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Hi Mike,
Hope you are well.
I am left with 3 final papers of ACCA- P1, and 2 options. One option paper that i am doing is P4. i am confused whether to do P7 as the second option or not. I was exempted from the fundamental level paper of audit for ACCA and i have studied audits in India over 2-3 years ago.
As I want to finish ACCA by December 2016, I cannot do P5 as P1 & P5 fall on the same date.
Please advise what I should do now, considering that I have finished the P4 lectures and notes and plan to finish the exam kit for P4 in a week.
I have not started P1, but I think I would need 15 days for that as I am a full time student. Similarly I am thinking of taking 15-17 days for P7.
Please advise me on this.Thanks
Also, if I do P7, would the P7 OT notes be sufficient for revision and basic knowledge of audits, as usually I have seen for other professional papers like P2, P4, the fundamental level topics have been discussed properly in their notes.
“Also, if I do P7, would the P7 OT notes be sufficient for revision and basic knowledge of audits, as usually I have seen for other professional papers like P2, P4, the fundamental level topics have been discussed properly in their notes.” – why not download the F8 notes and watch Ken’s F8 video lectures. That would give you a sound basis for moving on to P7
You are asking whether you should take P7 as your second option paper. There really is no choice, is there (unless you fancy a self-studied advanced tax paper!) If you’re aiming to qualify by taking all remaining exams in December, then it has to be P7 with P1 and P4
I believe that you’ll find that success in both P1 and P7 are papers that rely heavily upon a student’s ability to apply common sense and a whole lot of examination technique
Have you got both of those in abundance? Then P1, P4 and P7 is attainable
Thank you so much Mike for the advice. But do you think it would be practical to watch all F8 lectures and read notes, in such a short period of time?
I certainly do – you’re a full time student – you can get through those lectures in 2 days max (with effort and motivation)
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