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Paper F7 Changes for the December 2014 exams

VIVA

acca_f7

Syllabus changes:

There are the following changes to the syllabus:

Additions:

The principles of IAS41 (Agriculture).

Deletions:

No knowledge of disclosure of related parties is required.

F7_changesFormat changes:

The exam will remain 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.)

 

Download F7 Specimen Exam applicable from December 2014

Reader Interactions

Comments

  1. salman115 says

    May 13, 2016 at 1:08 pm

    hi I was a student of ACCA till1213 and i cleared 5 papers for all these years i always paid my ACCA subscription and now i want to go restart my study could you please let me know if those papers I cleared are still valid of i need to sit for exam again? this time i want to go for F5 and F7 also suggest me good study material

    thanks in advance

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  2. adimike says

    March 19, 2016 at 12:20 am

    Mike which material do u think is best for F7. I have 2011 Emile Woof and Kaplan 2000. Do u think I should get a current kit? Is Bpp better?

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    • MikeLittle says

      March 19, 2016 at 10:06 am

      I think Kaplan 2000 is no good to you – throw it away

      Unless you have typed the year incorrectly and it’s 2010. However, even then it’s probably too old

      Really the same applies to the Emile Woolf material – a lot has changed in 5 years

      I’m not going to be drawn into a situation where I’m asked to recommend one over another! BPP is good, but so too is Kaplan and I’ve little doubt that Emile Woolf and Becker are also excellent resources

      As for revision kits / exam kits, they are all much of a muchness! They all essentially contain past examination questions so there is little scope for differentiation

      Hope that helps

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      • adimike says

        March 20, 2016 at 12:42 am

        Thanks. Definitely I am doing away with them Kaplan 2010 and Emile Woolf 201. i appappreciate

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