AFM Ultimate Revision Handbook

AFM is the paper where practice decides the result. This handbook gives you the notes and a large volume of exam-style questions to build speed and accuracy.

Written by Miguel Spiteri, ACCA qualified with an MBA in Finance. 1st place in Malta and 3rd place worldwide in AAA.

What's inside (70 pages):

Part 1: Core Revision Notes. All five syllabus areas, explained worked example by worked example:

• A: Role of the senior financial adviser
• B: Advanced investment appraisal
• C: Acquisitions and mergers
• D: Corporate reconstruction and re-organisation
• E: Treasury and advanced risk management

Part 2: Formula and Data Sheet. Laid out like the real AFM exam formulae sheet, with guidance on how to use each formula, plus what is and isn't given in the exam. Includes a worked futures hedge example and discount and annuity factor tables.

Part 3: Technique Drill Bank. AFM has no objective test questions, so this part has 32 short, single-technique drills (investment appraisal, option pricing, cost of capital, APV, duration, FX and interest rate hedging) to build speed before you attempt full cases.

Part 4: Extended Questions. 16 full case studies with complete model answers, built in the real exam shapes:

• 8 Section A cases (50 marks each)
• 8 Section B cases (25 marks each)

Part 5: Final-Day Quick-Fire Review. The exam on one page, a decision-technique cheat sheet, glossary, common traps, exam-day checklist, a guide to how the professional skills marks are earned, and a plan for your last 24 hours.

Who it's for:

• Students in the last weeks before AFM who need volume of practice
• Anyone who understands the theory but struggles to produce a clean 50-mark answer under time pressure
• Students who want full model answers to check their working against

What you get: An instant PDF download, so you can study on any device.

Please note: This is a revision aid, not a replacement for your tuition provider's materials or the official ACCA syllabus. It can't guarantee a pass. Not affiliated with, endorsed by, or sponsored by ACCA. ACCA is a registered trademark of the Association of Chartered Certified Accountants.