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Associate Level – Financial Management
9 sections available · 37 chapters available
Free Associate Level – Financial Management study notes for HKICPA QP (Hong Kong CPA) students. Each chapter covers a key topic with examples and practice prompts you can continue inside the thinka app.
Analyse the Financial Environment in which Businesses Operate
Function of financial markets and their role in value creation
Role of treasury management
Structure of Hong Kong equity and debt markets and its financial and banking system
Market efficiency and the Efficient Market Hypothesis
Apply Financial Risk Framework and Different Methods of Managing Financial Risks
Nature and types of financial risks
Methods of managing key financial risks
Foreign exchange and interest rate risk
Credit and liquidity risk
Apply Pricing Strategies and Decisions
Calculate prices for products and services
Cost-based pricing and internal cost structures
Market-based pricing and external market factors
Selecting a pricing approach
Analyse the Strategic Management Accounting Framework
Key elements of a strategic management accounting framework
Strategic management accounting information for decision-making
Analyse proposed investment projects
Post-appraisal audit of projects
Produce Financial Analysis
Techniques of financial analysis
Evaluate a business entity's financial strategy
Produce a forecast cash flow statement
Prepare profitability projections
Analyse liquidity and solvency positions
Consider and Apply Information for Effective Performance Measurement
Apply information for effective performance management
Financial performance measures
Non-financial performance measures
Relationship between non-financial and financial measures
Explain and Analyse Different Sources of Finance and Capital Structure
Capital asset pricing model (CAPM)
Cost of capital
Modigliani-Miller theories
Efficient market theory in capital market models
Apply Appraisal Techniques for Capital Investment Projects
Discounted cash flow appraisal (NPV and IRR)
Payback and accounting rate of return
Strengths and weaknesses of project appraisal techniques
Selecting an appropriate appraisal technique
Produce Financial Forecasts and Evaluate Business Plans
Formulate plans and forecasts for a business entity
Assumptions and sensitivity in financial forecasts
Role and composition of business plans
Evaluate a business plan against entity objectives
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