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@latoyah84 said:
F7 is a big paper yes. but if you are doing it with F8 and is fairly comfortable with the IFRS/IAS then you are one step closer to passing.
for the next month try to do a consol per day. most of the other questions are based on your understanding of the standards.you didnt state how much time you have for studying. but the key to passing any of these exams is practicing so if you can do at least one question per day for each paper that would be a good start. even if you are not sure of the answer do what you thing is correct and then compare it with the answer in the kit.
There are certain basics that you need to know e.g. with F9 you know that you have to do a NPV, a WACC, there will be something about working capital.
F7 a consol or cash-flow statement plus the standards. F8 the big question will be about risk and doing either a test of control or substantive test.there are many ways to prepare as you can alternately use the question papers for the last 4 yrs and do one paper a day, it all depend on how you learn.
Good luck!!
Thank you so much for your guidance. I am a full time student. I have a plenty of time. So I hope I can make it.
