Free ACCA F7 study materials and support
ACCA Paper F7 – Key to success
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.
Free ACCA F7 notes
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ACCA Exam Tips Paper F7 June 2013 examinations
Consolidated Statement of Financial Position with subsidiary and associate
“The usual” – prepare Statement of Financial Position, Statement of Income and possibly Statement of Changes in Equity
Within the question, mini problems including2 different depreciation rates, deferred tax calculation, impaired asset, loan interest ( or preference dividend ) accrual, adjustment to revenue and development expenditure
Cash flow ( 12 marks ) and interpretation ( 13 marks )
Small exercise on leasing or borrowing costs and explanation of part of Framework
One of earnings per share or a PPE problem with costs of improvements and or treatment of impairments
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.