

ACCA FM (Financial Management, F9) is one of paper in Applied Skills Module. They syllabus states its aim is to develop students' knowledge and skills, relevant to investment, financing and dividend policy decisions, to qualify as a finance manager.
Financial Management is a fundamental activity in any business. It helps a Finance Manager to plan, organize, control and monitor its financial resources to achieve its goals and the objectives of any organization. It is an ultimate process for controlling the financial activities of a company.
The course is designed to develop the knowledge and expertise expected from a finance manager, with regards to investment, financing, and dividend policy decision-makings.
The paper introduces the principle of the financial management within a business. The syllabus explores the economic environment in which investing, financing and dividend policy decisions are made. The next segment of syllabus introduces investment decision which is further divided into two parts, investment and management of working capital and the appraisal of long-term investments. Then the syllabus establishes an understanding about financing decisions which is commenced by determining different sources of business finance and how much finance can be lift up from the business. It then covers the principles for valuing a business and its financial assets, together with the impact of cost of capital on business valuation. The syllabus ends with the introduction on the concept of risk and the techniques involved in managing the risk.
This paper gives insight to a student about the advanced skills and knowledge which will be needed to lead the student towards P4 Advanced Financial Management.
Key areas of paper:
On completion of this course student will be able to:
Wouldn't it be a good idea to create a course?