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.
Structure of the ACCA P3 paper
Part A 50%: a single case study question. Typically, there are three or four pages of information provided in the question.
Part B 50%: two from three 25 mark questions. Typically, each question provides one page of scenario information.
Emphasis of the exam
The syllabus and study guide set out a large number of models (or frameworks) and these have to be known. However, it is rare for an exam to ask for the models to be described or explained. Exam questions expect you to apply the models to the information in the scenarios so that advice can be provided to the organisation.
How to pass ACCA P3 exam
When you are confident of a topic then practise as many past exam questions as you can. Remember, although Question 1 sets out a large and forbidding amount of information, you have 15 minutes reading time at the start of the exam. You should use that time to become thoroughly familiar with Question 1.
Exclusive Article for ACCA Paper P3
Essential F5 and F9 skills for P3
Some important methods and techniques that were introduced in the F5 and F9 syllabuses are assumed knowledge in the P3 syllabus. This article provides five simple examples to help revision of some of these topics.
Details of brought forward techniques can be found in the Study Guide.
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P3 Business Analysis Forums – post your questions to get from other students