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Dear tutor, i have the 2017 -2018 f7 exam kit for the question practice. do i need an upgraded exam kit or is it sufficient to help me pass my exam. thanks in advance.
I’m not a tutor (to ask questions to the tutor, you must use the Ask A Tutor forum here: https://opentuition.com/forum/ask-acca-tutor-forums/ask-the-tutor-acca-financial-reporting-fr-exams/)
However, I can answer your question. There have been only very minor changes to the syllabus from 17/18 to the current 19/20 version. You can see the changes in the very last section of the 18/19 and 19/20 syllabuses:
As you will see, there have been 2 things removed from the syllabus: cash flow statement preparation by the direct method, and valuing an asset using the PV of future cash flows method. There are no additions to the syllabus.
So just bear in mind that you don’t need to practice these 2 areas when using your kit, other than that you will be fine. I’d also recommend making sure you download all the recent past papers and answers as the questions from those won’t be in your kit.
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