ACCA Certificate in Financial Management

Course Summary

The syllabus for FFM introduces students to different ways of managing finance within an organisation with the aim of enhancing business performance. This includes planning and controlling of cash flow in both the short and long term, how to manage capital investment decisions and managing trade credit for an efficient flow of cash.

Course Syllabus

Working capital management 

1. Working capital management cycle 

2. Inventory control 

3. Accounts payables and receivables control

Cash budgeting 

1. Nature and sources of cash 

2. Cash budgeting and forecasting

Managing cash balances 

1. Treasury function 

2. Overview of financial markets 

3. Managing deficit cash balances 

4. Managing surplus cash balances

Financing decisions 

1. Money in the economy 

2. Medium term financing 

3. Long term financing 

4. Financing for small and medium sized enterprises

Investment decisions 

1. Financing concepts 

2. Capital budgeting 

3. Capital investment appraisal

Credit management 

1. Legal issues 

2. Credit granting 

3. Monitoring accounts receivables 

4. Debt collection

Employability and technology 

1. Use computer technology to efficiently access and manipulate relevant information 

2. Work on relevant response options, using available functions and technology as would be required in the workplace 

3. Navigate windows and computer screens to create and amend responses to exam requirements, using the appropriate tools 

4. Present data and information effectively, using the appropriate tools