Hints & Tips for P1 Governance, Risk and Ethics
ACCA Paper P1 – Governance, Risk and Ethics
We expect that the P1 exam in December will mirror previous sittings, with one compulsory question and a choice of two from three optional questions.
Remember, the compulsory question will be fixed at 50 marks, focusing on a scenario testing all three main syllabus areas, with up to 4 professional marks available for producing some form of written communication (a briefing note, press release or letter to shareholders).
The optional questions will score 25 marks each and can test up to two syllabus areas each by applying the syllabus to a real-world scenario. For this sitting, you can probably expect to see content on two new areas added to the syllabus for exams from December 2014 onwards – public sector governance and integrated reporting.
You can also expect to see the use of ethical and CSR theories applied to scenarios, as well as the use of risk and governance syllabus content – you should be aiming to revisit as many past-paper questions as possible as we are starting to see exam requirements that have been examined before.
Candidates should also take heed of the examining team's recently published article content for P1 when preparing for this exam – at time of going to press, this included two articles on public sector governance, but keep checking to make sure you have seen any last minute additions.
Good luck!!!
You can also visit ACCA's website for more information about P1 Governance, Risk and Ethics
ACCA Paper P1 – Governance, Risk and Ethics
We expect that the P1 exam in December will mirror previous sittings, with one compulsory question and a choice of two from three optional questions.
Remember, the compulsory question will be fixed at 50 marks, focusing on a scenario testing all three main syllabus areas, with up to 4 professional marks available for producing some form of written communication (a briefing note, press release or letter to shareholders).
The optional questions will score 25 marks each and can test up to two syllabus areas each by applying the syllabus to a real-world scenario. For this sitting, you can probably expect to see content on two new areas added to the syllabus for exams from December 2014 onwards – public sector governance and integrated reporting.
You can also expect to see the use of ethical and CSR theories applied to scenarios, as well as the use of risk and governance syllabus content – you should be aiming to revisit as many past-paper questions as possible as we are starting to see exam requirements that have been examined before.
Candidates should also take heed of the examining team's recently published article content for P1 when preparing for this exam – at time of going to press, this included two articles on public sector governance, but keep checking to make sure you have seen any last minute additions.
Good luck!!!
You can also visit ACCA's website for more information about P1 Governance, Risk and Ethics
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