Professional Qualification Syllabus

SECTION NAME SYLLABUS KAPLAN (CHAPTERS) BPP (CHAPTERS)A FINANCIAL MANAGEMENT prevailThe nature and purpose of financial managementFinancial objectives and therelationship with corporate strategyStakeholders and impact oncorporate objectivesFinancial and other objectives in not-for-profit organisationThe financial management functionFinancial management and financial objectivesB FINANCIAL MANAGEMENT ENVIROMENTThe economic environment forbusinessThe nature and role of financial markets and institutionsThe nature and role of moneyMarketsThe economic environment for businessFinancial markets and the treasury functionThe economic environment for businessFinancial markets, money markets and institutionsC WORKING keen MANAGEMENTThe nature, elements andimportance of working outstandingManagement of inventories, accounts receivable, accounts payable and cashDetermining working capital of the United States needs and funding strategiesWorking capital management8. WCM (Inventory control)WC M (Accounts receivable and payable)10.WCM (Cash and funding strategies)Working capitalManaging working capitalWorking capital financeD INVESTMENT APPRAISALInvestment idea techniquesAllowing for rising prices and taxation in DCFAdjusting for risk and uncertainty in investment funds appraisalSpecific investment decisions (Lease or buy asset replacement capital rationing)Basic investment appraisal techniquesDiscounted cash flow techniquesFurther aspects of discounted cash flowsInvestment appraisal under uncertaintyAsset investment decisions and capital rationingInvestment decisionsInvestment appraisal using DCF methodsAllowing for inflation and taxation10. Project appraisal and riskSpecific investment decisionsE employment FINANCESources of and raising business financeEstimating the cost of capitalSources of finance and their relative costsCapital social organisation theories and matter-of-fact considerationsFinance for small and medium sized entities (SMEs)Sources of finance16. D ividend policyFinancial ratiosThe cost of capitalCapital structureSources of financeDividend policyGearing and capital structureThe cost of capitalCapital structure