-
Demo Lectures
8 Lessons-
PreviewOrientation Session (51:43)
-
PreviewIntroduction to Option Pricing Theory
-
PreviewIntroduction to Currency Futures - 1
-
PreviewIntroduction to Currency Futures - 2
-
PreviewInterest Rate Risks - Forward Rate Agreements (21:21)
-
PreviewInterest Rate Risks - Options (17:27)
-
PreviewKit Q 10 Tampem Co - NPV, APV and MIRR (1:29:59)
-
PreviewKit Q Strayer Co - APV Calculation (57:56)
-
-
ACCA AFM Resources
7 Lessons-
StartInstructions to Follow Before Starting Your Course
-
PreviewAbout Customized Study Planner
-
StartCreate your customized study plan
-
StartDownload The Mobile App For The Study Planner
-
StartAFM Resources
-
StartImportant Theory Questions With Suggested Response.
-
StartAFM Standard Study Plan for December 2025 attempt
-
-
Revision Topics from ACCA FM (F9) Additional Resource For Knowledge Refresh
22 Lessons-
Start1. Introduction to Discounted Cash Flow - DCF (9:14)
-
Start2. Shareholder Wealth Maximization and DCF (15:47)
-
Start3. Compounding and Discounting (31:31)
-
Start4. Discounting the Cash Flows - Example (19:56)
-
Start5. Discount Factors (5:36)
-
Start6. Annuity (14:58)
-
Start7. Annuity Examples Solved (18:47)
-
Start8. Perpetuities (13:48)
-
Start9. Net Present Value - NPV (25:38)
-
Start10. Net Present Value Further Explained (14:05)
-
Start11. IRR - Internal Rate of Return (26:03)
-
Start12. Assessment of DVF as Method of Investment Appraisal (16:29)
-
Start13. Allowing for Inflation and Taxation - Inflation (21:01)
-
Start14. Allowing for Inflation and Taxation - Taxation (26:10)
-
Start15. Cost of Capital - CAPM (26:13)
-
Start16. Capital Structure - Introduction and Theories (34:52)
-
Start17. Beta Concept (23:56)
-
Start18. Capital Structure MCQ - Part 1 (28:31)
-
Start19. Foreign Exchange Risk - Introduction (26:30)
-
Start20. Foreign Exchange Risk - Types of Risk (20:11)
-
Start21. Foreign Exchange Risk - Money Market Hedging (30:37)
-
Start22. Foreign Exchange Risk - Futures, Options and Swaps (19:11)
-
-
Chapter 1 - Financial strategy: formulation
13 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
-
StartOverview of AFM (32:01)
-
StartProfessional Marks in AFM (31:59)
-
Start1. Introduction to Chapter 1 (11:39)
-
Start2. Why Profit is not Enough (6:15)
-
Start3. Financial Strategy Formulation (5:08)
-
Start4. Use of Debt Finance (15:35)
-
Start5. Dividend Capacity (20:45)
-
Start6. Ethics (11:37)
-
Start7. Integrated Reporting (08:41)
-
StartComplete Study Notes
-
Start1. Kit Question 8 Arthuro - Dividend Capacity P1 (54:13)
-
Start2. Kit Question 8 Arthuro - Dividend Capacity P2 (23:31)
-
-
Chapter 2 - Financial Strategy - Evaluation
17 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
-
Start1. Introduction to Financial Strategy Evaluation (5:43)
-
Start2. Cost Of Finance - Equity And Debt (22:43)
-
Start2.1 Cost Of Equity And CAPM (14:20)
-
Start3. WACC in Brief (10:18)
-
Start4. Bonds, Yield and Yield Curve (1:15:13)
-
Start5. Coupon and Yield Recap (11:38)
-
Start6. Discount Factors, Cost of Equity and Beta Calculation (1:02:43)
-
StartComplete Study Notes
-
Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
-
Start1. Kit Q 21 Coeden Co Kit WACC Long Question (1:23:53)
-
Start2. Kit Q 10 Moonstar Co - Fin Strategy Discussion (33:14)
-
Start3. Kit Q 10 Moonstar Co - Part a (22:12)
-
Start4. Kit Q 9 Lamiri Co - Discussion (11:28)
-
Start5. Kit Q 9 Lamiri - Part a (59:52)
-
Start6. Kit Q 9 Lamiri - Part b (11:18)
-
Start13. Importance of Dividend Decisions (12:28)
-
-
Chapter 3 - Discounted Cash Flow
16 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
-
Start1. Basics Of Investment Appraisal (6:26)
-
Start2. DCF And NPV Layout (34:09)
-
Start3. FCF And FCFE (21:47)
-
Start4. NPV and IRR (18:21)
-
Start5. Betas Explanation with KE and WACC (56:49)
-
Start5. Chapter Summary (18:21)
-
StartComplete Study Notes
-
Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
-
Start1. Kit Q 14 TISA Co - WACC - 1 (50:56)
-
Start2. Kit Q 14 TISA Co - IRR and MIRR - 2 (48:54)
-
Start3. Kit Q 14 TISA Co - 3 (27:03)
-
Start4. Kit Q 20 Toltuk Co - Bond Valuation - Part a (53:06)
-
Start5.Kit Q 20 Toltuk Co - Bond Valuation - Part b (09:13)
-
Start6. Kit Q 13 - Fernhurst (1:26:04)
-
StartYour feedback is important for us !
-
-
Chapter 4 - Application of option pricing theory to investment decisions
12 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
-
Start1. Introduction to Option Pricing Theory (28:46)
-
Start2. Option Pricing and Black Scholes Model (51:17)
-
Start3. Standard Deviation and Variance (39:47)
-
Start4. Value at Risk and Standard Deviation (45:15)
-
Start5. Quick Recap Options (26:45)
-
Start6. Quick Recap BSOP (26:34)
-
StartComplete Study Notes
-
Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
-
Start1. Kit Q 14 TISA Co - Part c (15:44)
-
Start2. Kit Q 17 MMS Co - BSOP Model (40:57)
-
Start3. Kit Q 19 Flurion Co - Black Scholes Option Pricing (54:53)
-
-
Chapter 5 - International Investment Appraisal
20 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
-
Start1. International Investment Decisions - Introduction (43:10)
-
Start2. International Investment Decisions - Evaluating the Projects (23:28)
-
Start3. Financing Decisions (26:43)
-
Start4. What are NPV, IRR and Assumptions (12:14)
-
StartComplete Study Notes
-
Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
-
Start1. Kit Q CD Company Investment Appraisal (1:02:21)
-
Start2. Kit Q 13 Ferhurst - Inv Appraisal, Duration - Part a (1:02:45)
-
Start3. Kit Q 13 Ferhurst - Inv Appraisal, Sensitivity Analysis - Part b (23:08)
-
Start4. Dec 2020 Exam - Hathaway Co (1:10:52)
-
Start5. Kit Q Fabuki Co - APV Question (1:12:53)
-
Start6. Kit Q 22 GNT Co Part a - Macaulay Duration (52:17)
-
Start7. Kit Q 22 GNT Co Part b and c - Duration (17:42)
-
Start8. ACCA Dec 2020 Sample Exam (1:25:37)
-
Start9. Kit Q 52 Chmura Co (50 Marks Q) - Discussion - Part a (44:33)
-
Start10. Kit Q 52 Chmura Co - NPV Without Put Option (1:01:41)
-
Start11. Kit Q 52 Chmura Co - NPV With Put Option (34:42)
-
Start12. Kit Q 35 Amberle Kaplan Kit - APV (1:08:22)
-
Start13. APV Robson Co Q 37 Kaplan ACCA Mar June 2021 (1:08:31)
-
-
Quizzes Investment Appraisal
9 Lessons-
Start1. Theory Quiz- Investment Decisions
-
Start2. Numerical Quiz- Investment Decisions
-
Start3. Theory Quiz - Investment Appraisal
-
Start4. Numerical Quiz - Investment Appraisal
-
Start5. Numerical Quiz - Investment appraisal with Inflation and taxation
-
Start6. International Investment Appraisal Theory Quiz 1
-
Start7. International Investment Appraisal Theory Quiz 2
-
Start8. Advanced Investment Appraisals - Advance Level Theory Quiz 1
-
Start9. Advanced Investment Appraisals - Advance Level Theory Quiz 2
-
-
Chapter 6 - Cost of Capital and Changing Risks
12 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
-
Start1. Chapter Intro - Background (20:50)
-
Start2. Cost of Capital and Changing Risk (19:30)
-
Start3. When not to use WACC ? Adjusted Present Value (1:06:02)
-
StartComplete Study Notes
-
Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
-
Start1. Kit Q 10 Tampem Co - NPV, APV and MIRR (1:29:59)
-
Start2. Kit Q 32 Einnea Co - Cap Restructuring Investing and Financing (16:59)
-
Start3. Kit Q 35 Eview Cinemas - Capital Restructuring (1:06:42)
-
Start4. Kit Q 48 Conejo Co - 50 Marks - 3 (26:39)
-
StartQuiz - Cost of Capital Theory
-
StartQuiz - Cost of Capital Calculation
-
-
Chapter 7 - Financing and credit risk
10 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
-
Start1. Introduction to Credit Rating (49:38)
-
Start2. Impact of Change in Credit Ratings (33:42)
-
Start3. Macaulay Duration (53:58)
-
Start4. ICO and Islamic Finance (15:21)
-
StartComplete Study Notes
-
Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
-
Start1. Quick Revision - Bond Valuation, Yield, Duration and Modified Duration (52:00)
-
Start2. Kit Q 48 Conejo Co - 50 Marks Q - 1 (1:06:48)
-
Start3. Kit Q 48 Conejo Co - 50 Marks - 2 (31:25)
-
-
Chapter 8 - Valuation for Acquisitions and Mergers
21 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
-
Start1. Introduction to Valuation for Acquisitions and Mergers (24:50)
-
Start2. Asset Based Valuations (40:31)
-
Start3. Market Based Valuations (1:06:31)
-
Start4. Cash Based Valuations (49:17)
-
StartComplete Study Notes
-
Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
-
Start1. Kaplan Kit Q 48 - Oxwick Co Business Valuation (1:04:10)
-
Start2. Book Q 16 - Business Valuation - Persuit Co BPP Workbook (1:23:27)
-
Start3. ACCA June 2024 - Bus Valuation and Acq. Garnod Co (1:13:22)
-
Start4. ACCA Dec 2022 - Bus Valuation Propleis and Adictan Co (55:29)
-
Start5. Kit Q 26 - Chithurst Acquisitions and Mergers (1:17:43)
-
Start6. Kit Q 13 Kodiak Co - Cash Flow Projection and Business Valuation (1:08:11)
-
Start7. Exam Q - Newimber Co - Demerger and Bus. Valuation (1:28:30)
-
Start8. Kit Q 28a Mackonis - Acquisitions (52:36)
-
Start9. Kit Q 28b, c Mackonis - Acquisitions (21:25)
-
Start10. Kit Q 25a - Selorne Co (37:07)
-
Start11. Kit Q 25b, c - Selorne Co (15:44)
-
Start12. Kit Q 33a - Nubo Co Fin Reconstruction and Valuation (38:21)
-
Start13. Kit Q 33b - Nubo Co Disposal and Demerging (08:17)
-
Start14. Kit Q 33c - Nubo CoFinancing Options (15:28)
-
-
Chapter 9 - Strategic Consideration in Mergers and Acquisitions
12 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
-
Start1. History of Acquisitions and Mergers (1:02:30)
-
Start2. Strategic Considerations (44:13)
-
StartComplete Study Notes
-
Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
-
Start1. Kit Q 30 Doric Co - Management Buyout (36:02)
-
Start2. Kit Q 58 Nente Co - Acquisition and Valuation - 1 (49:34)
-
Start3. Kit Q 58 Nente Co Acquisition and Valuation - 2 (38:02)
-
Start4. Kit Q 58 Nente Co Acquisition and Valuation - 3 (44:22)
-
Start5. Kit Q 58 Nente Co Acquisition and Valuation - 4 (08:59)
-
StartQuiz - Strategic Consideration in Mergers and Acquisitions Theory
-
StartQuiz - Strategic Consideration in Mergers and Acquisitions Calculation
-
-
Chapter 10 - Financing Acquisitions and Mergers
9 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
-
Start1. Financing Acquisitions and Mergers (51:09)
-
StartComplete Study Notes
-
Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
-
Start1. Kit Q 27 Louieed - A (07:45)
-
Start2. Kit 27 - Louieed - B (17:58)
-
Start3. Kit Q 34 Bento MBO and MBI - Q Discussion and Part a (32:20)
-
Start4. Kit Q 34 Bento Co - Part b (21:23)
-
Start5. Kit Q 34 Bento - Part c (26:02)
-
-
Chapter 11 - Role of Treasury Management
6 Lessons -
Chapter 12 - Managing Foreign Currency Risks
17 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
-
Start1. Introduction to Currency Risk Management (19:29)
-
Start2. Spot Rates and Spreads (24:13)
-
Start3. Forward Contracts (15:53)
-
Start4. Introduction to Currency Futures - 1 (13:47)
-
Start5. Introduction to Currency Futures - 2 (21:58)
-
Start6. Currency Futures - Example 1 Explained (25:18)
-
Start7. Currency Futures - Example 2 Explained (18:08)
-
Start8. Forecasting The Future Rates (09:41)
-
Start9. Short Cut Approach to Find Futures Net Outcome (20:30)
-
Start10. Margins and Marking to Market (13:28)
-
Start11. Currency Options (32:09)
-
StartComplete Study Notes
-
Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
-
Start1. Kit Q 39 Casasophia Co - Part A Interest Rate Risk Management (49:48)
-
Start2. Kit Q 39 Casasophia Co - Part A NPV with Foreign Currency (35:43)
-
StartQuiz - Managing Foreign Currency Risks Calculation
-
-
Chapter 13 - Managing Interest Rate Risks
21 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
-
Start1. Interest Rate Risks - Forward Rate Agreements (21:21)
-
Start2. Interest Rate Risks - Futures (51:41)
-
Start3. Interest Rate Risks - Options (17:27)
-
Start4. SWAPS - (37:50)
-
Start5. SWAPS - Extra Lesson (20:43)
-
Start6. Quick Recap on Futures, Options and SWAPS (1:13:19)
-
StartComplete Study Notes
-
Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
-
Start1. Kit Q 40 Buryecs Co - Swaps (50:44)
-
Start2. Kit Q 45 Daikon - Part 1 Futures (47:46)
-
Start3. Kit Q 45 Daikon - Part 2 Options for Future (15:55)
-
Start4. Kit Q 44 Keshi Co Options - Part 1 (29:51)
-
Start5. Kit Q 44 Keshi Co Options - Part 2 (49:00)
-
Start6. Kit Q 37 Massie Co - Part B - Options - Increase Interest Rate (53:23)
-
Start7. Kit Q 37 Massie Co - Part C - Options - Decrease Interest Rates (17:57)
-
Start8. Kit Q 37 Massie Co Collars Explanation - Part B (1:02:40)
-
Start9. Kit Q 45 Daikon Co - Part B (53:41)
-
Start10. Dec 2020 Exam Q - Interest Rate Risk Management (1:16:46)
-
Start11. Kit Q 43 Wardegul Co - Workings for FRA, Futures and Options (1:27:32)
-
StartQuiz - Managing Interest Rate Risks
-
-
Chapter 14 - Financial Reconstruction
9 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
-
Start1. Financial Reconstruction (34:27)
-
Start2. Cost of Capital - Overview and Dividend Valuation Model (22:05)
-
Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
-
Start1. Kit Q 47 Pault Co - Discussion (18:56)
-
Start2. Kit Q 47 Pault Co - Part a (28:23)
-
Start3. Kit Q 47 Pault Co - Part b - c (10:08)
-
Start4. Cost of Capital - Introduction (13:20)
-
StartComplete Study Notes
-
-
Last Week Quick Revision Before Final Exam
6 Lessons -
Recordings of Live Sessions for December 2025 Exam Session
14 Lessons-
Start1. Orientation Session For Dec 2025 Session (51:43)
-
Start2. Investment Appraisal (Sensitivity Analysis) - Study Hub Q Arbore Co
-
Start3. Beta Explanation
-
Start4. Reinvestment Assumption in NPV and IRR (7:20)
-
Start5. Kit Q 15 Riviere - 1. Inv Appraisal (34:04)
-
Start6. Kit Q 15 Riviere - 2. Inv Appraisal (43:12)
-
Start7. Kit Q Alaska Co - BSOP (1:13:31)
-
Start8. Inv Appraisal - ACCA Study Hub - Trust-Ai (54:59)
-
Start9. Inv Appraisal Question - Your Business Co (1:30:28)
-
Start10. Kit Q Strayer Co - APV Calculation (57:56)
-
Start11. Tampem Co - Adv Inv. Appraisal Part 1 (14:26)
-
Start12. Tampem Co - Adv Inv. Appraisal Part 2 (1:03:05)
-
Start13. APV Q Tippletine Co BPP Mock (56:31)
-
Start14. ACCA Exam Question 2018 Amberle Co - APV (1:07:02)
-
-
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
-
-
Quick Syllabus Revision Sessions
14 Lessons-
StartCh 1 Quick Revision
-
StartCh 2 Quick Revision
-
StartCh 3 Quick Revision (9:54)
-
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)
-
-
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
-
