Cryptic crossword clue
Accurate summary given poor grade 7

The most common and most likely answer to this crossword clue is the 7 letter word PRECISE

I've seen this crossword clue in Financial Times
P
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E
C
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Buddy explains!

The straight part
We know that "Accurate" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case accurate = precise.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does PRECISE mean?

PRECISE verb
  1. (NNES or European Union documents) To make or render precise; to specify.
PRECISE adjective
  1. Exact, accurate
  2. (of experimental results) consistent, clustered close together, agreeing with each other (this does not mean that they cluster near the true, correct, or accurate value)
  3. Adhering too much to rules; prim or punctilious

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