This research aims to obtain a learning model that can improve higher order thinking skills in financial reporting of accounting. The model was developed using four stages of research and development (R&D): 1) preliminary research; 2) development; 3) testing for limited scale; 4) testing for wide-scale. The population of this research is the Accounting Vocational School in Madiun. For limited scale test, it was concluded that there were significant differences in HOTS and learning achievement scores before and after implementation of the model (sig. < 0.05), but Ngain for HOTS and learning achievement 0.110 (low) and 0.08 (stable). For test wide-scale class, it was concluded that there were significant differences in HOTS and learning achievement in experiment class (sig. < 0.05), with Ngain for HOTS and learning achievement 0.183 (low) and 0.30 (medium) for SMKN 2 Jiwan and 0.11 (low) and 0.105 (low) for SMK 5 Madiun.