Tips for the Candidates from the ACCA Past Paper F9.
ACCA Past Paper F9 (Financial Management) is made to expand the skills and knowledge that are essential for the preparing finance managers. These abilities are able to be used relevantly to the financing, investment and dividend decisions. This paper comes with a syllabus that has scheme for equipping the candidates or examiners for the skills and knowledge that will help them in their future accounting and financing career for more responsible and reliably performance and finance function for the progress of a business.
The Paper F9 is related to the knowledge being acquired from the study of the Paper F2 (Management Accounting) and this will serve as a knowledge and skills basis in preparation for the coming Paper P4 (Advanced Financial Management) for further needs in education and study in managing finances.
The syllabus comes with main capabilities that are identified. This ACCA Paper F9 helps the students to be successful and passing the exam by making them:
1. Knowledgeable about the goal and role of the financial management power.
2. Assessing and discussing the force and impact of the economical environment to the financial management.
3. Able to apply their knowledge in working the capital managing techniques and strategies.
4. Bring the effective and essential investment appraisal.
5. Determine and assess the alternative sources in the business finance.
6. give details and calculate cost of capital and its factors that are influencing it.
7. Apply the basic principles of business and valuations of asset.
8. Discuss and apply risk management strategies in the business.
The examiner has 3 hours for the exam and it comprises of four compulsory questions that are equal in length and each is equivalent to 25 marks. This format has become the basis of the next paper exams. There will only be extra 15 minutes for the candidates to read and prepare for the beginning of the exam. There can be calculation and explanation elements and these are definitely balanced. The examiner must remember that not all questions are can be found in the syllabus. There would be application questions so real experience for the financial managing is very necessary to pass. There are also included tables of annuity and discount factors that are compressed together to be formulated in a provided sheet.
To conclude this tips gotten from the ACCA Past Papers F9, the candidates should have wide knowledge and skills on the objectives of the Paper F9. The syllabus, study guide and other articles of past examiners are a lot of help for those new candidates. They need to study thoroughly and remember the important discussions that can be surely included in the Paper F9. There are very reliable sources, like the financial managing textbooks and accountant articles that will help them to practice the standard exam and style of the questions so it can be a regular basis for the communication of the understanding fairly the framework of the exam.
ACCA Past Paper F9 is found in the Internet also. You may view the previous exams by making your account in a website.
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