ACCA F7 Exam tips – June 2014

 Q1: Consolidated SoFP more likely to be examined than consolidated SoPL+OCI

 Q2: Preparation of individual SoFP, SoPL+OCI and possibly also SoCF from trial
balance with a number of adjustments. Classical adjustments are annual
depreciation, current and deferred income tax, convertible financial instruments.

 Q3: Ratio analysis, perhaps also requiring preparation of a selected section from
individual SoCF (operating or investing activities)

 Q4 or Q5: Convertible financial instruments, earnings per share