ACCA: AFM(P4) Complete Advanced Financial Management Course

Name: ACCA: AFM(P4) Complete Advanced Financial Management Course
Rating: 3.9 (43 reviews)

Pass Your ACCA Exam In A Single Attempt

Created bySteven Khor, MIA, CFP, MBA,BA

Last updated 4/2026

English

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What you'll learn

A) Explain and evaluate the role and responsibility of the senior financial executive or advisor in meeting conflicting needs of stakeholders.
B) Evaluate potential investment decisions and assessing their financial and strategic consequences, both domestically and internationally.
C) Assess and plan acquisitions and mergers as an alternative growth strategy.
D) Evaluate and advise on alternative corporate re-organisation strategies.
E) Apply and evaluate alternative advanced treasury and risk management techniques.
F) Apply a range of professional skills in addressing requirements within the Advanced Financial Management exam.

Course content

1 section • 44 lectures • 38h 18m total length

Overview of Advanced Financial Management7:59
In this overall view, you will be able to understand the nature of the AFM paper and the examination format. Attached below is the latest syllabus of AFM for your reference. We will cover all the syllabus to ensure you have completely prepared for your examination.
Chapter 1 Unit 1.1 Roles of Senior Financial Executive9:52
In Chapter 1, you will learn the following:
Part A: Explain and evaluate the role and responsibility of the senior financial executive or advisor in meeting conflicting needs of stakeholders and recognise the role of international financial institutions in the financial management of multinationals
a) Develop strategies for the achievement of the organisational goals in line with its agreed policy framework.[3]
b) Recommend strategies for the management of the financial resources of the organisation such that they are utilised in an efficient, effective and transparent way.[3]
c) Advise the board of directors or management of the organisation in setting the financial goals of the business and in its financial policy development with particular reference to:[3]
i) Investment selection and capital resource allocation
ii) Minimising the cost of capital
iii) Distribution and retention policy
iv) Communicating financial policy and corporate goals to internal and external stakeholders
v) Financial planning and control
vi) The management of risk.
Chapter 1 Unit 1.2 Financial Management Strategies10:02
In Chapter 1 Unit 1.2, you will learn the financial management strategies that financial executives can implement.
Chapter 1 Unit 1.3 Setting the financial goals16:33
Examine how firms set financial goals and policies, balancing risk, dividends, gearing, and profit retention to maximize shareholder wealth. Learn wealth measurement and TSR calculations.
Chapter 1 Unit 1.4 Earning Per Shares (EPS)9:58
In this unit, you will learn Earning Per Share (EPS), the meaning of EPS and its advantages and limitations.
Chapter 1 Unit 1.5 Capital Rationing15:06
In this unit, you will learn the capital rationing.
Chapter 1 Unit 1.6 Investing Decisions8:24
In this unit, you will learn how the finance manager made the investment decisions.
Chapter 1 Unit 1.7 Financing Decisions23:06
In this unit, you will learn how the finance manager obtains short term and long term financing.
Chapter 1 Unit 1.8 Dividend Decisions16:13
In this unit, you will learn how the finance manager decides on distribution of dividend.
Chapter 1 Unit 1.9 Strategic Cash Flow Planning9:01
In this unit, you will learn how the finance manager manages the cash flow of the company.
Chapter 1 Unit 1.10 The Management of Risks6:30
In this unit, you will learn how the finance manager manages the risks facing the company.
Chapter 2 Unit 2.1 Financial Ratios & Trend Analysis37:12
In this unit, you will assess organisational performance using methods such as ratios and trends.(Cover ACCA AFM Syllabus Part A 2a)
Practice : Financial Ratios Calculation & Comments
Chapter 2 Unit 2.2a Optimum Capital Structure29:42
In this unit, you will learn the optimum capital mix and structure within a specified business context and capital asset structure. (Cover ACCA AFM Syllabus Part A 2b)
Chapter 2 Unit 2.2b Issuing New Shares20:50
In this unit, you will learn the optimum capital mix and structure within a specified business context and capital asset structure. (Cover ACCA AFM Syllabus Part A 2b)
Chapter 2 Unit 2.3 Distribution & Retention Policy13:09
In this unit, you will learn the appropriate distribution and retention policy. (Cover ACCA AFM Syllabus Part A 2c)
Chapter 2 Unit 2.4 Management of Risk8:24
In this unit, you will learn the theoretical and practical rationale for the management of risk.[Cover ACCA AFM Syllabus Part A 2d]
Chapter 2 Unit 2.5 Organisation's Exposure to Risks13:01
In this unit, you will learn the organisation’s exposure to business and financial risk including operational, reputational, political, economic, regulatory and fiscal risk.[Cover ACCA AFM Syllabus Part A 2e]
Chapter 2 Unit 2.6 Framework for Risk Management22:06
In this unit, you will learn the framework for risk management, comparing and contrasting risk mitigation, hedging and diversification strategies (Cover ACCA AFM Syllabus Part A 2f)
Chapter 2 Unit 2.7 Capital Investment Monitoring System10:18
In this unit, you will learn the capital investment monitoring and risk management systems (Cover ACCA AFM Syllabus Part A 2g)
Chapter 2 Unit 2.8 Behavioural Finance10:00
In this unit, you will learn the impact of behavioural finance on financial strategies/securities prices and why they may not follow the conventional financial theories. (Cover the ACCA AFM Syllabus Part A 2h)
Chapter 3:Ethical and governance issues39:12
Examines ethical and governance issues in financial decision making, balances shareholders' wealth with stakeholder interests, and aligns policies with non-financial objectives, governance, and integrated reporting.
Chapter 4: Management of international trade and finance2:54:04
Explore the drivers of foreign direct investment, modes of entry like joint ventures and licensing, and how trade policies, WTO, IMF, and global markets shape international finance.
Chapter 5: Strategic business & financial planning for multinational companies1:54:03
Understand the financial planning framework for multinationals, financing overseas subsidiaries, managing currency risk by using the same currency or euro markets, and addressing transfer pricing, agency issues, and capital mobility.
Chapter 6: Dividend policy in multinationals and transfer pricing1:54:56
In this chapter, you will learn how organization distribute the dividend (i.e. cash or shares). Transfer pricing will also be discussed in this chapter.
Chapter 7: Discounted cash flow techniques1:10:10
In this chapter, you will review the calculation of NPV, IRR and MIRR when assessing the investment.
AFM Practice Tutorial 1- PYQ 2020 Dec Q13:02:23
In this tutorial session, you will learn how to attempt question 1.
Chapter 8: Application of option pricing theory in investment decisions1:51:26
In this chapter, you will learn call option, put option, real option, and how to value the option using Black-Scholes Pricing Model
Chapter 9: Impact of financing on investment decisions & adjusted present value1:16:02
Chapter 10: Valuation and the use of free cash flows1:07:20
Chapter 11: International investment and financing decisions1:45:18
Chapter 12: Acquisitions and mergers versus other growth strategies52:58
AFM Practice Tutorial 2 PYQ 2019 June Q12:31:04
Chapter 13: Valuation for acquisitions and mergers1:14:32
Chapter 14: Regulatory framework and processes29:39
Chapter 15: Financing acquisitions and mergers53:23
Chapter 16: Financial reconstruction1:01:45
Chapter 17: Business re-organisation1:05:13
Chapter 18: The role of the treasury function in multinationals56:03
In this chapter, you will learn the role of the treasury function in multinationals. Topics include the role of financial and money markets, banks, and other financial institutions in the money markets, money market instruments, and the treasury management function.
Tutorial 3: PYQ 2019 June Q2 and 32:41:08
Compare hedging methods for 84 million using forwards, futures, options, and swaps; assess costs, advantages, and risks, and explain treasury department roles in cash flow management and risk management.
Chapter 19 Part 1: Use of financial derivatives to hedge against forex risk1:04:28
In this chapter, you will learn the use of financial derivatives to hedge against forex risk. Topics include exchange rates, internal hedging techniques, managing transaction risk-forward contracts, money market hedging, choosing a hedging method, currency futures, and currency swaps.
Chapter 19 Part 2: Use of financial derivatives to hedge against forex risk1:10:38
Chapter 20: Part 1: Use of fin derivatives to hedge against interest rate risk36:12
In this chapter, you will learn the use of financial derivatives to hedge against interest rate risk. The topics include interest rate risk, hedging with forwarding rate agreements (FRA), interest rate futures, interest rate swaps, hedging strategy alternatives, issues surrounding the use of derivatives, and measuring the impact of risk factors.
Chapter 20: Part 2: Use of fin derivatives to hedge against interest rate58:35
In this chapter, you will learn the use of financial derivatives to hedge against interest rate risk. The topics include interest rate risk, hedging with forwarding rate agreements (FRA), interest rate futures, interest rate swaps, hedging strategy alternatives, issues surrounding the use of derivatives, and measuring the impact of risk factors.
Tutorial 4: Common Questions10:24

Requirements

None

Description

The aim of the syllabus is to apply relevant knowledge, and skills and exercise professional judgment as expected of a senior financial executive or advisor, in taking or recommending decisions relating to the financial management of an organization in the private and public sectors.

This syllabus develops upon the core financial management knowledge and skills covered in the Financial Management syllabus and prepares candidates to advise management and/or clients on complex strategic financial management issues facing an organization.

The syllabus starts by exploring the role and responsibility of a senior executive or advisor in meeting the competing needs of stakeholders within the business environment of multinationals. The syllabus then re-examines investment and financing decisions, with the emphasis moving towards the strategic consequences of making such decisions in a domestic, as well as international, context. Candidates are then expected to develop further advisory skills in planning strategic acquisitions and mergers and corporate re-organizations.

The next part of the syllabus re-examines, in the broadest sense, the existence of risks in business and the sophisticated strategies which are employed in order to manage such risks. It builds on what candidates would have covered in the Financial Management syllabus.

The professional skills section of the syllabus links to all others and provides a range of professional skills that the candidate must demonstrate in the exam. These professional skills will make candidates more

Who this course is for:

ACCA Students or anyone who wants to deepen his/her financial management knowledge.