*** ACCA F7 December 2017 Exam Results ***

55%.? So disappointed in myself.

72

60 and I am disappointed for all the time that I invested in my two weeks revision. I am very bad at time management. Ratios interpretation not done and I did not even get time to go through all the questions once again. Bright side is that I passed.

Because some people do not work only to get that borderline pass mark. That’s it.

50% on first attempt.. kinda disappointed.. expected to score higher

86%…happy with that!

i am done leading. I have led all my classes from primary through secondary to Uni. As long as i get a 50%, i move on.

45% ;(((((((( and it was my replay ;(((( soooo baaad

@sajidhameed999 said:
Hey Chris

could u pls give me some tips for f7 exam that I am writing on march

1. As with any ACCA exam, question practice is key. Practice questions continuously until you are long past the point of boredom. You should have a Kaplan/BPP or equivalent exam kit, this will have hundreds of questions. Your aim should be to do every single question in the book.

2. Understand how to construct the P&L, balance sheet and statement of cash flows, both for single entities and groups. Some people try to guess which one will come up next and miss one out – my advice would be to learn them all. You never know what will come up next. And even if it doesn’t get asked in a section C question, it will often still be covered in section A and B. Make sure you have memorised the steps for consolidation.

3. You must have a good grip of financial accounting basics. Double entry should come naturally to you. This will help on the section C questions as I found it useful to make sure I made the debit and credit entry to any adjustments at the same time so you don’t miss something out and end up with a non balancing balance sheet.

4. Understand the relevant IFRS standards. IAS 37, IAS 38, IFRS 9, IFRS 15 & IFRS 16 are important ones to learn but any from the study text can come up. However, don’t just memorise them. Try to understand what the standard is trying to achieve and why. If you understand what a standard is trying to do, it will be easier and quicker to answer a question in the exam as you can use logic to work out what the answer is rather than just rote memorisation. You can also check your answers better this way as you can ask yourself “does my answer make sense and does the result achieve what the standard sets out to achieve?”

5. Know your ratios, these come up time and time again in different exams so make sure you can calculate them quickly and then analyse what they are telling you.

Thanks Chris ..!!Good luck for your upcoming exams

Thank you open tuition!

First attempt and I got 47 🙁