ACCA F7 (International) Exam Tips Dec 2011 (BPP) What the BPP subject specialists think This post

provides our subject specialists best guess at areas that may come up. The areas suggested below should not be studied to the exclusion of others. Possible important areas to cover for ACCA F7: Question 1: Consolidated SOCI and/or SOFP with one subsidiary plus associate with intragroup adjustments and fair value adjustments. May include written part on a group topic. Question 2: SOCI and SOFP preparation from TB or restatement with usual adjustments for depreciation, revaluation, current/deferred tax plus others such as leases/substance, financial instruments (change in FV or amortised cost). May include discontinued operation/EPS/SOCIE. Question 3: Interpretation and/or statement of cash flows. Could focus on specific part of SOCF or specific ratios. Questions 4 and 5: One question in context of conceptual framework, and the other containing one or two discrete topics, such as regulatory framework, inflation, government grants, discontinued operations, impairments, deferred tax, leases or intangible assets. Kaplan: F7 Financial Reporting (INT) Q1: Consolidated SOCI and/or SOFP with one subsidiary plus associate with intragroup adjustments and fair value adjustments. May include written part on a group topic. Q2: SOCI and SOFP preparation from TB or restatement with usual adjustments for depreciation, revaluation, current/deferred tax plus others such as leases/substance, financial instruments (change in FV or amortised cost). May include discontinued operation/EPS/SOCIE. Q3: Interpretation and/or statement of cash flows. Could focus on specific part of SOCF or specific ratios. Q4 & Q5: One question in context of conceptual framework, and the other containing one or two discrete topics, such as regulatory framework, inflation, government grants, discontinued operations, impairments, deferred tax, leases or intangible assets. ACCA F4 Exam Tips Dec 2011 (BPP): This post provides our subject specialists best guess at areas that may come up. The areas suggested below should not be studied to the exclusion of others. Possible important areas to cover for ACCA F4: Q1 Statutory interpretation Q2 Formation of a contract consideration or intention Q3 Tort of negligence how the duty of care is breached Q5 Debentures and charges Q6 Appointment / termination of directors Q7 Employment law the employment contract / relationship Other likely topics include: breach of contract and remedies company insolvency Insider Dealing.

F4 Corporate and Business Law (KAPLAN): English Legal System Tribunals Interpretation of statute Judicial precedent Human Rights Act Contract Law Acceptance/postal rule Consideration Terms Capacity Exclusion Clauses Breach of contract Torts Breach of Duty Professional Misstatement Defences to Negligence Employment Law Common law duties Summary dismissal Redundancy Remedies Agency Relationships Types of Partnership Fraudulent Behaviour Money Laundering Insider Dealing Fraudulent/wrongful trading Company Law Types of companies Articles of Association Resolutions Meetings Class rights Directors duties Different Types of Directors Voluntary Liquidation