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Hello John/Gromit/Mike,
I have posted my question here too in addition to the P5 forums. Perhaps you could offer advice?
Many ThanksI have just failed P6 Tax (June 14) and I am wanting advice – is it wise to switch to P5 for Dec 14?
This is my last paper.
I am home study and have relied on Opentuition and Textbooks, however unfortunately Opentuition as we know cannot support P6.
I am struggling with the planning aspects of taxation – if the exam was like F6 I would sail through as I work partly in taxation.
In the past when I studied F5 I thought I struggled – but when I sat the exam I passed first time with a respectable 64.Could I pass P5 solely with Opentuition?
Could I do it in 4 months?
Is it very similar to F5?All those sort of questions and any advice would be very greatly appreaciated.
Marky
You could do P5 in 4 months. Although you you imagine most overlap would be with F5, I think most overlap is with P3. So stuff like stakeholders, PESTEL, 5 forces comes in again as well as F5 content such as transfer pricing and divisional performance evaluation. Quality and quality control is a new area that you won’t have covered before. Economic value added is also unique to this syllabus.
There isn’t a lot of brand new content, but the questions are often a bit odd and require an imaginative approach to answering. Therefore, question practice is key.
Thank you Gromit.
Ive taken your advice and the advice of others on the forum and made the decision to ditch P6 and move to P5.
I dont want to jinx it for myself – but Im actually finding P5 very interesting!
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