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I already have covered F7 before and have all the knowledge however I’ll need a short revision. However I didn’t take it in March because I had no practice. So I want to focus more on practical side instead of all theory.
So let’s say I want to give the last week to revision + 5 past papers, that leaves me with 5 weeks. Should I read the OT notes and practice all the past papers questions including mini exercises? How should I approach this? I want to focus on consolidation and cash flows. What should I do in these 5 weeks? How much time should I devote everyday? By the way, I don’t think F7 is hard at all, I just need a proper plan of attack! So please help!
Thanks!
” I want to focus on consolidation and cash flows” – interpretation is becoming more common than cash flows and preparation of financial statements for a single company is just as important as consolidations
“How much time should I devote everyday?” – I haven’t a clue! I have no idea how much time you have available. I don’t know your personal circumstances, the other important demands on your time, the strength of your motivation and the strength of your resolve
Put very simply …. I can’t help you with this
What I CAN suggest is that you open a spreadsheet on your computer showing your waking hours between finishing breakfast and going to bed, block out the times where you want to schedule lunch and dinner, break down the three remaining periods into sessions of, say 45 minutes, build in a 15 minute break after each 45 minute session (so finish breakfast at 9.30, work until 10.15, break until 10.30, work until 11.15, break until 11.30, work until 12.15, lunch until 13.00, ….and so on
Now you have your scheduled sessions, fill those up with “notes”, “lectures”, “mini-exercises”, “past exam questions” and so on
There’s no need to be specific about the notes, lectures nor mini-exercises but you could identify separate questions from past papers and slot those into appropriate time slots
Within the time period you should also build in 5 minutes after each exam question session to check your answer and resolve the areas where you have gone wrong
Try building up from that as a start point
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