Record to report (R2R) is a key finance and accounting process. It can involve:

  • general accounting
  • statutory closing and reporting
  • management reporting
  • consolidation

R2R is often found in shared service and outsourced finance functions.

Senior roles include:

  • leading R2R teams
  • developing R2R processes
  • demonstrating R2R expertise.

Entry and progression

Fulfilling a key role within the accounting function of large organisations, R2R managers work in:

  • corporates
  • public sector
  • financial services
  • shared service organisations. 

These sectors provide many entry points into those who wish to become a R2R manager.

ACCA develops the skills and knowledge required by the complete finance professional, including R2R manager.

Exam options

For those who work as a R2R accountants the most relevant exam options are:

Performance objectives

Remember it’s not just about exams. You need to have the right experience so that you are competent – you have the experience and knowledge – to continue your R2R accountant career.

High level competencies required by R2R accountants include:


High level competencies required by R2R accountants include:

  • Leadership and Management

    A. Applies appropriate leadership strategies to effectively deliver business objectives.

    B. Leads, motivates and manages people to optimise performance and effectiveness.

    C. Collaborates, supports and works to achieve the objectives of the organisation, harnessing appropriate digital technologies.

    D. Acts proactively and thinks strategically, in anticipating organisational needs, recognising the wider business environment and dynamics.

  • Strategy, Technology and Innovation

    A. Applies business acumen and commercial awareness to deliver business objectives.

    B. Recommends a range of suitable strategic options from which to develop plans and objectives.

    C. Evaluates, justifies and implements suitable strategic options.

    D. Adopts and applies innovative methods and technologies to implement strategy and manages change.

  • Ethics and Professionalism

    A. Develops advanced ethical values and professional skills in the promotion of public interest and the profession.

    B. Demonstrates personal effectiveness in fast changing environments.

    C. Encourages innovative thinking within the context of professional scepticism.

    D. Thinks proactively about the future, applying professional judgement and commercial intelligence and seeks specialist input when needed.

    E. Communicates effectively and influences others.