Free online ACCA study materials and support for ACCA P3 Paper
ACCA Paper P3 – Key to success
Nature of the ACCA P3 paper
ACCA P3 Paper – Business Analysis – is concerned with analysing organisations, devising and deciding on strategic plans for them, and dealing with some aspects of implementing those plans. There is a significant use of F5 topics in the analysis and decision-making stages.
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Note:These course notes are not meant to replace study texts. To succeed in your exam, you need to get updated Revision kit from an ACCA approved publisher.
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Free ACCA P3 Lectures
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ACCA P3 Revision lectures
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ACCA P3 Flashcards
Practice key terms and concepts using interactive flashcards for ACCA Paper P3!
Available in 4 sets with 100 questions:
P3 question practice
It seems that some of the main-stream P3 revision kits do not address the new or enhanced areas in the syllabus very well.
Recent articles in SA magazine will certainly help you with the theory:
Business strategy and pricing (Feb 2011)
Business forecasting and strategy (Jan 2011)
Project management (Oct 2009).
You should also look at the examiner’s article ‘Business analysis – changes to the syllabus from June 2011? (Aug 2010).
All articles are listed at ACCA Website
It is also very important to look at the new P3 current pilot paper
However, that still leaves you with few practice questions to try.
Therefore, OpenTuition hopes to publish some questions and answers (not necessarily full 25 mark questions) that will provide you with question practice in the new syllabus areas.
ACCA P3 Revision Tests:
New P3 test – SWOT Implications Test
In doing a SWOT analysis in the exam it is important not just to say something like: “Weakness: Little spent on R&D”.
That would be doing little more than copying part of the question onto the answer sheet. Always think about consequences: try putting ‘therefore’ after the item identified to make you state consequences.
Take on line our new test for Paper P3
QUIZ – P3 Model Application Test
In P3 you need to be able to apply models to question scenarios, and usually the model that would be useful is not specified, or not specified directly.
See if you can identify which model would probably be most useful in the following circumstances.
Tips for ACCA P3 June 2013 exam
General business analysis: activity based costing; linear regression; generic strategies
Business process change: Harmon, swim lane diagram
e-Marketing – particular emphasis on pricing, including calculations
People – job design and motivation
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
Primary Texts:
Johnson G, Scholes K and Whittington R, Exploring Corporate Strategy: Text and Cases: Enhanced Media Edition (Enhanced Media Text & Case)
(2003)Chaffey D, E-Business and E-Commerce Management
Bratton J and Gold J, Human Resource Management: Theory and Practice
Secondary texts:
Tricker R and Sherring-Lucas B, ISO 9001: 2000 In Brief: 2000 in Brief (In Brief)
Pande P and Holpp L, What Is Six Sigma?
Grundy T and Brown L, Strategic Project Management, Thomson Learning (2002)
Schwalbe K, Introduction to Project Management, Second Edition
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.
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