Exam date:
Thursday 4 December 2008
Examiner: Antony Head
Paper F9
Financial Management
Paper F9 Syllabus
Paper F9 Student Accountant Articles
Paper F9 Past Exams - Questions and Answers
News
Revision notes for Paper F9 December 2008 exams are now available below.
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List of good for practice Past ACCA Exam Questions from Paper 2.4 is now published below
Tips for ACCA Paper F9 Dec 2008 exam
Question 1
Foreign exchange:
Forecasting exchange rate
Managing risk (forward rates / money markets)
Question 2
WACC calculation / discussion of ways of raising finance
Question 3
Receivables management / cash management - Miller Orr
Question 4
Capital Rationing / discussion of limitations
Paper F9 December 2008 revision notes
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F9 Revision Video Lectures - Answers to Revision notes
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Paper F9 Course Notes (December 2008)
Please note that these course notes are not meant to replace study texts.
- Contents - Aims and Objectives
- Chapter 1 - Financial management objectives
- Chapter 2 - The financial management environment
- Chapter 3 - Management of working capital (1)
- Chapter 4 - Management of working capital (2) – stock
- Chapter 5 - Management of working capital (3) – debtors and creditors
- Chapter 6 - Management of working capital (4) – cash
- Chapter 7 - Investment Appraisal - Methods
- Chapter 8 - Relevant Cash Flows for DCF
- Chapter 9 - Discounted cash flow – further aspects
- Chapter 10 - Investment appraisal under uncertainty
- Chapter 11 - Sources of finance – equity
- Chapter 12 - Sources of finance – debt
- Chapter 13 - Capital structure and financial ratios
- Chapter 14 - The valuation of securities – theoretical approach
- Chapter 15 - The valuation of securities – practical issues
- Chapter 16 - The cost of capital
- Chapter 17 - When (and when not!) to use the WACC for investment appraisal
- Chapter 18 - The cost of Capital- the effect of changes in gearing
- Chapter 19 - Capital Asset Pricing Model
- Chapter 20 - CAPM and MM Combined
- Chapter 21 - Forecasting foreign currency exchange rates
- Chapter 22 - Foreign exchange risk management
- Chapter 23 - Interest rate risk management
- Answers to Examples
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Video Lectures for Paper F9
ACCA Tutorials for Paper F9 December 2008 exams.
Please download free course notes for these lectures.
Audio Lectures for Paper F9
Listen on line to live lectures
- Chapter 5 - Factoring
- Chapter 6 Example 1 (Cash Budgets)
- Chapter 6 Example 2 (Baumol Model)
- Chapter 6 Example 3 (Miller Orr Model)
- Chapter 8 Example 1 (Relevant Cash Flows for DCF)
- Chapter 8 Example 2 (Working Capital)
- Chapter 8 Example 3 (Taxation part 1)
- Chapter 8 Example 3 (Taxation part 2)
- Chapter 8 Example 4 (Inflation)
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Past F9 Exam Questions for Practice
All Past F9 Questions are good for practice.
Here is a list of good for practice questions for Paper F9 from OLD paper 2.4 Syllabus
You can find all these exams on this ACCA page>>
December 2002 – Q4 – Leaminger – Lease & Buy / Capital rationing
June 2003 – Q1 – Springbank – NPV / ratios
June 2003 – Q3 – Velm - working capital management
June 2003 – Q4 – Tagna – efficient markets etc
December 2003 – Q1 – Doe – working capital management
December 2003 – Q3 – Basril – Capital rationing
June 2004 – Q1 – Nespa – NPV etc
June 2004 – Q2 – Blin – working capital management
June 2004 – Q4 – Arwin – Gearing
December 2004 – Q3 – Tirwen – rights issues etc
December 2004 – Q5 – Umunat – risk and uncertainty
June 2005 – Q1 (not part (d)) – ARG – NPV / foreign exchange
June 2005 – Q4 – RZP – shareholders ratios
June 2005 – Q5 – TNG - working capital management
December 2005 – Q1 (not part (e)) – BFD – NPV etc
December 2005 – Q4 – AGD – lease and buy
December 2005 – Q5 – Thorne – cash budget
June 2006 – Q1 – Merton – working capital / sources of finance
June 2006 – Q5 – Charm – NPV
December 2006 – Q1 – Hendil – sources of finance
December 2006 – Q2 – Replacement / capital rationing
December 2006 – Q3 – Anjo – working capital management
June 2007 – Q1 (not part (e)) – GTK – NPV / sources of finance
June 2007 – Q4 – TFR – sources of finance
June 2007 – Q5 – PNP – working capital management / foreign exchange
Examiners Recommended Reading
D Watson, A Head, Corporate Finance: Principles and Practice (3rd edition)
FT Prentice Hall
A Griffiths, D Wall,Applied Economics (10th edition)
FT Prentice Hall
J Van Horne, J Wachowitz, Fundamentals of Financial Management (12th edition)
FT Prentice Hall
These books are recommended by the examiner . If you are having problems with a particular paper, or if you want to do extra reading out of interest, then you might them useful.
The most efficient way of obtaining them is from Amazon in the UK.
