Why has ACCA introduced more cost accounting, forecasting, budgeting, pricing, probability and decision-making into the P3 syllabus?
Following a review of the ACCA Qualification syllabus and to comply with regulatory requirements as a statutory qualifying and supervisory body in the UK and other countries, we have introduced some significant changes to our P3 syllabus. The revised syllabus contains new quantitative techniques and cost and management accounting areas. This has given the examiner the scope to increase the level of financial analysis that can be examined and to allow a more in-depth analysis of a case situation, using techniques that a business analyst or consultant would use.