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Hi,
I am planning to give F7 in June 2013. I am really confused in two things.
Firstly which book to follow along Open Tuition lectures and notes, BPP or Kaplan. I have followed BPP till now for my previous exams. A little bothered which one is the best for F7 as some of my friends suggested me to follow Kaplan.
Secondly from where to start first from Consolidated statements or Standards as its being told that we should be knowing Standards first before heading towards Consolidated Statements but Standards are starting from Chapter 12 in O.T. lectures, so is good to skip to chapter 12 leaving behind 11 chapters.
Please suggest me the right direction.
I will be really thankful to you.
Regards
Nidhi
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you can follow kaplen its so brief and give you the main idea . and you can start like the exam style begin with consolidation and end by cash flow or ratios
It doesn’t matter which study text you buy, they’re both as good. It’s question practise you need to concentrate on.
When I was at class for F7 and P2, we always did standards before consolidation practise. I think because that was where students usually failed the exam, and the consolidation questions had standards tested in it.
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I HOPE BPP IS PLATINUM APPROVED LEARNING MEDIA AT ACCA.
HAVING FULL KNOWLEDGE OF THE SYLLABUS IS INCOMPARABLE DIRECTION.Personally, I would start with consolidations. Standards are examined to not a great depth. Question 2 will often have something in where you are required to apply standards, but the depth of knowledge expected of you is not great and practising past questions 2 will give you enough experience.
Clearly you must be able to prepare a statement of cash flows but, again, that comes easier with practice.
Ratio analysis and report writing is based on an appreciation of how to calculate the ratios and then an ability ( acquired through practice ) in how to interpret them
In the context of “Learning standards” I would go no further than a good understanding of what is written in the course notes.
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