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REVISION LECTURES
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SPREADSHEETS
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AFM (Advanced Financial Management) is one of the most challenging papers of the ACCA course. Although an optional paper, it is quite popular choice of the student community because of its multi-faceted content. Anyone interested to purse investment banking or financial risk management career should definitely opt for this exam. Recently, the exam structure has been changed and all questions are compulsory to answer now.
The aim of the AFM paper is to provide students with application-oriented 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 organization in private and public sectors.
EXAM STRUCTURE
All questions are compulsory.
The 3 hours and 15 minutes exam will evaluate your professional capabilities in a modern day multi-national corporate environment.
Section has will be one single case study with multiple requirements, examined for 50 marks.
10 professional marks will be awarded on demonstration of certain skills. In this section, you are required produce a business document such as a report or a briefing paper for the board of directors. Section B consists of two compulsory 25 marker questions.
All section B questions will be scenario based and contain a combination of calculation and narrative marks. There will not be any wholly narrative questions. There will be 10 professional marks allocated to Section B.
Here is the link you can find Strategic Professional CBE Specimen exams: https://www.accaglobal.com/gb/en/student/exam-support-resources/strategic-professional- specimen-exams-cbe.html
SYLLABUS
The Advanced Financial Management (AFM) exam builds up on the brought forward knowledge and skills from the financial management (FM) paper. It equips you with necessary skills to advise senior management or corporate clients on strategic aspects of financial management faced by a modern day business organisation
The syllabus explores the role and responsibility of a senior financial executive (like the CFO) in meeting the needs of various stakeholders. After that, it explores advanced issues in project investment appraisal, financial decisions, risk management perspectives and corporate valuation including restructuring within, both, national and international environment. You are then expected to develop further advisory skills in planning strategic acquisitions and mergers and corporate re-organisations and also develop sophisticated strategies of financial risk management. It builds on what candidates would have covered in the Financial Management syllabus.
FM – FINANCIAL MANAGEMENT
MA – MANAGEMENT ACCOUNTING
SBL – STRATEGIC BUSINESS LEASER
AFM – ADVANCED FINANCIAL MANAGEMENT
There are 7 principle areas in the syllabus, which are –
A | Role of senior financial adviser in the multinational organisation Explain and evaluate the role and responsibility of the senior financial executive or advisor in meeting conflicting needs of stakeholders and recognize the role of international financial institutions in the financial management of multinationals |
B | Advanced investment appraisalEvaluate potential investment decisions and assessing their financial and strategic consequences, both domestically and internationally |
C | Acquisition and mergersAssess and plan acquisitions and mergers as an alternative growth strategy |
D | Corporate reconstruction and re-organisationEvaluate and advise on alternative corporate re-organisation strategies |
E | Treasury and advanced risk management techniquesApply and evaluate alternative advanced treasury and risk management techniques |
F | Professional skillsApply a range of professional skills in addressing requirements within the Advanced Financial exam, and in preparation for, or to support, current work experience. |
G | Employability and technology skillsApply employability and technology skills |
TIME MANAGEMENT
Total time of the exam is 3 hours 15 minutes, which is 195 minutes. This brings us to 1 mark per 1.95 minutes. Planning the exam systematically is crucial for passing. We ensure that we guide and train you towards that.
You should practice ACCA AFM past exam on how to write valid points with details required before exam. It is very critical to pass AFM with adequate practice on how to make your answers meet examiner’s requirements.
HOW DO WE BUILD VALUE FOR THE AFM STUDENTS
CA Sarvesh Mopkar has been training the students to meet the specific requirements of the AFM exam for the past 12 years.
He is known for inculcating the following value during his trainings :-
1. Building a strong foundational knowledge in financial management
2. Relating complex exam scenarios with real life examples and case studies
3. Facilitating the process where the student can confidently handle the exam pressure
Account Information
Name: Edufin Academy
Bank: HDFC Bank
A/C No: 01852000016783
Type: Current Account
Branch: Nigdi branch
IFSC: HDFC0000185
GPay: +91-9822243867
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