OpenTuition ACCA F7 Exam Tips for June 2016
40 marks MCQ anywhere from the syllabus
In addition to the 20 mcqs, there are 2 questions worth 15 marks each and will likely be based on one or more IAS / IFRS and or recent articles from Student Accountant.
Possible topics and related articles include:
– IAS 18 Revenue and the article “Revenue Recognition”
– IAS 17 Leasing and two articles “Accounting for Leases” and “Leases – Operating or Finance”
– IAS 41 Agriculture
And the last question for 30 marks – cash flow with maybe a bit of comment on financial situation (last two exams have had financial performance evaluation / commentary)