ACCA AFM: ADVANCED FINANCIAL MANAGEMENT:
ACCA AFM: “To apply relevant knowledge, skills, and exercise professional judgement as expected of a senior financial executive or advisor, in taking or recommending decisions relating to the financial management of an organisation.”
AFM is one of four Options papers, of which you are required to complete 2 to achieve ACCA membership. But AFM is also a glimpse into the world of Treasury and Corporate Finance, where the role of the accountant becomes much more forward looking and advisory, and where the accountant can really prove their worth in key business decision making. Instead of just reporting past transactions the accountant becomes a part of the top-level team making key decisions about the future of the company, whether at the operational, tactical or strategic level: decisions concerning investment management, funding, dividends and risk management.
Exciting though this is, you need a decent tutor to help you through this subject. Sunil has been training Corporate Finance for 30 years, and has an excellent reputation as a top tutor. He has been training online with FMELearnOnline since 2014.
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