APMwhat to revise prior to studying p5

Hi, I extracted from a note to prepare for P5 as follow. " If you did not take Paper F5 (because of the change of syllabus) then you do need to work through the F5 topics (use the Course Notes available on OpenTuition). If you did take Paper F5, then make sure you revise the topics! You do not need to work through variances (chapters 12 & 13 of the F5 Course Notes) because P5 does not ask calculations on them. Transfer Pricing (chapter 17 of the F5 Course Notes) is important in general, but not too likely for the June 2010 exam, because it was asked in December’s exam. Performance Measurement (chapters 14, 15, 16 and 18 of the Paper F5 Course Notes) is particularly important – something from this is always asked in Paper P5 exams. Limiting Factors and Pricing (Chapters 6 and 7 of the Paper F5 Course Notes) are very unlikely to be asked in Paper P5. Risk and Uncertainty (Chapter 9 of the Paper F5 Course Notes) is not something that is often asked in P5, but it has not been asked for a while and so is worth studying for this times exam. 1. There are not many extra ‘learning’ topics for P5. However do work through the P5 Course Notes on OpenTuition – particularly Economic Value Added (part of chapter 8 of the P5 course Notes) and Predicting and Preventing Corporate Failure (chapter 12 of the P5 Course Notes). Note, however, that you cannot be asked numbers questions on Corporate Failure – you can only be asked to discuss it. 2. You will have already have taken the Paper P3 exam (or be taking it this time). Do be aware that he often asks essay parts of questions relating to what you learned for P3, and so do not be frightened of using your P3 knowledge. Chapter 1 of the Paper P5 Course Notes is a short summary of the more important areas from P3...." Hope it helps.

Hey many thanks for the info !!

Hi, I extracted from a note to prepare for P5 as follow. " If you did not take Paper F5 (because of the change of syllabus) then you do need to work through the F5 topics (use the Course Notes available on OpenTuition). If you did take Paper F5, then make sure you revise the topics! You do not need to work through variances (chapters 12 & 13 of the F5 Course Notes) because P5 does not ask calculations on them. Transfer Pricing (chapter 17 of the F5 Course Notes) is important in general, but not too likely for the June 2010 exam, because it was asked in December’s exam. Performance Measurement (chapters 14, 15, 16 and 18 of the Paper F5 Course Notes) is particularly important – something from this is always asked in Paper P5 exams. Limiting Factors and Pricing (Chapters 6 and 7 of the Paper F5 Course Notes) are very unlikely to be asked in Paper P5. Risk and Uncertainty (Chapter 9 of the Paper F5 Course Notes) is not something that is often asked in P5, but it has not been asked for a while and so is worth studying for this times exam. 1. There are not many extra ‘learning’ topics for P5. However do work through the P5 Course Notes on OpenTuition – particularly Economic Value Added (part of chapter 8 of the P5 course Notes) and Predicting and Preventing Corporate Failure (chapter 12 of the P5 Course Notes). Note, however, that you cannot be asked numbers questions on Corporate Failure – you can only be asked to discuss it. 2. You will have already have taken the Paper P3 exam (or be taking it this time). Do be aware that he often asks essay parts of questions relating to what you learned for P3, and so do not be frightened of using your P3 knowledge. Chapter 1 of the Paper P5 Course Notes is a short summary of the more important areas from P3...." Hope it helps.