F9 串讲讲义2014.pdf

F9 FINANCIAL MANAGEMENT REVISION NOTES ACCA PAPER F9 FINANCIAL MANAGEMENT Revision Notes (For June 2014 Exam) Prepared by Claire Luan F9 FINANCIAL MANAGEMENT REVISION NOTES JUN 2014 F9 EXAM TIPS FINANCIAL OBJECTIVE AND ENVIRONMENT DEC 09 Q4APX a. Role of financial intermediary DEC 11 Q4Bar d. Compare financial objective between listed company and NFP organization JUN 12 Q3Zigto a. Why SME less conflict of interest JUN 13 Q1HDW c. Financial objectives DEC 13 Q1Darn c. How to encourage director to maximize shareholder wealth INVESTMENT APPRAISAL Basic NPV calculation Capital rationing: − DEC 09 Q1ASOP d. − DEC 11 Q1 Warden d. Asset replacement : − DEC 09 Q1ASOP c. − JUN 12 Q1 Ridag b. Lease or buy − DEC 09 Q1ASOP a − DEC 13 Q4Spot a. Investment risk analysis − JUN 10 Q1ZSE a. Probability analysis − JUN 11 Q1BRT c. risk assessment methods − DEC 11 Q1Warden d. sensitivity analysis − JUN 12 Q1Ridag a. sensitivity analysis Other discussion − DEC 10 Q1CJ c. Problem with assumption of NPV calculation − DEC 12 Q1BQK c. cash flow discussion WORKING CAPITAL MANAGEMENT Objective of working capital management − JUN 10 Q1ZSW c. − DEC 13 Q3Plot d. Working capital management policy − DEC 09 Q4APX c. funding policy − JUN 11 Q4ZPS b. factors influencing WC policy − DEC 11 Q2Bold a. operating cycle − JUN 12 Q2Wobnig b. similarity and difference between investment and funding policy Working capital ratio calculation and analysis − DEC 09 Q1APX d.