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Forums › ACCA Forums › ACCA AFM Advanced Financial Management Forums › Is P4 a useful topic in real life?
I mean not for finding jobs, just that it is useful for an accountant? I’m considering whether to take it as the 3rd optional paper. Any advice is greatly appreciated.
It depends on the type of company that they are an accountant for.
If it is a large company then they are quite likely to need to advise on whether or not to invest in new project, to advise on how much to pay (and how to pay) to acquire other companies, and to advise on how to reduce the risk of interest rate and foreign exchange rate changes (if they are borrowing money or if they have transactions with foreign companies).
In this case, P4 is incredibly useful 🙂
One of the most useful.