ACCA P1 Exam Tips June 2016 by BPP
We expect that the P1 exam in June will reflect previous sittings closely, 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 one 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.
The December 2014 exam tested content from two areas added to the syllabus for that sitting onwards – public sector governance and integrated reporting – so it is unlikely that you will see them tested again so soon, but make sure you have read the examiner’s technical articles just in case.
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 reflect those we have seen 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 one article on CSR strategy and strategic CSR – so keep checking to make sure you don’t miss any last minute additions.