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ACCA P4 Exam Format

ACCA P4 Paper, Advanced Financial Management, is the fourth paper of the professional level module and it aims to enable the candidate apply relevant knowledge, skills and exercise professional judgment as expected of a senior financial executive or advisor, in taking or recommending decisions relating to the financial management of an organization in private and public sectors.

This paper builds on F2 and F9 from fundamentals module and on P1 and P2 from Professional level module.

ACCA P4 Syllabus:

ACCA P4 syllabus in accordance with the aim of the ACCA P4 paper, This syllabus looks at both of the perspectives of external forces and internal ambitions and concerns, from assessing strategic position and choice to identifying and formulating strategy and strategic action. It identifies opportunities for beneficial change that involve people, finance and information technology. It examines how these opportunities may be implemented through the appropriate management of programmes and projects.

ACCA P4 Exam Format:

Knowing the ACCA P4 Exam format helps you to prepare more strategically and with more focus. The exam format of ACCA P4 paper takes is designed to test the candidates’ capability to make sound financial decisions.

ACCA P4 Exam format is briefly as follows:

  • The entire exam is a 3 hour paper based examination divided into two sections
  • Section A comprises of one Compulsory question of 50 marks. The question will contain a mix of computational and discursive elements.
  • The requirements of the section A question are such that candidates will be expected to show a comprehensive understanding of issues from across the syllabus.
  • Section B has 3 questions, out of which 2 have to be answered, 25 marks each.
  • Questions will normally contain a mix of computational and discursive elements, but may also be wholly discursive or evaluative where computations are already provided. 
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