P4 - Advanced Financial Management
About the paper
Paper P4, Advanced Financial Management, is a paper in the Options module at the Professional level of the ACCA Qualification. The syllabus builds upon the core financial management knowledge and skills covered in F9. It prepares candidates to apply the relevant knowledge and skills and exercise the professional judgement expected of a senior financial executive or advisor, in taking or recommending decisions relating to the financial management of an organisation. The sections of the syllabus are as follows:
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Role and responsibility towards stakeholders: this section explains the role and responsibility of the senior financial executive or advisor in meeting the conflicting needs of stakeholders.
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Advanced investment appraisal: this section evaluates potential investment decisions and assesses their financial and strategic consequences, both domestically and internationally.
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Acquisition and mergers: this section assesses acquisitions and mergers as an alternative growth strategy and also covers financing of M&As and the regulatory framework of M&As in the UK.
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Role and responsibility towards stakeholders: this section explains the role and responsibility of the senior financial executive or advisor in meeting the conflicting needs of stakeholders.
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Advanced investment appraisal: this section evaluates potential investment decisions and assesses their financial and strategic consequences, both domestically and internationally.
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Acquisition and mergers: this section assesses acquisitions and mergers as an alternative growth strategy and also covers financing of M&As and the regulatory framework of M&As in the UK.
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Corporate reconstruction and re-organisation: this section evaluates and advises on alternative corporate re-organisation strategies such as financial reconstruction, portfolio reconstruction and organisational reconstruction.
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Treasury and advanced risk management techniques: this section applies and evaluates alternative advanced treasury and risk management techniques.
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Economic environment for multinationals: this section evaluates the impact of macroeconomics and recognises the role of international financial institutions in the financial management of multinationals.
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Emerging issues in finance and financial management: this section identifies and assesses the potential impact of emerging issues in finance and financial management.
Sample Pages: Click to view large
 
About the GTG textbook
The book has been written and reviewed by an international team of professionally qualified subject experts. It has been designed to be as ‘student-friendly’ as possible, enabling you to get through paper P2 with the minimum of hassle. The following are the special features of the P2 book :
- all learning outcomes covered according to the ACCA syllabus
- important portions of text highlighted for ease of learning
- plenty of test questions and examples to bring the theory alive Example
- diagrams acting as a visual aid to learning and memory retention for many difficult P2 concepts Example
- synopses to make sure that you need not go through the entire text while you revise Example
- Quick Quiz, Test Yourself and Self Examination Questions for each Study Guide to make sure that you have enough practice for each concept Example
You are expected to be able to relate your professional knowledge to practical situations. The evaluation of alternative accounting practices and the identification and prioritisation of issues are key elements of the paper. Professional and ethical judgement will need to be exercised and integrated with technical knowledge when addressing corporate reporting issues in a business context. The GTG text will prepare you for this.
The GTG text for Corporate Reporting is designed to enable you to pass that exam with flying colours and to turn you into a “true professional accountant” who can face real life situations with confidence.
Price: £20
Suitable for June and December 2008 exams
ISBN 978-1-84808-036-2
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