (ACCA) have released the latest pass rates for the June 2011 exam sitting.
196,000 students took more than 373,000 papers, with 6,294 students successfully completing their final ACCA examinations. A further 2,978 students completed the Certified Accounting Technician (CAT) exams.
ACCA will be moving to a new e-assessment examination model, with the first papers transitioning to the new system in 2012, with all papers being phased over the next few years. ACCA already offers Computer Based Exams (CBE), first introducing them in 1998, and has since implemented e-paper production and e-marking of its scripts.
The June 2011 Exam Session ACCA Qualification Pass Rates were as follows:
Paper F1, Accountant in Business, 70%*
Paper F2, Management Accounting, 57%*
Paper F3, Financial Accounting, 55%*
Paper F4, Corporate and Business Law, 55%
Paper F5, Performance Management, 37%
Paper F6, Taxation, 51%
Paper F7, Financial Reporting, 38%
Paper F8, Audit and Assurance, 40%
Paper F9, Financial Management, 38%
Paper P1, Governance, Risk and Ethics, 52%
Paper P2, Corporate Reporting, 50%
Paper P3, Business Analysis, 47%
Paper P4, Advanced Financial Management, 30%
Paper P5, Advanced Performance Management, 35%
Paper P6, Advanced Taxation, 45%
Paper P7, Advanced Audit and Assurance, 31%
JUNE 2011 SESSION CAT PASS RATES:
Paper 1, Recording Financial Transactions, 59%*
Paper 2, Information and Management Control, 56%*
Paper 3, Maintaining Financial Records, 57%*
Paper 4, Accounting for Costs, 60%*
Paper 5, Managing People and Systems, 57%
Paper 6, Drafting Financial Statements, 76%
Paper 7, Planning, Control and Performance Management, 45%
Paper 8, Implementing Audit Procedures, 43%
Paper 9, Preparing Taxation Computations, 64%
Paper 10, Managing Finances, 47%
* Combined pass rates for paper-based and computer-based exams.
For further information visit www.accaglobal.com.