Unlike many bodies, ACCA publishes a pass rate for every exam, every session. That makes the numbers useful for planning which papers to attempt and when. Here are the latest figures we verified, and how to read them. Always confirm the current session on the ACCA pass-rates page, since a new set is released after each sitting.
March 2026 pass rates by exam
| Exam | Pass rate | Exam | Pass rate |
|---|---|---|---|
| TX (Taxation) | 53% | SBL (Strategic Business Leader) | 52% |
| FR (Financial Reporting) | 50% | SBR (Strategic Business Reporting) | 50% |
| PM (Performance Management) | 45% | AAA (Advanced Audit & Assurance) | 42% |
| FM (Financial Management) | 50% | AFM (Advanced Financial Management) | 44% |
| AA (Audit & Assurance) | 43% | APM (Advanced Performance Management) | 40% |
| ATX (Advanced Taxation) | 50% |
These are the March 2026 session figures. ACCA updates them every session, so check the official page for the latest.
How to use these numbers
- The spread is narrower than people expect: most exams land in the 40-53% band. There is no paper that “everyone fails”.
- The Strategic Professional options (APM, AAA, AFM) tend to sit at the lower end. If you have a choice of optional papers, the pass rate is one input, but pick by your strengths and career, not the percentage alone.
- ACCA is a marathon of up to 13 exams, so consistency across sessions matters more than any single paper’s rate.
For how the ACCA cycle and registration work, see our ACCA exam sessions guide and the ACCA overview.