ACCA P4 Advanced Financial Management (AFM)

Course details

80% of our AFM students pass the exam (based on September 2020 session ACCA analytical report) 

AFM ACCA course includes:

• Video lectures with theory and analysis of typical problems, 60 academic hours, 1-year access
• Lectures notes including all theory needed (in pdf slides)
• Revision Kit (in pdf)
• Home task and tests
• Audio podcasts
• Mock exam at ACCA CBE Practice Platform

WARNING! Please carefully read the info below

Although we believe that the only live classes with a tutor are most effective, most of our students have a sensible reason to choose a completely prerecorded course. For those students, we are glad to offer completely self-study course which has the same as usual book and revision kit content but up to date online format and enable the student to learn everywhere and anytime. So this course includes access for 1 year to all materials needed for preparation (and we continually update them) but it does not include tutor support and implies self-study mode.

Content and Duration of the Prerecorded course:

Introduction
1 Introduction (5:45)
2 Exam techniques (2:34)
3 Professional marks (7:24)

Part A ROLE OF THE SENIOR FINANCIAL ADVISER IN THE MULTINATIONAL ORGANISATION
4 The role and responsibility of the senior financial adviser (9:14)
5 Conflict shareholders interests (7:55)
6 Capital investment monitoring systems and conditional probability (7:50)
7 Practice: Apply Capital monitoring system and conditional probability
8 Behavioral Finance (8:13)
9 Environment issues (4:46)
10 Theory and practice of free trade (13:18)
11 Competitive advantage of multinationals (7:44)
12 International monetary institutions (15:36)
13 Development of World Finance Market (20:50)
14 Strategic business and financial planning for multinationals (13:22)
15 Securitisation and Tranching (18:30)

Part B ADVANCED INVESTMENT APPRAISAL
16 Discounted Cash flow (DCF) approach part 1 (18:33)
17 DCF approach part 2 (2:53)
18 Risk and uncertainty: tools for analysis (14:32)
19 Risk and uncertainty: Duration and Monte Carlo simulation (9:18)
20 Value at Risk (VAR) (7:03)
21 Internal Rate of Return (IRR) vs Modified Internal Rate of Return (MIRR) (6:46)
22 Practice: CD Example (36:07)
23 Practice: TISA Example: (13:03) + (15:46) + (10:36)
26 TISA Test
27 Option theory introduction (14:07)
28 Option theory market examples (10:36)
29 Black-Sholes Option Pricing model and Real Options
30 Greeks: Introduction
31 Link option theory with Greeks (11:02)
32 Greeks: how to approach the question (4:20)
33 Greeks: additional videos
34 Greeks: Test
35 Financial source (11:48)
36 Islamic Finance (8:43)
37 CAPM (8:57)
38 Duration and Modified Duration (9:39)
39 Credit Risk (6:48)
40 Kaplan-Urwitz approach (3:47)
41 Cost of Capital (WACC and M&M) (4:06)
42 Cost of Capital: Test
43 Adjusted Present Value (APV) (7:31)

Part E TREASURY AND ADVANCED RISK MANAGEMENT TECHNIQUES
44 Treasury Management Function (8:09)
45 FOREX Risk hedging techniques part 1 (8:07)
46 FOREX Risk hedging techniques part 2 Example (6:47)
47 FOREX Risk hedging techniques part 3 (9:42)
48 Managing Currency Risks with Options: Additional reading
49 Interest Rate Risk Management part 1 (10:53)
50 Interest Rate Risk part 2 Example (12:24)
51 Interest Rate Risk part 3 Option Collar (3:21)
52 Interest rate swaps and other (17:18)
53 Practice: Buryecs Example part 1 (24:00)
54 Practice: Buryecs Example part 2 (35:54)

PART C ACQUISITIONS AND MERGERS
55 Mergers and Acquisitions. Synergy (9:46)
56 Mergers and Acquisitions. Valuation Techniques (5:35)
57 Practice: Makonis Example part 1 (17:17)
58 Practice: Makonis Example part 2 (20:33)

PART D CORPORATE RECONSTRUCTION AND REORGANISATION
59 Corporate reconstruction and reorganisation (4:56)

Revision
60 Technique: Read the mind of the marker (32:41)
61 How to approach M&A questions Westparley example (37:00)
62 How to approach questions on derivatives Wardegul Example (31:47)

After mastering a theory and practice questions from homework task, practice 50-marks questions.
Then try a mock exam and ask for one more if needed.


SYLLABUS OF AFM EXAM

Part A. Role of a senior financial adviser in the multinational organization
The role and responsibility of senior financial executive/advisor
Financial strategy formulation
Ethical and governance issues
Management of international trade and finance
Strategic business and financial planning for multinational organizations
Dividend policy in multinationals and transfer pricing
Part B. Advanced investment appraisal 
Discounted cash flow techniques
Application of option pricing theory in investment decisions
Impact of financing on investment decisions and adjusted present values
Valuation and the use of free cash flows
An international investment and financing decisions
Part C. Acquisitions and mergers
Acquisitions and mergers versus other growth strategies
Valuation for acquisitions and mergers
Regulatory framework and processes
Financing acquisitions and mergers
Part D. Corporate reconstruction and re-organization
Financial reconstruction
Business re-organization
Part E Treasury and advanced risk management techniques
The role of the treasury function in multinationals
The use of financial derivatives to hedge against forex risk
The use of financial derivatives to hedge against interest rate risk
  Updated on 29 December, 2020