KARACHI – Results from the ACCA (Association of Chartered Certified Accountants) examinations in June 2012 show that a record number of students have successfully completed their final exams. Candidates around the world took almost 370,000 papers, with 7,160 students successfully completing their final ACCA exams, representing a 13.4pc increase on last session, says a press release.

Alan Hatfield, ACCA director -learning, said, “We congratulate those who have succeeded in their exams and we are delighted to see that more than 7,000 have completed their examinations, having been able to demonstrate the financial knowledge and professional skills which are needed by organisations in challenging economic conditions. We look forward to welcoming them to ACCA membership on completion of their practical experience requirements.”

Following the launch of ACCA’s new Foundations in Accountancy suite of awards in December, a bumper number of exams were taken both as paper-based and computer-based exams (CBEs), with 10,000 paper-based exams and almost 45,000 CBEs taken in the June session. This resulted in 2,935 students choosing to transfer to the ACCA qualification on completion of the Diploma exams. The Diploma exams in this suite of awards are benchmarked as equivalent to first year degree standard.

Commenting on the continuing success of students in their ACCA qualifications in Pakistan, Arif Masud Mirza, head of ACCA Pakistan said: “We are very pleased to see students performing exceptionally well in their examinations and commencing their professional careers.