ACCA资讯

ACCA 其它课程 金程教育 · 金色前程 · 在你我手中

考试题库课程直播资料

ACCA >> F9

2015年ACCA考试科目—F9大纲分析

发表时间:2015-06-09 来源:
【编者按】金程网校ACCA考试栏目为广大学员分享:2015年ACCA考试科目—F9大纲分析,帮助学员通过教材的辅导和真题的结合,加强训练,提升应试能力,金程网校为广大学员通过考试保驾护航。

我们在备考中需要找到有效的方法,再结合着ACCA培训老师的指导、考试大纲和真题梳理相关的考试内容,建立全面、系统的ACCA知识体系,加强训练,提高我们的应试能力! 2015年ACCA考试讲义+大纲+真题免费获取》》  
今天小编为大家带来的是ACCA考纲—F9科目的相关内容,希望帮助到大家备考!

Kaplan
Discussion of the economic environment and theimpact on interest and exchange rates.
Working capital management.
Investment appraisal and cost of capital.
Business valuations.
 
BPP
ACCAF9 has been tested using this exam format since December 2014.

Section A
20multiple choice questions worth 2 marks each. The MCQs will largely beknowledge based and will balance out the questions in Section B to make surethat all aspects of the syllabus are examined. It is likely that some of theMCQs will test the financial management and objectives (ratio analysis, theconcept of shareholder wealth) as well as economic environment and financialinstitutions topics (financial intermediation, fiscal and monetary policies).The efficient market hypothesis is likely to be tested here too.
Butbear in mind that the whole point of setting MCQs is to test good coverage ofthe syllabus in the exam.

Section B
Q1– Q3: Three 10 mark questions. The questions will be broken down into subrequirements and may also be based on a short scenario.

Areasexpected to be tested in questions 1 to 3 working capital management (theimpact of a change in credit period or accepting a factor’s offer), business orsecurity valuations (assets method and earnings valuation), financial riskmanagement (most likely in the form of currency risk but it is possible thatinterest rate risk is examined here).
 
Q4& Q5: Two 15 mark questions which will be broken down into sub requirementsand be scenario based. These two questions will focus on these topicsinvestment appraisal (likely to be an NPV with inflation and tax), workingcapital management and business finance (either an evaluation of financingoptions – interest coverage and gearing ratios are likely to be important hereor a cost of capital calculation are most likely). Whichever of these threetopics does not feature in question 4 or 5 will appear in question 1, 2 or 3.
 
F9has the following syllabus areas:
A Financial management function
B Financial management environment
CWorking capital management
DInvestment appraisal
EBusiness finance
FBusiness valuations
GRisk management
 
Generaladvice
Theexam is written so that approximately 50% of the marks will be numerical innature and the other 50% will be narrative (either knowledge or understandingin the case of multiple choice questions or requiring written answers insection B questions). You should not neglect your written skills. Try toexplain your points in full sentences rather than simply leaving a bullet pointanswer.
 
Atthe beginning of the exam you are given 15 minutes “reading and planning” time.During this time you can read and annotate your question paper and so this is aperfect chance to make notes next to the information in the scenarios of thingsto include in your answer.
 
Duringthis time you should also think about the order in which you will attempt thequestions – start with your best question first but remember to watch yourtiming very closely – you seriously damage your chances of passing if you donot attempt all the questions set or if you significantly run out of time.
 
Presentationis important. It is up to you to make it easy for your marker to give youmarks. It is your responsibility to convince the marker you deserve to pass, somake your computations, workings and narrative easy to follow.
 
LSBF
Calculatingcost of equity using CAPM or dividend valuation model, cost of redeemable debtand bank loan/preference shares. Circumstances under which WACC can be used. ? 
Calculationof NPV. 
Discussionquestion on risk and uncertainty – example – sensitivity analysis andprobability distribution.
 
Quantitydiscount (EOQ) and factoring calculations. Discussion of working capitalfinancing and/or investment policies.
Factorsto consider in formulating dividend policy or the effect of a change individend policy on share price.
 
Valuationof equity using; DVM, P/E ratio and asset basis. 
Valuationof convertible debt and calculation of conversion premium. Explanation of weakand strong form of efficient market.
 
Hedgingcurrency risk using forward contract and money market hedge. Discussion oftransaction, economic and translation risk.

为了帮助到广大学员更好的进行备考工作,金程网校开通考试题库,为广大学员分享ACCA考试真题,帮助学员了解ACCA报名时间等考试常见问题,为学员减少备考的障碍,更多资讯请及时关注金程网校动态。

完善表单免费领取ACCA备考资料,先到先得↓↓↓

————————————————————————————————————————

ACCA免费资料

                        你可能还会感兴趣的内容:
                        ACCA报考条件    

                        ACCA2015年ACCA讲义+大纲+真题免费索取【点击进入】:http://www.gfedu.cn/acca/accaspecial.shtml
                        ACC官方QQ群:166094870
                        ACCA微信号:Sjtu_ACCA

ACCA官方微信

400-700-9596
(每日9:00-21:00免长途费 )

©2014金程网校保留所有权利

TOP
X

注册金程网校

同意金程的《用户协议》

已有账号,马上登录