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How do I Approach P1?

Forums › ACCA Forums › General ACCA Forums › How do I Approach P1?

  • This topic has 7 replies, 4 voices, and was last updated 13 years ago by MikeLittle.
Viewing 8 posts - 1 through 8 (of 8 total)
  • Author
    Posts
  • March 25, 2012 at 10:40 pm #51991
    mizsj
    Member
    • Topics: 2
    • Replies: 3
    • ☆

    Hello,

    I sat my p1 exam in December and failed with a mark of 30. I don’t understand how to approach this paper, as there is too much to take in.

    Could someone please advise me on how to approach this paper in the best way.

    Thank you

    March 27, 2012 at 6:32 am #95812
    ansi
    Participant
    • Topics: 119
    • Replies: 757
    • ☆☆☆☆

    Well,

    It’s a P level paper, so ensure that u approach it not only by studying from your books. But also by reading business newspapers and getting to know , say, biggest corporate governance problems that happen around the world.

    Ensure that you know what are professional marks and how to lay out your answer so as to get them. Don’t ignore those!

    Try to analyze marks allocation schemes for past exam questions. And try to attempt those questions yourself. See if u can get at least 70% by those yourself or more. IF u can’t, revise, practice again and again.
    It’s hard to get 100 , but it’s possible to get 50.

    You already studied the whole book i suppose, however, maybe there are still areas in which u feel weak, which u dislike or don’t undersatnd. Make an effort and study those. Be honest with yourself. You success depends only on you. If u can’t undersatnd something, post your questions here at forum, post at P1 tutor;s forum. Our tutor mikelittle is quite helpful and has a perfect knowledge of this subject.

    Revise and practice again and again. Do exam focused study. Don’t waste too much time just reading a book! practice instead and try to understand the subject , try to like it , as in fact, it is quite interesting!

    good luck

    March 27, 2012 at 10:47 am #95814
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23334
    • ☆☆☆☆☆

    “Our tutor mikelittle is quite helpful” ?!?!

    Only “quite” helpful?

    March 31, 2012 at 2:39 am #95815
    mizsj
    Member
    • Topics: 2
    • Replies: 3
    • ☆

    Thank you very much for your respond. To be honest I have gone through all the book, but I believe I did not practiced enough questions, i think that is why i failed.

    April 6, 2012 at 7:16 pm #95816
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23334
    • ☆☆☆☆☆

    Have you ever noticed just how many “events” / ” happenings” occur in any single day around the World which are in some way related to P1 and its corporate governance, risk and ethics.

    Company takeovers, company liquidations, austerity measures and their consequences in Greece, the uprisings across the North of Africa against “repressive” regimes ( and the ability of “tyrannical” / “non-accountable” rulers to upset the population to the extent that they are prepared to give their lives in revolt against the oppression), the apparent lack of corporate governance in the West which led to the meltdown in the financial markets – bankruptcies, liquidations, Behrens, Madoff, government financial rescue packages, Royal Bank of Scotland, Northern Rock, a 49% rise in the levels of the CEOs of the FTSE 100 companies compared with the 3% rise in pay rates enjoyed by “the workers”. The killing of a young black American by a racially prejudiced neighbourhood watch representative, the shooting ( 28 times! ) of an off-duty black policeman by 4 police officers when the off-duty officer was stopped for driving up a one-way street the wrong way, the annual slaughter of 850,000 whales by the Japanese whaling fleet for “research” purposes, the removal of the top two guys in a Baltic country’s security squad because they failed a polygraph test to determine who leaked information about the government’s proposed takeover of one of the banks,………………………..

    The list is endless. It goes on and on. And every day the list lengthens.

    Einstein is quoted as saying “There are two things in life which are infinite. The Universe and human stupidity. And I’m not sure about the Universe.”

    Personally, I think if Einstein had studied P1, he would have added “new examples of World-wide matters which are relevant in a P1 context”

    Can you see where I’m going with this? Are you relating what happens in the World today with your P1 studies? Or are you stuck with your head in a study text?

    P1 is a TOTALLY THRILLING paper. It is SO FANTASTIC.

    Read the World news from the internet, watch the television news – CNN, BBC, Sky. Watch the streamings on Blomberg.

    GET EXCITED! And enjoy

    April 6, 2012 at 7:18 pm #95817
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23334
    • ☆☆☆☆☆

    …..49% increase in the salary levels …..”

    April 7, 2012 at 4:26 am #95818
    jackchitan
    Member
    • Topics: 4
    • Replies: 27
    • ☆

    interesting I have realised that the only way to pass this paper is to like it and read widely also applying some common sense to matters as they say ‘what would a saint do’

    April 7, 2012 at 6:49 pm #95819
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23334
    • ☆☆☆☆☆

    Wow! Those quotes sound like you were in my course last week!

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