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looking for Inspiration to study Awesome

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › looking for Inspiration to study Awesome

  • This topic has 11 replies, 3 voices, and was last updated 9 years ago by MikeLittle.
Viewing 12 posts - 1 through 12 (of 12 total)
  • Author
    Posts
  • February 1, 2016 at 4:28 pm #298873
    Zamil
    Member
    • Topics: 15
    • Replies: 12
    • ☆

    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)

    February 1, 2016 at 8:05 pm #298887
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    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

    February 1, 2016 at 8:42 pm #298892
    Zamil
    Member
    • Topics: 15
    • Replies: 12
    • ☆

    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 is

    your 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 😀

    February 2, 2016 at 4:35 am #298916
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    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!

    February 2, 2016 at 2:28 pm #298983
    Zamil
    Member
    • Topics: 15
    • Replies: 12
    • ☆

    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

    February 2, 2016 at 3:14 pm #298986
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    There should be enough time for you – so long as you don’t decide to go and relax by the beach for 4 weeks!

    February 2, 2016 at 11:22 pm #299035
    aadya
    Member
    • Topics: 33
    • Replies: 48
    • ☆☆

    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.

    February 3, 2016 at 9:17 am #299075
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    “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 marks

    Look at past ACCA exams on this site since December 2014 inclusive to see the format

    February 3, 2016 at 3:58 pm #299116
    aadya
    Member
    • Topics: 33
    • Replies: 48
    • ☆☆

    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.

    February 3, 2016 at 4:36 pm #299126
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    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

    April 19, 2016 at 11:02 am #311657
    Zamil
    Member
    • Topics: 15
    • Replies: 12
    • ☆

    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

    April 19, 2016 at 12:38 pm #311672
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    You’re very welcome Chamil – good score, and thanks for letting me know.

    Onwards and upwards!

    🙂

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