F7 BPP Exam Tips for December 2008 - ACCA Global Accountancy Discussion Forums

acca · 11-15-2008, 08:35 PM

F7 December 2008 ACCA Exam tips by BPP (Financial Reporting)

This exam consists entirely of compulsory questions; this makes question spotting particularly dangerous. The purpose of this analysis is to highlight areas the major syllabus areas that we would expect to be regularly tested based on recent papers, comments made by the examiner, and the sittings of the old syllabus 2.5 paper which was also examined by the same examiner Steve Scott.

Use the following tips as important areas to cover but remember that no one knows what is in the exam, apart from the examiner. Your safest bet is to achieve good syllabus coverage in your revision, as the examiner aims to do in the exam.

For each area described, please note the reference to useful questions from BPP’s Practice and Revision kit (P&R kit) (2008 edition) for the International Stream or UK Stream. We recommend you practice them all to get broad syllabus coverage.

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acca · 11-15-2008, 08:36 PM

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EddyTeddy · 11-20-2008, 12:57 PM

Originally Posted by Murtaza

what is wrong

You have to contribute to this forum either by taking or by paying a fees of 10 dollars..

hanga17 · 12-02-2008, 02:21 AM

Rules are rules and very clear.... but this has to be the most tightest forum I've come across. It's fair you should make posts and contribute, but 30 posts! or pay for it?... what a load of nonsense!

tanyewmeng · 12-02-2008, 01:38 PM

i can't view the tips

tanyewmeng · 12-02-2008, 01:43 PM

i can't view the tips

Line · 12-03-2008, 03:38 AM

Question 1
Consolidation possibly 3 company SFP or 2 company I/S and SFP
Question will probably include the update to IFRS 3 affecting Goodwill and NCI calculations

Question 2
Preparation of published accounts from TB to include I/S, SOCIE and SFP - possible transactions, depreciation, revaluation, income tax and deferred tax, lease, development costs.

Question 3
Possible mixed interpretation question to include calculation of a basic statement of cashflow and a report to include calculation of ratios and interpretation of the accounts using the cash flow and ratio results.

Question 4 and 5
Construction Contracts, IASB Framework (elements or qualitative characteristics), Impairment or Provisions.

nicemoon · 12-03-2008, 12:06 PM

i can't view the tips

Murtaza · 12-03-2008, 08:01 PM

i can't view the tips

uzairkhan25 · 12-03-2008, 11:56 PM

very good man, u want 30 good posts, so here we go

Originally Posted by acca

F7 December 2008 ACCA Exam tips by BPP (Financial Reporting)

This exam consists entirely of compulsory questions; this makes question spotting particularly dangerous. The purpose of this analysis is to highlight areas the major syllabus areas that we would expect to be regularly tested based on recent papers, comments made by the examiner, and the sittings of the old syllabus 2.5 paper which was also examined by the same examiner Steve Scott.

Use the following tips as important areas to cover but remember that no one knows what is in the exam, apart from the examiner. Your safest bet is to achieve good syllabus coverage in your revision, as the examiner aims to do in the exam.

For each area described, please note the reference to useful questions from BPP’s Practice and Revision kit (P&R kit) (2008 edition) for the International Stream or UK Stream. We recommend you practice them all to get broad syllabus coverage.

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