ACR is an integral part of Photoshop Elements, it does not exist as a discreet program. To get to it you must open a RAW (PEF, DNG) file from Elements.
Open Elements.
>File >Open then select a RAW file from your folder. The file must be in a known RAW format. The file will then open in the RAW editor.
Alternatively from your folder select your RAW file, right click and select open with Photoshop Elements. The RAW editor will open.
You can also open a non RAW file eg a jpeg in the RAW editor by the "open as" command
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