The Association of Chartered Certified Accountants (ACCA) has released the pass rates for the March 2025 exam session.  

The ACCA Qualification, which assesses essential skills and competencies for “modern” accountants, saw 90,707 candidates enter the March sitting, with 102,076 exams completed.  

A total of 3,877 students successfully completed their final exams to become ACCA affiliates. 

The latest pass rates reveal varied performances across different exam papers.  

Within the Applied Skills level, Taxation (TX) achieved the highest pass rate at 55%, followed by Financial Management (FM) at 50%, and Financial Reporting (FR) at 49%.  

Audit and Assurance (AA) recorded a pass rate of 47%, while Performance Management (PM) had the lowest at 42%. 

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At the Strategic Professional – Essentials level, the Strategic Business Leader (SBL) paper had a 53% pass rate, slightly ahead of Strategic Business Reporting (SBR) at 50%.  

Performance in the Strategic Professional – Options exams was mixed. Advanced Taxation (ATX) led with a 52% pass rate, followed by Advanced Financial Management (AFM) at 45%.  

Both Advanced Audit and Assurance (AAA) and Advanced Performance Management (APM) recorded the lowest pass rates in this category, each at 39%. 

ACCA executive director of content, quality and innovation Alan Hatfield said: “Every exam session represents a milestone for all the students that are striving to reach their goal of ACCA membership. We welcome this strong set of results and congratulate all successful students from the March session.   

“We remain committed to supporting our students’ career success and it’s great to see to see continued strong engagement with our key study resources, including My Exam Performance, our Practice Platform, and the Study Hub. In fact, the Study Hub saw its highest level of engagement so far ahead of the exam session. Using these resources continues to support improved exam performance, meaning faster progress to qualification, especially when studying with an Approved Learning Provider.”  

In comparison, the December 2024 session had 113,910 candidates, completing 130,898 exams, with 4,734 students achieving affiliate status.