Study Materials
F7 is a demanding paper covering all the fundamentals of financial reporting. It has five main sections:
- The conceptual framework of accounting
- The regulatory framework
- Preparation of financial statements which conform with IFRS
- Preparation of consolidated financial statements
- Analysis and interpretation of financial statements
F7 builds on knowledge from F3, or old paper 1.1. New topics introduced at this level are consolidated financial statements, construction contracts, financial instruments and leases.
International is now the ACCA main stream. We also provide materials for the F7 UK variant.
Study Text
Price: £30
Suitable for: June 2008 exams
ISBN: 978 07517 3293 1
This study text has been reviewed by the examiner and concentrates on the key areas of the syllabus, taking into account the examiner's guidance on how topics will be examined. The text has a step-by-step approach to producing consolidated financial statements and lots of exercises which allow you to practise the workings. We guide you through the more problematic topics which can be brought into the preparation of single company financial statements, and encourage you to develop the critical awareness of problems in financial reporting which the examiner expects to see demonstrated at this level.
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View a sample chapter
Practice and Revision Kit
Price: £16
Suitable for: June 2008 exams
ISBN: 978 07517 3360 0
The most important factor in passing F7 will be lots of targeted question practice. The questions in our kit cover all areas of the F7 syllabus. The questions are laid out in sections which match the text chapters. All sections have past exam questions and some also have preparation questions which ease you into the topic. This helps you to organise your revision. You can review the text chapter, and then do the kit questions on that chapter. Our solutions are detailed and also give you advice on how to approach the question and how to get the easy marks.
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View a sample chapter
Passcards
Price: £10
Suitable for: June 2008 exams
ISBN: 978 07517 3272 6
BPP Learning Media's passcards for F7 are an ideal revision tool. Like the Practice & Revision Kit, they are arranged in the same topic order as the text. Each topic is presented in self-contained cards giving you the key facts that you must know. These key facts then act as a structure around which other information can be aligned, aiding your recall. Passcards give you the complete formats for the financial statements, including cash flow statements. When these formats become familiar you will be able to set them down quickly and easily in the exam and save valuable time.
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View a sample chapter
i-Learn
Price: £40
Suitable for: June 2008 exams
ISBN: 978 07517 3317 4
The interactive i-Learn CD gives you a fresh look at the syllabus topics and reinforces your understanding. For instance, you can go through all the steps of producing consolidated financial statements and cash flows on screen. The program will prompt you and correct any mistakes as you go along. You will get plenty of practice at calculating ratios - all of which must be known for the exam. I-learn focuses on the basics and gets you through a large amount of material in a short amount of time. You can tackle it in modules or go straight through the whole programme.
i-Pass
Price: £30
Suitable for: June 2008 exams
ISBN: 978 07517 3385 3
The i-Pass CD for F7 has a set of questions for each major area of the syllabus. You can get lots of practice on those workings and calculations that you are likely to be doing in the exam, such as calculating goodwill on consolidation, calculating group retained earnings and drafting sections of cash flow statements. You can also practise the workings needed for finance leases and construction contracts and calculate EPS and other accounting ratios in a variety of scenarios. I-Pass also tests you on the main provisions of the accounting standards relevant to the F7 syllabus.
