ACCA P1 Governance, Risk & Ethics

Free online ACCA study materials and support for Paper P1

ACCA Paper P1 – Key to success

P1 Exam format

There is no change in June 2015 to the format of the exam. It will remain a three-hour paper, with 15 minutes reading time.

P1 December 2014/June 2015 Syllabus changes:

Integrated reporting has been added to the syllabus.

Also, public sector governance has been added as a new subject area.

Nature of the ACCA P1 paper

ACCA P1 Paper – Governance, Risk and Ethics – aims to develop a student’s knowledge and the skills to be able to exercise professional judgement and ethics in practical situations which they will inevitably face as qualified accountants.
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ACCA course notes

Free ACCA P1 notes

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ACCA video lectures

Video Lectures for ACCA P1 exams

To fully benefit from our P1 lectures you must use our course notes.

Introduction to Paper P1

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ACCA Flashcards

ACCA P1 Flashcards

Practice key terms and concepts using interactive flashcards for ACCA Paper P1!

Available in 3 sets with over 90 questions:

ACCA P1 Flashcards: Set 1 | Set 2 | Set 3

ACCA P1 December 2014 Exam tips

Technical articles from SA:

Public sector governance (2 articles)
Board diversification
Environmental accounting and reporting
COSO enterprise risk management

Integrated reporting (new to syllabus)
Ethics (technical article in P7)

Be prepared to need to use a calculator in the exam

Please Note

Tips should not be relied on – they are only intelligent guesses.
Their only purpose is to give you suggestions for topics to concentrate on in your last few days of preparation. Do not exclude other topics from your overall preparation.

Examiners Recommended Reading

Solomon, J (2006). Corporate Governance and Accountability Chichester: John Wiley and Sons.

Monks, A. G. and Minow, N Corporate Governance Third edition. Malden MA: Blackwell.

Crane, A. & Matten, D. (2003).Business Ethics Oxford: Oxford University Press.

Gray, R, Owen, D and Adams C (1996). Accounting and Accountability Prentice Hall, London.

These books are recommended by the examiner . If you are having problems with a particular paper, or if you want to do extra reading out of interest, then you might them useful.
The most efficient way of obtaining them is from Amazon in the UK.