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Choosing Paper P4

+2 Votes
Choosing Paper P4

What made you decide to choose Paper P4 as an option paper?

March 21st 2014 AN ACCA USER, EDITOR 1,350 Points

13 Replies

+4 Votes

Well it is all quite simple.

It is all depends:

  • on your further career path
  • country we are you working or planing to work. Emerging markets for example requires from you more knowledge in strategy and financial management, then taxation and audit.
  • industry where are you planing to work or working on.

If you wish to become an auditor in UK, it is mandatory for you to pass P7, and as other option it is more valuable to take P6 (Taxation), because of complexity of transaction involved. So no P4 and P5 (which doesn't bring any value, because all procedures already prescribed)

If you want to work on the field of corporate finance, and you don't want to pass CFA, P4 is a good alternative. It gives good knowledge in calculation of business cases (which in the reality much complicated then described in syllabus or exam kit), however it may not work in the reality. I saw many of professionals who don't either CFA of ACCA and still involved in corpfinance and performes sensible calculations or sometimes it doesn't required at all.

So in the end, comparing all of the four option papers, the P4 is one of the most valuable from them.

p.s. Hope you find it useful.

Regards,
Alex

May 3rd 2014 AN ACCA USER 220 Points
+3 Votes

Personally I opted for P4 simply because I found F9 quite interesting and I want to work in Finance field. For optional papers, I guess, core knowledge of skills papers and interest matters. So whatever one finds interesting one should opt for it.

April 9th 2014 AN ACCA USER 280 Points
+3 Votes

For me, a choice between P4 and P5, and I choose P4 because it is more practical,
part of everday life

May 2nd 2014 AN ACCA USER 280 Points
+2 Votes
It's my first attempt. What I have heard so far is that it's relatively difficult and its syllabus is lengthy as well. But if you have sound core knowledge then it becomes a bit easier. Other than Tax, all three optional papers are difficult to pass judging from pass rates.
April 14th 2014 AN ACCA USER 280 Points
+2 Votes

I Opted P4 as it is also a subject in CA(icap) module F as Business finance decision, so P4 will provide me Strength and knowledge for that paper.

May 4th 2014 AN ACCA USER 250 Points
+1 Vote
Hello wasim,

How's your experience of attempting it's exam if you have given it so far? Is the exam simpler to attempt and pass as compared to other optional papers?
April 14th 2014 AN ACCA USER 9,210 Points
0 Votes

i opted for that paper for the same reasons but now i'm finding it tough to pass may *** help us...

May 2nd 2014 AN ACCA USER 330 Points
0 Votes
I chose P4 mainly because I see it as an extension of knowledge of my major in Finance. I do not foresee myself working in practice and more likely to be in industry. P4's knowledge will me better in that aspect.
May 4th 2014 AN ACCA USER 520 Points
0 Votes
So your doing ca as well. How do you manage studying both ?
May 5th 2014 AN ACCA USER 9,210 Points
0 Votes

students who want be a professional in finance

June 14th 2014 AN ACCA USER 4,700 Points
0 Votes

I am always loving with finance. I faced is tough topics but also I love it.

September 23rd 2014 AN ACCA USER 450 Points
0 Votes

I chose P4 because I am interested in the content of its syllabus.
It gives a practical introduction to the corporate finance world.
I do think though, that the syllabus scope is too wide.

October 7th 2014 AN ACCA USER 140 Points
0 Votes
I chose P4 because it is more challenging.I had wanted to do p4 and p7,that meant i was doing an extra optional paper .I had already passed P.6 so ACCA advised me to first choose  one because i was  remaining with only one  paper.Then i can do others later.It has given me  headache but am determined to pass it because i understand and enjoy it when reading it .However it took me a while to understand hedging -interest rates calculation.I envisage that it is more relevant for consultancy and business research whereas auditing and accounting is more relevant with day to day running of business.Accounting and auditing relates more with Technical part of business whereas Management information relates to the public as well
October 7th 2014 AN ACCA USER 230 Points
Edited October 7th 2014 AN ACCA USER
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