to pass
A guide to help
you if you are
studying
Financial
Management
F9
GETTING
STARTED
Prepare to pass
LEARNING
PHASE
REVISION
PHASE
Getting started
03
Learning phase
09
Revision phase
15
Final preparation
19
The exam
21
Stages of
study
Sections
FINAL
PREPARATION
Appendix Links23
This guide applies to paper-based exams for September
and December 2015 and March and June 2016.
THE EXAM
APPENDIX
LINKS
02
GETTING
STARTED
REVISION
PHASE
LEARNING
PHASE
Your checklist
FINAL
PREPARATION
THE EXAM
03
APPENDIX
LINKS
Getting started
GETTING
STARTED
04
APPENDIX
LINKS
Remember to personalise
your edition of Student
Accountant so you receive
F9 specific information
as you need it.
THE EXAM
-p
ast exam questions updated
for changes to the syllabus,
question style and exam format
as well as practice questions and
answers and full mock exams
to ensure you are fully prepared
for your exam.
FINAL
PREPARATION
REVISION
PHASE
LEARNING
PHASE
GETTING
STARTED
Wednesday
Thursday
Friday
Saturday
Sunday
Week 1
Monday
Tuesday
Wednesday
Thursday
Friday
Saturday
Sunday
Week 2
Monday
Tuesday
Wednesday
Thursday
Friday
Saturday
Sunday
Week 3
Monday
Tuesday
Wednesday
Thursday
Friday
Saturday
Sunday
Week 4
Monday
Tuesday
Wednesday
Thursday
Friday
Saturday
Sunday
Week 5
Monday
Tuesday
Wednesday
Thursday
Friday
Saturday
Sunday
Week 6
Monday
Tuesday
Wednesday
Thursday
Friday
Saturday
Sunday
Week 7
Monday
Tuesday
Wednesday
Thursday
Friday
Saturday
Sunday
Week 8
Monday
Tuesday
Wednesday
Thursday
Friday
Saturday
Sunday
Week 9
Monday
Tuesday
Wednesday
Thursday
Friday
Saturday
Sunday
Week 10
Monday
Tuesday
Wednesday
Thursday
Friday
Saturday
Sunday
REVISION
Week 12
REVISION
Week 13
REVISION
Week 14
REVISION
Week 15
REVISION
Week 16
05
Other commitments
APPENDIX
LINKS
THE EXAM
Week 11
FINAL
PREPARATION
Tuesday
REVISION
PHASE
Monday
Calculate the number of weeks
from now until your exam
date and draw up a plan see
the example to the left and a
possible proforma for you to
use on the next page
LEARNING
PHASE
Monday
Tuesday
Print out and write down when you will study, relax and revise!
Wednesday
Thursday
Friday
Saturday
GETTING
STARTED
Sunday
Week 1
LEARNING
PHASE
Week 2
Week 3
Week 4
REVISION
PHASE
Week 5
Week 6
Week 7
FINAL
PREPARATION
Week 8
Week 9
Week 10
Week 12
REVISION
Week 13
REVISION
Week 14
REVISION
Week 15
REVISION
Week 16
06
Other commitments
APPENDIX
LINKS
REVISION
THE EXAM
Week 11
GETTING
STARTED
LEARNING
PHASE
gives you an understanding of the aims and objectives of the exam, learning
This
outcomes and exam structure
Scan the F9 specimen exam
specimen exam provides you with a clear picture of how F9 will be assessed
The
and how the exam is structured as well as the likely style and range of questions
REVISION
PHASE
Review the syllabus
& study guide
Read the exam technique
articles for F9
article Multiple-choice questions will provide you with a head start in terms
The
of knowing what to expect and how to approach exam standard questions
Familiarise yourself with
the formulae sheet
will be provided with this document in the exam and so you will not need to learn
You
these formulae
teams are looking for; these are critical to your success in passing F9
APPENDIX
LINKS
tips as well as pitfalls to avoid see extracts from the examiner's approach article
over the page
THE EXAM
these at the start of your studies will help you understand the focus of the
Using
exam by concentrating on the exam structure, question style, exam technique and
FINAL
PREPARATION
07
Read the examiner's approach
article and listen to the
examiner's approach interview
GETTING
STARTED
THE EXAM
Comments on
passing F9:
FINAL
PREPARATION
Comments on
the main capabilities for F9:
REVISION
PHASE
LEARNING
PHASE
APPENDIX
LINKS
08
GETTING
STARTED
FINAL
PREPARATION
REVISION
PHASE
LEARNING
PHASE
Your checklist
THE EXAM
09
APPENDIX
LINKS
Learning phase
FINAL
PREPARATION
REVISION
PHASE
LEARNING
PHASE
GETTING
STARTED
THE EXAM
APPENDIX
LINKS
10
GETTING
STARTED
THE EXAM
FINAL
PREPARATION
REVISION
PHASE
LEARNING
PHASE
APPENDIX
LINKS
11
Chapter
Content
Quiz/Test
7
8
Debt finance
Receivables collection
Foreign currency risk and its management
Business valuations
When watching the study support videos, focus at this stage on the technical aspects you will watch these
again during the revision phase and at that point you will be able to focus more on the exam technique aspects.
APPENDIX
LINKS
12
THE EXAM
13
14
15
16
17
18
19
FINAL
PREPARATION
REVISION
PHASE
Myopic management
LEARNING
PHASE
GETTING
STARTED
Chapter
Content
Quiz/Test
6
7
8
9
10
13 Dividend policy
14 Gearing and capital structure
15 The cost of capital
17
18
19
20
When watching the study support videos, focus at this stage on the technical aspects you will watch these
again during the revision phase and at that point you will be able to focus more on the exam technique aspects.
APPENDIX
LINKS
13
Business valuations
Market efficiency
Foreign currency risk
Interest rate risk
THE EXAM
16 Capital structure
FINAL
PREPARATION
12 Sources of finance
Receivables collection
Study support video: Working capital management
REVISION
PHASE
Myopic management
LEARNING
PHASE
GETTING
STARTED
Chapter
Content
Quiz/Test
6
7
8
9
10
11
12
13
14
15 Sources of finance
18 Capital structure
19 Financial ratios
20 Business valuations and market efficiency
When watching the study support videos, focus at this stage on the technical aspects you will watch these
again during the revision phase and at that point you will be able to focus more on the exam technique aspects.
APPENDIX
LINKS
14
Receivables collection
THE EXAM
16 Dividend policy
17 The cost of capital
FINAL
PREPARATION
REVISION
PHASE
Myopic management
LEARNING
PHASE
GETTING
STARTED
GETTING
STARTED
REVISION
PHASE
LEARNING
PHASE
Your checklist
FINAL
PREPARATION
THE EXAM
APPENDIX
LINKS
Revision phase
GETTING
STARTED
THE EXAM
FINAL
PREPARATION
Work through the specimen exam
this will provide you with a clear
picture of what the exam will look
like making sure you know what
to expect on the day
REVISION
PHASE
W
ork through as many questions
as possible and all mock exams
included in the Approved Content
Provider question and answer
banks remember these are best
for question practice as they include
past exam questions updated for
syllabus and format changes
LEARNING
PHASE
Exam-standard question practice
is vital now
APPENDIX
LINKS
16
GETTING
STARTED
View the study support video Business Finance
which will give you some real pointers in terms
of exam technique
THE EXAM
Make sure you read the study skills articles in
Student Accountant covering topics such as how
to overcome exam anxiety as well as checking the
Student Accountant Hub for any new technical
articles related to F9
FINAL
PREPARATION
Read the exam technique article Multiple-choice
questions this time using the techniques to help
you practice questions
REVISION
PHASE
Remind yourself of areas that students often struggle
with and obtain tips on how to ensure you do not make
the same mistakes by reviewing the examiner's reports
from the last four sittings again
LEARNING
PHASE
Review the examiner's approach article and examiner's
approach interview again in the context of what you
have learnt
APPENDIX
LINKS
17
Comments on
Section A Question 10:
Which of the following statements concerning working capital are correct?
1 Working capital should increase as sales increase
3 Overtrading is also known as under-capitalisation
A 1 and 2 only
B 1 and 3 only
C 2 and 3 only
D 1, 2 and 3
THE EXAM
FINAL
PREPARATION
Comments on
Section B Question 1(b):
REVISION
PHASE
LEARNING
PHASE
GETTING
STARTED
APPENDIX
LINKS
18
GETTING
STARTED
FINAL
PREPARATION
PREPERATION
REVISION
PHASE
LEARNING
PHASE
Your checklist
19
APPENDIX
LINKS
Final preparation
THE EXAM
GETTING
STARTED
1-2
1-2
1-2
1-2
1-2
REVISION
PHASE
Maximum6
1
1
1
1
4
10
THE EXAM
FINAL
PREPARATION
PREPERATION
LEARNING
PHASE
20
GETTING
STARTED
REVISION
PHASE
THE EXAM
21
APPENDIX
LINKS
The exam
FINAL
PREPARATION
LEARNING
PHASE
Your checklist
GETTING
STARTED
LEARNING
PHASE
22
APPENDIX
LINKS
Good
Luck!
THE EXAM
FINAL
PREPARATION
REVISION
PHASE
GETTING
STARTED
LEARNING
PHASE
REVISION
PHASE
FINAL
PREPARATION
THE EXAM
23
APPENDIX
LINKS
Appendix Links
GETTING
STARTED
Appendix Links
04
http://www.accaglobal.com/gb/en/student/acca-qual-student-journey/exams/enter-an-exam.html
04, 11, 16
http://www.accaglobal.com/gb/en/student/your-study-options/alp-content.html
04
https://www.accalearningcommunity.com/
04
http://www.accaglobal.com/gb/en/student/apps.html
04
http://www.accaglobal.com/gb/en/student/exam-support-resources.html
04
Student section
http://www.accaglobal.com/gb/en/student.html
04, 07, 20
http://www.accaglobal.com/gb/en/student/acca-qual-student-journey/qual-resource/acca-qualification/f9/syllabus-study-guide.html
07, 17
Examiner's reports
http://www.accaglobal.com/gb/en/student/acca-qual-student-journey/qual-resource/acca-qualification/f9/examiners-reports.html
07
http://www.accaglobal.com/gb/en/student/acca-qual-student-journey/qual-resource/acca-qualification/f9/exam-formulae-maths-tables.html
07, 16, 20
Specimen exam
http://www.accaglobal.com/gb/en/student/acca-qual-student-journey/qual-resource/acca-qualification/f9/specimen-exams.html
07, 17
http://www.accaglobal.com/gb/en/student/acca-qual-student-journey/qual-resource/acca-qualification/f9/technical-articles/examiner-approach.
html
07, 17
http://www.accaglobal.com/gb/en/student/exam-support-resources/fundamentals-exams-study-resources/f9/examiners-reports.html
07, 17
11
http://www.accaglobal.com/gb/en/student/acca-qual-student-journey/qual-resource/acca-qualification/f4/technical-articles/mcq-dec14.html
http://www.accaglobal.com/gb/en/student/practical-experience/performance-objectives.html
Myopic management
http://www.accaglobal.com/gb/en/student/acca-qual-student-journey/qual-resource/acca-qualification/f9/technical-articles/myopic-management-causes-and-remedies.html
12, 13, 14
Business valuations
http://www.accaglobal.com/gb/en/student/acca-qual-student-journey/qual-resource/acca-qualification/f9/technical-articles.html
12, 13, 14
http://www.accaglobal.com/gb/en/student/acca-qual-student-journey/qual-resource/acca-qualification/f9/technical-articles.html
12, 13, 14
http://www.accaglobal.com/gb/en/student/acca-qual-student-journey/qual-resource/acca-qualification/f9/technical-articles/introduction-toislamic-finance.html
http://www.accaglobal.com/gb/en/student/acca-qual-student-journey/qual-resource/acca-qualification/f9/technical-articles.html
12, 13, 14
http://www.accaglobal.com/gb/en/student/acca-qual-student-journey/qual-resource/acca-qualification/f9/technical-articles.html
12, 13, 14
http://www.accaglobal.com/gb/en/student/acca-qual-student-journey/qual-resource/acca-qualification/f9/technical-articles.html
APPENDIX
LINKS
THE EXAM
12, 13, 14
24
FINAL
PREPARATION
URL
REVISION
PHASE
Link
LEARNING
PHASE
Page No.
GETTING
STARTED
Appendix Links
Link
URL
12, 13, 14
http://www.accaglobal.com/gb/en/student/acca-qual-student-journey/qual-resource/acca-qualification/f9/technical-articles.html
12, 13, 14
Receivables collection
http://www.accaglobal.com/gb/en/student/acca-qual-student-journey/qual-resource/acca-qualification/f9/technical-articles.html
12, 13, 14
http://www.accaglobal.com/gb/en/student/acca-qual-student-journey/qual-resource/acca-qualification/f9/technical-articles.html
12, 13, 14
Business angels
http://www.accaglobal.com/gb/en/student/acca-qual-student-journey/qual-resource/acca-qualification/f9/technical-articles/business-angels.html
12, 13, 14
12, 13, 14
12, 13, 14
17
http://www.accaglobal.com/gb/en/student/acca-qual-student-journey/qual-resource/acca-qualification/f9/technical-articles/capm-part1.html
http://www.accaglobal.com/gb/en/student/acca-qual-student-journey/qual-resource/acca-qualification/f9/technical-articles/capm-part2.html
http://www.accaglobal.com/gb/en/student/exam-support-resources/fundamentals-exams-study-resources/f9/technical-articles/eac.html
http://www.accaglobal.com/gb/en/student/acca-qual-student-journey/qual-resource/acca-qualification/f9/technical-articles.html
http://www.accaglobal.com/gb/en/student/acca-qual-student-journey/qual-resource/acca-qualification/f9/technical-articles.html
12, 13, 14
http://www.accaglobal.com/gb/en/student/acca-qual-student-journey/qual-resource/acca-qualification/f9/technical-articles.html
17
http://www.accaglobal.com/gb/en/student/acca-qual-student-journey/sa.html
FINAL
PREPARATION
12, 13, 14
http://www.accaglobal.com/gb/en/student/acca-qual-student-journey/qual-resource/acca-qualification/f9/technical-articles/CAPM-theory.html
REVISION
PHASE
12, 13, 14
LEARNING
PHASE
Page No.
THE EXAM
APPENDIX
LINKS
25