ACCA (FM) Exam-focused Financial Management Kaplan’s vast classroom experience helps many students pass first time. The books are designed to cover the whole syllabus and they reflect how topics are taught in the classroom, focusing on what will be required of you in the exam. Student-friendly ACCA Financial Management (FM) Valid for September 2021, December 2021, March 2022 and June 2022 Using accessible language and engaging formats to help you understand more complex areas, Kaplan simplifies the learning process to make it easier for you to succeed. Valid for September 2021, December 2021, March 2022 and June 2022 Written by our expert tutors All Kaplan study materials are written by our subject specialists, experienced tutors who teach the paper so they know what works for students and how best to deliver it. Innovative solutions More than just books, our study materials are supported by a wealth of free online resources, including testing and course assessments. All accessible from our online learning environment MyKaplan. All the resources have been designed to keep you on your study plan and help you pass first time. Kaplan Publishing UK 9 781787 408593 Study Text ISBN 978-1-78740-859-3 Study Text Contents Page Chapter 1 The financial management function 1 Chapter 2 Basic investment appraisal techniques 35 Chapter 3 Investment appraisal – Discounted cash flow techniques 55 Investment appraisal – Further aspects of discounted cash flows 93 Chapter 5 Asset investment decisions and capital rationing 123 Chapter 6 Investment appraisal under uncertainty 147 Chapter 7 Working capital management 177 Chapter 8 Working capital management – Inventory control 213 Chapter 9 Working capital management – Accounts receivable and payable 237 Working capital management – Cash and funding strategies 271 Chapter 11 The economic environment for business 311 Chapter 12 Financial markets and the treasury function 337 Chapter 13 Foreign exchange risk 371 Chapter 14 Interest rate risk 413 Chapter 15 Sources of finance 435 Chapter 16 Dividend policy 481 Chapter 17 The cost of capital 491 Chapter 18 Capital structure 541 Chapter 19 Financial ratios 573 Chapter 20 Business valuations and market efficiency 601 Chapter 21 Employability and technology skills 641 Chapter 22 Questions and Answers 649 Chapter 4 Chapter 10 Index KAPLAN PUBLISHING I.1 P.3