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    F7 Exam Questions Analysis PDF

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    Saurabh Kaushik
    The document appears to be a table summarizing whether various accounting topics are covered in different questions over multiple time periods. It covers topics like the statement of financial position, associates, business combinations, intragroup transactions, impairments, provisions and more. The table indicates for each topic and time period with a "yes" whether that topic was included in the question for that period or with other notes like "part".

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    F7 Exam Questions Analysis PDF

    Uploaded by

    Saurabh Kaushik
    400 views8 pages
    The document appears to be a table summarizing whether various accounting topics are covered in different questions over multiple time periods. It covers topics like the statement of financial position, associates, business combinations, intragroup transactions, impairments, provisions and more. The table indicates for each topic and time period with a "yes" whether that topic was included in the question for that period or with other notes like "part".

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    F7 Exam Questions analysis.pdf

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    The document appears to be a table summarizing whether various accounting topics are covered in different questions over multiple time periods. It covers topics like the statement of financial position, associates, business combinations, intragroup transactions, impairments, provisions and more. The table indicates for each topic and time period with a "yes" whether that topic was included in the question for that period or with other notes like "part".

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    400 views8 pages

    F7 Exam Questions Analysis PDF

    Uploaded by

    Saurabh Kaushik
    The document appears to be a table summarizing whether various accounting topics are covered in different questions over multiple time periods. It covers topics like the statement of financial position, associates, business combinations, intragroup transactions, impairments, provisions and more. The table indicates for each topic and time period with a "yes" whether that topic was included in the question for that period or with other notes like "part".

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    You are on page 1of 8

    F7 Question 1

    Statement of Financial Position

    Pilot

    7-Dec 8-Jun 8-Dec 9-Jun 9-Dec 10-Jun

    Pumice

    Plateau

    yes

    yes

    Statement of Income

    yes

    Associate

    yes

    Mid-year acquisition

    yes

    Share for share exchange


    Cash consideration

    Patronic

    yes

    yes
    yes

    Pedantic

    Pacemaker

    Pandar

    Picant

    yes

    yes

    part

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    Deferred consideration

    yes

    yes

    yes

    NCI - proportionate
    NCI goodwill given

    yes

    NCI value of investment given

    yes

    NCI value of investment is share price


    Fair value adjusment - up

    yes

    Fair value adjustment - down

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    "New" asset / liability

    yes

    Intra-group sales
    Pups H to S

    yes

    yes

    yes
    yes

    yes

    Pups S to H

    yes

    Pup on TNCA transfer

    yes

    Impairment of goodwill

    yes

    Impairment of investment in Associate

    yes

    yes

    yes

    yes
    yes

    yes

    yes

    yes

    yes

    yes

    yes
    yes

    Intra-group debts to reconcile

    cash

    goods

    Intra-group debts - no reconciliation


    Loan note cancellation
    AHFS revaluation

    yes
    yes

    yes

    Dividends
    5 marks chat

    yes
    yes

    yes

    For latest course notes, free audio & video lectures, support and forums please visit

    yes

    F7 Question 1

    10-Dec 11-Jun 11-Dec 12-Jun 12-Dec 13-Jun


    Premier

    Prodigal

    Paladin

    Pyramid

    Statement of Financial Position

    yes

    eq section

    yes

    yes

    Statement of Income

    yes

    yes

    Associate
    Mid-year acquisition

    yes

    yes

    Share for share exchange

    yes

    yes

    Viagem

    Paradigm
    yes

    yes
    yes

    yes

    yes

    yes

    assoc

    yes

    yes

    yes

    yes

    yes

    Cash consideration

    yes

    yes

    Deferred consideration

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    NCI - proportionate
    NCI goodwill given
    NCI value of investment given
    NCI value of investment is share price

    yes

    yes

    Fair value adjusment - up


    Fair value adjustment - down

    yes

    yes

    "New" asset / liability


    Intra-group sales

    yes
    yes

    yes

    Pups H to S

    yes

    Pups S to H

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    Pup on TNCA transfer

    yes

    Impairment of goodwill

    yes

    Impairment of investment in Associate

    yes

    Intra-group debts to reconcile


    Intra-group debts - no reconciliation

    cash+goods
    yes

    yes

    Loan note cancellation


    AHFS revaluation

    cash

    yes
    yes

    Dividends
    5 marks chat

    4 marks

    4 marks

    For latest course notes, free audio & video lectures, support and forums please visit

    5 marks

    F7 Question 2

    Pilot

    7-Dec 8-Jun 8-Dec 9-Jun 9-Dec 10-Jun 10-Dec

    Kala

    Llama

    Dexon

    Candel

    Pricewell

    Sandown

    Dune

    Cavern

    Statement of Financial Position

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    Statement of Income

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    Statement of Changes in Equity

    yes

    yes

    yes

    yes

    yes

    Earnings per share


    yes

    Trial balance

    yes

    List of balances
    Draft accounts

    yes

    Revenue recognition

    yes

    Inventory adjustment

    yes

    TNCA investment property revaluation

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes
    yes

    TNCA revaluation

    yes

    yes

    yes

    yes
    yes

    yes

    yes

    yes
    yes

    TNCA disposal

    yes

    yes

    TNCA reclassified as AHFS


    TNCA acquisition not recorded / own
    build

    yes

    TNCA depreciation straight line

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    TNCA depreciation reducing balance

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    TNCA finance lease

    yes

    yes
    yes

    TNCA impairment
    yes

    INCA impairment
    Financial asset through P&L
    revaluation

    yes

    Loan note interest calculation /


    adjustment

    yes

    yes

    Tax provision

    yes

    yes

    Deferred tax provision movement

    yes

    yes

    Suspense account

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    Prior year adjustment

    yes

    Dividend

    yes

    yes

    Development expenditure

    yes

    Provisions and contingencies

    yes

    Construction contracts

    yes

    yes

    yes
    yes

    Factored debt

    For latest course notes, free audio & video lectures, support and forums please visit

    yes

    F7 Question 2

    11-Jun 11-Dec 12-Jun 12-Dec 13-Jun


    Highwood

    Keystone

    Fresco

    Quincy

    Atlas

    Statement of Financial Position

    yes

    yes

    yes

    yes

    yes

    Statement of Income

    yes

    yes

    yes

    yes

    yes

    Statement of Changes in Equity

    yes

    yes

    yes

    yes

    yes

    Earnings per share

    yes

    Trial balance
    yes

    List of balances

    yes

    yes

    yes

    yes

    Draft accounts
    yes

    Revenue recognition
    Inventory adjustment

    yes

    yes

    TNCA revaluation

    yes

    yes

    yes
    yes

    yes

    yes

    TNCA investment property revaluation


    TNCA disposal
    yes

    TNCA reclassified as AHFS


    TNCA acquisition not recorded / own
    build

    yes

    TNCA depreciation straight line

    yes

    TNCA depreciation reducing balance

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    TNCA finance lease


    TNCA impairment

    yes

    INCA impairment
    Financial asset through P&L
    revaluation

    yes

    Loan note interest calculation /


    adjustment

    yes

    Tax provision

    yes

    Deferred tax provision movement

    yes

    NO!

    yes

    NO!

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    yes

    Suspense account

    yes

    Prior year adjustment

    yes
    yes

    Dividend

    yes

    yes

    Development expenditure
    yes

    Provisions and contingencies


    Construction contracts
    Factored debt

    yes

    For latest course notes, free audio & video lectures, support and forums please visit

    F7 Question 3

    Pilot

    7-Dec 8-Jun 8-Dec 9-Jun 9-Dec 10-Jun 10-Dec


    Pinto

    Victular

    Reactive

    Harbin

    Ratio calculations

    10

    12

    Analysis of financial performance

    yes

    yes

    yes

    Analysis of financial position

    yes

    yes

    yes

    Cash flow statement preparation

    yes

    Comment on cash flow management

    yes

    Calculate adjusted profit margin and others


    yes

    5 mark chat

    F7 Question 4

    Pilot

    Framework

    yes

    relevant

    yes

    reliable

    yes

    comparable

    yes

    Coaltown Crosswire

    Deltoid

    Hardy

    explain

    10
    yes

    yes
    yes

    part

    yes

    yes

    yes

    yes

    yes

    7-Dec 8-Jun 8-Dec 9-Jun 9-Dec 10-Jun 10-Dec


    yes

    yes

    yes

    yes

    yes

    yes
    yes
    yes

    faithful representation
    matching

    yes

    substance over form

    yes

    prudence

    yes

    materiality

    yes

    yes

    yes

    define liability

    yes

    define non-current asset

    yes

    accounting policies / estimates / errors


    yes

    subsequent events
    leasing

    yes

    borrowing costs

    yes

    revaluations of ppe

    yes

    computations / calculations / treatment

    yes

    yes

    yes

    yes

    yes

    inventory

    yes

    provisions
    predictive role of IFRS
    diluted eps calculation
    impairment
    understandable
    construction contract calculation
    IFRS 5

    For latest course notes, free audio & video lectures, support and forums please visit

    yes

    yes

    yes

    F7 Question 3

    11-Jun 11-Dec 12-Jun 12-Dec 13-Jun


    Bengal

    Ratio calculations
    Analysis of financial performance

    Mocha

    Tangier

    Quartile

    Monty

    yes

    yes

    yes

    yes

    Analysis of financial position


    Cash flow statement preparation

    yes

    yes

    yes

    yes

    Comment on cash flow management


    Calculate adjusted profit margin and others
    yes

    5 mark chat

    F7 Question 4

    4 marks

    11-Jun 11-Dec 12-Jun 12-Dec 13-Jun


    yes

    Framework
    relevant
    reliable

    yes

    comparable
    faithful representation
    matching
    substance over form
    prudence
    materiality
    define liability
    define non-current asset

    2 marks

    accounting policies / estimates / errors


    subsequent events
    leasing
    borrowing costs
    revaluations of ppe
    computations / calculations / treatment

    yes

    yes

    inventory
    yes

    provisions
    predictive role of IFRS

    yes

    diluted eps calculation

    yes
    yes

    impairment
    understandable

    yes

    construction contract calculation

    yes

    IFRS 5

    yes

    For latest course notes, free audio & video lectures, support and forums please visit

    F7 Question 5

    Pilot

    construction contracts

    yes

    development expenditure

    7-Dec 8-Jun 8-Dec 9-Jun 9-Dec 10-Jun 10-Dec

    yes
    yes

    loan note
    ppe costs, depreciation and improvements
    complex aircraft depreciation

    yes
    yes

    earnings per share

    yes
    yes

    borrowing costs
    provisions, closure of plant, disc ops
    rules / principles standards, ads of IFRS
    government grants
    investment property

    For latest course notes, free audio & video lectures, support and forums please visit

    yes

    F7 Question 5
    construction contracts

    11-Jun 11-Dec 12-Jun 12-Dec 13-Jun


    yes

    development expenditure
    yes

    loan note
    ppe costs, depreciation and improvements
    complex aircraft depreciation
    earnings per share
    borrowing costs

    yes

    provisions, closure of plant, disc ops


    rules / principles standards, ads of IFRS
    government grants
    investment property

    yes
    yes
    yes

    For latest course notes, free audio & video lectures, support and forums please visit

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