Business and Financial Management

The Business and Financial Management paper develops the student's knowledge and skills from those covered in the Management Accounting paper and Professional 1 Level, and the related elements of the Foundation level. It covers the financing and capital requirements of organisation, investment decisions, valuation, international aspects of finance and working capital management. The approach relates the work and contribution of the accountant to situations that are characterised by high levels of ambiguity, uncertainty and complexity.

Business and Financial Management learning outcomes:

1. Apply an understanding of the role of the financial manager in determining capital requirements, capital structure, dividend policy and its implications in the capital markets along with managing relationships with relevant stakeholders
2. Critically appraise long-term investments
3. Critically appraise the operations of business organisations
4. Critically appraise the economic and financial consequences of global company operations
5. Critically appraise the working capital management practices of organisations and make appropriate recommendations

In addition to comprehensive syllabus targeted material our Learning & Practice Workbook offers:

• Exam focus - we have taken account of recent exams, guidance the examiner has given and the assessment methodology
• Help to study in the way that best suits your learning style and the time you have available
• Assistance with creating a personal study plan
• A way to review your progress through Fast forwards, Exam focus points, Chapter roundups and Quick quizzes
• Exam question bank containing AIA exam-standard questions with answers