The Assurance, Risk and Reporting exam is divided into two parts: Part A covers the fundamentals of managing assurance engagements, while Part B teaches students how to prepare financial statements and explain the relevant financial and non-financial reporting treatment.
Availability notice: Assurance, Risk and Reporting
Assurance, Risk and Reporting will be available to sit from March 2026.
Exam overview
Duration: 3 hours
Format: Five written questions split into two parts:
- A: Assurance and Risk (40-50% of overall marks)
- B: Financial Reporting (50-60% of overall marks)
Resources
Syllabus
Errata sheet
Pilot exams
This pilot exam has been developed to provide an early example of what the exam will look like, how the syllabus content may be assessed and how questions will be formatted in the real exams.
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Buy your learning materials
All learning materials are digital and are available on your ICAEW Bookshelf.
Transitional arrangements
We are currently refreshing our qualifications. Please make sure you refer to the transitional arrangements so that you can plan your studies effectively.
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