Free online ACCA study materials and support for Paper P1
Essential ACCA links
Paper P1 Syllabus and Study Guide
P1 Past exam papers
P1 Examiners’ report
P1 Technical articles
P1 Examiner’s approach interview
P1 Examiner’s approach article
P1 Examiner’s study guide article part 1
P1 Examiner’s study guide article part 2
P1 Examiner’s analysis interview
P1 Pass rates
Professional Ethics Module
ACCA Paper P1 – Key to success
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.
Free ACCA P1 December 2013 notes
To fully benefit from these notes please access our free lectures below.
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.
Copyright: Selling or profiting in any way from these notes without our permission is prohibited. If you would like to use our course notes in your college, please check our OpenLicence for details.
Video Lectures for ACCA P1 exams
ACCA P1 Dec 2013 Exam tips
- 5 part 50 mark question touching on risk, ethics, environment, internal controls with 16 – 18 marks for drafting a report / briefing notes / press release / magazine article
- Corporate governance with internal auditors and internal controls. Risk management, committee, mitigation
- Sub committees under corporate governance, their roles, functions, objectives, make up
- Kohlberg and attitudes to ethics compared with Gray, Owen and Adams and their 7 sub-categories
Be prepared to need to use a calculator in the exam
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.