Course 2026 Jul FM – Yoong Mun Yen

Course Content

Lessons Status

1

FM 26Jul T1.1-T1.6 Q Purdy Co(a)inventory investment decision;(b)liquidity vs profitability;(c)cash op cycle with WC investment;Q Gro Co(ai)ratio calculation;(a-ii)overtrading evaluation;(b) conservative vs aggressive financing of WC; requirements

2

FM 26Jul T2.1-T2.7 Q1 Elaan Co (a) upto w2;w3 onwards;Elaan Co (b & c);Q2 Pulorough Co (a &b);(c);Q3 Clover Co (a);(b);

3

2026 Jul FM – Course structure for Dec 2026

4

FM 26Jul Supplementary notes

5

FM 26Jul Intro Class L1.1-1.3 Intro FM syllabus and capabilities;Demo of CBE FM exam question;How to use lecture videos, BPP workbook and Practise Kit;

6

FM 26Jul L2.1-2.6 Tutorial Q1-Q3;Q4-Q12;Q13-Q16;Q17-Q20;Section B Q21-Q25;Section C Q26;

7

FM 26Jul L3.1-3.6 Elaan Co (a);(b&c);Pulorough Co (a,b,c,& d);(e);Clover Co (a);(b);

8

FM 26Jul FC1.1-1.9 Chap 1 Fin mgmt function;Purpose of fin mgmt;Acty 1 Fin obj;Key fin objs;Framework for maximising SH wealth;Encouraging SH wealth maximisation;Needs of other stakeholders;Debt Ratios;Not-for-profit organisations;

9

FM 26Jul FC2.1-2.5 Chap 2 Fin Mgmt Environment;Macroeconomic policies;Competition policy;Fin market and institutions;Capital markets;

10

FM 26Jul FC3.1-3.11 Chap 3 WC invest;planning;cash op cycle;The COC-use&meaning;Managing(Mg) Inventory;Illust 2;Buffer inventory;Mg receivables;Framework for mg receivables;Act 9 Debt factor;Mg payables;

11

FM 26Jul FC4.1-4.6 Chap 4 Cash mgmt & WC fin;Methods of easing cash shortages;Mathematical models;Miller-Orr model;Working capital finance;Treasury management;

12

FM 26Jul FC5.1-5.7 Chap 5 Invest decision;Acty 1 Relevant costing;Return on cap employed;Time value of money & discounting;Net present value (NPV);Internal rate of return (IRR);Advantages of NPV over IRR;

13

FM 26Jul FC6.1-6.5 Chap 6 Allowing for tax, WC & inflation;Acty 1 Tax cash flows;Working capital;Inflation;Acty 4 Supplementary with Tax,WC & inflation;

14

FM 26Jul FC7.1-7.4 Chap 7 Project appraisal & risk;Risk & joint probabilities;Uncertainty analysis;Acty 3- Sensitivity analysis;

15

FM 26Jul FC8.1-8.5 Chap 8 Specific investments decisions;Equivalent annual benefit;Capital rationing;Capital rationing techniques;

16

FM 26Jul FC9.1-9.6 Chap 9 Sources of finance;Long-term debt finance;Loan notes;Equity finance;Acty 3 Fantasia;Islamic finance;

17

FM 26Jul FC10.1 Chap 10 Dividend policy;

18

FM 26Jul FC11.1-11.6 Chap 11 The cost of capital;Assumptions of div growth model;The cost of equity(2)-using CAPM;Beta factors;Cost of debt;WACC;

19

FM 26Jul FC12.1-12.6 Chap 12 Capital structure;Acty 2 -Gearing & EPS;Practical capital structure considerations;Modigliani & Miller (without tax);Project specific (marginal) cost of equity;Finance for SMEs;

20

FM 26Jul FC13.1-13.5 Chap 13 Business valuations;Income (or earnings) bases;DCF method;Valuation of other securities;