Cryptic crossword clue
Female lecturer's yearly report 5

The most common and most likely answer to this crossword clue is the 5 letter word ANNAL

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Buddy explains!

The straight part
We know that "yearly report" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case yearly report = annal.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does ANNAL mean?

ANNAL noun
  1. The record of a single event or item.

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