CMA (US), CSCA (US), Dip IFRS, AFA (UK), MIPA (Aus), M.Com, M.B.A
This article briefly looks at what behavioural finance is and some important terms related to behavioural finance which students should know. Learning outcome F4c of the Financial Management (FM) syllabus is as follows: Describe the significance of investor speculation and the explanations of investor decisions offered by behavioural finance. The learning outcome is at intellectual level 1, meaning that knowledge […]
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Dividends and share price growth are the two ways in which wealth can be provided to shareholders. This article looks at some theories on dividend payments, as well as the practical matters that have to be taken into account and a discussion on dividend policies. Dividends and share price growth are the two ways in which wealth can be provided
This article discusses the nominal terms and real terms approaches to investment appraisal using the net present value method, and also considers the impact of taxation in the context of these approaches. This is an area of the syllabus where mistakes are often made by unprepared candidates. The effect of inflation on cash flows In a business environment with inflation,
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This article aims to identify the most common mistakes made by candidates in answering audit risk questions as well as clarifying how such questions should be tackled in order to maximise marks. Candidates studying Paper F8, Audit and Assurance, are required under the syllabus to: ‘Explain the components of audit risk and explain the risks of material misstatement in the
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What you need to know about the objective test questions for session CBEs for PM, TX, FR, AA and FM. What you need to know about the objective test (OT) questions in Session CBE format exams for: Performance Management (PM) Taxation (TX) * Financial Reporting (FR) Audit and Assurance (AA) Financial Management (FM) * UK version only How many marks
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This article considers the examiner’s approach to the AA exam. The aim of AA is to develop knowledge and understanding of the process of carrying out the assurance engagement and its application in the context of the professional regulatory framework. The exam is practical in application, as well as aiming to ensure that candidates who pass this exam understand the
This article identifies the reasons why sitting the F5 exam seems to cause such a problem for students. Introduction Students often find the constructed response questions in Section C of the Performance Management exam challenging. The purpose of this article is to identify the reasons why sitting the Performance Management exam seems to cause such a problem for students and try
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This article outlines the key skills considered essential to passing. The overall concept of the Performance Management syllabus is that it builds from topics that you have learnt from the Management Accounting (MA) exam, gives you more management accounting techniques and focuses on the core fundamentals of performance management. It is important to remember that this is a performance management
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What you need to know about the objective test questions for session CBEs for PM, TX, FR, AA and FM. What you need to know about the objective test (OT) questions in Session CBE format exams for: Performance Management (PM) Taxation (TX) * Financial Reporting (FR) Audit and Assurance (AA) Financial Management (FM) * UK version only How many marks
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Relevant to candidates sitting Performance Management from September 2019 The aim of the Performance Management exam is to develop knowledge and particularly skills in the application of management accounting techniques to quantitative and qualitative information for planning, decision making, performance evaluation, and control. Syllabus structure, rationale and relational diagram Relationship between MA, PM and APM examsThe syllabus for Performance Management, builds
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