P1 Governance, Risk and Ethics

You'll learn to apply relevant knowledge, skills, and exercise professional judgement in carrying out the role of the accountant relating to governance, internal control, compliance, and the management of risk within an organisation - in the context of an overall ethical framework.

Exam change: From September 2018 the P1 and P3 exams will be replaced by an innovative new case study - Strategic Business Leader.

Students who have completed the P1 and P3 exams will receive a converted pass in the Strategic Business Leader exam – but this pass will only be awarded if you have completed both exams.

These changes are part of the introduction of Strategic Professional, which will replace our Professional level exams from September 2018.

Exam resources

Pass rates

49%
45%
51%
53%
51%
Dec 2016
Mar 2017
Jun 2017
Sep 2017
Dec 2017