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    • But other audit firms will pick up those clients and the damaged firms will themselves pick up the clients of other damaged firms

      It’s all part of life’s rich (audit) merry-go-round

    • It certainly IS and, even though you haven’t specified which year’s December you are referring to, it will most likely be relevant right up to the time when P1 loses its identity and is merged with P3

      OK?

    • The speed of change in P1 is slower than an Ultra Heavy Bulk Carrier can stop in the English Channel

      In other words, there’s not much likely to change in any 10 year period that is going to change the shape of examinable material in the P1 syllabus

      The course notes are perfectly appropriate and absolutely relevant to your 2017 examination

      OK?

      And, please, next time, whenever you have a question that is not DIRECTLY relevant to the video that you are watching, post your question on the Ask ACCA Tutor forum

      Thanks

  9. Hi! I’ve downloaded the P1 notes from this website for sep/dec 2016 exams and i would like to know if the notes would still be relevant for march/june 2017 exam sittings?

  14. Hi,

    I am a bit confused about a particular question in corporate governance. If it asked us to “explain what is meant by the concepts of corporate governance then asked to asses their importance as underlying principles in corporate governance”; isn’t it that the definition provided in the lecture notes too brief(as it is not answering to the second part of the question)?

    • “isn鈥檛 it that the definition provided in the lecture notes too brief(as it is not answering to the second part of the question)?”

      the definition in the course notes is …… a definition

      So how can it be too brief?

      If you’re concerned about that part of the requirement that asks:

      “explain what is meant by the concepts of corporate governance then asked to asses their importance as underlying principles in corporate governance” ….

      …. surely the rest of that day’s lectures (and beyond) is filling out the concepts of corporate governance!

      And what on Earth have donkeys got to do with this? You’ve got me confused by bringing in the animal element

      • Hi Mike,

        Thanks for your response and I’m sorry I can’t read between the lines(the donkey thing).

        I saw this question and a definition is indeed a definition, applying to the first part of the question. So that’s why I was unclear of how to answer the second part, how can we assess their importance? I’ve gone through the whole lectures but couldn’t relate. Maybe I’m just dumb.

        Thank you

      • Surely, the concepts are listed on page 5 – honesty, accountability, integrity, responsibility, decision making, reputation, independence, fairness, transparency? Together with the recently added two of innovation and scepticism

        That page is actually headed “corporate governance concepts”

        As for the asinine reference, you’ve changed your spelling from:

        “…. then asked to asses their importance …..” to

        “how can we assess their importance”

  15. Hi, Mike. I have joined Sept 2016 exam, may I know when will update the content related to Sept Exam? Or it is not much change between Jun And Sept? Thanks so much.?

    • Whenever I look at a revised syllabus for P1 I’m reminded of the thought processes and reaction time of a dinosaur

      Wasn’t there a natural history programme that proved that the time taken for a message from the tail of a dinosaur being attacked to reach its brain and be forwarded on to its feet (telling them to run) was approximately 4 weeks

      The P1 syllabus changes as fast and as momentously as a drugged slug competing in a marathon

      In brief, there are no updates planned (nor necessary, in my view) so there’s no excuse for delaying your start in learning about the wonders of P1

      And, of course, I look forward to continuing dialogue with you as you come across issues that you don’t immediately understand

      However, please post these continuing questions on the Ask ACCA Tutor forum – that way all students will have a better chance of seeing your questions and my responses

  16. Hi
    Any advice for p1 I’m upset with this paper try in December March not pass
    Only 4 papers left to affiliate but disappoint with this paper

      • Hello Mike,

        I will be sitting P1 in coming Sep’16 exam. Are the lecture notes and materials for Mar/Jun 2016 exam valid for Sep examination? Please advise if there are any new study material for Sep. Thanks in advance.

      • Hello Mike, I just wanted to say thank you for sharing the learning materials for exam preparation. I finally passed P1 in Sep sitting by referring them. They are so helpful, and I can’t enough thank to you and the whole Opentuition team for being such a huge part of my ACCA journey.

        Thanks,
        Kristine

      • That’s good of you to let me know Kristine and very well done. Now on to the last few and, before you know it, you’re a qualified ACCA associate

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