ACCA F9 Kaplan_Ftc Exam Tips for Jun 200909年ACCA_CAT考试

文章作者 100test 发表时间 2009:06:15 07:34:23
来源 100Test.Com百考试题网

　　F9 – Financial Management
　　•. Investment appraisal - NPV/IRR with tax, inflation and working capital is a favourite
　　topic of the examiner, although areas not examined to date include payback,
　　replacement analysis, capital rationing and lease v buy.
　　•. Working Capital Management - receivables are traditionally the most
　　popular topic but payables and cash are due a turn.
　　•. Cost of Capital – given recent articles CAPM, its advantages and disadvantages,
　　and its use in calculating a cost of equity and a risk-adjusted WACC must be expected.
　　•. Risk Management - hedging foreign exchange risk
　　•. Business Finance - gearing/capital structure calculations and comment
　　•. Valuations - asset and cash flow based values