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ACCA P4 The Cost of Capital (part 1 – Cost of Equity)

VIVA

ACCA P4 lectures Download P4 notes

Reader Interactions

Comments

  1. reenadusara says

    August 4, 2015 at 12:35 pm

    Hello Mr John Moffat, this is the first time I will be using your P4 notes and the lectures. I noticed that there are Chapters 7-19 but not others after 19. Where can I find them?

    Also, are these lectures ok to use for sitting in Dec15? Do you advise to buy text book or the downloaded notes are sufficient?

    Thanks

    Log in to Reply
    • John Moffat says

      August 4, 2015 at 4:42 pm

      The lecture notes have chapters 1 to 29.

      There are lectures on chapters 7 to 24.

      The reason that there are no lectures on the other chapters in the lecture notes is because we do not lecture them on our tuition courses – they are for you to read. There are no calculations involved and are a combination of revision of basic P3 and F9, and are more background reading. There would be no point in simply reading out these chapters in lectures 馃檪 If anything in them puzzles you then you should ask in the Ask the Tutor Forum.

      The lectures are OK for December 2015 – we never leave out-of-date lectures on this website – they are reviewed after every exam.

      You don’t really need a text book (although the more reading you do the better) but it is vital that you have a current edition of a Revision Kit from one of the ACCA approved providers. The nature of P4 makes question practice even more vital that for the earlier exams.

      Log in to Reply
    • reenadusara says

      August 5, 2015 at 12:38 pm

      Thank you for your advise. However, I cannot see lectures from chapters 20-24 on the website.

      Thanks Reena

      Log in to Reply
      • John Moffat says

        August 5, 2015 at 12:48 pm

        Sorry – I had not realised that the lecture numbers have gone wrong. I will have them corrected.

        First, the lectures headed Chapter 17 in fact cover chapters 18 and 19.
        Also, the lectures headed Chapter 18 in fact cover chapters 20 and 21.
        (I will have the headings corrected).

        There are no lectures for chapters 21 onwards. The only one of those that does have calculations is chapter 24, but this is our revision of F9 (and if you need then you can find a lecture in the F9 section).

        Finally, there are no lectures on Chapters 15 to 17 of the lecture notes.
        Mergers and acquisitions are important, but the techniques involved are all covered in other chapters – there are no extra techniques. So for this, instead of repeating earlier chapters in the lectures, I have uploaded (under “Revision Kit Live”) lectures working through several recent exam question 1’s. They are worth watching anyway because they go through the way to approach the questions.

  2. precious says

    June 30, 2015 at 11:17 am

    please do i have to write and pass p2 before i will be allowed to write p4?

    Log in to Reply
    • John Moffat says

      June 30, 2015 at 11:38 am

      No – you can now take all of the P level papers in any order.

      In future please ask this sort of question in the Ask the Tutor Forum and not as a comment on a lecture.

      Log in to Reply
  3. Sakhi Abbas says

    May 9, 2015 at 10:53 am

    Dear admin,
    Where are chapters 1-6.
    I see that the video lectures start from ch7, please guide me where to get the missing chapters

    Thanks and regards
    Sakhi abbas

    Log in to Reply
    • John Moffat says

      May 9, 2015 at 12:35 pm

      There are no lectures for the first six chapters, and there never will be.

      The reason is that they contain no calculations – they are a combination of background reading and revision of P3.

      You should read them yourself. There would be no point in having lectures that could not do much more than read the notes to you. We do not lecture them on our courses.

      Log in to Reply
      • Sakhi Abbas says

        May 10, 2015 at 8:43 am

        Thanks mate

  4. ahmedhydri says

    April 8, 2015 at 7:33 am

    Dear Admin,

    Please assist me, how can i download lecture videos or audio?

    Thanks

    Log in to Reply
    • John Moffat says

      April 8, 2015 at 8:31 am

      Lectures cannot be downloaded – they can only be watched online.

      It is the only way that we can keep this website free of charge.

      Log in to Reply
  5. claireshelly says

    March 28, 2015 at 12:11 pm

    Hi John I failed P4 with 49% at the last sitting after studying with Kaplan classroom courses in Leeds. As I was late handing in my assessment with them my guaranteed pass would not be withheld and I would have had to have paid 1500 again to go back to the classroom. Kaplan were not interested unless I paid again.

    I would like to say that your lectures are concise, very well presented and clear. I am sure with your help I will pass in June.
    Thank you so much for this great facility you provide.

    Log in to Reply
  6. alinase says

    March 24, 2015 at 3:21 am

    this is my second attempt for p4 I really hope I will pass this time

    Log in to Reply
  7. berries says

    March 5, 2015 at 4:59 pm

    Hi John…im currently listening to the P4 lectures. I can hear your voice very clearly, but I cant see what you are explaining,,,no pictures(blank)…please what can I do,,thanks

    Log in to Reply
    • John Moffat says

      March 6, 2015 at 8:48 am

      I don’t actually start writing anything until 1 minute 49 secs into the lecture.
      If you still see nothing after that time then go to the technical support page (the link is above) for help.

      Log in to Reply
      • berries says

        March 6, 2015 at 6:46 pm

        Thanks Joh,. its now working

  8. knitrails says

    February 16, 2015 at 5:05 am

    couldnt download this videos why?

    Log in to Reply
    • John Moffat says

      February 16, 2015 at 9:20 am

      Because lectures can only be watched online – they are not downloadable!

      It is the only way that we can keep this website free of charge.

      (The Lecture Notes that are needed while you watch the lectures can be downloaded.)

      Log in to Reply
  9. Mahoysam says

    February 12, 2015 at 4:55 pm

    Hi Mr John

    A little late but I would like to say thank you! I passed P4 on first attempt at 60% and now I am qualified. You have been by far the best teacher I have ever had, you got me through F2, F3, F5, F9 and now P4. Many thanks for your efforts and for the time you have spent answering my lengthy questions, I wouldn’t have been able to pass a lot of these papers if it wasn’t for you.

    Keep up the great work you are doing and I will stay around! 馃檪

    Log in to Reply
    • John Moffat says

      February 12, 2015 at 8:51 pm

      Thank you, and many congratulations 馃檪

      Log in to Reply
  10. amelia85 says

    February 12, 2015 at 10:21 am

    Example 4 dividends and market value grow at the same rate as calculated ie. 6.75%. Is this an assumption or?

    Log in to Reply
    • John Moffat says

      February 12, 2015 at 10:48 am

      In theory the market value will be expected to grow at the same rate as dividends (because the market value is determined by expectation of future dividends).

      Log in to Reply
  11. Seiko says

    February 12, 2015 at 10:12 am

    Are these videos okay for the june 2015 exams? – since there have been slight changes in the syllabus.

    Log in to Reply
    • John Moffat says

      February 12, 2015 at 10:47 am

      Yes they are OK.

      Log in to Reply
  12. harryamoatey says

    January 1, 2015 at 6:23 am

    the is no video for the p4 note. it seems it has been taken down

    Log in to Reply
    • John Moffat says

      January 1, 2015 at 9:42 am

      The video has not been taken down and is working fine.
      Any problem must be at your end – you should visit the support page (the link is above).

      Log in to Reply
      • harryamoatey says

        January 2, 2015 at 6:36 am

        thanks for the reply john, the only video on all the topic is a video of p5 were the lecturer is answering a question. i have used a different computer and still i get the same result. the video there is p5 and not p4. i encountered the same problem with p7 which had videos for the first 5 topics and after that the is no video relating to the other topics, the only video there is p5. i do not know what is really going on but i will check with a friend. just wanted to bring it to your attention. if any student is having the same problem please let me know

      • harryamoatey says

        January 2, 2015 at 2:34 pm

        it is working now john, sorry for worrying you.

  13. cjulien04 says

    December 16, 2014 at 12:50 pm

    I can’t get any of these videos to work. Currently also watching P1 which is fine, the issue seems to just be with P4 videos

    Log in to Reply
    • John Moffat says

      December 16, 2014 at 1:10 pm

      The problem must be at your end because the lectures are working fine. Have a look at the support page (the link is above) and if that does not help then leave a message there.

      Log in to Reply
      • cjulien04 says

        December 16, 2014 at 3:25 pm

        Hi John,

        The issue can not be at my end as I can watch the P1 visits fine.

        The videos start but 10 seconds in and the video stops playing

      • John Moffat says

        December 16, 2014 at 3:27 pm

        Sorry, but it must be at your end because the lecture it working fine!
        (I don’t write anything until about 01:48, but I am still talking 馃檪 )
        Try another browser – that might help.

      • cjulien04 says

        December 16, 2014 at 6:10 pm

        Okay than you for your reply. Much appreciated

  14. idakwoji says

    September 15, 2014 at 6:17 pm

    is the lecture note same as course note?I have the course note but will like to have the lecture note

    Log in to Reply
    • John Moffat says

      September 15, 2014 at 6:31 pm

      The Course Notes are the Lecture notes 馃檪

      Our free lectures use the free Course Notes.

      Log in to Reply
  15. cona700 says

    August 14, 2014 at 3:58 pm

    Now I get it. I have been in the dark.

    Log in to Reply
    • John Moffat says

      August 14, 2014 at 5:07 pm

      Great 馃檪

      Log in to Reply
  16. mohideen says

    August 12, 2014 at 9:52 am

    Hi

    There are no lectures from Chap 1 to 6.

    Also I had failed my P4 in June 2014 and would be attempting again.

    Any guide on what I should do.

    Thanks
    Mohideen

    Log in to Reply
    • John Moffat says

      August 12, 2014 at 10:49 am

      The reason that there are no lectures for the first six chapters is that they are more a combination of background reading and topics that you will have studied for earlier papers (particularly P3). We do not lecture them on courses (and the Course Notes are what we use on courses) – they are for reading.

      I am sorry that you failed in June – obviously you want to make sure that you are successful in December.

      I assume that you had studied hard prior to June and are therefore have covered the syllabus.
      What I suggest you do is use our lectures and course notes to revise what you learned previously. Most importantly you must practice as many questions as you can, using a Revision/Exam Kit from one of the approved publishers. (If you used one for the June sitting, then get hold of one from another publisher so that you have different questions.)
      Make sure you attempt them properly before looking at the answers, and then learn from the answers.
      Appreciate that in P4 there is rarely one correct answer – much depends on making assumptions, and provided your assumptions are sensible then you will still get the marks.
      Don’t concentrate just on the calculations – there are an enormous number of marks in the exam for the written parts of questions and you cannot pass without producing reasonable answers to the written parts.

      Whenever you come across anything that you realise you do not really understand, or that confuses you, then do ask in the P4 Ask the Tutor Forum and I will do my best to help.

      Log in to Reply
  17. Mahoysam says

    June 16, 2014 at 7:38 pm

    Hi Mr John,

    I have seen some of the comments and I kind of got worried/confused. I gave P1, P2 and P3 in June 14 session, I am very hopeful as regards P1 and P3 and I feel that I should be able to pass them, however, I am not so sure about P2 and I was planning that if I fail it (hopefully not!) I will reattempt it in December along with P4 and P7. But now I saw some comment about how I should pass the first three Ps first and all, kindly advise.

    Thanks, Maha

    Log in to Reply
    • John Moffat says

      June 16, 2014 at 8:05 pm

      It is no problem – to take P4 and/or P7 you must either have passed P1 to P3, or be taking them at the same sitting.

      So if you have failed P2, then you can take P2 plus P4 and P7.

      (What you cannot do is just take P4 and P7 alone if you have failed P2)

      Log in to Reply
      • Mahoysam says

        June 16, 2014 at 9:40 pm

        Wow! I really had no idea that I cannot leave P2 out when attempting the advanced papers, it is not a problem for me at all, I actually have to reattempt with the rest (in case I failed) if I wish to finish in December, but it is surprising since ACCA has been always flexible about the papers sequence.

        Anyway, thank you Mr John for the good information and prompt response, as the usual! 馃檪

        Maha

  18. kimberly101 says

    April 29, 2014 at 1:05 pm

    I’m having problems viewing the video lectures. Can anyone help please?!

    Log in to Reply
    • John Moffat says

      April 29, 2014 at 3:18 pm

      The lectures are working fine.

      Please look at the technical support page – the link is above – and you should find a solution there.

      Log in to Reply
  19. sonria says

    December 29, 2013 at 8:24 pm

    Hello Sir,

    Season’s Greeting! I hope you had a great holiday and that 2014 is a great year for you.

    I am writing to ask for some advise please: I do not have a tuition provider in my city and therefore my current method is self study using the BBP books, Open Tuition (thank you very much) and past exam papers. I am only able to take one paper per exam sitting as I work full-time on a reduced hours basis. Having said that, while studying for paper F9, I was dreading paper P4 as I was not very happy with this subject even though I felt comfortable with some parts of this syllabus. However, I recently sat paper F9 on Dec 6th and although it was not extremely easy nor difficult, I was able to answer all parts of each question and so I am hoping for a pass. Can you please advise whether I should purchase the text and begin studying for paper P4 since F9 is still very fresh in my mind and I’ve gained a level of confidence I didn’t seem to have before I took the exam? Or would you advise me to continue in the normal sequential order of sitting paper P1 in June? followed by P2 in Dec?

    I’ve read as much articles I can about how to choose your options but am still unsure as I was previously planning on sitting the Tax and Audit papers when the time arrived. I currently work in the Insurance industry as an Accounting Clerk and so I do not have enough financial nor performance managerial experience to guide in this decision. However, my ultimate dream is to one day become a professional tutor such as yourself.

    Kindly advise. Thank you,
    Sonria

    Log in to Reply
    • John Moffat says

      December 29, 2013 at 8:30 pm

      I am afraid that the ACCA does not allow you to take P4 until you have passed P1, P2 and P3. You have to take these first.

      The only way round it is to take P1, P2, P3 and P4 at the same time, but that is a lot to try and pass in one sitting. You can of course apply for all four of them and not turn up for all of them – any you pass will still remain passes – but it is an expensive way of doing it.

      Log in to Reply
      • sonria says

        December 31, 2013 at 3:51 am

        Thank you very much sir,
        I was not aware of this. You’ve really helped me a lot. I will take P1 in June and P2 in December.
        Thanks again for always being there for us,
        Sonria.

  20. daviesks says

    December 17, 2013 at 11:42 am

    Hello, I’d be grateful if you could let me know whether you plan to put up new notes/lectures for the June 2014 exam, or whether we should just get stuck into these ones.

    Thanks for everything.

    Log in to Reply
    • John Moffat says

      December 17, 2013 at 12:55 pm

      There will be new notes, but only corrections and a few extra chapters.
      However the syllabus is not changing and so you can start using the existing ones 馃檪

      Log in to Reply
      • daviesks says

        December 17, 2013 at 12:57 pm

        Great, many thanks.

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