Useful information for P1 exams

[Mukund]

:cool:
P1 is a completely theoretical paper of 100 marks.

The paper is divided in to two sections: Section A & Section B

Section A: This one question, worth 50 marks is compulsory and must be attempted.

1. The 50 mark question is based on a case scenario (500 – 800 words).
2. Requirements in Section A likely to sample widely across the syllabus, will typically contain four or five sub requirements.
3. Application of your answer to the case will be important.
4. It has additional marks allotted for the form of the answer and quality of your argument.

Section B: From this section two questions has to be attempted.

1. Each question carries 25 marks.
2. Each section will examine one section of the syllabus in some depth although it may also contain content from other areas.
3. Candidates should not assume there will be an exclusive question from just one part of the syllabus
4. Each question will be based on a shorter case scenario to contextualise the question .
5. Each question is likely to contain several tasks.

[Mukund]

The paper is predominantly about corporate governance and a range of issues surrounding and underpinning it. Corporate governance is not a ‘stand alone’ or unconnected discipline.

All professional activity, including governance, rests upon an ethical ‘base’. Ethical values and assumptions underpin all other areas.

Risk and internal control are essential elements of corporate governance.

[Karen]

:cool:
P1 is a completely theoretical paper of 100 marks.

The paper is divided in to two sections: Section A & Section B

Section A: This one question, worth 50 marks is compulsory and must be attempted.

1. The 50 mark question is based on a case scenario (500 – 800 words).
2. Requirements in Section A likely to sample widely across the syllabus, will typically contain four or five sub requirements.
3. Application of your answer to the case will be important.
4. It has additional marks allotted for the form of the answer and quality of your argument.

Section B: From this section two questions has to be attempted.

1. Each question carries 25 marks.
2. Each section will examine one section of the syllabus in some depth although it may also contain content from other areas.
3. Candidates should not assume there will be an exclusive question from just one part of the syllabus
4. Each question will be based on a shorter case scenario to contextualise the question .
5. Each question is likely to contain several tasks.

Is there any reading time allowed for this exam?

[bluewednesday]

I sat P1 last sitting but found some interesting current issues.

Marks and Spencer (UK Company) have just appointed their CEO to chairman and it is causing a lot of problems as this is in contravention of good corporate governance.

The story is worth reading up on as it might be useful in the exam as an example in your answer

[Mukund]

There are additional 15 minutes alloted for every paperbased exam.

[shafeeu]

I sat P1 last sitting but found some interesting current issues.

Marks and Spencer (UK Company) have just appointed their CEO to chairman and it is causing a lot of problems as this is in contravention of good corporate governance.

The story is worth reading up on as it might be useful in the exam as an example in your answer

can you let me know where story regarding the Marks & Spencer's New CEO can be found

[Payal]

Hi Bluewednesday
Good to see u here on this forum. Ur posts have always been a help. if i remember correctly, you were on the AAT forums as well , this must be going back around 3 years now.
thanks for the example of M&S , i shall read up on it. it would be great if you could suggest any more practical current issues.

[Payal]

i googled it
the key words i used "m&S ceo to chairman corporate governance"

There are many links. one of them is below.
www.forbes.com/2008/03/10/rose-marks-spencer-face-cx_ll_0310autofacescan01.html - 46k -

i am not sure if i am allowed to paste links on this forum. apologies if this is not allowed. if someone knows, please let me know.