EXAMINER’S APPROACH:P4, AdvancedFinancialManagement

WHERE THE PAPER FITS?

Professional Level(7 papers in total)

Essentials (3 papers)

Options (2 from 4 papers)P4 Advanced Financial Management

(AFM)P5 Advanced Performance Management (APM)

P6 Advanced Taxation (ATX)

P7 Advanced Audit and Assurance (AAA)

Fundamentals9 papers in total

LINKS TO OTHER PARTS OF THE

QUALIFICATION?

F9

F2

P1

PER

OVERALL CONCEPT?

“To decide we need information, to judge we need wisdom”

BROAD THEMES?

Financing decisionsRisk management

Valuation

Mergers and acquisitions

Corporate reconstruction

P4 CONTENT?

Section D

Section A

Section F

Section BSection C

Section E

Section G

EXAM STRUCTURE?

3 hours+15 mins

Two questions Two from three questions

Case studies Focused scenarios

Across syllabus Discrete syllabus areas

One discursive question

Professional Level – P4

Section A Section B

Rule of AndProfessional marks

EXAM TIPS

Key tactics

Time management!

Question practice!

Application of knowledge!

EXAM PITFALLS

Bullet lists!

Irrelevant information!

Disorganised approach!

Examiners’ reportsExam

ReviewBoard

TO CONCLUDE

Understand!

Read!

Answer!