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Is P4 a useful topic in real life?

Forums › ACCA Forums › ACCA AFM Advanced Financial Management Forums › Is P4 a useful topic in real life?

  • This topic has 2 replies, 3 voices, and was last updated 8 years ago by Avatarnon47.
Viewing 3 posts - 1 through 3 (of 3 total)
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  • June 27, 2017 at 4:42 pm #394198
    AvatarTeo
    Member
    • Topics: 8
    • Replies: 21
    • ☆

    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.

    June 27, 2017 at 5:16 pm #394206
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54843
    • ☆☆☆☆☆

    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 🙂

    August 29, 2017 at 1:35 pm #404054
    Avatarnon47
    Participant
    • Topics: 22
    • Replies: 30
    • ☆☆

    One of the most useful.

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