Corporate Reporting

Corporate Reporting (CR)

Our view is that CR is the hardest of the ACA exams. To pass the CR exam, students need broad and in-depth financial reporting knowledge, as well as excellent exam technique to be able to deal effectively with overlapping sub-requirements, long audit scenarios and performance analysis tasks. All of our CR tuition options teach the essential brought forward FAR content as well as the frequently examined advanced technical areas (e.g. financial instruments, share based payments, pensions, deferred tax and groups). Tuition is extremely exam focused and once a technical subject has been taught, we will develop your exam technique by teaching you exactly how to read, interpret and analyse the exam paper, before showing you how to structure and type your answer for each of the three CR questions. The three CR questions are very different from one another so we have devised the optimal exam strategy for each. The exam techniques you will be taught are those which enabled your tutor to win several prestigious ICAEW prizes and this tuition approach has resulted in us consistently achieving pass rates above the ICAEW average.

​A small sample of our student feedback is included below:

Kieran’s exam technique helped demystify the fear of answering the question and the way he taught us how to structure answers meant we went in with an advantage. With that structure there is no time to waffle and each requirement can be tackled efficiently. Kieran focused on the key areas, everything was made simple and I understood things clearly. College and even the textbook seem to over complicate even the simplest of things. The open book notes were super helpful as well as the slides, I used them for both CR and SBM. I fully intend on recommending you, best money I have spent. I always thought accounting was actually my worst subject, in certificate I got 62 and FAR I got 59. But in corporate reporting I got 70!

Wes (CR student who passed first time) 

The focus on past papers was immensely helpful – knowing how to tackle a question step by step and recognising what the questions require through familiarity, definitely made the actual exam easier. Breaking down the requirement into smaller chunks was really useful and made the process less daunting – knowing that there were always easier marks available to “get in the bag” and focus on these rather than more technical “top end” marks was a strategy that I was happy to apply.The notes provided were really good – It was a really good summary to flick to when revising and in the exam. I would recommend the course to other students without a doubt. The class size is perfect, the notes were really helpful and I received the best advice which I believed made the difference.

Werda (CR resit student) 

The proformas are great, especially the ones for consolidation. The slides and audit little booklet are good summary of all the topics, much better than Kaplan’s workbook. One of the big challenges for the CR exam is to apply the knowledge to the questions as the questions are integrated - the tuition focus on exam technique really helped with this. It is a really intensive course but I enjoyed it. 

Flora (CR resit student who passed first time with us) 

Kieran's exam technique is the most simple and effective out of all I have tried and tested over the years.
Tuition was much simpler to digest and understand compared to the big tuition providers.
The learning materials and webinars were also easy to revise and learn off by heart.
I would strongly recommend ACA Masters as Kieran has helped me not only with technique but eased my exam nerves - so the best of both!

Jaisal (CR student who passed first time with us)

Kieran was a key part to me passing my CR exam. He broke down the key areas that are fundamental to passing the exam and taught them in a way that was far easier to digest than a classroom college setting. I have already booked in for Case Study tuition and have no doubt he will be a massive help once again. Thanks a lot!

Marcus (CR student who passed first time with us)

Kieran's CR teaching style is very exam focused and builds confidence through his teaching style by breaking down exam questions which look complex into logical, structured answers. We were able to cover a large volume of information in a short amount of time, whilst feeling that I was able to retain all the knowledge that we covered in class. The lessons most definitely helped gain crucial marks in my exam.

2017 CR and Case Study student who passed first time with us

I passed both 😄!! Corporate reporting 76 & Case 56.

Can't thank you enough, absolutely no way I'd have passed without your teaching and guidance! Can't believe I am done with ACA exams now! In a little bit of shock ! This day seemed very far away when I first came to you on the back of 3 MI fails!

Ben (CR student who passed first time with us)

I am so happy that I chose to take your CR course over any well established big names in the market. Your style of delivering the course is unique and very easy to follow. I felt your course was especially tailor made for me. 

Subodh (CR student due to sit in November 2019)

Tuition Options

To get you through your CR exam, we offer small group classroom tuition, live online tuition, recorded webinars and one-to-one tuition.

 

Classroom tuition - London

Our CR course comprises four classes which are held on Saturdays in central London. Each of the classes focus on a set of frequently examined topic areas and you will be taught: the key technical concepts; the most effective way to read, analyse and work through the exam paper; the key things to look out for in exam questions; and most importantly, the specific technique you should use when generating points and typing your answer in the exam.  We will work exclusively with past paper questions from recent exams covering each type of CR question to ensure that you get up to the required standard as soon as possible – rather than wasting time with ‘warm-up’ questions. You will also be coached on how to study effectively, how to structure your revision and be guided as to what you need to do to pass the Advanced Level exams with strong marks.

The classes are structured as follows:

  1. Assets, Leases, Financial Instruments and Performance Reporting

  2. Share Based Payments, Pensions, Tax and Audit risks and procedures

  3. Group accounting and Group auditing 

  4. Group accounting for foreign subsidiaries and 'unusual' audit questions

Tuition fees

There are two payment options for the CR classroom course.

Option 1: Pay as you go

Tuition fees are £225 per class.

Option 2: Full Course

For students attending all 4 classes, the tuition fee is reduced to £195 per class.

Therefore, the full cost of the course is £780. 

 

The full course includes:

- Full access to our popular CR exam masterclass webinars which sell separately for £225 (see below).

- Learning materials and open book notes which sell separately for £50 (see below).

- A £10 per hour discount on one-to-one tuition (see below).

 

​Please contact us here if you wish to book.

Tuition is held in central London on Saturdays. Each class has a maximum of 15 students. This small group format ensures that the tutor can dedicate sufficient attention to each individual student, whilst at the same time building a collaborative learning environment where questions can be freely asked. This small group format has proved highly effective for our current and former students and is a contributing factor to our exceptionally high student pass rate. Students are also encouraged to act as ‘study buddies’ outside of formal tutoring hours.

 

Live online tuition

Our online tuition option is structured in the same way as our classroom course (above) and comprises four classes which are held on weekday evenings (6pm UK time). Tuition is extremely exam focused and will teach you the optimal exam technique for financial reporting, audit and performance reporting past exam questions by working through lots of recent exam papers on the most frequently examined topics. You will also be provided with open book exam notes to use in the exam and advised on how to structure your revision.

 

Our online classroom software uses video conferencing, screen sharing, virtual whiteboards and ICAEW computer based exam software. Many students prefer online tuition as it saves travel costs and time. We also record our online classes so that you can watch the class as many times as you need before your exam.

Tuition fees

There are two payment options.

Option 1: Pay as you go

Tuition fees are £150 per class.

Option 2: Full Course

For students attending all 4 classes, the tuition fee is reduced to £130 per class.

Therefore, the full cost of the course is £520.

 

This full course includes:

- Access to our popular CR exam masterclass webinars which sell separately for £250 (see below)

- Learning materials and open book notes which sell separately for £50 (see below)

Given how difficult CR is to pass, our classes are always oversubscribed so please contact us here if you wish to book. 

A sample from one of our online CR exam masterclasses is included below.

 

CR Exam Masterclass webinars

As our live CR courses are nearly always fully booked, our prize-winning senior ACA tutor Kieran Doe has recorded a series of CR exam masterclass webinars. 

Our online masterclasses teach the same content and exam techniques as our classroom and live online tuition options (above). Many students prefer the online masterclasses as they offer a lower cost option and can be accessed from any location with internet connection. 

Our CR exam masterclass webinars teach you the optimal exam technique for tackling each type of question in the CR exam. The classes work through recent past papers to show you how to work through the questions as quickly as possible whilst still scoring full marks. Tuition is extremely exam focused and we will develop your exam technique by working through financial reporting, audit, performance reporting and ethics past exam questions.

There are currently 18 classes in total, with each class approximately 2 hours in length. The classes are structured so that the course covers all three types of CR exam question and a full range of topic areas. We have also included revision classes for the frequently examined brought forward FAR and AA content.

Class 1 - CR Assets and Deferred Tax

Class 2 - CR Assets, Financial Instruments and Hedging

Class 3 - CR Assets, Financial Instruments and Hedging 2

Class 4 - CR Share Based Payments, Pensions, Tax 

Class 5 - CR Share Based Payments, Pensions, Tax and Audit

Class 6 - CR Groups 1, Performance Reporting, Assurance and Ethics

Class 7 - CR Groups 2 and Audit 

Class 8 - CR Groups 3 (Overseas subsidiaries) and Audit

Class 9 - CR Q1 Masterclass (Groups Audit) 

Class 10 - CR Q2 Masterclass (Financial Instruments, Revenue, Tax and Performance Reporting)

Class 11 - CR Q3 Masterclass (unusual Audit questions i.e. non 'risk and procedures' audit questions)

Class 12 - FAR revision 1: IFRS Technical tuition and Explain Accounting Treatment (Assets and Leases)

Class 13 - FAR revision 2: IFRS Technical tuition and Explain Accounting Treatment (Revenue, Inventory, Financial Instruments)

Class 14 - FAR revision: Single Entity Accounts

Class 15 - FAR revision: Group Income Statement and Statement of Financial Position extracts

Class 16 - FAR revision: Group Statement of Financial Position 

Class 17 - FAR revision: Group Income Statement and Statement of Changes in Equity

Class 18 - AA revision: Risks and Procedures

You can view one of our CR Exam Masterclasses below. 

You can purchase each individual class via PayPal for only £30 by clicking on the 'rent' icon below. You can then watch the class as many times as you need to ensure that you have understood the technical principles and mastered the exam techniques taught during the class. You can stream the classes directly below and view them on any device which has internet connection within the 72 hour viewing period. If you require access for longer than 72 hours, we suggest that you opt for the Full Series Offer - see below for details.

Full Series Offer

​​You can subscribe to all of the classes for £250 and enjoy a viewing period of up to 6 months. Just click on the subscribe icon on the video below to purchase via PayPal.

 

Please note that this is a monthly channel subscription so you will need to cancel your subscription a day before the end of the first month. You can cancel your subscription via PayPal. If you require access for longer than one month then please email us your PayPal payment confirmation email and we will send you a link to the videos so you can continue watching the videos for a further 5 months. There is no additional charge for this.

 

Learning materials

Our prize-winning ACA tutor, Kieran Doe, has developed our unique CR learning materials for use in the exam which consist of:

  • Easy-to-use financial reporting notes and audit risks and procedures for each subject area 

  • Calculation proformas and reminders 

  • Specific exam technique guidance for each type of CR exam question

A small sample is included below. The price for our unique CR materials is £50. You can purchase below using PayPal; if you wish to use another payment method then please contact us.

Once payment has been received, you will receive the materials via email within 24 hours.

One-to-one tuition

If you are struggling with a particular area, then one-to-one tuition is also available. We suggest that one-to-one tuition is used to supplement the tuition provided during our classroom or online classes to address any specific areas where you require intensive support. 

 

Tuition fees are £85-95 p/hour depending on the level of seniority of the tutor. 

Please contact us here if you wish to book.

Contact us here or email bookings@acamasters.com

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