Solving The Working Capital Dilemma

The ACCA AFM examiners have commented on several occasions within their reports that students struggle to deal with the working capital cash flows in ACCA AFM questions. This blog is designed to ensure we put this right. Working capital cash flows can appear in 3...

The Two Sides of TAD

ACCA AFM students will be familiar with Tax Allowable Depreciation (TAD). It is regularly tested across several syllabus areas. TAD is not a cash flow. It is used to ascertain taxable profit which allows us to find a cash flow – the tax payable (or saved). This blog...

“Build Up” Valuations

As stated in one of my earlier blogs, business valuations is a very important topic in ACCA AFM. A quick reminder of what I said there is as follows. To find the added value you will first of all find the pre-acquisition value of each company. This is the 2 + 2 = 4....

Should They Have Sold Out.

To continue my ACCA support blogs, today I am going to look at if Stephen & Rita made the correct decision to sell their company. Who may you ask are Stephen & Rita ? For those who are not aware, there was a question in a recent ACCA AFM exam about a small...