Progress

Hi Siyaj,

There isn’t a point you should be at as such however I would leave at least six weeks for question practice.

You’ll find with P4 that the questions are repetitive, so by constantly practising you’ll become adept to the style & approach to answering them.

By far futures & options are frequently tested therefore if you follow the standard approach, you can’t go wrong, the acronym or pop group from back in the day to remember is ten cc – type of contract, expiry of contract, no. of contracts, close out contract & convert at spot rate.

I found the David Evans book invaluable, it walks you through financial management from the basics to the complex stuff.

Remember you won’t get most of it right first time, but over time it’ll make sense, you won’t get the right answer but credit will always be given for the correct working.

P4 questions also take a broader scope so text book regurgitation alone will not help you, read widely & make well informed, professional judgements if the company in the scenarios were yours.

So long as you cover the syllabus, in particular Npv, forex(risk management) & business valuations practice plenty of past questions such as tisa, makonis, keshi, etc & you’ll be fine.

Best of luck.