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A list of articles relevant to P7 Financial Accounting and Tax Principles are available to download below.

Reading widely is an important part of preparing for the exams – so use these articles as part of your study.

Some of the articles were written for the old 2000 syllabus. We have reviewed each article and those relevant to Financial Accounting and Tax Principles are listed.

You will need Adobe Acrobat software to view the PDF files. If you do not have this installed on your computer you can download it free from the Adobe website.

  • Income tax expense(PDF 247KB) by Richie Owens (March 2007)
    Richie Owen explains why a thorough understanding of the income tax expense - and the related liability on the balance sheet - is a must for Paper P7 candidates.
  • Guidance on how to use your additional 20 minutes reading time (PDF 85KB) by Martin Taylor (May 2005)
  • Advice on how reading the business pages of quality newspapers can make your exam answers far more insightful (PDF 366KB) by Graham Pitcher (April 2005).
  • Liquid engineering (PDF 396KB) by John Ogilvie (May 2003)
    Cash budgets are vital tools, because they enable managers to forecast future surpluses or shortages of funds and to plan ahead to meet those eventualities.
  • Preparing cash budgets (PDF 94KB) by John Ogilvie (only published on the website)
    Useful tips
  • Collective thoughts (PDF 373KB) by John Ogilvie (June 2001)
    In the second of two articles, John Ogilvie explains debt collection.
  • Due diligence (PDF 410KB) by John Ogilvie (May 2001)
    In the first of two articles on this syllabus, John Ogilvie explains the credit aspects of debtor management.