Acca F7 Int Kit Supplement Dec 08
PAPER F7
FINANCIAL REPORTING (INTERNATIONAL) SUPPLEMENT TO PRACTICE AND REVISION KIT (JANUARY 2008 EDITION) FOR DECEMBER 2008 EXAM
QUESTIONS AND ANSWERS UPDATED FOR REVISED IFRS 3
Published by BPP Learning Media Ltd BPP House, Aldine Place London W12 8AA www.bpp.com/learningmedia
All our rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior written permission of BPP Learning Media Ltd.
We are grateful to the Association of Chartered Certified Accountants for permission to reproduce past examination questions. The suggested solutions in the exam answer bank have been prepared by BPP Learning Media Ltd, except where otherwise stated.
© BPP Learning Media Ltd 2008
ii
Contents
Contents
Page Questions 28 to 44............................................................................................................................................................1 Answers 28 to 44 ............................................................................................................................................................27 Mock Exam 1: question 1................................................................................................................................................77 Mock Exam 1: answer 1 ..................................................................................................................................................79 Mock Exam 2: question 1................................................................................................................................................83 Mock Exam 2: answer 1 ..................................................................................................................................................85 Mock Exam 3 (December 2007 exam): question 1
FINANCIAL REPORTING (INTERNATIONAL) SUPPLEMENT TO PRACTICE AND REVISION KIT (JANUARY 2008 EDITION) FOR DECEMBER 2008 EXAM
QUESTIONS AND ANSWERS UPDATED FOR REVISED IFRS 3
Published by BPP Learning Media Ltd BPP House, Aldine Place London W12 8AA www.bpp.com/learningmedia
All our rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior written permission of BPP Learning Media Ltd.
We are grateful to the Association of Chartered Certified Accountants for permission to reproduce past examination questions. The suggested solutions in the exam answer bank have been prepared by BPP Learning Media Ltd, except where otherwise stated.
© BPP Learning Media Ltd 2008
ii
Contents
Contents
Page Questions 28 to 44............................................................................................................................................................1 Answers 28 to 44 ............................................................................................................................................................27 Mock Exam 1: question 1................................................................................................................................................77 Mock Exam 1: answer 1 ..................................................................................................................................................79 Mock Exam 2: question 1................................................................................................................................................83 Mock Exam 2: answer 1 ..................................................................................................................................................85 Mock Exam 3 (December 2007 exam): question 1