What made you decide to choose Paper P4 as an option paper?
Well it is all quite simple.
It is all depends:
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.
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.
For me, a choice between P4 and P5, and I choose P4 because it is more practical,
part of everday life
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.
i opted for that paper for the same reasons but now i'm finding it tough to pass may *** help us...
students who want be a professional in finance
I am always loving with finance. I faced is tough topics but also I love it.
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.