ACCA F7 – Nature of the 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.
Structure of the ACCA F7 paper
The exam is a three-hour paper, with all questions being compulsory, and with 15 minutes reading time.
There will be two sections to the exam:
Section A will comprise 20 multiple choice questions of 2 marks each.
Section B will comprise one 30 mark questions and two 15 mark questions.
(The 30 mark question will examine the preparation of financial statements for either a single entity or a group. The section A question and the other questions in Section B can cover any areas of the syllabus.)
How to pass ACCA F7 Exam
Follow the worked examples of all the questions 1, 2 and 3 on this website since the “new” syllabus arrived in 2007. Revision lectures based on past ACCA F7 exam questions are available on line.
Join in the forum on this site and, if you still have a problem which you are unable to resolve, post your question on the “Ask the Tutor ACCA F7 Exams” page
F7 Forum Support – post your questions to get help from other students
Ask the Tutor ACCA F7 Exams
Paper F7 INT/UK/IRL Syllabus
Examinable documents INT & UK
F7 Past exam papers INT
F7 Past exam papers UK
F7 Examiner’s approach interview
F7 Examiner’s approach article
F7 Examiner’s analysis interview
F7 Technical articles
F7 Pass rates