Exam date:
Monday 14 June 2010
Examiner: David Campbell
Paper P1
Professional Accountant
Paper P1 Syllabus and Study Guide
Syllabus and study guide
Past exam papers
Examiners' report
Examiners' guidance
Technical articles
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Audio Lectures for Paper P1
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- Introductory to Paper P1
- Chapter 1 Corporate Governance (part 1)
- Chapter 1 Corporate Governance (part 2)
- Chapter 1 Corporate Governance (part 3)
- Chapter 2 Approaches to Corporate Governance (part 1)
- Chapter 2 Approaches to Corporate Governance (part 2)
- Chapter 2 Approaches to Corporate Governance (part 3)
- Chapter 3 The board of directors (part 1)
- Chapter 3 The board of directors (part 2 - Listed entity requirements)
- Chapter 3 The board of directors (part 3 - CC sub divions)
- Chapter 3 The board of directors (part 4 - CC sub divisions)
- Chapter 3 The board of directors (part 5 - Structure of the board)
- Chapter 3 The board of directors (part 6 - Directors appointment)
- Chapter 4 Board committees - Audit committee
- Chapter 4 Board committees - Internal control systems
- Chapter 4 Board committees - Internal audit
- Chapter 4 Board committees - Reporting on internal controls
- Chapter 4 Board committees - Remuneration committee
- Chapter 5 CG and CSR (part 1)
- Chapter 5 CG and CSR (part 2)
- Chapter 6 CG and Control Systems
- Chapter 7 Auditors and Internals Controls
- Chapter 8 Management Information Systems
- Chapter 9 The Risk Management Process (part 1)
- Chapter 9 The Risk Management Process (part 2)
- Chapter 9 The Risk Management Process (part 3)
- Chapter 9 The Risk Management Process (part 4)
- Chapter 10 Controlling Risk
- Chapter 11 Ethics and Social Responsibility
- Chapter 12 Deontology and Teleology
- Chapter 13 Social Responsibility (part 1)
- Chapter 13 Social Responsibility (part 2)
- Chapter 14 Professions and the Public Interest (part 1)
- Chapter 14 Professions and the Public Interest (part 2)
- Chapter 14 Professions and the Public Interest (part 3)
- Chapter 14 Professions and the Public Interest (part 4)
- Chapter 15 Professional Practice and Codes of Ethics (part 1)
- Chapter 15 Professional Practice and Codes of Ethics (part 2)
- Chapter 16 Ethical Characteristics of Professionalism
- Chapter 17 Social and Environmental and Ethical Behaviour
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To fully benefit from these podcasts please download our course notes.
Paper P1 Course Notes (June 2009)
Please note that these course notes are not meant to replace study texts.- Chapter 1 - Corporate Governance
- Chapter 2 - Approaches to Corporate Governance
- Chapter 3 - The Board of Directors
- Chapter 4 - Board committees – audit committee
- Chapter 5 - Corporate Governance and Corporate Social Responsibility
- Chapter 6 - Corporate governance – control systems
- Chapter 7 - Auditors and Internal Controls
- Chapter 8 - Management Information Systems
- Chapter 9 - The Risk Management Process
- Chapter 10 - Controlling Risk
- Chapter 11 - Ethics and Social Responsibility
- Chapter 12 - Deontology and Teleology
- Chapter 13 - Social Responsibility
- Chapter 14 - Professions and the Public Interest
- Chapter 15 - Professional Practice and Codes of Ethics
- Chapter 16 - Ethical Characteristics of Professionalism
- Chapter 17 - Social and Environmental and Ethical Behaviour
Please note that these course notes are copyright.
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Examiners Recommended Reading
Solomon, J (2006). Corporate Governance and Accountability Chichester: John Wiley and Sons.
Monks, A. G. and Minow, N Corporate Governance Third edition. Malden MA: Blackwell.
Crane, A. & Matten, D. (2003).Business Ethics Oxford: Oxford University Press.
Gray, R, Owen, D and Adams C (1996). Accounting and Accountability Prentice Hall, London.
These books are recommended by the examiner . If you are having problems with a particular paper, or if you want to do extra reading out of interest, then you might them useful.
The most efficient way of obtaining them is from Amazon in the UK.
ACCA Paper P1 June 2009 Exam tips
Question 1
Typical Paper P1 - Question 1 - look at last 8 (?) questions from BPP revision kit - lots of corporate governance, audit committees, internal auditors
Question 2
Risk and environmental auditing - see examiner's article from April 2009 Student Accountant
Question 3
Ethics - a scenario question looking for advice and comment on different ethical attitudes
Question 4
A discussion question about the advisability of the requirement of appointing neds to public company boards
Please Note
Tips are only intelligent guesses.
Their only purpose is to give you suggestions for topics to concentrate on in your last few days of preparation. Do not exclude other topics from your overall preparation.