ACCA
GLOBALBOX

P4 - KAPLAN Study Text

Also Read

Studying P4 Advanced Financial Management (AFM)

As the name suggests, this paper examines and tests advanced financial management topics and is especially suited to those who are thinking about a career in treasury field or are likely to be a part or involved in strategic financial management decisions.

1 What P4 Advanced Financial Management (AFM) is about

The main purpose of the syllabus is to develop candidates' ability to apply relevant knowledge and skills, and exercise and practice the professional judgement expected of a senior financial adviser, in taking or recommending financial management decisions that are likely to have an impact on the entire organization.

This is an advanced level ‘optional’ paper which builds on the topics covered in Skill level Paper F9 Financial Management. As an advanced paper, it requires and tests much more than just the candidate’s ability to perform calculations. Candidates ought to be capable to evaluate data, examine the potential financial and strategic consequences of taking investment decisions and advise on alternative courses of action, among different things, in both a domestic and international context.

The syllabus is divided into five main sections.

    The role of the senior financial adviser in the multinational company

      More than ever, organization management's responsibility towards all stakeholders is under scrutiny. They need to be conscious of different stakeholder groups' conflicting desires and be in a position to develop suitable financial strategies that fulfil each and every group's interests as much as possible. The impact of environmental factors should also be uppermost in their minds given the growing importance placed on such factors in the present modern business world.

      Ethical problems and issues can't be overlooked, ignored – ethics are expected to be a consistent theme in the examination, and ACCA Students will be expected to be in a position to take a realistic approach to identifying such issues in given scenarios.

      Multinational companies have their own unique and different set of challenges, such as having operations in international locations. You will be expected to have specific understanding and grasp of how to manage international finances and strategic business and financial planning for organizations with international operations.

    Advanced investment appraisal

      This part revisits investment and financing decisions with the emphasis moving from straightforward technical knowledge, information and understanding towards the strategic problems and issues associated with making investment decisions, both domestic and international.

    Acquisitions and mergers

      You will be expected to discuss the good judgement, logic of a growth strategy based on acquisitions, to choose and observe and apply an appropriate approach of valuation and make strategic decisions concerning how the merger or acquisition must be financed. Candidates will be required to act in an advisory and also in technical capacity.

    Corporate reconstruction and reorganisation

      This area looks at how to put together a restructuring package and methods in which an organisation would possibly be reorganised (for example, management buyouts and sell-offs). As above, you will be anticipated to act in both a technical and advisory capability in questions on this section.

    Treasury and advanced risk management techniques

      This part covers distinct areas of risk and how to measure and manage them. Currency risks and Interest rate and the derivatives used to hedge against them are considered in detail. You will be required now not only to know how the derivatives work but additionally to advise on the best techniques of hedging in particular scenarios.

2 Skills you have to demonstrate

2.1 Knowledge and application

Even with exams you have previously taken, you'll remember that passing didn't solely mean reproducing knowledge. You also had to apply what you knew. At Professional level, the stability is tilted much more toward application. You will need to be have a sound basis of technical knowledge. The exams will detect whether or not you have the necessary knowledge. However, you may not pass if you just spend your time acquiring knowledge. Developing application competencies is vital.

2.2 Application skills

What application competencies do you need? Many P4 Advanced Financial Management (AFM) questions will include detail in a scenario about a particular organisation. The following skills are especially important when you're dealing with question scenarios.

  1. Identifying the most important features and aspects of the company and the organisation's environment. Clues to these will be scattered during the scenario. The technical knowledge, information and understanding that you have should help you do this, however you will also need business knowledge and awareness and imagination. There will be a main and primary theme running thru most scenarios that you will need to identify.
  2. Using analysis methods and techniques that will provide you more insight into the data and information that you are given.
  3. Making informed judgements that observe from your evaluation about what the company is doing and should be doing.
  4. Communicating definitely and concisely your evaluation and recommendations.

3 How to pass

3.1 Study the whole syllabus

You need to be comfy with all areas of the syllabus. Compulsory Question 1 will always span a range of syllabus areas and other questions may also do so as well. In particular you have to have a very good, proper, accurate and suitable knowledge and awareness of the issues in the ethical section of the syllabus, as compulsory Question 1 will always include a component on ethics.

The examination team has also stressed that study and revision cover the whole syllabus in detail. Students should not question spot or prioritize one part and area of the syllabus over another. The examination team has recognized in its examination team's reports those topics which candidates who question spotted clearly believed would not be examined, however unluckily were.

3.2 Focus on themes, now not lists

There are quite a wide variety of lists in the Texts. This is inevitable due to the fact corporate governance guidance quoted as best and great practice is often in list form. Lists are also once in a while the clearest way of presenting information. However, the examination team has stressed that passing the exam is no longer a matter of learning and reproducing lists. Good answers will have to focus on the details in the scenario and convey out the underlying themes that relate to the scenario.

3.3 Read around

Wider reading will help you to understand the main problems and issues organizations and businesses face. Most importantly you should read the technical articles on the ACCA official site that are relevant to P4 Advanced Financial Management (AFM).
Websites such as www.Reuters.com are also a beneficial and useful source of information on current trends in the financial environment.

3.4 Lots of question practice

You can develop application competencies by way of attempting questions in the Practice Question Bank and later on in the BPP Learning Media Practice Revision Kit.

4 Answering questions

4.1 Analysing question requirements

It's particularly essential to consider the question requirements cautiously and carefully to make sure you understand exactly what the question is asking, and whether each question section and part has to be answered relating to the scenario or is more general. You should also need to be sure that you understand all the tasks that the question is asking you to perform.

If for example you are asked to:
'Discuss the benefits and disadvantages of a company, organisation entering into an overseas joint venture rather of setting up overseas independently’, then you would explain:

  • The merits of joint venture as a method and technique of getting into an overseas market.
  • The merits of placing and setting up independently in an overseas market.
  • In both cases you would support, assist your argument using the clues in the scenario.
  • You would not talk about whether or not a company, organisation must enter this overseas market (this is an extract from a previous exam question, and many candidates made this mistake).

4.2 Understanding the question verbs

IMPORTANT!
In the report for the first P4 Advanced Financial Management (AFM) exam, the examination team highlighted lack of grasp and understanding of the requirements of question verbs as the most serious weakness in many candidates' scripts. The examination team will use question verbs very intentionally and deliberately to signal what is required.

p4 - Study Text

If downloading link is expired, Comment below OR Let us know here...! 👈
Join us on Facebook:

Good Luck 👍 and Enjoy! 😊


ACCA, ACCA MATERIAL, ACCA MATERIAL PDF, ACCA p4 bpp Exam kit 2020, ACCA p4 bpp Exam kit 2021, ACCA p4 bpp Exam kit pdf 2020, ACCA p4 bpp Exam kit pdf 2021, ACCA p4 bpp Revision Kit 2020, ACCA p4 bpp Revision Kit 2021, ACCA p4 bpp Revision Kit pdf 2020 , ACCA p4 bpp Revision Kit pdf 2021 , ACCA p4 bpp Study Text 2020, ACCA p4 bpp Study Text 2021, ACCA p4 bpp Study Text pdf 2020, ACCA p4 bpp Study Text pdf 2021, ACCA p4 afm bpp Exam kit 2020, ACCA p4 afm bpp Exam kit 2021, ACCA p4 afm bpp Exam kit 2022, ACCA p4 afm bpp Exam kit pdf 2020, ACCA p4 afm bpp Exam kit pdf 2021, ACCA p4 afm bpp Exam kit pdf 2022, ACCA p4 afm bpp Revision Kit 2020, ACCA p4 afm bpp Revision Kit 2021, ACCA p4 afm bpp Revision Kit 2022, ACCA p4 afm bpp Revision Kit pdf 2020, ACCA p4 afm bpp Revision Kit pdf 2021, ACCA p4 afm bpp Revision Kit pdf 2022, ACCA p4 afm bpp Study Text 2020, ACCA p4 afm bpp Study Text 2021, ACCA p4 afm bpp Study Text 2022, ACCA p4 afm bpp Study Text pdf 2020, ACCA p4 afm bpp Study Text pdf 2021, ACCA p4 afm bpp Study Text pdf 2022, Download p4 bpp Latest 2019 Material, Free, Free ACCA MATERIAL PDF, Free ACCA MAterial, Free Download, Free Download ACCA MATERIAL PDF, Free download ACCA MATERIAL, Free p4 Material 2019, Free p4 Material 2020, Free p4 Material 2021, Free p4 Material 2022, Latest 2019 ACCA Material PDF, Latest ACCA Material, Latest ACCA Material PDF, MATERIAL PDF, acca, acca 2020, acca 2020 conference, acca 2020 exam dates, acca 2020 exam fees, acca 2020 subscription fee, acca 2020 syllabus, acca 2021, acca afm syllabus, acca afm syllabus 2020, acca afmbreviation, acca afmend, acca afmout, acca afmroad, acca afmu dhabi, acca cpd afm magazine, acca d'abondance, acca exams, acca p4 2019, acca p4 2019 pdf, acca p4 2019 syllabus, acca p4 2020, acca p4 2020 pdf, acca p4 2020 syllabus, acca p4 2021, acca p4 2021 pdf, acca p4 2021 syllabus, acca p4 2022, acca p4 2022 pdf, acca p4 2022 syllabus, acca p4 book 2019, acca p4 book 2019 pdf, acca p4 book 2020, acca p4 book 2020 pdf, acca p4 book 2021, acca p4 book 2021 pdf, acca p4 book 2022, acca p4 book 2022 pdf, acca p4 advance financial management pdf 2018, acca p4 advance financial management pdf 2019, acca p4 advance financial management pdf 2019 bpp, acca p4 advance financial management pdf 2020, acca p4 advance financial management pdf 2020 bpp, acca p4 advance financial management pdf 2021, acca p4 advance financial management pdf 2021 bpp, acca p4 advance financial management pdf 2022, acca p4 advance financial management pdf 2022 bpp, acca p4 advance financial management question bank, acca p4 syllabus 2019, acca p4 syllabus 2020, acca p4 syllabus 2021, acca p4 syllabus 2022, acca global afm, acca global box, acca global afm magazine, acca global advance financial management, acca global wall, acca ie3 2020, acca ireland afm magazine, acca juke box, acca knowledge afm, acca afm (p4) advance financial management, acca afm articles, acca afm book, acca afm book pdf, acca afm bpp, acca afm cbe, acca afm cbe specimen, acca afm course, acca afm cpd, acca afm cpd articles, acca afm direct, acca afm exam, acca afm exam dates, acca afm exam fees, acca afm exam format, acca afm exam papers, acca afm exam structure, acca afm exam tips, acca afm examiners report, acca afm p4, acca afm lectures, acca afm ma afm, acca afm magazine, acca afm magazine cpd, acca afm magazine cpd articles, acca afm magazine hong kong, acca afm magazine ireland, acca afm magazine pdf, acca afm magazine subscription, acca afm magazine uk, acca afm magazine uk edition, acca afm notes, acca afm open tuition, acca afm paper, acca afm pass rate, acca afm past exam papers, acca afm past papers, acca afm past questions, acca afm pdf, acca afm practice exam, acca afm practice questions, acca afm practice test, acca afm questions, acca afm quiz, acca afm revision, acca afm revision kit, acca afm revision notes, acca afm specimen, acca afm study guide, acca afm study text, acca afm syllabus, acca afm test, acca afm textbook, acca advance financial management afm, acca advance financial management bpp, acca advance financial management exam, acca advance financial management exam dates, acca advance financial management exam kit, acca advance financial management p4 notes, acca advance financial management past papers, acca advance financial management revision, acca advance financial management technical articles, acca advance financial management textbook, acca online, accaglobalbox, accaglobalbox.blogspot.com, accaglobalbox.com, accaglobalwall, accajukebox, accajukebox.blogspot.com, accajukebox.com, accountancy wall, accountancywall, aglobalwall, bpp acca afm, bpp acca books afmee download, certified public advance financial management definition, chartered advance financial management, chartered advance financial management definition, chartered advance financial management meaning, chartered advance financial management salary, p4 bpp Latest 2019 material, p4 bpp Latest 2020 Material, p4 bpp Latest 2020 material, p4 bpp Latest 2021 Material, p4 bpp Latest 2021 material, p4 bpp Latest 2022 Material, p4 bpp Latest 2022 material, p4 Material 2019, p4 Material 2020, p4 Material 2021, p4 Material 2022, p4 acca book pdf 2019, p4 acca book pdf 2020, p4 acca book pdf 2021, p4 acca book pdf 2022, p4 acca syllabus 2019, p4 acca syllabus 2020, p4 acca syllabus 2021, p4 acca syllabus 2022, p4 advance financial management book pdf, p4 advance financial management bpp pdf, p4 advance financial management pdf, p4- advance financial management-revision kit-bpp.pdf, afmb advance financial management, global wall, hoeveel pe punten advance financial management, how to get advance financial management, importance of chartered advance financial management, importance of advance financial management, junior advance financial management, ledengroep advance financial management, lidmaatschap nba advance financial management, afm in acca, advance financial management afm, advance financial management afm - study text, advance financial management afm exam, advance financial management - study text, advance financial management acca, advance financial management acca book pdf, advance financial management acca exam, advance financial management acca p4, advance financial management acca notes, advance financial management acca pdf, advance financial management acca syllabus, advance financial management betekenis, advance financial management book, advance financial management book acca, advance financial management book afmee download, advance financial management book pdf, advance financial management bpp, advance financial management bpp pdf, advance financial management course outline, advance financial management environment, advance financial management exam, advance financial management exemption, advance financial management p4, advance financial management p4 notes pdf, advance financial management p4 pdf, advance financial management job description, advance financial management magazine, advance financial management means, advance financial management module, advance financial management nba, advance financial management notes, advance financial management notes pdf, advance financial management pdf, advance financial management pe-verplichting, advance financial management practice questions, advance financial management questions and answers, advance financial management salary, advance financial management study guide, advance financial management syllabus, advance financial management syllabus acca, advance financial management textbook, advance financial management textbook pdf, advance financial management vacature, meaning of an advance financial management, nba pe verplichting advance financial management, advance financial management definition, responsibilities of advance financial management, role of an advance financial management, role of cost advance financial management, role of advance financial management, role of advance financial management environment, role of advance financial management organisation, role of management advance financial management organisation, role of management advance financial management organization, van doormalen advance financial management, verplichte cursus advance financial management, vgba advance financial management, wanneer ben je advance financial management, wat is een advance financial management, wat is advance financial management, what is an advance financial management, what is advance financial management, what is advance financial management studies, zelfstudie advance financial management,

Post a Comment

11 Comments

  1. I can't download I think the link has expired

    ReplyDelete
  2. Contact me at: omorej4@gmail.com for 2021-2022 BPP and Kaplan materials

    ReplyDelete
    Replies
    1. I have sent you an email, would you kindly reply. I am also looking for the materials.

      Delete
  3. I can't download p4 text and kit for march 2022

    ReplyDelete
  4. Contact me at: omorej4@gmail.com for 2022-2023 Kaplan Study texts and Exam kits. Also 2022 ICAEW workbooks and question banks

    ReplyDelete
  5. Contact me at : omorej4@gmail.com for 2023-2024 ACCA Kaplan Study Texts + Exam kits + pocket notes

    ReplyDelete
  6. same here can't download

    ReplyDelete
  7. Contact me at : omorej4@gmail.com for 2023-2024 ACCA Kaplan Study Texts + Exam kits + pocket notes

    ReplyDelete
  8. Unable to download study text and exam kit for p4

    ReplyDelete

Thanks for leaving a comment! Admin will reply as soon as possible.