What is the Pass Rate for ACCA Exams?

Pursuing the ACCA qualification requires dedication and commitment, but understanding the pass rate can help you plan better. Knowing the pass rate can help you improve your preparation strategy, manage time effectively, and set realistic goals. This increases the chance of your success. The pass rates can vary depending on the specific paper and level of the ACCA exams. As the pass rates have constantly changed, a high pass rate doesn’t indicate that the tests are easier and simpler. On the other hand, a low pass rate doesn’t mean the level is difficult to pass. Moreover, a higher number of students enrols in the ACCA qualification compared to the number of passes. Generally, most subjects' ACCA  passing rate in Nepal ranges between 30% to 50%. The pass rate varies according to the difficulty level, exam patterns, your preparation, and changes in the syllabus. For example, the pass rate for the Strategic Professional is lower than that of Applied Knowledge and Applied Skills as it is more advanced. In this blog, we explore the global and Nepal’s ACCA exam pass rates, while also breaking it down for each subject. We look into the factors affecting the pass rate the challenges you face in this journey and most importantly valuable tips on how to improve your success rate. Whether you are new to starting the ACCA journey or looking to enhance your study approach, this blog will equip you with the required information you need.

About ACCA Course in Nepal

ACCA Course Concept. The Association of Chartered Certified Accountants is a globally recognised accounting qualification. The course is highly valued worldwide and equips you with knowledge and skills in accounting and finance. It opens various opportunities in different areas, including public practice, industry, commerce, and the public sector. Furthermore, the ACCA course is applicable in more than 180 countries, making it one of the most valuable and respectable accounting qualifications. This opens a pathway to a career in various nations and sectors worldwide. However, to access the pathway, you must complete the practical experience requirements and graduate from this course. Furthermore, this hands-on experience ensures that you not only have theoretical knowledge but also have practical experience. Thus, with a combination of theoretical knowledge and practical experience, ACCA provides a roadmap to becoming a qualified professional with the required skills, values, and ethics to succeed in the accounting and finance industry.

Overview of ACCA Exam Structure

ACCA Exam Structure The ACCA qualification is a globally recognised course, which provides you with the essential knowledge and skills in accounting and finance. One of the key advantages of the ACCA exam pattern is its flexibility, allowing you to plan your exams based on your time and commitments. Exams are conducted four times yearly- in March, June, September, and December. You can book your exam date 14 weeks before the exam. This gives you the benefit of planning your study schedule effectively. Most of the exams are conducted through CBE, i.e., Computer-based exams. To become a qualified ACCA professional, you must pass through three levels and meet the requirements for practical experience. You must go through the exams of the following papers: Applied Knowledge: The Applied Knowledge level provides you with the knowledge and understanding of finance and develops a basic understanding of accounting techniques. These exams include:
  • Business and Technology (BT)
  • Financial Accounting (FA)
  • Management Accounting (MA)
Applied Skills: Applied skills help build skills based on existing knowledge and understanding. This module develops solid, broad, practical finance abilities required to work and succeed in the industry. These exams include:
  • Corporate and Business Law (LW)
  • Taxation (TX)
  • Financial Reporting (FR)
  • Performance Management (PM)
  • Financial Management (FM)
  • Audit and Assurance (AA)
Strategic Professional: The strategic Professional paper helps to develop a blend of technical, ethical, and professional skills. You must pass essential and optional papers to complete this level. These exams include:
  • Essentials
    • Strategic Business Reporting (SBR)
    • Strategic Business Leader (SBL)
  • Options
    • Advanced Financial Management (AFM)
    • Advanced Audit and Assurance (AAA)
    • Advanced Taxation (ATX)
    • Advanced Performance Management (APM)
Thus, to qualify as an ACCA member, you need to pass all three levels and gain at least a minimum of 36 months of relevant work experience. This ensures that you have a good level of understanding, knowledge, practical skills, and experience for a successful career.

Pass Rate for ACCA Exams: Global vs Nepal

Pass Rate for ACCA Exams The ACCA exam pattern directly influences pass rates. Knowing the ACCA exam pattern and pass rates globally and in Nepal helps to understand the performance across different subjects. The pass percentage of ACCA exams constantly fluctuates, as they can vary by exam session, by papers, and the overall preparation of students. The global pass rates for ACCA exams range from around 30% to 50% for each paper. The pass rates also vary based on the levels, the detailed breakdown is given below:
  • Applied Knowledge Exams: Generally have pass rates between the range of 40% - 50%
  • Applied Skills Exams: Typically have pass rates around 40% - 50%
  • Strategic Professional Exams: The ACCA pass rates for professional exams are often lower, around 30% - 40%, due to the advancement and higher difficulty level.
The ACCA passing rate in Nepal is moderate. The high success rate indicates that Nepalese students' performance is improving. Nepal's increasing pass rate is due to access to several valuable resources, study materials, and support systems. Students who utilise the ACCA resources the instructors provide have higher pass rates. The focus on structured learning and resource utilisation has proven to be an essential factor.

ACCA Pass Rates by Subjects

The difference in pass rates of ACCA subjects indicates the dedication and performance of the students taking the exam. A number of total students in the ACCA is higher however the pass rate seems to be less. The breakdown of the ACCA pass rate 2024 by each subject is shown below:
Levels Subjects Pass Rates
Applied Knowledge Level BT- Business and Technology  89%
MA- Management Accounting 68%
FA- Financial Accounting 68%
Applied Skills Level  LW- Corporate and Business Law 79%
PM- Performance Management 42%
FR- Financial Reporting  51%
AA- Audit and Assurance 44%
FM- Financial Management 48%
TX- Taxation 55%
Strategic Professional Level (Essential) SBL- Strategic Business Leader  52%
SBR- Strategic Business Reporting 49%
Strategic Professional Level (Optional) AFM- Advanced Financial Management  46%
APM- Advanced Performance Management 37%
ATX- Advanced Taxation  47%
AAA- Advanced Audit and Assurance 37%
Note that the pass percentage of ACCA in Nepal can vary every year due to the commitment and performance of the candidates. As these pass rates keep on changing constantly, we also need to understand what are the factors that have been affecting the pass rates.

Factors Affecting ACCA Pass Rates in Nepal

Many students in Nepal dream and plan to complete the ACCA with a good percentage. However, there are various factors affecting the performance in the journey and exam. So, understanding such factors is important in improving the chances of achieving a higher percentage and better outcome. The key factors affecting the ACCA passing rate in Nepal are as follows:
  • Quality of Preparation

    Availability of study resources and preparation classes is also considered as one of the important factors. The access and use of approved study notes, practice questions, and mock tests may help in effective preparation thereby affecting the pass rate. Unfortunately, not all students are financially independent enough to enrol in coaching classes to gain beneficial knowledge and skills.
  • Education

    The experience and capability of the coaching institutions and teachers can affect the results of the students. Qualified teachers can make you understand better, build up basic knowledge, and get you ready for the exams. The coaching classes provide you with valuable study materials and guide you right from the beginning throughout the ACCA journey.
  • Commitment

    A student's commitment and dedication to studies can affect the pass rate. To improve your performance and increase the chance of success, you must have a high dedication level and study schedule. Consistent and disciplined study habits, an effective study schedule, and proper time management are essential for passing ACCA exams.
  • Support System

    One of the most important factors that affects the ACCA exam pass rate is access to the support systems in the ACCA journey. If you have access to study groups, quality coaching, mentorship, and peer support, it can enhance your knowledge, learning, and exam preparation. Guidance from experienced tutors and professionals can help in structured learning, and good preparation, and increase the chance of success.
These are some of the factors affecting the ACCA passing rates in Nepal, not limited to support system, commitment, quality of preparation, and Education Infrastructure. Therefore, you can increase the chance of a better outcome by identifying the factors influencing the pass rates and the challenges you face in the journey.

Challenges and How to Face ACCA Exams

Challenges to Face ACCA Exams As we are now aware of the factors affecting the ACCA passing rates in Nepal. Let’s have a look at the general challenges students go through on the journey of ACCA and how to face the exams. Being consistent with your study schedule and effectively managing time is one of the most common challenges. Your day-to-day activities also have an impact on how much time you have planned for studying. Moreover, balancing the classes and other responsibilities of work can be very challenging. Balancing your study, work, and deadlines can be challenging, but with proper planning, it is achievable. By managing your time effectively and staying focused, you can succeed in both study and work. Some of the tips on how to face ACCA exams effectively include the following:
  • Plan and Stick to a Study Schedule

    Being consistent is one of the key factors while preparing for the ACCA exams. First, create a structured study plan that includes all the topics you need to study for the exam. Break the study schedule into manageable sections, and always be committed to the schedule. Allocate equal and proper time for each subject and focus on the most difficult subjects. Also, revising regularly helps to understand the concept better.
  • Time Management

    One of the important things to prepare for exams is effective time management. To manage your time effectively, use planners or to-do lists to write down, organise your daily task,s and track the accomplishment. Allocate specific time for studying, attending class, and personal activities. Allocating time with breaks will help you manage and prepare effectively.
  • Practise Past Papers

    The best way to prepare yourself for the ACCA exams is by practising past exam papers. You should take past exam papers and complete them in the given time so that you can understand the real exam environment. This will help you understand the exam pattern, time limit, and the type of questions that can appear in the exams. It also improves the accuracy and speed when attempting the questions in the exams.
These are the challenges and tips on how to prepare yourself and face the ACCA exams. Also, keep yourself up to date with the ACCA syllabus changes, especially with the SBR subject. Managing time, practising test papers, and proper planning will help you to understand the exam format and prepare based on that.

Conclusion

The ACCA pass rate provides valuable insights into exam difficulty and how to effectively plan and prepare for exams. However, using the available resources provided by the coaching institutions and tutors can help to enhance the chance of success with better pass rates. Thus, increasing your chance of getting a higher percentage and better outcomes is only possible by being committed and dedicated to your studies. The journey to becoming an ACCA professional is quite challenging, but with the right preparation and strategy, you can achieve your goals. In this blog, we explore the overview of ACCA exams and structure, the pass rate for ACCA exams both globally and in Nepal, also a breakdown of ACCA pass rates, and how to effectively face the challenges of ACCA exams. If you want further insights on ACCA, do check out some of our other blogs. And, if you want to join the best ACCA college in Nepal, then feel free to contact Seekshya Academy. We hope you find this helpful. Thank you for reading till the end.

FAQs on What is the Pass Rate for ACCA Exams

What is the pass rate for the ACCA?

The pass rate for the ACCA varies based on the session and papers. Generally, the pass rate ranges between 30% to 50%.

Which ACCA exam is the hardest?

Different ACCA levels have different difficulties but based on the pass rates, the exams at the strategic professional level are the hardest.

Is ACCA really that difficult?

ACCA might be difficult but is possible to accomplish. That said it requires in-depth dedication, commitment, and regular labour with genuine effort.

How many times can you fail ACCA exams?

There is no restriction on the time limit and the number of exams you attempt. However, it is recommended to attempt a maximum of four exams in 6 months.

How to pass ACCA on the first attempt?

To pass ACCA on the first attempt, you need to allocate your time effectively, make a proper study schedule, and prepare equally for each subject.

What is the passing score for the ACCA exams?

The passing score for the ACCA exams is 50% for each level. To score this, you must prepare well and practise consistently.

What is the duration of ACCA?

The duration of ACCA is 3 years. You also need three year’s practical experience to become an ACCA member.

Is ACCA worth it in 2024?

Yes, ACCA is worth it in 2024 as it is a globally recognised course and is valued all around the world. It also opens a pathway to various opportunities in different nations and industries.