ACCA F7 Notes Chapter 1 Financial Reporting – basic concepts
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Hi friend ACCA or FIA Wich one is better?
That depends on what you want to do but, as a generalisation, I would have thought that ACCA would be the better qualification – I understand that it opens more doors
Is that okay if i study notes available online till June 2017 and then study further updated study material and exam kit for F7 but i actually want to appear in September 2017 for f7.
Please suggest.
Regards,
Things don’t change dramatically very quickly so the June 2017 course notes are unlikely to change much (if at all) for September
OK?
What is the proper way to prepare for the Multiple Choice Questions. Because basically, the exam requires to fully perform better on the MCQ to pass.
Tips to succeed on the MCQ?
There’s no secret – the answer is practice.
Get hold of a revision kit from a reputable publisher and, starting at the beginning, work your way through every question
DON’T write your answer attempt in the revision kit itself – write your answers on a separate sheet of paper. That way you can attempt the questions multiple times
And post on the Ask ACCA Tutor forum when you come to a question where you don’t understand the answer – but you’ll need to type out the full question for me because I don’t have a revision kit / exam kit
OK?
Is it enough to study from OP or shoukd I back to study text too ??
No, and No
It’s not enough simply to use Opentuition for your preparation and, personally, I wouldn’t be looking at a study text either
However, it is a MUST that you acquire an up-to-date revision kit / exam kit from one of the approved publishers.
Then, watch and listen to the lectures, read the course notes, work through the examples, work through the mini-exercises, and then get stuck into the mcqs and past exam questions that you’ll find in the revision kit
And, when you’ve done all that, do it again
If you come across any problems, post on Ask ACCA Tutor F7 page and I shall get back to you
Hi Mike.Can you please give me example on off-settings and materiality.
Put your questions on the Ask the Tutor forum – I rarely look at “Latest comments”
Interest paid $490, Interest received $215, should both be shown separately and not as Interest paid $275
Revenue $8,974,739,026, Profit after tax $1,093,268,515, Total assets $17,807,589,310, Motor vehicle expense of $317 wrongly allocated to Telephone expenses. Do you ask that the financial statements should be corrected for this misallocation? And if they’re not corrected, are you going to issue a qualified audit opinion “Except for the misallocation of $317 into telephone expenses when it should have been included in motor vehicle expenses, the financial statements do show a true and fair view …..”
Cant download the notes
cant see the notes
Try the support page
i can,t see lecture notes \