ACCA F7 INT

Key Examinable Areas

for June 2009

NOTE: These should only be used in conjunction with proper studying.

We cannot guarantee that these topics will appear in the actual exam as we have not seen
the exam papers. Examiners are not predictable so it is vital that all core syllabus areas are
revised fully. The tips are based on Kaplan’s experience and understanding of the ACCA
exams and will help focus your last minute revision.

Please also read all the Examiner’s Articles – available on the ACCA website or in the Student
Accountant magazine.

Question 1
Consolidated SFP for either 2 or 3 company group
Potential complications to include deferred consideration, share exchange and net asset fair
value adjustments, inter-co loan and PURP.

Question 2
Redraft statement of comprehensive income and statement of financial position - possible
transactions to include depreciation, revaluation investment property, revenue
recognition/substance, leases, financial liabilities, income tax.

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

Question 4 and 5
Construction contracts, IASB Framework (elements or qualitative characteristics),
Impairment, Events after the reporting date or EPS.

Kaplan Financial June 2009