ACCA F7 Financial Reporting


Free ACCA F7 study materials and support

ACCA Paper F7 – Key to success

Paper F7 Changes for the December 2014 exams

Nature of the ACCA F7 paper

ACCA F7 Paper – Financial Reporting – is a step up from the double entry
bookkeeping learned at F3 and is a link leading to P2 advanced Corporate
Reporting. It extends the appreciation of the preparation of consolidated
financial statements and examines a student’s ability to prepare and / or
interpret a business’ performance from a set of financial statements.
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ACCA course notes

Free ACCA F7 notes

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Note: These course notes are not meant to replace study texts. To succeed in your exam, you need to get updated Revision kit from an ACCA approved publisher.

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ACCA video lectures

Free ACCA F7 Lectures

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Introduction to ACCA Paper F7


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ACCA F7 Revision lectures

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F7 Revision Lectures

ACCA Flashcards

ACCA F7 Flashcards

Practice key terms and concepts using F7 flashcards!

Available in 4 sets. Over 100 questions:

F7 Financial Reporting Flashcards: Set 1 | Set 2 | Set 3  | Set 4



ACCA F7 Revision Mock Exam

Check how well prepared you are for ACCA F7 Exam, and take our interactive, computer based Revision F7 Exam

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ACCA articles

ACCA Paper F7 Articles:

Impairment review of goodwill

Specially for OpenTuition students, Tom Clendon shares a chapter of his book: “A Student’s Guide to Group Accounts”

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ACCA Paper F7 Exam Analysis, Login/Register to download

ACCA Exam Tips Paper F7 December 2014 examinations

Section A
40 marks MCQ anywhere from the syllabus
Section B
15 marks – one on IAS 41 Agriculture (new in syllabus),

15 marks – on Revenue recognition (SA technical article)

1 x 30 marks – either consolidation (25 marks) with 5 mark chat


preparation of financial statements (Financial Position, Profit or Loss and Changes in Equity)

Please Note

Tips should not be relied on – they are only intelligent guesses.
Their only purpose is to give you suggestions for topics to concentrate on in your last few days of preparation. Do not exclude other topics from your overall preparation.