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Demo Lectures
7 Lessons-
StartOrientation Session (48:05)
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PreviewIntroduction to Option Pricing Theory
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PreviewOption Pricing and Black Scholes Model
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PreviewIntroduction to Currency Futures - 1
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PreviewIntroduction to Currency Futures - 2
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PreviewNPV, APV and MIRR - Question 10 Tampem Co
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PreviewInt. Investment Appraisal - ACCA AFM Dec 2020 Sample Exam
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ACCA AFM Resources
7 Lessons-
StartInstructions to Follow Before Starting Your Course
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PreviewAbout Customized Study Planner
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StartCreate your customized study plan
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StartDownload The Mobile App For The Study Planner
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StartAFM Resources
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StartImportant Theory Questions With Suggested Response.
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StartAFM Standard Study Plan for September 2025 attempt
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Revision Topics from ACCA FM (F9) Additional Resource For Knowledge Refresh
22 Lessons-
Start1. Introduction to Discounted Cash Flow - DCF (9:14)
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Start2. Shareholder Wealth Maximization and DCF (15:47)
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Start3. Compounding and Discounting (31:31)
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Start4. Discounting the Cash Flows - Example (19:56)
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Start5. Discount Factors (5:36)
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Start6. Annuity (14:58)
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Start7. Annuity Examples Solved (18:47)
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Start8. Perpetuities (13:48)
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Start9. Net Present Value - NPV (25:38)
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Start10. Net Present Value Further Explained (14:05)
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Start11. IRR - Internal Rate of Return (26:03)
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Start12. Assessment of DVF as Method of Investment Appraisal (16:29)
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Start13. Allowing for Inflation and Taxation - Inflation (21:01)
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Start14. Allowing for Inflation and Taxation - Taxation (26:10)
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Start15. Cost of Capital - CAPM (26:13)
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Start16. Capital Structure - Introduction and Theories (34:52)
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Start17. Beta Concept (23:56)
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Start18. Capital Structure MCQ - Part 1 (28:31)
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Start19. Foreign Exchange Risk - Introduction (26:30)
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Start20. Foreign Exchange Risk - Types of Risk (20:11)
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Start21. Foreign Exchange Risk - Money Market Hedging (30:37)
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Start22. Foreign Exchange Risk - Futures, Options and Swaps (19:11)
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AFM Chapter 1 - Financial strategy: formulation
11 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
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StartOverview of AFM (32:01)
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StartProfessional Marks in AFM (31:59)
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Start1. Introduction to Chapter 1 (11:39)
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Start2. Why Profit is not Enough (6:15)
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Start3. Financial Strategy Formulation (5:08)
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Start4. Use of Debt Finance (15:35)
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Start5. Dividend Capacity (20:45)
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Start6. Ethics (11:37)
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Start7. Integrated Reporting (08:41)
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StartComplete Study Notes
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AFM Chapter 2 - Financial Strategy - Evaluation
17 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
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Start1. Introduction to Financial Strategy Evaluation (5:43)
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Start2. Cost Of Finance - Equity And Debt (22:43)
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Start2.1 Cost Of Equity And CAPM (14:20)
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Start3. WACC in Brief (10:18)
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Start4. Bonds, Yield and Yield Curve (1:15:13)
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Start5. Coupon and Yield Recap (11:38)
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Start6. Discount Factors, Cost of Equity and Beta Calculation (1:02:43)
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StartComplete Study Notes
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Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
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Start7. Kit Q 21 Coeden Co Kit WACC Long Question (1:23:53)
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Start8. Kit Q 10 Moonstar Co - Fin Strategy Discussion (33:14)
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Start9. Kit Q 10 Moonstar Co - Part a (22:12)
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Start10. Kit Q 9 Lamiri Co - Discussion (11:28)
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Start11. Kit Q 9 Lamiri - Part a (59:52)
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Start12. Kit Q 9 Lamiri - Part b (11:18)
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Start13. Importance of Dividend Decisions (12:28)
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AFM Chapter 3 - Discounted Cash Flow
15 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
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Start1. Basics Of Investment Appraisal (6:26)
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Start2. DCF And NPV Layout (34:09)
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Start3. FCF And FCFE (21:47)
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Start4. NPV and IRR (18:21)
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Start5. Chapter Summary (18:21)
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StartComplete Study Notes
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Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
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Start6. Kit Q 14 TISA Co - WACC - 1 (50:56)
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Start7. Kit Q 14 TISA Co - IRR and MIRR - 2 (48:54)
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Start8. Kit Q 14 TISA Co - 3 (27:03)
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Start9. Kit Q 20 Toltuk Co - Bond Valuation - Part a (53:06)
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Start10. Kit Q 20 Toltuk Co - Bond Valuation - Part b (09:13)
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Start11. Kit Q 13 - Fernhurst (1:26:04)
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StartYour feedback is important for us !
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AFM Chapter 4 - Application of option pricing theory to investment decisions
12 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
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Start1. Introduction to Option Pricing Theory (28:46)
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Start2. Option Pricing and Black Scholes Model (51:17)
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Start3. Standard Deviation and Variance (39:47)
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Start4. Value at Risk and Standard Deviation (45:15)
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Start5. Quick Recap Options (26:45)
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Start6. Quick Recap BSOP (26:34)
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StartComplete Study Notes
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Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
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Start7. Kit Q 14 TISA Co - Part c (15:44)
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Start8. Kit Q 17 MMS Co - BSOP Model (40:57)
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Start9. Kit Q 19 Flurion Co - Black Scholes Option Pricing (54:53)
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AFM Chapter 5 - International Investment Appraisal
14 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
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Start1. International Investment Decisions - Introduction (43:10)
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Start2. International Investment Decisions - Evaluating the Projects (23:28)
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Start3. Financing Decisions (26:43)
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StartComplete Study Notes
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Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
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Start4. Kit Q Fabuki Co - APV Question (1:12:53)
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Start5. Kit Q 22 GNT Co Part a - Macaulay Duration (52:17)
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Start6. Kit Q 22 GNT Co Part b and c - Duration (17:42)
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Start7. ACCA Dec 2020 Sample Exam (1:25:37)
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Start8. Dec 2020 Exam - Hathaway Co (1:10:52)
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Start9. Kit Q 52 Chmura Co (50 marks question) - Part1. Question Discussion and Part a (44:33)
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Start10. Kit Q 52 Chmura Co - NPV Without Put Option (1:01:41)
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Start11. Kit Q 52 Chmura Co - NPV With Put Option (34:42)
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Quizzes Investment Appraisal
9 Lessons-
Start1. Theory Quiz- Investment Decisions
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Start2. Numerical Quiz- Investment Decisions
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Start3. Theory Quiz - Investment Appraisal
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Start4. Numerical Quiz - Investment Appraisal
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Start5. Numerical Quiz - Investment appraisal with Inflation and taxation
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Start6. International Investment Appraisal Theory Quiz 1
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Start7. International Investment Appraisal Theory Quiz 2
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Start8. Advanced Investment Appraisals - Advance Level Theory Quiz 1
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Start9. Advanced Investment Appraisals - Advance Level Theory Quiz 2
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AFM Chapter 6 - Cost of Capital and Changing Risks
12 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
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Start1. Chapter Intro - Background (20:50)
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Start2. Cost of Capital and Changing Risk (19:30)
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Start3. When not to use WACC ? Adjusted Present Value (1:06:02)
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StartComplete Study Notes
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Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
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Start4. Kit Q 10 Tampem Co - NPV, APV and MIRR (1:29:59)
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Start5. Kit Q 32 Einnea Co - Cap Restructuring Investing and Financing (16:59)
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Start6. Kit Q 35 Eview Cinemas - Capital Restructuring (1:06:42)
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Start7. Kit Q 48 Conejo Co - 50 Marks - 3 (26:39)
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StartQuiz - Cost of Capital Theory
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StartQuiz - Cost of Capital Calculation
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AFM Chapter 7 - Financing and credit risk
10 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
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Start1. Introduction to Credit Rating (49:38)
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Start2. Impact of Change in Credit Ratings (33:42)
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Start3. Macaulay Duration (53:58)
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Start4. ICO and Islamic Finance (15:21)
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StartComplete Study Notes
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Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
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Start4.4 Quick Revision - Bond Valuation, Yield, Duration and Modified Duration (52:00)
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Start5. Kit Q 48 Conejo Co - 50 Marks Q - 1 (1:06:48)
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Start6. Kit Q 48 Conejo Co - 50 Marks - 2 (31:25)
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AFM Chapter 8 - Valuation for Acquisitions and Mergers
21 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
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Start1. Introduction to Valuation for Acquisitions and Mergers (24:50)
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Start2. Asset Based Valuations (40:31)
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Start3. Market Based Valuations (1:06:31)
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Start4. Cash Based Valuations (49:17)
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StartComplete Study Notes
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Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
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Start5. Kit Q 28a Mackonis - Acquisitions (52:36)
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Start6. Kit Q 28b, c Mackonis - Acquisitions (21:25)
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Start7. Kit Q 29 Vogel Co - Business Valuation - Discussion (18:03)
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Start8. Kit Q 29a Vogel Co (02:09)
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Start9. Kit Q 29a, b - Vogel Co (09:35)
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Start10. Kit Q 29c - Vogel Co (1:07:52)
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Start11. Kit Q 25a - Selorne Co (37:07)
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Start12. Kit Q 25b, c - Selorne Co (15:44)
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Start13. Kit Q 33a - Nubo Co Fin Reconstruction and Valuation (38:21)
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Start14. Kit Q 33b - Nubo Co Disposal and Demerging (08:17)
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Start15. Kit Q 33c - Nubo CoFinancing Options (15:28)
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Start16. Kit Q 26 - Chithurst Acquisitions and Mergers (1:17:43)
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Start17. Kit Q 13 Kodiak Co - Cash Flow Projection and Business Valuation (1:08:11)
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StartYour feedback is important for us !
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AFM Chapter 9 - Strategic Consideration in Mergers and Acquisitions
12 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
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Start1. History of Acquisitions and Mergers (1:02:30)
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Start2. Strategic Considerations (44:13)
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StartComplete Study Notes
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Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
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Start3. Kit Q 30 Doric Co - Management Buyout (36:02)
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Start4. Kit Q 58 Nente Co - Acquisition and Valuation - 1 (49:34)
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Start5. Kit Q 58 Nente Co Acquisition and Valuation - 2 (38:02)
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Start6. Kit Q 58 Nente Co Acquisition and Valuation - 3 (44:22)
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Start7. Kit Q 58 Nente Co Acquisition and Valuation - 4 (08:59)
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StartQuiz - Strategic Consideration in Mergers and Acquisitions Theory
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StartQuiz - Strategic Consideration in Mergers and Acquisitions Calculation
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AFM Chapter 10 - Financing Acquisitions and Mergers
9 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
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Start1. Financing Acquisitions and Mergers (51:09)
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StartComplete Study Notes
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Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
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Start2. Kit Q 27 Louieed - A (07:45)
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Start3. Kit 27 - Louieed - B (17:58)
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Start4. Kit Q 34 Bento MBO and MBI - Q Discussion and Part a (32:20)
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Start5. Kit Q 34 Bento Co - Part b (21:23)
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Start6. Kit Q 34 Bento - Part c (26:02)
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AFM Chapter 11 - Role of Treasury Management
6 Lessons -
AFM Chapter 12 - Managing Foreign Currency Risks
17 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
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Start1. Introduction to Currency Risk Management (19:29)
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Start2. Spot Rates and Spreads (24:13)
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Start3. Forward Contracts (15:53)
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Start4. Introduction to Currency Futures - 1 (13:47)
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Start5. Introduction to Currency Futures - 2 (21:58)
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Start6. Currency Futures - Example 1 Explained (25:18)
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Start7. Currency Futures - Example 2 Explained (18:08)
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Start8. Forecasting The Future Rates (09:41)
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Start9. Short Cut Approach to Find Futures Net Outcome (20:30)
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Start10. Margins and Marking to Market (13:28)
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Start11. Currency Options (32:09)
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StartComplete Study Notes
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Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
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Start12. Kit Q 39 Casasophia Co - Part A Interest Rate Risk Management (49:48)
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Start13. Kit Q 39 Casasophia Co - Part A NPV with Foreign Currency (35:43)
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StartQuiz - Managing Foreign Currency Risks Calculation
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AFM Chapter 13 - Managing Interest Rate Risks
21 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
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Start1. Interest Rate Risks - Forward Rate Agreements (21:21)
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Start2. Interest Rate Risks - Futures (51:41)
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Start3. Interest Rate Risks - Options (17:27)
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Start4. SWAPS - (37:50)
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Start5. SWAPS - Extra Lesson (20:43)
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Start6. Quick Recap on Futures, Options and SWAPS (1:13:19)
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StartComplete Study Notes
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Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
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Start7. Kit Q 40 Buryecs Co - Swaps (50:44)
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Start8. Kit Q 45 Daikon - Part 1 Futures (47:46)
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Start9. Kit Q 45 Daikon - Part 2 Options for Future (15:55)
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Start10. Kit Q 44 Keshi Co Options - Part 1 (29:51)
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Start11. Kit Q 44 Keshi Co Options - Part 2 (49:00)
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Start12. Kit Q 37 Massie Co - Part B - Options - Increase Interest Rate (53:23)
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Start13. Kit Q 37 Massie Co - Part C - Options - Decrease Interest Rates (17:57)
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Start14. Kit Q 37 Massie Co Collars Explanation - Part B (1:02:40)
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Start15. Kit Q 45 Daikon Co - Part B (53:41)
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Start16. Dec 2020 Exam Q - Interest Rate Risk Management (1:16:46)
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Start17. Kit Q 43 Wardegul Co - Workings for FRA, Futures and Options (1:27:32)
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StartQuiz - Managing Interest Rate Risks
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AFM Chapter 14 - Financial Reconstruction
9 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
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Start1. Financial Reconstruction (34:27)
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Start2. Cost of Capital - Overview and Dividend Valuation Model (22:05)
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Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
-
Start3. Kit Q 47 Pault Co - Discussion (18:56)
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Start4. Kit Q 47 Pault Co - Part a (28:23)
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Start5. Kit Q 47 Pault Co - Part b - c (10:08)
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Start6. Cost of Capital - Introduction (13:20)
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StartComplete Study Notes
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Last Week Quick Revision Before Final Exam
6 Lessons -
Recordings of Live Sessions for June 2025 Exam Session
39 Lessons-
PreviewOrientation Session for June 2025 (48:05)
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Start1. Exam Preparation Instructions (9:57)
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Start2. What is NPV, IRR and Assumptions (12:14)
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Start3. Reinvestment Assumption in NPV and IRR (7:20)
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Start4. FCF and FCFE (5:10)
-
Start5. Terminal Cash Flows (5:48)
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Start6. Overview of Ke, Beta and WACC (19:01)
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Start7. Book Q 11 Levante Co Bond Prices and Cost of Debt (49:17)
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Start8. AFM - Post Exam Review Session
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Start9. Kit Q 4 Chawan Co - Perf Measurement and Investments (1:13:19)
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Start10. Ratios (23:50)
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Start11. Kit Q CD Company Investment Appraisal (1:02:21)
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Start12. Kit Q 13 Ferhurst - Inv Appraisal, Duration - Part a (1:02:45)
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Start13. Kit Q 13 Ferhurst - Inv Appraisal, Sensitivity Analysis - Part b (23:08)
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Start14. Kit Q 15 Riviere - 1. Investment Appraisal (34:04)
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Start15. Kit Q 15 Riviere - 2. Investment Appraisal (43:12)
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Start16. Chapter 6 - APV Discussion (37:39)
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Start17. Chapter 6 - Geared and Ungeared Beta Discussion (15:51)
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Start18. Kit Q 35 Amberle Kaplan Kit - APV (1:08:22)
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Start19. Kit Q Strayer Co - APV Calculation (57:56)
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Start20. Tampem Co - Adv Inv Appraisal Part 1 (14:26)
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Start21. Tampem Co - Adv Inv Appraisal Part 2 (1:03:05)
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Start22. Business Valuation Kit Q 47 Propleis Co and Adictcan Co (50:04)
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Start23. Book Q 17 Olivine - Acquisition and Valuation
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Start24. Kit Q 45 HAV Co Acquisition and Valuation - P 1 (34:20)
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Start25. Kit Q 45 HAV Co Acquisition and Valuation - P 2 (33:32)
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Start26. Kit Q Burcolene - Valuation with Share Options and Pensions (1:08:09)
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Start27. Valuation - BPP Book Q 12 Mercury Training (58:34)
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Start28. Acquisitions - Past Exam Question Kerrin Co - Part 1 (42:57)
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Start29. Acquisitions - Past Exam Question Kerrin Co - Part 2 (37:20)
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Start30. Acquisitions - Past Exam Question Kerrin Co - Part 3 (37:09)
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Start31. Introduction to Interest Rate Risks (16:28)
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Start32. Forward Rate Agreements (16:27)
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Start33. Futures (51:35)
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Start34. AFM - Buy a Call or Put Option (21:45)
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Start35. Kit Q 41 - 1. Alecto Co - Interest Rate Risk Futures, Options and Collars (36:26)
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Start36. Kit Q 41 - 2. Alecto Co - Interest Rate Risk Options and Collars (34:24)
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Start37. Kit Q 42. Awan Co - Interest Rate Risk Management (1:39:02)
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Start38. Kit Q 43 Wardegul Co - FRA, Futures and Options - Very Important (1:27:32)
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Quick Syllabus Revision Sessions
14 Lessons-
StartCh 1 Quick Revision
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StartCh 2 Quick Revision
-
StartCh 3 Quick Revision (9:54)
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StartCh 3 Quick Revision of NPV (19:56)
-
StartCh 4 Quick Revision Option Pricing Theory - Black Scholes Revision
-
StartCh 4 Quick Revision FCF, FCFE. NPV, APV and Real Options (38:31)
-
StartCh 6 Quick Revision (42:36)
-
StartCh 7 Quick Revision (22:30)
-
StartCh 8 Quick Revision (1:11:38)
-
StartCh 12 Quick Revision - Part 1 (53:50)
-
StartCh 12 Quick Revision - Part 2 (31:08)
-
StartPerformance Measurement Discussion (25:28)
-
StartTerminal Cash Flows (14:29)
-
StartAFM Exam Preparation Focus (7:08)
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Past Paper
12 Lessons-
StartAFM Past Paper June 2022 Questions
-
StartAFM Past Paper June 2022 Answers
-
StartAFM Past Paper December 2022 Questions
-
StartAFM Past Paper December 2022 Answers
-
StartAFM Past Paper June 2023 Questions
-
StartAFM Past Paper June 2023 Answers
-
StartAFM Past Paper December 2023 Questions
-
StartAFM Past Paper December 2023 Answers
-
StartAFM Past Paper June 2024 Questions
-
StartAFM Past Paper June 2024 Answers
-
StartAFM Past Paper December 2024 Questions
-
StartAFM Past Paper December 2024 Answers
-
-
Additional Resources
14 Lessons-
StartACCA AFM WACC Key Highlights
-
StartImportant Theory Question
-
StartImportant Theory Question 2
-
StartImportant Theory Question 3
-
StartImportant Theory Question 4
-
StartTillinton Co Performance Mngt
-
StartTillinton Co Examiner report Q2 Onwards
-
StartAFM - APV, NPV, MIRR Key points
-
StartAFM - The Dividend Decision
-
StartBusiness and Finance Risk
-
StartIntegrated Reporting Key Points
-
StartOkan co Question
-
StartOkan Co Answer
-
StartOkan co Examiner report
-
ACCA AFM
Advanced Financial Management
Complete Course With Tutor Support
Syllabus topic videos - 44 hours
Exam focused study notes
Kit question videos - 40 hours
Active tutor support over WhatsApp
Quizzes for each chapter
Bonus - Weekly live sessions
ACCA exam questions & solutions
Exam style mock exam
The Advanced Financial Management exam is designed to replicate the role of a senior financial executive or advisor and prepare candidates to advise management and/or clients on complex strategic financial management issues facing an organisation.
Since knowledge from ACCA FM is an important factor in AFM exam success, we have added twenty-two complementary lectures from our ACCA FM course to help you refresh the fundamentals.
Course Content
Course Pricing
-
Complete Learning Pack With Tutor Support
-
- Course access starts today and expires on 15.09.2025
- Best for those who are able to commit to weekly study plan
- Detailed video lectures on complete syllabus
- Video lectures for exam questions and solutions
- Detailed study notes
- Active tutor support on WhatsApp group
- Regular update on materials
- Weekly live sessions
- Weekly assignments and progress tests
- Final Mock Exam
-
Complete Learning Pack With Tutor Support
-
- Course access starts today and expires on 15.12.2025
- Best for those who have busy work schedules
- Detailed video lectures on complete syllabus
- Video lectures for exam questions and solutions
- Detailed study notes
- Active tutor support on WhatsApp group
- Regular update on materials
- Weekly live sessions
- Weekly assignments and progress tests
- Final Mock Exam
Syed Muhammad Ali has over twenty years of working experience. During the twenty years of his career he has worked in Auditing, Banking, Telecom and Oil and Gas sector in different countries. He has got tremendous experience in Financial Reporting, Financial Management, Contract Management, Project Finance and Business Management.
Apart from his professional career, Mr. Ali has also been actively engaged in training and development of professionals since 2006. During all these years, thousands of delegates have benefited from his knowledge and expertise. He has exam focused approach helps his students to pass the exam in the very first attempt.
He is a corporate trainer and has provided training courses to over 200 corporate clients including Fortune 500 companies. His Accounting & Finance Courses are used by companies such as Amazon, Volkswagen, Disney, Nestlé, Reliance Group, Toyota Motors, Vodafone and many others.
As a consultant he has worked on several projects including projects funded by the World Bank and the European Union.
