Financial Management Q&A 2020

New 2020 edition based on the updated 2020 ICAEW Study Manual and including analysis of mark allocation in all recent past papers through to September 2019 (December 2019 markscheme not available at the time of writing).

Short form question bank providing over 400 practice questions for the Professional Level Financial Management exam. Designed to complement past paper practice by splitting topics and concepts into smaller and more manageable chunks which you can revise many times before the exam, helping the knowledge to sink in.

Helps to build your confidence and avoid becoming overwhelmed by the large number of learning points in full exam standard questions. Instead, our Q&A tests one thing at once and therefore allows you to learn an issue properly before moving on.

Questions are organised into 10 chapters, covering all aspects of the syllabus.

Analysis of distribution of marks in past papers covering the 2009 to September 2019 period to help you focus your revision on key areas (December 2019 markscheme not available at the time of writing).

Questions are split into Narrative and Numerical chapters, allowing you to drill the easy narrative areas on their own – narrative questions account for 30-35% of a typical Financial Management paper but our experience is that students are generally quite weak on narrative areas as they have understandably put most of their revision efforts into the complex numerical aspects of the Financial Management syllabus. The Q&A will therefore help you to avoid any overemphasis on studying numerical topics which is typical of many failing candidates.

Detailed questions on investment appraisal, capital markets and WACC, hedging and other areas. Full explanation of hedging approaches and calculations.

All questions are designed to split topics into smaller parts, allowing you to study one thing at once and gradually build up knowledge.

See www.acasimplified.com for more information on our Q&A technique.