ACCA Essential Module: P1, P2, P3

This module is called Essentials as it will provide you with the specialised skills and techniques required to become an expert accountant, either in a consultancy or high-level advisory role. Each of the 3 ACCA papers is assessed with a 3-hour paper-based exam.

P1GR&E Governance, Risk and Ethics

Gives students the knowledge, skills and judgment required to make professional and ethical decisions with regards to business accounts relating to governance, internal control, compliance and risk management.

The most significant elements of this paper are as follows:

AGovernance and responsibility
BInternal control and review
CIdentifying, assessing and controlling risk
DProfessional values and ethics
P2CRCorporate Reporting (UK or International)

Students are taught to apply key knowledge and skills, in order to make professional judgments and evaluations of financial reports, in a wide range of business contexts. The most significant elements of this paper are as follows:

AProfessional ethics
BFinancial reporting framework
CReporting financial performance
DFinancial Statements for groups
ESpecialised entities
FChanges in regulation
GAppraisal of performance & position
HCurrent developments
P3BABusiness Analysis

This paper teaches individuals to use professional discretion when assessing a business' strategic position. It also supplies direction on how to implement strategic action through business procedures and structural change, action which may include the introduction of knowledge systems and information technology. Students will also learn to manage quality processes, projects and people.

The most significant elements of this paper are as follows:

AStrategic position
BStrategic choices
CStrategic action
DBusiness Process Change
EInformation technology
FQuality issues
GProject management
HFinancial Analysis

Contact one of our advisors today for more information.

Important Information, Terms & Conditions

†UK Campuses only
§To complete the MBA/MA course students must pass 14 ACCA papers (i.e.: F1–P5). Students may be admitted onto the MBA/MA course prior to passing their final three ACCA Papers. SUBSEQUENT TO COMMENCING THE MBA/MA COURSE, SHOULD A STUDENT DISCOVER THAT SHE HAS FAILED ANY ACCA PAPERS, SHE WILL NOT BE ENTITLED TO A REFUND OF ANY AMOUNT PAID. FOR THE AVOIDANCE OF DOUBT, FAILURE OF ANY ACCA PAPERS WILL NOT ENTITLE THE STUDENT TO A REFUND OF ANY AMOUNT. The awarding body for the MBA/MA course will be one of LSBF's partner universities; however, awarding bodies are subject to change from time to time. The School's obligations shall be discharged by providing tuition leading to a recognised MBA/MA award by a recognised awarding body. The School reserves the right to change the awarding body, and will notify the student as soon as reasonably practicable. In light of this, the student agrees that they shall have no claim based on changes to the awarding bodies. The School reserves the right to offer the MBA/MA portion of the dual programme either online or on campus (depending on availability). For the avoidance of doubt, the decision concerning such availability (whether online or on campus) shall be at the sole discretion of the School. The Oracle Capital Group sponsorship programme for the masters' course fees covers the tuition fees only and does not include incidentals such as textbooks and exam entry/assessment fees (£158 per module), dissertation mentoring fees (£250), dissertation submission fees (£250) and final academic board presentation fees (£150), and fees for exemptions and deferrals. Students are responsible for payment of such fees which are mandatory for enrolment and progression on the masters' course.
Please see full Terms and Conditions for more information.

Next Start Date: July 2015

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  • Essentials