Students studying for CIPFA Professional Qualifications have, once again, performed exceptionally in the December 2011 examinations. However, students who opted to study at the CIPFA Education and Training Centre (CETC) have done even better.
Just over 1000 exams were sat by CETC students, with the just-released December 2011 results showing an overall CETC success rate of 83%, against the national average of 71%.
Particular highlights include a number of different CETC groups studying both Finance and Management Case Study (FMCS) and Financial and Performance Reporting who achieved results at 41% above the national average, significant cohorts studying Governance & Public Policy and Public Finance did well too with over 90% pass rates. Special mention also goes to the smaller Financial Management Systems and Techniques (100%) and Tax (90%) groups.
The stand-out in London was the block release programme with one major client of this course, having an overall 97% pass rate for its students. The Accounting for Decision Making group in Manchester achieved 94%, with the smaller Tax group at 100%. The largest two groups in Cardiff, Audit and Assurance and FMCS achieved 100% and 92% respectively. The Leeds FMCS group all passed as well. The Birmingham groups were remarkably consistent, with most Diploma and Final Test rates right on the overall CETC averages.
Giles Orr, the Head of the CIPFA Education and Training Centre, welcomed the results,
‘Yet again our students have achieved an impressive set of exam results. Qualified public sector accountants are now more important than ever with our finance professionals steering us through these challenging economic times.’
These results continue the established trend of CETC leading the way for the CIPFA Professional Qualification, and were achieved during a period of exceptionally hard work by all CETC staff, who were also authoring and editing completely new learning materials for the revised and updated new syllabus in 2012 at the same time (as well as other key initiatives, including the highly successful Financial Reporting for Academies and expanded international work).
Contact: Tim Windle
CIPFA Press Office
T: 020 7543 5600
Notes to Editors:
CIPFA Education and Training Centre Pass Rate
CIPFA National Pass Rate
CIPFA National Pass Rate excluding CIPFA Education and Training Centre students
Pass rates compared to previous results
December 2011 results
June 2011 results
CIPFA, the Chartered Institute of Public Finance and Accountancy, is the professional body for people in public finance. Our 14,000 members work throughout the public services, in national audit agencies, in major accountancy firms, and in other bodies where public money needs to be effectively and efficiently managed. As the world’s only professional accountancy body to specialise in public services, CIPFA’s portfolio of qualifications are the foundation for a career in public finance. They include the benchmark professional qualification for public sector accountants as well as a postgraduate diploma for people already working in leadership positions. They are taught by our in-house CIPFA Education and Training Centre as well as other places of learning around the world. We also champion high performance in public services, translating our experience and insight into clear advice and practical services. They include information and guidance, courses and conferences, property and asset management solutions, consultancy and interim people for a range of public sector clients. Globally, CIPFA shows the way in public finance by standing up for sound public financial management and good governance. We work with donors, partner governments, accountancy bodies and the public sector around the world to advance public finance and support better public services. This includes the development of local professional qualifications in African countries like Lesotho and Nigeria and in Europe in post conflict states in the Balkans.