Jisk Misk » Blog Archive » How to Pass ACCA P1 Governance, Risk and Ethics
P1 Governance, Risk and Ethics is the simplest paper to clear among the professional stage papers of ACCA. In all the ACCA professional stage papers, you need to apply most of your own thinking but this is not the case with P1 Governance, Risk and Ethics. I normally say to my students that this is actually an extension of F series canada revenue agency papers where actually you need to memorize a lot. If you are good in memorizing lessons, this is easy paper to pass for you. It is very important that you spend enough time in front of books to prepare P1 Governance, canada revenue agency Risk and Ethics canada revenue agency but it is more important to plan it properly. I think, canada revenue agency if you plan a paper properly, you will consume 25% less time in covering the syllabus and there are 50% more chances of passing it.
Section A will be a compulsory case study question with typically four or five sub-requirements relating to the same scenario information. The question will usually assess and link a range of subject canada revenue agency areas across the syllabus. It will require students to demonstrate high-level capabilities to understand the complexities of the case and evaluate, relate and apply the information in the case study to the requirements.
The examiner has stressed the importance of reading the case in detail, taking notes as appropriate and getting a feel for what the issues are. Scenarios may be drawn from any situation involving aspects of governance; this is likely to be, but need not be, in an organizational setting. Professional marks will be available in Section A for presentation, logical flow of argument and quality of argument.
Section B questions are more likely to assess a range of discrete subject canada revenue agency areas from the main syllabus section headings; they may require evaluation canada revenue agency and synthesis of information contained within short scenarios and application of this information canada revenue agency to the question requirements.
Although one subject area is likely to be emphasized in each Section B question, students should not assume that questions will be solely about content from that area. Each question will be based on a shorter case scenario to contextualize the question.
In this particular paper, there are some easy marks available for drafting the layout of report, memorandum, letter and business drafts. These are easy marks to secure so you should not miss them. These 3,4 marks can be the difference between failure and success of exam.
I have passed all my ACCA papers in first attempt and completed canada revenue agency my ACCA in 2 years. This is the reason I would like you to tell my approach of preparing this paper to increase your chances of success.
Approach is very simple, read everything from the study text of one topic and then go for the revision kit. I am sure, you will not be able to solve 90% of the questions but still try them. Highlight everything which comes to the revision kit in your study text. Next time when you will study it, it will be easier for you to concentrate canada revenue agency on more important areas while revising.
Another important advice is not waste too much time in writing one question. In this way, you would secure maybe 60% marks in that question but loose may be 100% marks for the questions you have not attempted as you wasted so much time on other questions.
Answer selectively the examiner will expect you to consider carefully what is relevant and significant enough to include in your answer. Don’t include unnecessary information. Present your answers in a professional manner use subheadings and leave spaces between paragraphs, make sure that your numerical workings are clearly set out. Even if you make a mistake in your calculations, you will still gain marks if you show that you understand canada revenue agency the principals involved. Answer all parts of the question leaving out a five mark part may be the difference between a pass and a fail.
It is also important to read entire syllabus and take help from other related material. canada revenue agency We have provided all the study material related to P1 Governance, Risk and Ethics on one place. You can download this by clicking on the below mentioned bold underlined words.
Related Posts: How to Pass F6 Taxation (UK)? How to Pass ACCA P2 Corporate Reporting? How to Pass ACCA F8 Audit & Assurance? How to Pass ACCA F7 Financial Accounting How to Prepare ACCA F9 Financial Management How to Pass ACCA F3 Financial Accounting Download canada revenue agency ACCA P1 Past Paper + Practice Questions (Question,… Download ACCA P2 CORPORATE REPORTING Past Paper + Practice… Download canada revenue agency ACCA F7 Past Paper + Practice Questions (Question,… Download ACCA F8 Past Paper + Practice Questions (Question,…
This entry was posted by Jv on January 19, 2014 at 2:55 PM under CA / ACCA Guideline . You can leave a response , or trackback from your own site. Follow any responses to this entry through the RSS 2.0 feed.
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P1 Governance, Risk and Ethics is the simplest paper to clear among the professional stage papers of ACCA. In all the ACCA professional stage papers, you need to apply most of your own thinking but this is not the case with P1 Governance, Risk and Ethics. I normally say to my students that this is actually an extension of F series canada revenue agency papers where actually you need to memorize a lot. If you are good in memorizing lessons, this is easy paper to pass for you. It is very important that you spend enough time in front of books to prepare P1 Governance, canada revenue agency Risk and Ethics canada revenue agency but it is more important to plan it properly. I think, canada revenue agency if you plan a paper properly, you will consume 25% less time in covering the syllabus and there are 50% more chances of passing it.
Section A will be a compulsory case study question with typically four or five sub-requirements relating to the same scenario information. The question will usually assess and link a range of subject canada revenue agency areas across the syllabus. It will require students to demonstrate high-level capabilities to understand the complexities of the case and evaluate, relate and apply the information in the case study to the requirements.
The examiner has stressed the importance of reading the case in detail, taking notes as appropriate and getting a feel for what the issues are. Scenarios may be drawn from any situation involving aspects of governance; this is likely to be, but need not be, in an organizational setting. Professional marks will be available in Section A for presentation, logical flow of argument and quality of argument.
Section B questions are more likely to assess a range of discrete subject canada revenue agency areas from the main syllabus section headings; they may require evaluation canada revenue agency and synthesis of information contained within short scenarios and application of this information canada revenue agency to the question requirements.
Although one subject area is likely to be emphasized in each Section B question, students should not assume that questions will be solely about content from that area. Each question will be based on a shorter case scenario to contextualize the question.
In this particular paper, there are some easy marks available for drafting the layout of report, memorandum, letter and business drafts. These are easy marks to secure so you should not miss them. These 3,4 marks can be the difference between failure and success of exam.
I have passed all my ACCA papers in first attempt and completed canada revenue agency my ACCA in 2 years. This is the reason I would like you to tell my approach of preparing this paper to increase your chances of success.
Approach is very simple, read everything from the study text of one topic and then go for the revision kit. I am sure, you will not be able to solve 90% of the questions but still try them. Highlight everything which comes to the revision kit in your study text. Next time when you will study it, it will be easier for you to concentrate canada revenue agency on more important areas while revising.
Another important advice is not waste too much time in writing one question. In this way, you would secure maybe 60% marks in that question but loose may be 100% marks for the questions you have not attempted as you wasted so much time on other questions.
Answer selectively the examiner will expect you to consider carefully what is relevant and significant enough to include in your answer. Don’t include unnecessary information. Present your answers in a professional manner use subheadings and leave spaces between paragraphs, make sure that your numerical workings are clearly set out. Even if you make a mistake in your calculations, you will still gain marks if you show that you understand canada revenue agency the principals involved. Answer all parts of the question leaving out a five mark part may be the difference between a pass and a fail.
It is also important to read entire syllabus and take help from other related material. canada revenue agency We have provided all the study material related to P1 Governance, Risk and Ethics on one place. You can download this by clicking on the below mentioned bold underlined words.
Related Posts: How to Pass F6 Taxation (UK)? How to Pass ACCA P2 Corporate Reporting? How to Pass ACCA F8 Audit & Assurance? How to Pass ACCA F7 Financial Accounting How to Prepare ACCA F9 Financial Management How to Pass ACCA F3 Financial Accounting Download canada revenue agency ACCA P1 Past Paper + Practice Questions (Question,… Download ACCA P2 CORPORATE REPORTING Past Paper + Practice… Download canada revenue agency ACCA F7 Past Paper + Practice Questions (Question,… Download ACCA F8 Past Paper + Practice Questions (Question,…
This entry was posted by Jv on January 19, 2014 at 2:55 PM under CA / ACCA Guideline . You can leave a response , or trackback from your own site. Follow any responses to this entry through the RSS 2.0 feed.
Useful Links Recent Posts
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