CIPFA professional qualification exam results December 2014

23-01-2015

Students from the Chartered Institute of Public Finance and Accountancy (CIPFA) have achieved an impressive set of results in the December 2014 CIPFA Professional Qualification (PQ) and the new Public Audit Qualification (PAQ) examinations.

The exams saw students achieve an overall pass rate of 75%, a slight increase from the 72% pass rate in June 2014, including particularly strong pass rates in core technical subjects such as Financial Reporting and the first PAQ cohort.

CIPFA Executive Director for Learning and Membership, Adrian Pulham said:

“It is a pleasure to be able to congratulate our students on achieving another impressive set of exam results. These results provide a solid foundation for the full launch of CIPFA’s new PQ syllabus and e-assessment later this year.

“The modules our students have passed and the qualifications they have gained will ensure they are in the best position to build a successful career in public finance and make a powerful difference to public services around the world”.

ENDS

Notes to editors

Further details of the new PQ can be found online or by emailing newPQ@cipfa.org

The full results table for the December 2014 CIPFA examinations:

PQ/PAQ Module

Pass rate

Financial Accounting

90%

Management Accounting

97%

Financial Reporting

77%

Audit & Assurance

74%

Business Management

93%

Business Strategy

64%

Financial Management

69%

Governance, Public Policy & Ethics

60%

Public Finance & Taxation

78%

Public Sector Financial Reporting

65%

Strategic Leadership

80%

Strategic Financial Management

68%

TOTAL

75%