Paper P1 Changes for the December 2014 exams

P1 Syllabus changes:

Integrated reporting has been added to the syllabus.
Also, public sector governance has been added as a new subject area.

P1 Format changes:

There is no change to the format of the exam. It will remain a three-hour paper, with 15 minutes reading time.

There will be two sections to the exam:

Section A will be a compulsory 50 mark question.

Section B will be a choice of two from three 25 mark questions.