ACCA · Strategic Professional · Option
AFM Advanced Financial Management
The senior financial adviser's role: advanced investment appraisal, acquisitions and mergers, corporate reconstruction, and the treasury and risk decisions behind them.
AFM
- Format
- Session computer-based exam
- Duration
- 3h 15m
- Pass mark
- 50%
- Total marks
- 100
- Sessions
- March, June, September, December
- Syllabus
- 2026/27
Exam structure
- Section A50
One compulsory case study covering at least two of syllabus sections A-E, answered in a set format such as a board report; 40 technical + 10 professional skills marks.
- Section B50
Two compulsory scenario questions of 25 marks each mixing calculation and narrative (20 technical + 5 professional skills marks each).
An Option. Section A is a 50-mark case study; Section B has two 25-mark questions. Builds on FM.
Syllabus navigator
Every area, with where HPS teaches it.
Use the arrow keys or select an area. Areas and sub-areas follow the ACCA 2026/27 syllabus. Weightings appear only where the examining body publishes them.
Syllabus area A
Role of senior financial adviser in the multinational organisation
6 sub-areas, as the syllabus lists them. HPS lessons and questions are tagged to these codes, so your Knowledge DNA and revision plan point at the exact sub-area you got wrong.
- A1The role and responsibility of senior financial executive/advisor
- A2Financial strategy formulation
- A3Corporate environmental, social, governance (ESG) and ethical issues
- A4Management of international trade and finance
- A5Strategic business and financial planning for multinational organisations
- A6Dividend policy in multinationals and transfer pricing
Courses
AFM tuition is scheduled on request.
Tell HPS you are interested and the programme office will let you know when the next course is confirmed.
Practise free
Questions without an account.
- Free AFM practice is being prepared
Next sessions
- December 20267 Dec 2026 to 11 Dec 2026
Resources
Free reading for this paper.
- Resources for this paper are being prepared. The library grows every week.