AF4D118 - Advanced Financial Management (ACCA) 01 Sep 2020 - 31 Aug 2026 | Version 3
Associated Module Information
| Module Code: | AF4D118 | ||
|---|---|---|---|
| Module Title: | Advanced Financial Management (ACCA) | ||
| Faculty: | Faculty of Business and Creative Industries | ||
| Faculty Group: | Accounting and Finance | ||
| Faculty Sub Group: | Accounting and Finance | ||
| Module Leader: | Nicola Gilbert, Jared Davies | ||
| Module Team: | Rhian Gosling | ||
| First Intended Intake: | SEP 2018 | Final Year of Intake: | |
| Date Closed: | |||
| Credit Value: | 40 | Credit Level: | 7 |
| Language: | English | ||
| Percentage of Module Taught in Welsh: | 0 | ||
| Equivalent Module: | |||
| HECOS codes: | 100105 - accounting | ||
| HECOS Code Weighting: | 100 | ||
Document Version Information
| Version | 3 |
|---|---|
| Valid From | 01 Sep 2020 |
| Valid To | 31 Aug 2026 |
Module Aims
Please note that aims, learning outcomes and content have been taken directly from ACCA’s Sept 2020 - June 2021 AFM Syllabus & Study Guide document. Latest versions of all ACCA Syllabus & Study Guide documents can be found at:
https://www.accaglobal.com/ca/en/student/exam-support-resources.html
The Advanced Financial Management module is one of 4 Advanced Option modules from the Strategic Professional Level of the ACCA Qualification. Students need to complete 2 of 4 option modules.
The module is only available by external examination.
The module further develops key aspects introduced in Financial Management at the Applied Skills level.
The aim of the syllabus is to apply relevant knowledge, skills and exercise professional judgement as expected of a senior financial executive or advisor, in taking or recommending decisions relating to the financial management of an organisation in private and public sectors.
Content Summary
The syllabus prepares candidates to advise management and/or clients on complex strategic financial management issues facing an organisation.
The syllabus starts by exploring the role and responsibility of a senior executive or advisor in meeting competing needs of stakeholders within the business environment of multinationals.
The syllabus then re-examines investment and financing decisions, with the emphasis moving towards the strategic consequences of making such decisions in a domestic, as well as international, context.
Candidates are then expected to develop further advisory skills in planning strategic acquisitions and mergers and corporate re-organisations.
The next part of the syllabus re-examines, in the broadest sense, the existence of risks in business and the sophisticated strategies which are employed in order to manage such risks. It builds on what candidates would have covered in the Financial Management syllabus.
Learning and Teaching Methods
| Activity Type | Hours |
|---|---|
| Practical classes and workshops | 60 |
| Independent Study | 150 |
| Directed Study | 180 |
| Formative Assessment - Scheduled | 10 |
| Total Hours Selected | 400 |
Learning Outcomes
| # | Learning Outcome |
|---|---|
| LO1 | Explain and evaluate the role and responsibility of the senior financial executive or advisor in meeting conflicting needs of stakeholders and recognise the role of international financial institutions in the financial management of multinationals. |
| LO2 | Evaluate potential investment decisions and assessing their financial and strategic consequences, both domestically and internationally. |
| LO3 | Assess and plan acquisitions and mergers as an alternative growth strategy. |
| LO4 | Evaluate and advise on alternative corporate re-organisation strategies. |
| LO5 | Apply and evaluate alternative advanced treasury and risk management techniques. |
Module Requisites
| Code | Title | Requisite Type |
|---|---|---|
| MOD010260 | Financial Management | pre-requisite |
Assessment Criteria
| Assessment Category | Assessment Type | Description | Duration | Word Count | Weight (%) | Best of? | Pass Mark |
|---|---|---|---|---|---|---|---|
| Synchronous Onsite Assessment (Exam) | Onsite Closed Book Examination 1 | Scenario-based exam | 195 | N/A | 100 | No | 50 |
Assessment Matrix
| Assessment Type | Learning Outcomes | ||||
|---|---|---|---|---|---|
| LO1 | LO2 | LO3 | LO4 | LO5 | |
| Onsite Closed Book Examination 1 | ✔ | ✔ | ✔ | ✔ | ✔ |