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  2. hi….mike i select p1 for june session…along with f6 and f9….i do not know what to do…..can i cease my fee for september….plz guide me…..or what do u think how can i prepare myself in such a short time ….plzzz guide me

    • Horses for courses! Some prefer to start with 50 marker, others would opt for 25, 50, then 25

      I think in the 15 reading time you should read the requirements of questions 2, 3 and 4 and decide which one you are going to leave.

      Personally, I would then read that question that you have decided to leave – there could be something in there to assist you with the three that you will answer.

      Then move on, still within the 15 minutes, to read the 50 marker requirement first followed by the bulk of the question together with highlighter pen.

      Again, from a personal perspective, I think I would start into the answers for question 1. It’s still fresh in my mind and I’ve already got the basis of planned answers by the use of the highlighter.

      In total, I have a nominal 90 minutes for this question of which 25 minutes should be thinking of points to include in a written answer. (This is your planning time!). Think of 50 separate points, spread over the 5 or 6 parts of the question, that you can put into your written answer.

      And then write! You have 65 minutes to write out those 50 points, so be very succinct in making them. Short sentences, each with just one point. Leave a line between sentences. Group together similar points, but don’t have grouped ideas of more than say 3 / 4 in a group

      After 90 minutes, stop! Move on to a short question and repeat the exercise – plan for 12.5 minutes then write 25 points in the next 32.5 minutes.

      After 45 minutes, stop! And do the same again

      That’s how I would tackle the exam

      Hope that helps

      • Are we allowed to use “Highlighter” to highlight the important points in the question during the exam. Can “Pointer” be used to write in the exam?

      • The reason is that generations have been trying to predict their performance in ACCA exams and generations have failed – often by a substantial margin

        It’s a futile exercise to attempt such a prediction so don’t waste your time and effort trying

  7. Mike Little,I just love these lectures, smashing sense of humour, very informative…you make everything seem so easy and appear to be common sense…which by the way doesn’t seem to be so common these days….! I did really well in F4 all because of the lectures and i think i will pass this paper as well. Thank you so much for this resource that your company has made available to us free of charge.

  8. Hi Mike Little,
    thank you for all your video lectures, they are a helpful alternative to studying from the text book which can be mind dulling! just one question if you don’t mind please Mike. In the P1 syllabus it states that the structure of the board should not be dominated by any individual or any group. However, a common characteristic of a single tier board is that control and management are in the hands of a single group of directors. Is this a contradiction between the two points or have I just misinterpreted the info! thanks again Mike you are brilliant at what you do and your lectures are actually quite entertaining!

    • Only “quite” entertaining! Now I’m upset

      馃檪

      The unified board is – as you suggest – a single group of people. But within that board there are the execs and the non-execs. In addition, the Chair and the CEO are both present on that unitary board.

      So the Chair is not able to dominate because the CEO is there as a balance. Equally, the CEO cannot dominate because the Chair is there to balance.

      And the same comments go for the execs (because the non-execs are a balance) and the non-execs (because the execs balance them)

      OK?

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