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hi sir ,
I have started watching your lectures for f7 and i love it (both lectures and humour )I am doing self study using bpp text, revision kit and open tuition study materials
and i am pretty bad at managing my time both in exams and while studying , reading the forums i figured out how to manage my time in exam..how to study efficiently and effectively for F7 now i have only around 35 days and i have a resit for F5 ( which due to university commitments i got only 17 days to study and got 47 )
and now i have no other commitments till march (only ACCA)i have completed reading 119 pages of F7 text ( first 7 chaps) and some of revision kit ques..and i have a feeling i am doing something wrong ,
hope i am not wasting your time and i believe your advise could save me a lot of time
sincierly
zamil
(you can call me chamu :D)Zamu (or is it Chamil) get on top of consolidations.
Get on top of preparation of financial statements for a single entity – and to get there you need to be totally comfortable with the mini-exercises at the back end of the course notes.
Get on top of cash flows and interpretations – and to get on top of interpretations you need to read all the similar past exam answers to see how to tackle the written bits
Practice the mcqs – as many as you can get your hands on. Don’t mark your attempts in any book – mark your efforts on a separate piece of paper so you can do those mcqs over and over again
Practice consolidation questions until you’re doing them in your sleep
Then do all the mini-exercises all over again
And then the cash flow questions … and the interpretation questions
And did I mention doing lots and lots of mcqs
You’ve got your time mapped out for the next 35 days but if you find you’ve any time to spare, do some more mcqs,
and consolidations
and mini exercises
oh, and cash flows
chamil is better
so basically its about practice multiplied by infinity…mcq’s i have revision kit is any other source available…
mini exercises will do
and what about bpp text ?
what i am doing isyour lecture and course notes examples – bpp text reading and examples – revision kit chapter wise
is it fine ?
i know its stupid to ask but still within how many days i should finish studying and start revision as i have got another paper to revise and resit.
thank you so much 😀
I believe that the study text is rather heavy at this stage. Maybe if you still had another 6 months or so you could carry on with the text but, with just 35 days left, I think now’s the time to start question practice.
So, in answer to your question, within 1 day!
so I am planning to watch lectures and practice as many questions on that topic
i hope that will help me clear the paper 😀
thanks
There should be enough time for you – so long as you don’t decide to go and relax by the beach for 4 weeks!
Hi Mike,
considering the time constraint, if I practice properly consolidated statements, cash flow statement and ratio interpretations and mcqs, I should be fine right? it would be great if you could guide me what should be done for the other smaller chapters like leases, provisions, contingent liabilities, government grants, income taxes, inventories, construction contracts etc., in order to pass the exam.
could you also guide me about the format of the march 2016 f7 paper?
i really want to utilise my time in the best possible manner and focus more on the important areas.“the other smaller chapters like leases, provisions, contingent liabilities, government grants, income taxes, inventories, construction contracts etc., in order to pass the exam.” – do the mini exercises
40% mcqs
2 x 15 marks
1 x 30 marksLook at past ACCA exams on this site since December 2014 inclusive to see the format
So those smaller chapters would be assessed in MCQs and not in the long 15 or 30 mark questions? the long answer questions will basically cover consolidated financial statements, ratios an cash flow statement only right? i hope i am thinking in the right direction.
and preparation of financial statements for a single company.
And the “smaller” areas are quite well covered if you’ll work through the mini-exercises
hi Mike sir,
passed f7 with 66 😀
thank you so much , I would not have been able to score such marks without your guidance and wonderful lectures 😀thankfully
zamil
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