There appears to be quite a lot of focus on syllabus areas which are perhaps less interesting to teach and learn (examples given were project management and IT). Why is this?
A proper understanding of strategic theory and concepts are very important in P3 – but understanding implementation issues is also important. Every attempt is made to raise relevant and interesting questions in these areas where they are assessed. There is a lot of interesting material available to support teaching these areas – the study text providers have made good use of examples in their materials. Because the examiner can now assess any area of the syllabus in the first question, there is now the possibility that a scenario question may be a predominantly implementation question and may have less strategic focus than previous Section A questions, i.e. that it may come from the second layer of the syllabus structure diagram. The main reason for this is while some senior accountants may well be involved in strategy formulation, most accountants will have responsibility for implementing strategy which requires a proper understanding of business processes, business logistics, IT, kno
