Think Outside Of The Box

This is my final support blog for ACCA FM & AFM sitting their exams a week from today. All things change over time. The exams have moved from paper based to CBE. Change also means thinking outside of the box. The concept of allocating minutes per mark is, in my...

What If ?

With two weeks to the ACCA FM & AFM CBE, let me continue my exam support blogs with a topic common to both exams. When carrying out investment appraisal we rely on forecast data. By their very nature, these are uncertain. Sensitivity analysis is a way of answering...

Which Direction?

In this third ACCA AFM & FM student support blog, I am turning my attention to the presentation of FX hedging and in particular the presentation of the exchange rates. The rates are always presented as bid(low) – offer (high). The key issue is whether these...

You Owe Me !

For this ACCA AFM & FM blog,let’s look at debts ! This is debts owed to the company. Money owed from customers. Receivables management. For FM students, this is a key topic. Certainly one of the most tested across all three sections. As far as the objective test...

Shall We Add Back TAD ?

In my first of ACCA AFM exam support blogs , I want to look at the regularly tested issue of Tax Allowable Depreciation (TAD). This piece is not about how you compute TAD as there are a variety of ways this can be done. No, this is about should we or should we not add...