Pass rates

The pass rates for the Professional Qualification and the International Public Financial Management qualification are provided across the previous three years. Pass rates have been expressed as percentages.

Download CIPFA pass rates as a PDF

PQ and IPFM

 

Pass rates

Module

December 2018

March 2019

June 2019

September 2019 

December 2019 

March 2020

June 2020 

September 2020 

December 2020 

March 2021

June 2021

September 2021

December 2021 

March 2022 

Financial Accounting

54.7

64.9

50.1

62.5

56.3

49.3 

67.9

34.4

45.2

43.16

47.1

35.7

72.95

 86.59

Management Accounting

78

76.6

80.2

37.5

75.7

84.6

82.9

54.5

80

67.86

68.8

59.3

76.63

65.63 

PQ Audit and Assurance

74.1

82.6

84.9

51.7

50

89.5

87.8

52.8

63.6

74

86.2

58.33

70.83

 51.02

IPFM Audit and Assurance

50

20

52.4

40

46.3

48.3

7

33.8

61.1

20.83

42.5

55.55

31.42

 0

PQ Public Sector Financial Reporting

52.1

31.3

53

26.1

62.1

41.3

46.7

55

65.6

47.14

61.1

45.83

47.59

52.50 

IPFM Public Sector Financial Reporting

36.6

0

21.9

30.8

23.5

40

45.5

17.4

18.8

37.84

39.3

4.55

23.68

23.53 

Business and Change Management

72.7

73.6

81.6

75.9

84.7

73.3

81.8

73.3

86.7

83.58

86.7

85.29

75.22

 61.11

Financial Management

60.2

71.9

59.7

61.9

62.2

73.2

64.3

29.1

49

54.55

60.3

42.55 

52.89

17.39 

Corporate Governance and Law

85

93.9

92

90.6

90.3

65

90.1

86

75.4

90

86.7

88

93.22

90 

IPFM Governance, Public Policy and Ethics

100

75

77.8

100

55.2

100

60

85.7

91.7

100

87.5

100

60

50 

IPFM Public Finance

54.5

100

78.6

50

100

100

50

33.3

62.5

50

62.7 

0

57.14

100 

Taxation

79.5

16.7 

76.9

65

82.3

50

68.9

72.4

77.4

65.85

72.9

56.25

82.69

57.14 

Company Financial Reporting

44.7

56.6

67.8

52.9

51.9

67.6

58.1

54.5

52.1

69.39

70.6

60.71

55.36

56.76 

Strategy and Policy Development

78

61.8

75.8

63

70.1

60.7

63.3

84.7

72.8

58.33

76.9

58.62

75.16

50.82 

Strategic Public Finance

67.7 

63.2

78.6

70

72.3

61.9

71.6

70.3

74.5

71.11

78

42.85

64.6

 68

Strategic Case Study

71.2

N/A

71

33.33

69.3

41.7

71.6

53.3

71.4

60.42

74.8

75.8

85.5

75