ACCA Financial Management (FM) Exam Tips September 2018 session given below are just intelligent guesses from exam point of view provided by famous tuition providers. These exam tips must not be relied on totally. To increase chances of success in Exams you must prepare full breadth of syllabus and topics.
ACCA FM Exam Tips September 2018:
ACCA FM Exam Tips September 2018 Session is given below by famous tuition providers
Part A: MCQs will be from any syllabus area.
Part B: Some frequently tested areas in the past were
- NPV with Inflation and Taxation
- Cash operating cycle
- Receivable, Payable & Inventory Management
- Financial Gearing
- Cost of Equity & Debt
- CAPM & MM
- Foreign Exchange Risk Management
- Interest Rate Risk Management
- Sources of Finance
Don’t just keep focusing on numbers. Although the numbers are important but approximately half of the marks are for the written elements. Prepare every topic thoroughly to increase chances of passing the exam.
In section A a big number of questions will test your understanding of financial management and objectives (ratio analysis, the concept of shareholder wealth), as well as the economic environment and financial institutions topics (financial intermediation, fiscal and monetary policies). The efficient market hypothesis is likely to be tested here too.
Areas expected to be commonly tested in section B are working capital management (operating cycle, the impact of a change in credit period, or accepting a factor’s offer), business or security valuations (method), and financial risk management (currency risk, interest rate risk). The two questions in section C will mainly focus on sections C, D (NPV with inflation and tax) and E. So think either an evaluation of financing options (interest coverage and gearing ratios) or a cost of capital and analysis.