Can I pass F7 self study?
Yes you can. Comprehensive study material is available for both of the papers. Just make sure you study complete study text .
Is F7 hard ACCA?
Many students don’t find the topic very interesting. If you’re not interested in it, you’ll find ACCA F7 much more difficult.
How do I pass ACCA F7 in first attempt?
Use the OpenTuition ACCA F7 lectures together with the F7 course notes. Try to read a study text, at least once. Follow the worked examples of all the questions 1, 2 and 3 on this website since the “new” syllabus arrived in 2007. Revision lectures based on past ACCA F7 exam questions are available on line.
How long does it take to prepare for F7 ACCA?
90 days is a lot of time. Firstly, go through the study text & understand the basics of what F7 is all about. This shouldn’t take more than 2 weeks assuming that you’ll be studying 4–5 hours everyday.
What is ACCA F7?
The aim of ACCA Financial Reporting (FR) (F7) is to develop knowledge and skills in understanding and applying accounting standards and the theoretical framework in the preparation of financial statements of entities, including groups and how to analyse and interpret those financial statements.
Is financial reporting difficult?
Preparing financial statements has always been a demanding responsibility requiring the input of highly trained professionals. Standards have continued to evolve to strike that balance but there is growing concern that financial reporting has become overly complex.
Is financial reporting easy?
Financial reporting does not have to be a painful process! In most companies, even the most basic financial KPIs can be quite difficult not only to create but also to maintain in order to ensure that everyone is working with the most updated numbers.