Nature of the ACCA P4 paper
ACCA P4 Paper – Advanced Financial Management – is concerned with managing the finances of a business, and is a continuation of Paper F9. There are a few new topics to learn, but most of the topics were introduced in Paper F9.
Structure of the ACCA P4 paper
There are two sections to the exam.
Section A contains ONE compulsory question of 50 marks.
Section B is a choice of TWO from three questions, each carrying 25 marks. There are 3 hours for the exam, plus 15 minutes of reading time.
Most of the questions are mainly calculation, although there are a fair number of written sections in each. One of the three choice questions is always completely written.
Emphasis of the ACCA P4 exam
Although a large part of the syllabus has already been examined in Paper F9, this examination is testing much more the application of this earlier knowledge. At least one of the two compulsory questions will almost certainly involve writing a report and will present you with a large amount of information. The difficulty is as much interpreting the given information, and deciding what is important, as being able to apply learnt techniques.
How to pass ACCA P4 exam
Use the OpenTuition ACCA P4 lectures along with the P4 Course Notes. Make sure that you are happy with the arithmetic, but also listen carefully to the lectures and check that you really do understand the techniques and the theories.
It is then of vital importance that you practise as many past exam questions as you can – especially from Section A. Do not expect to get the answers completely correct! In fact more often than not there is no ‘correct’ answer. It depends on what assumptions are made, and provided you make sensible assumptions (and that you state your assumptions) you will still get the marks – even if some of your assumptions differ from those made in the model answer.
See also:
P4 Advanced Financial Management Forums - post your questions to get help from other members and tutors
can anyone please give me further clarification on how to calculate the closing futures price ,if not given .tried it,on one question, using the example give by open tuition on but i got it wrong .instead of using the mid point spot rate ,they used buying rate of the spot to get the basis points .my question is how do we use the rate if its not mid point rate.
I am taking this paper in Dec for 2nd time last paper before I qualify I am going back to F9 before I start P4 think in order to pass need to fully understand
I have failed this paper this is my third attempt
am sitting for this paper for the third time. it’s only paper left. i need help pls!!!
Hi Gilbert! I am sitting for this paper a second time around in december. It is one of my last paper! It would be nice to have a dedicated study buddy so i can get through it in december and get it over with!
I failed this paperr for the second time and have started studying for the Dec exam session. It is the only paper left for me to complete the qualification. Anyone reading for this one paper please get in touch so that we may study together. I am in South Africa.
@gilbert, Im doing it for the first time this semester.. from India.. if you need a partner im ready.. do contact me at professoracca@gmail.com
@vmmansoor07, I need someone to share experiences and information with. What material are you using for your study?
@gilbert, Hi Gilbert! I am sitting for this paper a second time around in december. It is one of my last paper! It would be nice to have a dedicated study buddy so i can get through it in december and get it over with!
@pankajvs, I am ready right now. What material are you using for your studty?
Thanks to know this facts.