Corporate Reporting (CR)
Our view is that CR is the hardest ACA exam. 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 Professional Level content as well as the frequently examined advanced 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:
The course is an excellent pace, with early exposure to exam style questions, allowing you to practice the exam technique early on. Kieran is incredibly approachable, encouraging and has a unique ability to explain challenging concepts. I would highly recommend Kieran to any ACA students!
Lucy (CR student who passed all her exams first time with us, including 84% for CR)
I have previously had training for CR from a big name tuition provider. Their tutoring style really wasn't for me. I was left unclear on key components of answer techniques such as: answer structure, mark allocation, question order / simultaneous answers, calculations and maybe most importantly presentation of answers.
Kieran helped me with all the above and I preferred his approach significantly to my previous provider. The key benefits to highlight are:
1. Training on technical information is SIMPLE and straightforward. Makes it easier to understand.
2. Advice on when and how to maximise efficiency by answering different question parts together.
3. Advice on writing style to maximise bang for your buck when picking up points (i.e. simple succinct writing)
4. Comprehensive question tutorials.
5. Simple and effective work plan taking you from content learning all the way to question practice.
6. Available for questions all the time.
7. Helped me significantly with low self confidence.
8. Good value.
His approach helped me pass CR. I got 82. Can't wait to put that on my hinge profile and hopefully the likes will come rolling in. Thanks Kieran.
Chitraj (CR student who passed first time with us with a score of 82%)
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 with 70%)
I managed to pass the ACA Case and Corporate Reporting exams in August with 60 and 68 respectively, having originally scored 34 and 37 respectively!
I have always worked hard but struggled in the exam room and the tips you provided for technique and staying calm clearly worked! I still walked out of the exam thinking it had gone disastrously, but the techniques clearly won the marks, so a massive thank you.
August 2020 video course student
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)
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 all his exams first time with us)
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 ******’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)
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)
The video courses are excellent. I used them for BPT in December 2019 and passed first time. I have subsequently gone on to buy them for advanced level exams CR and SBM. They are extremely good value for money. Using CR as an example, you get over 25 videos, some of which are three hours long and they even cover brought forward/assumed knowledge. I find that the way Kieran explains things really helps me to understand the topics well and he doesn't use complicated language. There is also a massive emphasis on how to answer the exam questions after each topic is covered. If you're thinking about buying them, definitely do. They'll help you so much!!
Alisha (Video course purchaser)
Further detail on how our approach differs from other tuition providers is included in our 'How to Pass the CR Exam' article.
To get you through your CR exam, we offer we offer live tuition, video tuition and one-to-one tuition. It is possible to combine different methods of tuition.
CR Live Course
Our live CR course comprises five classes which are held on Saturdays. Each class focuses 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; how and when to use your open book notes; and most importantly, the specific technique you should use when generating points and typing your answer in the exam.
Tuition is extremely exam focused and 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.
Our CR Master Plan categorises all the past exam questions by topic, so that after each class you can go and practice your newly acquired exam technique skills on similar questions and watch your marks drastically improve (hopefully you will join our growing list of prize winners!)
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:
Assets, Leases, Financial Instruments and Hedging and Audit Risks and Procedures
Share-Based Payments, Pensions, Tax and Audit Risks and Procedures
Group Accounting and Group Auditing
Group Accounting for Foreign Subsidiaries and 'Unusual' Audit Questions
Advance Information Analysis
In advance of the course, you will be provided with access to our FAR and AA revision classes which cover the essential brought forward content from Professional Level. You will also be provided with access to our CR video classes (see below). This enables class time to be spent on the advanced areas and exam technique development.
The total cost of the course is £780.
The course includes:
- Access to our FAR and AA video classes as most need a refresher on the brought forward content.
- Access to our CR video classes (see below).
- Open Book Notes for use in the exam (see below).
- Our CR Master Plan: a detailed step-by-step study plan (see below).
Please contact us here for availability and course dates.
Tuition is held online. Online tuition operates in exactly the same way as face-to-face tuition. Our online classroom uses video conferencing (Zoom), virtual whiteboards and electronic study materials. Many students prefer online tuition as they feel more comfortable asking questions using the chat function and because it saves travel costs and time. Classes are recorded so that you can watch each class as many times as you need before your exam.
A sample from one of our online CR classes is included below.
CR Video Course
(2021 version available from March 2021)
As our live CR courses are nearly always fully booked, our prize-winning Senior ACA Tutor Kieran Doe has recorded a CR video course. The online course teaches the same content and exam techniques as the live courses. The video course offers a lower cost option whilst yielding the same benefits as live tuition.
Each class focuses on a frequently examined topic and teaches the key technical concepts in a simplified way before demonstrating the optimal exam technique by working through recent past exam questions in full. You will be taught the most efficient way to read, interpret and analyse the exam paper and most importantly, the specific technique you should use when generating points and typing your answer in the exam. This includes advice on how to make effective use of your open book notes when answering questions.
Having understood exactly how you should be approaching a particular type of CR exam question, you can then go and attempt similar past exam questions to put these prize-winning exam technique skills to the test and watch your marks drastically improve - hopefully you will join our growing list of prize winners! Our CR Master Plan (see below) categorises all the past exam questions by topic to make it easy for you to practice similar questions after each class. This enables you to conquer CR by mastering one area at a time.
The course is structured so that it covers each examinable area and each type of CR exam question. As there is a substantial amount of assumed knowledge for most CR topics, we have included our FAR and AA tutorials as part of the course. We suggest that you watch the classes in the order set out below. However, if you are already comfortable on a particular topic then you may want to skip the FAR revision class.
The course structure is as follows:
Assets: FAR recap
Assets: additional CR content and CR exam questions
Financial Instruments and Equity: FAR recap
Financial Instruments and Hedging: additional CR content and CR exam questions
Leases: FAR recap
Leases: additional CR content and CR exam questions
Groups - P&L, SFP, SOCE: FAR recap 1
Groups - Subsidiary Disposal: FAR recap 2
Groups - Associates and Joint Ventures: FAR recap 3
Groups - additional CR content and CR exam questions 1
Groups - additional CR content and CR exam questions 2 (Foreign Subsidiary)
CR Q1 Exam Masterclass
CR Q2 Exam Masterclass
CR Q3 Exam Masterclass
EPS: FAR recap
EPS: additional CR content and CR exam questions
Other Recap Topics:
FAR: Revenue and Grants
FAR: Foreign Currency Transactions
FAR: Single Entity Accounts
FAR: Cash Flow Statement
AA: Risks and Procedures
BST: How to Analyse Financial Performance and Position
You can view one of the classes from the course below.
You can purchase each individual CR class 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 Course Offer - see below for details.
Full Course Offer
Please note that our study materials are sold separately - see below.
Study Materials and Open Book Notes
(2021 version available from March 2021)
CR Open Book Notes
Our prize-winning ACA tutor, Kieran Doe, has developed our unique CR Open Book Notes which are specifically designed for use in the exam. The notes include:
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 sample can be found at the bottom of this page.
CR Master Plan
To ensure that you use your study time as effectively as possible, we have broken the syllabus down into 'examinable topics' so that you can allocate your time to specific examinable topics. For each topic, we have listed all the past exam questions which examined the topic. There is also a reference to how frequently the topic is examined, the extent to which it is examined and the online CR class which demonstrates the exact exam technique to use for that type of question.
A sample can be found at the bottom of this page.
Payment and Delivery
The price for both the CR Open Book Notes and the CR Master Plan is £40. You can purchase below; 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 48 hours.
Please ensure that you check your junk mail in case your email settings divert our email to junk.
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 £95 p/hour.
Please contact us here if you wish to book.