09 May

ICAEW Chartered Accountants show business skills are key

ICAEW Chartered Accountants’ rigorous training ensures that they are equipped with the expertise to become the most trusted and respected business advisers.

That dedication to honing business skills is evident in the 92% pass rate for the Business Strategy paper in the latest round of the ICAEW ACA examinations, the Professional Stage, undertaken by over 1,600 aspiring young professionals in March this year.

A total of 1,643 candidates attempted the Professional Stage exams at the March 2012 session. They took a total of 2,858 papers and 1,193 passed all the modules they attempted.

Of the 402 candidates who completed the Professional Stage this session, 127 did so without failing any papers at any session. They now move on to the Advanced Stage, leading to the prestigious ICAEW Chartered Accountant – ACA – qualification.

Mark Protherough, ICAEW’s Executive Director, Learning and Professional Development, said: “Once again, we have to applaud the quality of the candidates and their tutors. I congratulate them all and I am particularly pleased to see such excellent results for the Business Strategy paper. Our focus on business acumen and the ability to think strategically gives our students the opportunity to be respected the world over.”

The pass rates for the respective papers were:

Business Strategy – 92.0%
Financial Reporting – 69.0%
Financial Accounting – 86.4%
Audit and Assurance – 83.7%
Taxation – 82.9%
Financial Management – 74.2%
Financial Accounting Top-up – 82.8%

Gavin Aspden Director of Qualifications at the ICAEW, said: “I am delighted to see that over 400 students are a step closer to membership of the ICAEW as the result of hard work, support from employers and excellent training. Being an ICAEW Chartered Accountant opens the doors to a huge range of exciting careers in business and finance, in the UK and internationally.”

For more information on training as an ICAEW Chartered Accountant, visit www.icaew.com/training