Prepare for the ACCA Advanced Financial Management (AFM) examination with a comprehensive practice and exam technique resource designed to take you beyond simply knowing the technical content.

The ACCA AFM Practice Kit and Exam Technique and Pass Strategy Guide are designed to help you develop the analytical, numerical, evaluative and professional skills required to perform effectively in one of ACCA's most demanding Strategic Professional examinations.

What is included?

ACCA AFM Practice Kit

Work through an extensive collection of original examination-style case studies covering key areas of the AFM syllabus, including:

• Advanced investment appraisal
• International investment decisions
• Project-specific cost of capital
• Adjusted present value
• Business and equity valuation
• Mergers and acquisitions
• Corporate reconstruction and restructuring
• Financing decisions and capital structure
• Dividend and distribution decisions
• Foreign exchange risk management
• Interest rate risk management
• Futures, options, forwards, FRAs and swaps
• Real options
• Islamic finance
• Project finance and debt capacity
• Securitisation and structured finance
• International cost of capital and country risk
• Strategic financial decision-making
• Risk, uncertainty and sensitivity analysis

The questions are built around realistic corporate scenarios and require you to calculate, analyse, evaluate, challenge assumptions and make commercially defensible recommendations.

Model solutions, detailed marking guidance, Professional Skills guidance and common traps are included to help you understand not only the correct answer, but how examination marks are earned.

Solutions can be hidden while you attempt each question independently and revealed afterwards for detailed self-assessment.

ACCA AFM Exam Technique and Pass Strategy Guide

Technical knowledge alone is not enough to pass AFM.

The accompanying guide helps you develop a disciplined approach to the examination, including:

• Understanding exactly what requirements are asking
• Selecting the appropriate financial-management technique
• Planning complex calculations
• Showing workings effectively
• Interpreting numerical results
• Applying calculations to the scenario
• Evaluating financial and commercial implications
• Challenging assumptions and management conclusions
• Dealing with risk and uncertainty
• Developing balanced arguments
• Making practical recommendations
• Demonstrating ACCA Professional Skills
• Managing examination time
• Avoiding common AFM examination mistakes
• Using question practice and mock examinations effectively

Turn technical knowledge into examination marks

AFM is not simply a calculation paper. Strong candidates must demonstrate that they can use advanced financial-management techniques to support real business decisions.

This resource is therefore designed around a simple progression:

Technique → Calculation → Interpretation → Evaluation → Judgement → Recommendation

You will practise not only obtaining the correct numerical result, but explaining what that result means, identifying its limitations, evaluating alternatives and reaching a professional conclusion supported by the evidence.

Who is this course for?

This resource is ideal for ACCA students preparing for the Advanced Financial Management (AFM) examination who want:

• Extensive examination-style question practice
• Greater confidence with complex AFM calculations
• Stronger application and interpretation skills
• Better understanding of Professional Skills
• More effective exam technique
• Structured revision before their examination
• Practice identifying where and why marks are lost
• A practical resource to use alongside their AFM tuition or independent studies

Whether you are beginning your question-practice phase or preparing for your final revision, the Practice Kit and Exam Technique Guide provide a structured way to identify weaknesses, improve your approach and progressively develop the standard of response expected in the AFM examination.

Do not just learn AFM. Practise applying it, interpreting it and communicating it at examination standard.