September 7, 2017 at 9:00 am
I just sat for my P1 yesterday and I want to attempt P3 in December 2017. Is possible to study and pass P3 in the remaining months? If so what strategy should I employ?
thanksSeptember 7, 2017 at 5:43 pm
Three months should be enough time.
Read the OT notes and listen to our lectures, but it is VITAL to have lots of question practice and we recommend you buy a revision kit. You can get a 20% discount ordering a BPP kit through this site. I wouldn’t bother with a textbook.
P3 has many theories/frameworks, but you are rarely, if ever, asked to explain these. Instead you have to apply the techniques to the scenarios presented in the questions. That’s why question practice is so important and why a textbook can tempt you to spend too long learning material when you should be applying it to questions.September 13, 2017 at 12:18 pm
I too want to sit for P3 for December 2017 session which makes roughly 70-75 days for preparation starting ground zero as I have only ever sat for one ACCA paper (this September 2017 session of P1) and have no idea what is there in P3.
My college professor, who is an ACCA and ICAP (CA Pakistan) member himself, told me to firstly go over study text of P3 (unlike P1 where he only told me to go for past papers) and understand thoroughly P3 study text abd then go over to the revision kit (past papers).
Moreover, he has suggested me to start with P2 study text for March session because firstly it is hard and secondly P3 is all theory and it may get boring all the way studying theory.
So, what will be your suggestion over it? Given my professor is a 1999 ACCA. And I wouldn’t question him that is he suggesting me from his experience or what the students require nowadays.
Abdul AhadSeptember 13, 2017 at 2:22 pm
With respect to your professor, P3 is not all theory. Of all the papers, P3 tells you how to get rich! There are theories of course, but it is the application of the theories to questions that makes it interesting.
P2 is difficult (though it is not a paper I am into)…. all those boring IFRS’s telling how to prepare your FS once P3 has made you rich.
Concentrate on P3. Look at P2 if you want, but keep itmon the back burner.September 14, 2017 at 7:27 am
So you recommend going about the revision kit/past papers only thoroughly?September 14, 2017 at 8:46 am
Our notes and lectures provide the theory in sufficient depth. Then do questions.September 18, 2017 at 7:56 pm
Just want to say, I absolutely love how you said P2 is for how to account for all that money you made with P3 hahahaSeptember 19, 2017 at 9:14 am
: – )
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