F9 Financial Management

On successful completion of this paper, candidates should be able to:

Discuss the role and purpose of the financial management function

Assess and discuss the impact of the economic environment on financial management

Discuss and apply working capital management techniques

Carry out effective investment appraisal

Identify and evaluate alternative sources of business finance

Explain and calculate the cost of capital and the factors which affect it

Discuss and apply principles of business and asset valuations

Explain and apply risk management techniques in business