icaew case study july 2022

Advanced Level Case Study advance information

The Advanced Level Case Study exam includes advance information released prior to the exam sitting. This allows you time to become familiar with the information and to undertake any other appropriate research and analysis.

Select the relevant product below, depending on the exam sitting, and proceed to check out to get the product in your ICAEW Bookshelf. You will be able to access this within your exam and see any notes and highlights you’ve made, as well as using the search function.

This document is also available as a standard PDF that you can print and use in your exam sitting.

To access the pdf and for more information on the Case Study exam, please visit https://www.icaew.com/for-current-aca-students/exam-resources/advanced-level/case-study .

Available editions:

FAR - Full Series

Learn how to ace the aca certificate level exams, financial accounting and reporting (far) , classroom tuition, online tuition.

Having scored 92% in the Case Study exam, and winning the ICAEW prize for the highest score in the world, Kieran now teaches students the analytical skills and exam technique required to emulate this success. In fact, under his guidance, one of our students also went on to win the ICAEW prize for the highest score in the world (score of 90%), whilst another won a regional prize (score of 88%). Notably, one of our prize winners was a resit student, proving that our guidance and tutoring skills create a vast level of improvement in student exam performance.

Having failed Case Study TWICE, I had seen this course pop up on YouTube whilst I tried to figure out where I was going wrong. Took the plunge to change resource providers and honestly, there are NO words to express how grateful I am! Kieran and the team guide you with a CLEAR and CONCISE approach which really helped me focus on what I needed to improve on and what I was previously doing wrong.

From past failures of 48 & 36 previously, to now a gratifying pass of 74, I am honestly on TOP of the world!!! Don't hesitate - book before its too late, honestly you won't regret it!!!

(Case Study resit student who passed first time with us)

Tuition Options

To get you through your Case Study exam, we offer:

Live Tuition

Video tuition, ai analysis and proforma report, mock exams and model answers.

CASE STUDY LIVE COURSE

(November 2023)

The course begins by teaching you the methodology for tackling the exam, as well as passing on prize-winning tricks and tips. Kieran will provide a detailed walk-through of how you should tackle the Case Study exam, from initial Advance Information (AI) analysis through to typing you report on exam day. 

The focus of the second class is to provide an exhibit by exhibit walk-through of the November  2023  AI, clearly demonstrating how each piece of information should be used in the exam. This enables you to understand the AI in an exam focused way.

You are then given the opportunity to put these skills to the test with a series of mock exams based on the November 2023 AI. You will be required to complete the exam in your own time using the ICAEW CBE software and submit this before class. Your tutor will perform a detailed review of your attempt  so that class time can be spent coaching you on the specific areas where your report requires improvement. In addition, Kieran will explain exactly how the exam should have been tackled and demonstrate this with his prize-winning model answer. 

PASS GUAR ANTEE

In the unlikely event that you fail your exam (we had a 100% pass rate for the July 2022 exam and 98% for November 2022), we will automatically enrol you on subsequent courses until you pass your exam. There will be no extra cost to you. This reflects our commitment to getting you qualified, as well as the confidence we have in our track record. In order for the pass guarantee to apply, you must attend all classes and complete all required work. 

TUITION FEES AND BOOK ING

The tuition fee is £1,100   plus VAT  which  includes:

Proforma reports to use in the exam with reminders of the points to include for each section

A comprehensive analysis of the AI which identifies all the key facts and figures, showing where they are likely to appear in the exam

A list of probable exam scenarios and a reminder of the key points to include

Mock exams, marking grids and model answers which demonstrate exactly how you should write your points in the exam

Access to our Case Study video classes which are used as a preparatory and revision tool (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) 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. ​  

CASE STUDY VIDEO COURSE

(November  2023)

As our live course is always over-subscribed, Kieran has recorded a video course. The video course teaches the same content and exam techniques as the live course.  ​ ​The course structure and a free  sample class can be found below. 

Classes 1-3: How to Ace the ACA Case Study (available NOW )

The introductory classes will teach you the prize-winning Case Study exam approach which has been proven to deliver unrivalled success and will cover:

The technique which will enable you to score 90%+ on each requirement

A step by step walk-through of how you should tackle each requirement in the Case Study exam. Each class uses a recent Case Study exam to provide a practical demonstration of how to read and interpret the requirement; how to use the AI; how to use the exam paper information; how to structure the report; and what points to include in each section 

How to ensure that every point you type is a mark scoring one

How to utilise the AI and exam paper information to maximum effect

The optimal proforma report and paragraph structure for time efficiency and mark maximisation 

Time minimisation techniques

Each class focusses on one of three Case Study requirements. Each class covers the respective section in the Executive Summary.

Class 4: November 2023 Advance Information Masterclass (available from 9  October )

Expert advice on how to use the AI in your exam preparation, which includes:

A comprehensive analysis of the AI and identification of key facts, figures and trends 

Consideration of how each piece of information is likely to feature in the exam

Probable exam scenarios for each requirement and recommended approach to take

Class 5: November 2023 Mock Exam 1 - Debrief* (available from 9  October )

A full debrief of our first mock exam where Kieran will teach you exactly how you should have read and interpreted the exam as well as how you should have typed your answer, with reference to his prize-winning model answer.

The class focusses on each requirement in turn and provides detailed advice as to how you should work through the requirement. This enables you to fully understand how to apply the prize-winning technique to your particular Case Study business and the type of points you should include in your report. 

Class 6: November 2023 Mock Exam 2 - Debrief* (available from 16  October )

Similar to the above, Kieran will show you exactly how you should have read and interpreted the second mock exam as well as how you should have typed your report, with reference to his prize-winning model answer. 

Class 7: November 2023 Mock Exam 3 - Debrief* (available from 3  November )

Similar to the above, Kieran will show you exactly how you should have read and interpreted the third mock exam as well as how you should have typed your report, with reference to his prize-winning model answer. 

*It is strongly advised that you complete each mock exam under exam conditions prior to watching classes 5, 6 and 7, as this will enable you to get most benefit from the class. You could even re-attempt the exam after you have watched the class so that you can incorporate any necessary improvements into your exam technique. Please note that you will need to purchase the mock exams separately (see below).

PAYMENT AND ACCES S

You can watch the course introduction and the first class for free below.

Y ou can subscribe to all the classes listed above  for £350 and enjoy a viewing period of 12 months.

Please click  here  to purchase. Once payment has been made, you can view the full course  here .  

Please note that our November   2023  PDF materials are sold separately from the Video Course (see below).

In the unlikely event that you fail your exam, we will extend your access until you pass your exam. This includes access to any additional content we upload in relation to subsequent Case Study businesses.  There will be no extra cost to you. This reflects our commitment to getting you qualified, as well as the confidence we have in Kieran's track record. 

PROFORMA REPORT AND AI ANALYSIS

(November 2023 - available from 5 October)

Our prize-winning Case Study tutor Kieran Doe has developed our Proforma Report and AI Analysis.

This includes:

A proforma report to use in the exam with reminders of the points to include in each section

A  list of probable exam scenarios and a reminder of the key points to include  

A sample   is included below. 

PAYMENT AND DELIVER Y

The price of our Case Study Proforma Report and AI Analysis is £70. You can purchase using a credit or debit card below.

You will receive an email containing a link to download the PDF document within 5 minutes of placing your order.   Please ensure that you check your junk mail in case your email settings divert our emails to junk.

MOCK EXAMS, MARKING KEYS AND MODEL ANSWERS

(November  2023 - available from 5 October)

Our prize-winning Case Study tutor Kieran Doe has created our mock exams, marking keys and model answers.

MOCK EXAM 1

Mock exam 1 and m arking key

Prize-winning model answer which demonstrates exactly how you should structure your report and the points to include

PAYMENT AND DELIVE R Y

The price of our Mock Exam 1 pack is £50. You can purchase using a credit or debit card below from 5 October.

You will receive an email containing a link to download the PDF document within 5 minutes of placing your order. Please ensure that you check your junk mail in case your email settings divert our emails to junk.

MOCK EXAM 2

Mock exam 2 and m arking key

The price of our Mock Exam 2 pack is £50. You can purchase using a credit or debit card below from 12 October.

MOCK EXAM 3

Mock exam 3 and m arking key

The price of our Mock Exam 3 pack is £50. You can purchase using a credit or debit card below from 3  November.

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• About ICAEW
• 2023 news releases

ACA Advanced Level exam results published

Author: ICAEW

Published: 25 Aug 2023

SHARE THIS ARTICLE

In total, 5,516 students sat exams in July, and achieved the following pass rates:

• Case Study: 82.7%
• Corporate Reporting: 83.7%
• Strategic Business Management: 88.5%

The Level 7 Accountancy Professional apprentices, who sat the Case Study exam, obtained an 86.4% pass rate.

Will Holt, ICAEW Managing Director for Education and Training, said:

“Congratulations to all ICAEW students who passed exams in this session, and an additional well done to those who earned a subject order of merit.

“We wish all our students every success in their journey to becoming ICAEW Chartered Accountants.”

ADVANCED LEVEL, JULY 2023

International subject orders of merit.

First place and the Whinney prize

• Madeleine Finn, London (KPMG LLP)

Corporate Reporting

First place and the Quilter prize

• Henry Wilson, Tonbridge (PwC LLP)

Strategic Business Management

First place and the Walton prize

• Charlotte Hart, Dorking (Mazars LLP)

Notes to editors:

Contact: ICAEW media office [email protected] or 07812 493 812

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Pass In Training

Full tuition course - live interactive course.

The full price of the course is £590, meaning our early student discount of £495 is exceptional value. You can continue to spread this over three months with 3 equal payments of £165. Remember to join our Facebook Chat Group where there are exclusive discount offers for all our courses, including this one! Prices are inclusive of any relevant taxes.

Why Choose Pass In Training

Pass rates of 98.5% and 99% during the last two sittings. We are the only Specialist Case Study experts with marking experience on live Case Study exams. Pass In Training is an approved ICAEW Partner In Learning.

We believe all students can pass the Case Study exam. However, you need to understand the exam, the company presented in the Advance Information and have the correct techniques. We build your individual approach for the examination to ensure your capitalise on areas you are good at and that you have the correct strategy to help you in areas you are less confident with. We are that confident you will pass with us, we offer our Pass Guarantee which means you get this course for free for as many sittings as you need to pass the examination. Contact Us If You Want More Information

Pass In Training - ICAEW Chat Group

Designated Case Study Facebook Chat Group where you have immediate access to tutors and other students.

We are the only tuition provider to have a Facebook Chat Group exclusively designated to the Case Study Exam. You will receive exclusive information and content to assist you with your exam. The group has access to special discount offers on all our courses, so join us now and become part of a fast growing network of Case Study students. You can access our group via the link below of by searching for Pass In Training - ICAEW Chat Group within your Facebook App. Join Our Facebook Chat Group Here

What Is Included

One of our key differences is that you receive tutor support consistently from the start of your course until you sit your exam. As specialists, we are not distracted by other subjects meaning we can concentrate wholly on ensuring you pass the ICAEW Case Study exam.

Seven sessions providing you with significant face to face tuition

Text length of individual points can be shorter or longer depending on your needs

Access to our four highly realistic mock examination. With over 11 years experience writing mock examination for other specialist Case Study tuition providers and large national professional training providers, our mocks are very similar to the real exam

Exams marked by ICAEW trained Case Study markers with detailed feedback

Small group sessions (maximum of 3 students) to finalise your technique between mocks 3 and 4, with times available for 1:1 sessions

Advance Information & Exam Room Pack in a format you can add to and can print ahead of the exam

Covered by our Pass Guarantee scheme meaning in the unlikely event you fail, your resit is always free

Access to Steps To Pass In Case, the most comprehensive online book on passing the Case Study exam

Bench marked equivalent courses range from £995.00 to £1,150 excluding VAT. Our aim is to bring the cost of studying down without compromising on quality.

How We Teach & Course Content

As one of our students, we will ensure you reach the key learning criteria of each session

Pass Rate November 2021 - 98.5%

How we teach.

"Every student can pass the Case Study Examination" is the philosophy which underpins our approach. However, every student is individual and your exam day strategy, tactics and approach must be tailored to you.

The quality of your tutor and the material you can access can be the difference between passing and failing. A good tutor will help develop your own approach, but will also is critical to your success.

We specialise in the Case Study exam and with over 18 years of experience working for ICAEW, writing mock exams and tutoring students, our methods are proven to work with our consistently high pass rates:

July 2020:  94% pass rate

November 2020: 96% pass rate

July 2021: 99% pass rate

November 2021: 98.5% pass rate

Our pass rates include our overseas students who tend to have a lower pass rate in the real exam. Our UK based students have a 100% pass rate across all four sittings.

Our approach is different, we give you the skills and confidence to pass the Case Study exam. We make you understand the business, how it generates profits and cash and we give you the correct style and format to score well in the exam. We also ensure your strategy and approach works.

We have marked the Case Study exam for the ICAEW, been involved in setting the marking keys, writing mock examinations and tutoring students since 2004.

Our method of teaching is to provide students with the correct knowledge and interpretation of the Case Study. With nearly 18 years of experience in marking the live ICAEW Case Study exams, writing mock examinations and tutoring students both in the UK and Overseas, we have a huge amount of experience to interpret the Case Study. We identify the key themes underpinning the Case Study and the likely strategic direction.

You must have the correct technique to give yourself the greatest opportunity to pass. Our course provides you with the tools for you to develop your technique and adapt based on the feedback you will receive.

To learn you must understand where you have performed well and areas you can improve on. We provide you a huge amount of feedback and identify how you ca overcome you weaker areas. Whether this is time management, writing technique, missing Applied Judgement marks, weak recommendations or being unable to generate ideas for Requirement 3. We will identify these issues and assist with your development.

What You Receive

You will receive 7 tuition dates in order to build your knowledge over the course. The course design is structure to allow you to develop the required skill to pass the Case Study Exam and this cannot be achieved quickly or at the last minute.

In addition you will have access to:

• Our Steps To Pass In Case Case Study Book / e-course
• Advance Information pack
• All four mock examinations
• Three mock examinations marked by us with significant feedback
• Access to our forums to discuss with us and students
• Support from a highly experienced Case Study specialist with high industry high pass rates throughout the duration of the course

Key Dates & Sessions

Session 1: Understanding the Case Study Exam - 27th May  2023

• Understanding the assessment criteria
• Developing your knowledge of the marking key
• Typical points gaining credit on the marking key
• Creating a strategy to gain sufficient marks on each element
• Introduction to each requirement

Session 2: Advance Information Session -  10th June 2023

• Full review of the Advance Information
• Understanding the current financial position and trends
• Developing a picture of the expected financial position
• Key financial themes underpinning the business
• Understanding how the business generates profits and cash
• Developing ideas for potential Applied Judgement points for R1
• Issues facing the business and possible R2 scenarios
• Strategic direction and opportunities and developing R3 scenarios

Session 3: Mock Exam 1 - 11th June 2023  

• Full class based walkthrough of Mock 1
• Understanding and correctly interpreting the requirements
• Development of your exam day process - where to spend your time
• Developing correct concepts and ideas for R1
• Developing Appendix 1 suitable for use in all scenarios
• Development of an R1 plan
• Understanding how to construct your R2 appendix
• Understanding how to challenge assumptions
• Development of an R2 plan
• Understanding how to construct your R3 appendix
• Methods you can use to develop R3 Financial, Operational & Strategic points
• Development of the correct technique to answer Ethical & Business Trust points

Mock 1 is self marked and peer marked as it is important for you to understand how the exam is marked as part of really understanding the Case Study Exam. Your marks and your peer's mark is then reviewed by us so that we can arbitrate. This is the same process as the real examination. Mocks 2,3,4 are marked by Pass In Training, with significant feedback

Session 4: Mock 1 Debrief & Mock Exam 2 - 17th June 2023  

• Debrief of Mock 1 write up
• Learnings / technique review ahead of Mock 2
• Development of your time plan / refining ahead of Mock 2
• Requirement 1 - Student planning
• Requirement 1 - Student feedback and development of all potential points to discuss
• Requirement 1 - Determining which points to discuss
• Developing a final Applied Judgement list for R1 to use in future mocks / real exam
• Requirement 2 - Student appendix and planning
• Requirement 2 - Student feedback and development of all potential points to discuss
• Requirement 2 - Determining how to choose which points to discuss and why
• Requirement 3 - Student appendix and planning
• Requirement 3 - Student feedback and development of all potential points to discuss
• Requirement 3 - Determining how to choose which points to discuss and why
• How to write good conclusions, recommendations and executive summary
• How to organise the information you take into the examination

Student mocks will be written up at home and then submitted for full marking review. This is a detailed marking process with on average it taking markers over 2 hours to mark your script with significant comment on your performance.

Session 5: Mock 2 Debrief & Mock 3 - 24th June 2023 

• Debrief of Mock 2
• Learnings / technique changes ahead of Mock 3
• Mock 3 performed solo and to time during the course

The main output from Session 5 will be detailed small group feedbacks during the following week  on the no more than 3 students per group where the Course Director will go through your scripts and finalise your technique and queries ahead of the final mock. The aim of this process is to provide you with your own personalised approach, fitting with the way you think and ensuring any weak areas are mitigated via your overall examination strategy. Our aim is for these sessions to be 1:1 but this depends fully on students availability to be able to take time slots during working hours.

Session 6: Mock 4 - Students to sit their final mock by - 8th July 2023

Depending on the complexity of the Case Study, the 16th July can be used as a further tutoring session with students completing their mock exam 4 the following day.

Session 7: Mock 4 feedback and final preparation for the real exam - 15th   July 2023

• Full debrief on Mock 4
• Recap on the key themes for the business
• Recap on the main areas of the marking key to concentrate
• Session on R1 queries / concerns from students
• Contingency plans for R1
• Recap of the likely R2 scenarios and any other potential areas the examiner could discuss
• Recap on challenging assumptions
• Session on R2 queries / concerns from students
• Contingency plans for R2
• Recap of the likely R3 scenarios and any other potential areas the examiner could discuss
• Recap on how to develop good Financial, Operational and Strategic discussion points
• Session on R3 queries / concerns from students
• Contingency plans for R3
• Recap on ethical and business trust issues
• What information to take into the exam
• Final thoughts

Your Full Tuition Course

Included within your course are all the following courses which will be available for you to access

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• PQ Awards 2022
• PQ Awards 2021
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Update on July ICAEW Advanced Level Case Study exam

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