ACCA – Advanced Financial Management (AFM) – Optional

The syllabus starts by exploring the role and responsibility of a senior executive or advisor in meeting competing needs of stakeholders within the business environment of multinationals.



The Advanced Financial Management subject is designed to replicate the role of a senior financial executive or advisor and prepares candidates to advise management and/or clients on complex strategic financial management issues facing an organisation.

The syllabus starts by exploring the role and responsibility of a senior executive or advisor in meeting competing needs of stakeholders within the business environment of multinationals. The syllabus then examines investment and financing decisions, with the emphasis moving towards the strategic consequences of making such decisions in a domestic, as well as international, context. You are then expected to develop further advisory skills in planning strategic acquisitions and mergers and corporate re-organisations.

The next part of the syllabus examines, in the broadest sense, the existence of risks in business and the sophisticated strategies which are employed in order to manage such risks. Note: The Advanced Financial Management (AFM) exam is part of the Strategic Professional Level of the ACCA qualification. No exemption for this subject. Learning Outcomes On successful completion of this exam, candidates should be able to:
  • Explain and evaluate the role and responsibility of the senior financial executive or advisor in meeting conflicting needs of stakeholders and recognise the role of international financial institutions in the financial management of multinationals.
  • Evaluate potential investment decisions and assessing their financial and strategic consequences, both domestically and internationally
  • Assess and plan acquisitions and mergers as an alternative growth strategy.
  • Evaluate and advise on alternative corporate re-organisation strategies.
  • Apply and evaluate alternative advanced treasury and risk management Techniques.


Registration and Access

Once you complete an online purchase you will receive confirmation of account activation. Please allow 48 hours to get access to all the modules and for your eLearning account to be set up.

If you wish to receive an invoice instead of paying online, please contact us at Access to the course is valid for 180 days.

Course Access Duration

Enjoy 6 months of unlimited access to all course materials, including videos, assignments, and resources. This period is designed to provide ample time for you to fully engage with and complete the course at your own pace.

Extension Options

Need more time? Extend your access with:

  • 3-Month Extension: €50 + VAT
  • 6-Month Extension: €90 + VAT

To arrange an extension, contact us at Our support team is here to help.


Upon the successful completion of the subject Advanced Financial Management (AFM), you can advance to the next subject of the ACCA Strategic Professional Level or If you have already completed other subjects, you can proceed to the ethics and professional skills module.


  • Role of senior financial adviser in the multinational organisation
  • Advanced investment appraisal
  • Acquisitions and mergers
  • Corporate reconstruction and reorganisation
  • Treasury and advanced risk management techniques


  • Study planner and guidance
  • Access to AccountingWise Learn
  • Comprehensive pre-recorded lectures
  • Extensive question practice (including mock exams and feedback)
  • Tutor support via phone or email


  • The ACCA qualification is ideal for people who want a career in finance and business.


Format: Paper Based

Availability: March, June, September, and December

Pass: A score of 50%

Length: 3 hours and fifteen minutes

Questions: The exam consists of two sections: Section A will always be a single 50-mark case study, which will contain four professional marks in which you are required produce a business document such as a report or a briefing paper for the board of directors. Section B will consist of two compulsory 25 mark questions. All section B questions will be scenario based and contain a combination of calculation and narrative marks. There will not be any wholly narrative questions.

Please Note: Official Exam is not provided; it should be purchased separately.

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