ACCA - Diploma in Financial Management

ACCA – Diploma in Financial Management

Develops a practical understanding of finance Unlike many financial awareness courses, the Diploma aims to achieve a level of practical understanding that is genuinely useful in the workplace. Managers are increasingly responsible for managing their own profit centres and therefore need a similar level of financial understanding to the qualified accountants within the business. The ACCA Diploma develops this with a broad range of topics which enable managers not only to understand financial information but also link it to broader strategic decisions.

Minimum Entry Requirements

The minimum entry requirement for the Diploma is a recognised degree, higher national certificate/diploma or a non-accounting professional qualification.

Individuals who do not hold these qualifications may be admitted on the basis of their work experience. In these circumstances, you should be able to demonstrate, with an employer’s reference, that the Diploma will be relevant to your work. If you are self-employed, a reference from an accountant, solicitor/attorney or bank manager will be required.

Modules

Interpretation of Financial Management: The overall aim of this paper is for candidates to understand and interpret the financial statements produced by organisations for external users. Candidates should develop an understanding of the regulatory framework in which these statements are prepared and of the principles and methods which underlie their preparation.

Performance Management: To develop a good understanding of the knowledge required and techniques available to enable managers to measure and manage business performance within their organisation. Both financial and non-financial measures of performance are included in this paper.

Risk Management: To achieve a sound appreciation of the theoretical and practical aspects of corporate governance, and to develop an understanding of the main theories and frameworks associated with the management of both financial and non-financial risk.

Financial Strategy: To develop an understanding of the role of financial strategy in the investment, finance and resource allocation decisions within an organisation.

It is the responsibility of all students to register independently with the ACCA.

Students should also apply directly to the ACCA for any exemptions.

Progression

Professional Recognition

Career Opportunities

Additional Information

It is the responsibility of all students to register independently with the ACCA.

Students should also apply directly to the ACCA for any exemptions.