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How to pass F7 in 6 Weeks?

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › How to pass F7 in 6 Weeks?

  • This topic has 1 reply, 2 voices, and was last updated 9 years ago by MikeLittle.
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  • April 20, 2016 at 4:03 pm #311915
    wolfofwallstreet1
    Member
    • Topics: 1
    • Replies: 0
    • ☆

    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!

    April 20, 2016 at 7:09 pm #311952
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    ” 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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