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From software start-ups to high-flying airlines and high street banks, 98% of the best global brands rely on ICAEW Chartered Accountants. A career as an ICAEW Chartered Accountant means the opportunity to work in any organisation, in any sector, whatever your ambitions.

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The Case Study exam will assess your understanding of providing advice on complex business issues in the form of a written report. The scenario may be based on a variety of different organisational structures or operations, and you will be provided with advance information ahead of the exam. The exam is four hours long and will consist of three requirements and an executive summary. The exam is available to sit in July and November and is open book and will permit you to take any written or printed material into the exam.

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Exam guidance

We are here to support you throughout your ACA journey to ensure you have everything you need for your upcoming exam, from exam resources to free and confidential wellbeing support from CABA. Ensure you are fully prepared by reading our exam guidance  prior to your exam.

Advance information

The advance information for the Case Study exam will be available eight weeks prior to the exam. You will be able to access the advance information on this page. To confirm the dates when the advance information will be available, please visit ACA dates and deadlines . 

The advance information for past Case Study exams can be found below. The advance information can now also be added to your digital bookshelf. You can add the Case Study advance information to your bookshelf by visiting the ebookshop using the link below  and selecting the relevant edition. The digital version will not be added automatically, you must visit the link below for it to be available. The advance information is still available as a traditional PDF, which can be printed and taken to your exam.

  • Get the Advance Information on your ICAEW Bookshelf

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Exam preparation

Learning materials.

These are designed to be used alongside the printed study manual and walkthroughs for Bux and True Taste.

Practice software

It's important that you get to know the exam software and its various functions before you take an exam. To help, we have created an online only practice exam software. 

Preparing for your Case Study

Presentation of appendix for requirement 1.

View this note which clarifies the presentation of appendices for Requirement 1 in the Case Study.

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Case Study Marks Feedback

As the Case Study is marked slightly different to the other exams, the marks are calculated in a different manner. To fully utilise and understand the Case Study marks feedback you will need to refer to the Case Study feedback guide along with a copy of the relevant exam script.

  • Case Study feedback guide

Exam study support

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Introduction to the Case Study exam

Overview of the executive summary, how to approach the advance information for the case study exam, how to use the advance information during the case study exam, requirement one, two and three in the case study exam, how to prepare to retake the case study exam.

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I won the AB Snow Regional Prize for Corporate Reporting at the August 2020 sitting with a score of 86%! Feel I should write in as I used all your Exam Room Notes books for 2020. I found them easy to follow as I used them every day since I bought them. They're logically written.

Your tutor went beyond the extra mile for the Case Study tuition course. From the outset, it was clear that he had invested an incredible amount of time into preparing the tuition course and this showed because his understanding of the examination and its markscheme was unrivalled.

I used your Cracking Case book for the most recent Case Study exam and followed your format, instead of that of a "leading tuition provider" as you call them. I obtained the highest mark at my firm (82%). Thank you, I have already recommended you to all my colleagues.

I can only imagine how exhausted you must be after this process and the hours that would have gone into the material, which is many country miles, even worlds apart, from that of any other tuition provider I have ever seen. Thank you also for your words of encouragement.

Really focused and detailed video content on quite tricky areas (looking forward to using the whole course!).

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  • May 1, 2020

How to Pass the ICAEW ACA Case Study Exam

Updated: Feb 22, 2023

This article offers advice on how to pass the ACA Case Study exam. Written by a multiple prize-winning ACA tutor who scored 92% in the Case Study exam and won the ICAEW prize for the highest score in the world, this is essential reading for any student preparing for their Case Study exam.

How to Ace the ACA Case Study Exam

The Case Study is unlike most other ACA exams as there is very little technical content to learn. Therefore, students who are used to memorising technical concepts and then ‘smashing out the question bank’ will be perplexed when they are presented with 40+ pages of advance information and a Case Study exam paper seemingly testing nothing they have learnt in their other 14 exams.

However, the Case Study is actually very similar to the other ACA exams in that the three exam requirements are always the same, as are the mark schemes. By appreciating the consistency in the exam requirements and the mark schemes, you can develop your exam technique to ensure that you tick all the 'boxes' on the mark scheme and complete your ACA qualification in style.

In light of this, we believe that there are 5 steps to Case Study success:

1. Understand how Case Study is marked

2. Understand what each of the three requirements involve

3. Understand what information is provided in the Advance Information (AI) and what is provided in the exam

4. Learn the Case Study exam technique which ensures that you hit all the boxes on the mark scheme

5. Practice mock exams to master your exam technique

Step 1: Understand how Case Study is marked

The Case Study marking process is objective: there is a set marking key for each requirement and if a student’s report includes a point which is on the mark scheme, they will get the mark. This is not like an academic essay where the examiner forms an overall opinion of the piece of work and then decides whether it is good enough to pass; the Case Study marking grid is rigid. Whilst it can be frustrating that making a valid point which is not on the mark scheme does not score a mark, it does mean that the marking process is very transparent and easy to navigate. Below is an example from a Case Study mark scheme to illustrate what I mean by points and boxes.

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Step 2: Understand what each of the three requirements involve

As explained above, the three requirements are broadly the same in each Case Study exam.

R1: Analyse the financial performance of the company

R2: Evaluate a financial proposal

R3: Evaluate an opportunity or issue

The mark scheme for each requirement is also the same. This makes the exam fairly predictable.

By having a look at recent past papers, you will soon start see the consistency in the requirements and build an understanding of what each requirement involves.

Step 3: Understand what information is provided in the AI and what is provided in the exam

In addition to the exam requirements and mark schemes being in the same format every time, the AI is also in the same format every time (albeit a different business with different issues).

By working through past Case Study exams, you will soon start to see that the AI always has the same exhibits with very similar types of information e.g. industry background, prior year accounts, key customers / suppliers, strategic goals and risks. Similarly, all the exams include the same exhibits with very similar types of information.

Having completed the exam, it is important to mark it and reflect on what information came from the AI and what came from the exam exhibits. You will soon start to see that the majority of mark scoring points come from the exam exhibits rather than the AI. You will also learn which types of information in the AI tend to be rewarded in the mark scheme and where in the mark scheme they are rewarded, i.e. which box.

Step 4: Learn the Case Study exam technique which ensures that you hit all the boxes on the mark scheme

Having understood what the exam requirements are and how they are marked, you need to develop an exam technique which ensures that your report includes the points which are included on the mark scheme. Fortunately for you, we have developed an exam technique which does this and it has resulted in two students winning the prize for the highest mark in the world (90% and 92%), another winning a prize for the highest mark in their region (88%) and another achieving the highest mark in their firm (81%)!

Given the practical nature of exam technique, it is not possible to explain this in text so you can watch a free class here which teaches you exactly how to ace Requirement 1 and get a prize-winning mark.

Step 5: Practice mock exams to master your exam technique

By this stage in your ACA journey, you will already know that question practice is key to success. Having learnt the prize-winning technique, you then need to practice mock exams on your case study business under exam conditions so that you master the technique and sign off your ACA in style!

Need Help Passing the ACA Case Study Exam?

Details of our live tuition, video tuition, mock exams and proforma reports can be found here .

About the Author

Kieran Doe is a Senior ACA Tutor at ACA Masters. Kieran won ICAEW prizes for his performance in Financial Accounting and Reporting, Tax, Financial Management, Audit, Business Strategy and Case Study. This is in addition to winning several prizes at university for various Accounting, Management, Business and Economics subjects.

Kieran’s tuition is based around the learning techniques and exam strategies which enabled him to win prizes for all the subjects he teaches. Under his guidance, several of his ACA students have also won ICAEW prizes.

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    Learn How to Ace the ICAEW ACA Advanced Level Exams. Having won multiple ICAEW prizes - including the ICAEW prize for the highest score in the world for the final Case Study exam (92%) - our Senior ACA Tutor Kieran Doe knows exactly how to ace the ACA exams.

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    1. Understand how Case Study is marked. 2. Understand what each of the three requirements involve. 3. Understand what information is provided in the Advanced Information (AI) and what is...

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  9. How to Pass the ICAEW ACA Case Study Exam - ACA Masters

    This article offers advice on how to pass the ACA Case Study exam. Written by a multiple prize-winning ACA tutor who scored 92% in the Case Study exam and won the ICAEW prize for the highest score in the world, this is essential reading for any student preparing for their Case Study exam.

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    ACCA overview. Foundations. Applied Knowledge. Applied Skills. Strategic Professional. Oxford Brookes BSc (Hons) in Applied Accounting.