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ACCA · Applied Skills

FM Financial Management

How a finance manager decides: working capital, investment appraisal, sources and cost of finance, business valuation, and managing currency and interest rate risk.
FM
Format
Session computer-based exam
Duration
3h
Pass mark
50%
Total marks
100
Sessions
March, June, September, December
Syllabus
2026/27

Checked against ACCA's own pages on 22 October 2026. HPS re-checks before each session.

Exam structure

100 marks

  1. Section A30

    15 objective test questions, 2 marks each, from any syllabus area

  2. Section B30

    3 case scenarios, each with 5 objective test questions of 2 marks

  3. Section C40

    2 constructed-response questions of 20 marks, mainly on working capital management, investment appraisal and business finance

No syllabus changes for 2026/27. A formulae sheet and discount and annuity tables are provided, and ten minutes are added before the exam to read the instructions.

VerifiedRecorded from the official pages on 22 October 2026Source 1 Source 2 Source 3
Syllabus navigator
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

Financial management function

4 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 nature and purpose of financial management
  • A2Financial objectives and relationship with corporate strategy
  • A3Stakeholders and impact on corporate objectives
  • A4Financial and other objectives in not-for-profit organisations
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Next sessions

  • December 20267 Dec 2026 to 11 Dec 2026Verified
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