Financial management
What is the financial management (FM)
FM provides you with the skills required to effectively manage the finance function of an organisation.
An overview:
fey decisions: financial objectives, woking capital management, business finance, ivestment appraisal, business valuations,
Risk management: approaches to risk management, foreign exchange risk,foreign exchange hedging, interest rate hedging and interest rate risk
Steps to success:
If possible,study with an approved learning partner and with approved content.
Study the whole syllabus
Prctice exam style and standard questions, to time, using the ACCA practice platform
develop your ability to construct effective written response answers.
Ensure you are competent working in the Computer Based Exam environment.
Attempt at least two full exams under exma conditions, debrief your answers,then focus your study on weaker areas.
Key resources:
Examiner approach
Objective test questions for session CBEs
Guide to session CBEs
How to approach discursive questions in FM
Examining team guidance
ACCA preatice platform
Working capital management
Dividend theory
INflatin and investment appraisal
Read the mind of the FM marker
Answering questions:
Tead the qiestopm carefully
Think before answering,don;t rush
Amswer all questions even fi unsure of the answer
OR
Plan your answer
Answer the requirement directly
Refer to the scenario
Break your answer up with headlings
Be clear and concise, but ensure you develop each point in your answer
Attempt all parts of all questions
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