ACCA FM Syllabus 2025

Investment Appraisal
- Basic Methods
- Taxation Method
- Specific Decision
- Risk & Uncertainty
Cost of Capital
- Cost of Equity
- Cost of debt
- Weight average cost of capital
- Capital Structure theories
Business Valuation
- Equity Valuation
- Debt Valuation
Sources of Finance
- Equity
- Debt
- Islamic Finance
- Ratio Analysis
- Dividend policy
Risk Management
- Interest Rate Management
- Foreign Currency rate management
Working Capital
- Inventory Management
- Debtor Management
- Creditor Management
- Cash Management

FM paper pattern

First of all, The final exam in which you are going to appear will include two sections

Section A: OT Questions
- 15 OT questions having 2 marks each
Section B: OT Cases
- 3 OT cases having 5 OTs in each case
Section C: 2
- Constructive response questions, 20 Marks for each question

Probably the Reason for the unsuccessful attempts of FM

Not enough practice on the past paper questions
Poor time management in the exam
Similarly Not attempting all parts of the given question
Not explaining the answer as expected by the examiner
Almost Lack sufficient knowledge about the subject area
Panic in the exam when you see something unseen on the question booklet
Many students just read the solution to questions, they don’t try to write every part of the question by themself

In FM you have to practice in 3 different types of areas,
1- Simple MCQs OR OT questions (30 Marks questions)
2-OT case- A case study will be given and related 5 questions, you need to read and understand the case study and answer the related 5 questions. (30 Marks)
3-Constructive Response area: (40 Marks)
Must Practice all areas from past papers

Therefore Remember mostly students who fails a 49, They claim that they are failed by 1 mark, This is not true, Almost you were failed by 51 Marks 🙂 Keep in mind and practice very well

FM ACCA Books & Revision Kits

FM Pass Rate

Dec 2017	Jun 2018	Dec 2018	Jun 2018	Dec 2019
48%	48%	43%	46%	43%

ACCA FM Syllabus 2025 (Financial Management)