F7 Financial Reporting Exam Tips for June 2009 F7 Exam Tips by LSBF (Francis Braganza) Question 1 Consolidated statement of financial position (balance sheet) or CIS (CPLA), with Associates. Written marks for International could cover examiner’s very important August 2008 article ie IFRS 3 (revised) Question 2 Published accounts preparation from TB or re-drafting Question 3 Statement of cash flow with some interpretation Questions 4 &. 5 Standards such as leasing, contracts, deferred tax, financial instruments, impairment, EPS, etc. Study as many as you possibly can as standards can affect Q2 &. 3 as well This exam consists entirely of compulsory questions. this makes question spotting particularly dangerous. Your safest bet is to achieve good syllabus coverage in your revision, as the examiner aims to do in the exam.