Professional Qualification Syllabus

role NAME SYLLABUS KAPLAN (CHAPTERS) BPP (CHAPTERS)A pecuniary MANAGEMENT FUNCTIONThe nature and intend of pecuniary counselFinancial objectives and therelationship with corporate strategyStakeholders and impact oncorporate objectivesFinancial and early(a) objectives in not-for-profit organisationThe financial management functionFinancial management and financial objectivesB FINANCIAL MANAGEMENT ENVIROMENTThe scotch surroundings 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 CAPITAL MANAGEMENTThe nature, elements andimportance of running(a) crownManagement of inventories, accounts receivable, accounts payable and cashDetermining working enceinte needs and backing strategiesWorking capital management8. WCM (Inventory control)WCM (Accounts recei vable and payable)10.WCM (Cash and funding strategies)Working capitalManaging working capitalWorking capital payD INVESTMENT APPRAISALInvestment appraisal techniquesAllowing for ostentatiousness and taxation in DCFAdjusting for risk and dubiety in investiture appraisalSpecific investment decisions (Lease or buy asset replacement capital rationing)Basic investment appraisal techniquesDiscounted cash lead techniquesFurther aspects of discounted cash flowsInvestment appraisal under uncertaintyAsset investment decisions and capital rationingInvestment decisionsInvestment appraisal using DCF methodsAllowing for splashiness and taxation10. Project appraisal and riskSpecific investment decisionsE bloodline FINANCESources of and raising business financeEstimating the cost of capitalSources of finance and their relative costsCapital structure theories and practical considerationsFinance for bantam and medium sized entities (SMEs)Sources of finance16. Dividend policyFinancial ratiosThe cost of capitalCapital structureSources of financeDividend policyGearing and capital structureThe cost of capitalCapital structure