Business and Financial ManagementThe Business and Financial Management paper develops the student's knowledge and skills from those covered in the Management Accounting paper and Professional 1 Level, and the related elements of the Foundation level. It covers the financing and capital requirements of organisation, investment decisions, valuation, international aspects of finance and working capital management. The approach relates the work and contribution of the accountant to

A Managing the Costs of Creating Value

limited companies including basic group accounts

The examining team will assume you know this material and it may form part of an exam question

C Informational Context of Business

Applied Management Accounting

P2 is concerned with how to create value for the organisation through the effective management of costs

A Business models and value creation

Financial investigation and queries

E Strategic control

The aim of the FFM syllabus is to develop knowledge and understanding of ways in which organisations finance their operations

calculate the amount of stamp taxes due in straightforward transactions

B Analysing the organisational ecosystem