ACCA- AFM- Advanced Financial Management

Course description:

ACCA P4- Advanced Financial Management is one of the four specialized Professional Level papers of ACCA which aims to apply relevant knowledge, skills and exercise professional judgement as expected of a senior financial executive or advisor, in taking or recommending decisions relating to the financial management of an organisation in private and public sectors.

This syllabus develops upon the core financial management knowledge and skills covered in the F9, Financial Management, syllabus at the Fundamentals level and prepares candidates to advise management and/or clients on complex strategic financial management issues facing an organisation.

The syllabus starts by exploring the role and responsibility of a senior executive or advisor in meeting competing needs of stakeholders within the business environment of multinationals. The syllabus then re-examines investment and financing decisions, with the emphasis moving towards the strategic consequences of making such decisions in a domestic, as well as international, context. Candidates are then expected to develop further advisory skills in planning strategic acquisitions and mergers and corporate re-organisations.

The next part of the syllabus re-examines, in the broadest sense, the existence of risks in business and the sophisticated strategies which are employed in order to manage such risks. It builds on what candidates would have covered in the F9, Financial Management, syllabus and the P1,Governance, Risk and Ethics, syllabus.

Learning outcomes:

On successful completion of this paper, candidates should be able to:

1. Explain and evaluate the role and responsibility of the senior financial executive or advisor in meeting conflicting needs of stakeholders and recognise the role of international financial institutions in the financial management of multinationals
2. Evaluate potential investment decisions and assessing their financial and strategic consequences, both domestically and internationally
3. Assess and plan acquisitions and mergers as an alternative growth strategy
4. Evaluate and advise on alternative corporate re-organisation strategies
5. Apply and evaluate alternative advanced treasury and risk management techniques

Certification:

Students are awarded a Professional Level Certificate when they have successfully completed all of the exams in the Professional level of the ACCA Qualification (P1–P3 and any two of the Options papers from P4, P5, P6 and P7).

Course features:

• Lectures : 26
• Revision class: 4
• Progress Tests: 2
• Mock Tests : 2
• Duration: 4 Months
• Course level : Professional level
• Language : English
• Students: 25
• Assessments: 3 hours paper based exam