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how to pass f-7

Forums › ACCA Forums › ACCA FR Financial Reporting Forums › how to pass f-7

  • This topic has 12 replies, 11 voices, and was last updated 12 years ago by Anonymous.
Viewing 13 posts - 1 through 13 (of 13 total)
  • Author
    Posts
  • February 8, 2013 at 7:32 am #115663
    salahuddin88
    Participant
    • Topics: 2
    • Replies: 11
    • ☆

    hi guys ,,can some body please help me in order to pass f-7..i tries 7 times but still i cant pass ,every time i got 48 and 47 i dnt knw why,,can some body have any idea ,tell me please straight away

    February 8, 2013 at 11:02 am #116056
    pawelk
    Member
    • Topics: 2
    • Replies: 25
    • ☆

    try to cover all questions, no matter how good or bad, but do answer all questions. do not focus on first 3 obvious questions. avoid stucking on first 3 questions to make them beautiful and added up, do that partially if time has run out and move on. remeber 1 mark only 1,8 minutes. stick to this strictly.

    February 8, 2013 at 1:18 pm #116207
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 3
    • ☆

    7 times?? seriously? maybe accounting isnt for u? you still have p2 to do which will be a lot tougher than F7! but it def is passable…..just keep practicing questions…..timing is crucial in this exam….know when to stop. BEst of luck

    February 8, 2013 at 1:45 pm #116242
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 13
    • ☆

    Its strange to fail F7 seven times especially when you know what questions are likely to appear from 1-3. If anything it sounds like if your technique isn’t working for you so perhaps take a look at how this can be improved?

    February 15, 2013 at 11:54 am #117922
    nosiku
    Participant
    • Topics: 5
    • Replies: 14
    • ☆

    Hi guys yah be of help

    February 23, 2013 at 9:26 pm #118664
    fathuntress
    Member
    • Topics: 1
    • Replies: 10
    • ☆

    Out of the 7 times, did you seriously work hard?

    If you didnt, then you know why. I failed 3 times and i know i didnt study at all, also 45-49 marks.

    If you seriously worked hard and failed 7 times, try one more time and give it all and if still F , know when to stop .

    February 28, 2013 at 10:59 am #118873
    haroondar74
    Member
    • Topics: 3
    • Replies: 12
    • ☆

    F7
    Attempts = 4
    Average Score = 36

    Failure Analysis :
    1-Part Time Student
    2-Job Pressure.
    2-Only Last Few Days Studies.
    3- Lack of Practicing Past Papers.
    4-Poor Time Management In Exam.
    Weakness = Lack of I A S Knowledge, Q # 2 Final Accounts / Q # 4 & 5
    Strength = Q # 1 Consolidation , Q # 3 Ratio Analysis , Cash Flows
    Please Advise How To Pass F7

    March 2, 2013 at 5:33 pm #119018
    fathuntress
    Member
    • Topics: 1
    • Replies: 10
    • ☆

    Everyday do 1 question Haroondar you have 3 months. Just do 1 question everyday! Ignore 4 & 5 until you have fully master Q 1 2 3 beacuse 4 and 5 is quite random.

    March 4, 2013 at 10:16 am #119113
    haroondar74
    Member
    • Topics: 3
    • Replies: 12
    • ☆

    Thanks fathuntress…..Should I Buy New Kit or Just Practice The Past Papers ?

    March 5, 2013 at 5:14 pm #119291
    duc169
    Member
    • Topics: 8
    • Replies: 16
    • ☆

    I passed f7 ( the Dec 2012 ) in my 1st atttempt with 75 marks ( not too high, i think so)
    I am a full time student but learn like a part time one ( god , i am lazy as hell :p )
    I just have some tips for you :
    Dont use BPP text ( especially fo paper with lots of computational work ).In fact, even in paper like f8, i cant see why people still use text . It is way excessive and useless for self study. Using kaplan ( i think it is better than Course note as it has a lot of short excercises). By the way , for consolidation you need to read bpp to understand it inside out )
    I do a lot of exercise:D. For example, just do all consolidation in the kit in one days. Dont need to understand too much.Just to get accustomed to it .After one question, summary the error
    Keep with double entry to not get lost.i ve seen most of my friends do only a single working.Dont khow if it is your problem but following is how i do ques 1 and 2
    Remember some basic proforma( eg: cost of sales, m and equip, )
    Read the note first ( in 15 minutes of reading ) and try to thi nk of what working you will need
    After that: , when the reading ends. you need to reads the fs provided .If u think 1 item in the fs is needed for working, underline it and immediately write this figure in working ( eg : When u see the opening inventory of 70, underline it and write in the working” cost of sales “. It is the same with closing inventory)
    DONT UNDERLINE and leave the items not used in working for later work
    Then read the note and use the double entry.DONT DO ONE WORKING ALONE
    eg: expenditure cost of 100 must be capitalised Dr: asset Cr expense 100
    Then what you need to do is filling in ( 100 ) in cost of sales working and filling 100 in Plant machine working
    After doing all the notes, turning back to the unused items in fs
    I believe that it is one of the quickest and most effecient way to do ques 1 2 and cash flow( hope that you dont know this tips . If not , i am writing like a donkey 😀 ) . Well it is mostly impossible to not make error but i might reduce the amount to lowest
    And if it is for ques 1 2 3 you dont need to understand the IAS ( just a little basic knowledge ). All you need to know is just the double entry.Well , try to list all of possible double entries in your own books )
    For 4 5 i have no comment on them. It is up to ur knowledge and your luckiness. 😀

    March 11, 2013 at 2:29 pm #119641
    marilynlojikim
    Member
    • Topics: 15
    • Replies: 32
    • ☆

    thank u so much duc169. this is useful. wish u d best for ur coming paper 🙂

    March 27, 2013 at 8:21 am #120785
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 1
    • ☆

    i agree with ur guidance duc169

    March 30, 2013 at 11:59 am #121116
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 1
    • ☆

    Dear all, pls create a study group for F7 for june’13 exam.

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