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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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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Free ACCA F7 Lectures
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Introduction to ACCA Paper F7
ACCA F7 Revision lectures
Watch also F7 Revision Lectures based on the past ACCA F7 exam questions
F7 Revision Lectures
Practice key terms and concepts using F7 flashcards!
Available in 4 sets. Over 100 questions:
Check how well prepared you are for ACCA F7 Exam, and take our interactive, computer based Revision F7 Exam
To benefit the most from this Mock exam, please turn off all distractions and sit it under real exam conditions.
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”
ACCA Paper F7 Exam Analysis, Login/Register to download
ACCA Exam Tips Paper F7 June 2015 examinations
40 marks MCQ anywhere from the syllabus
In addition to the 20 mcqs, there are 2 questions worth 15 marks each and will likely be based on one or more IAS / IFRS and or recent articles from Student Accountant
Possible topics and related articles include:
IAS 18 Revenue and the article “Revenue Recognition”
IAS 17 Leasing and two articles “Accounting for Leases” and “Leases – Operating or Finance”
IAS 41 Agriculture (question in the course notes)
And the last question for 30 marks – cash flow with maybe a bit of comment on financial situation (last two exams have had financial performance evaluation / commentary)
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.