Preparatory Course for ACCA - Foundations Certificate in Financial Management (FFM)
Foundations Certificate in Financial Management (FFM) introduces students to different ways of managing finance within an organisation with the aim of enhancing business performance. This includes planning and controlling of cash flow in both the short and long term, how to manage capital investment decisions and managing trade credit for an efficient flow of cash.
- At least 16 years old
- IELTS 5.5 or pass in English language at GCE ‘O’ level or its equivalent
- Mature student entry – over 21 years old with minimum of 1 year working experience
- Completion of the Intermediate Certificate in Financial and Management Accounting will be accepted as fulfilling minimum entry
The Certificate is suitable for those aspiring to work or already working in:
- A junior accounts clerk/junior book keeper role in an SME.
- Range of junior auditing administration roles within an auditing department of a larger organisation or financial shared service centre.
- Audit assistant, tax assistant, budget personnel
On successful completing of this paper, a candidate should be able to:
- Explain and apply the principles of working capital management
- Apply a range of accounting techniques used to forecast cash within the organisation
- Describe methods and procedures for managing cash balances
- Explain principles in making medium to long term financing decisions
- Explain and apply principles in making capital investment decisions
- Describe credit management methods and procedures
Part/Full time: 6 Months
For June examination:
January, May (revision) annually
For December examination:
July, November (revision) annually
Students will be given a mock test per paper during course of study, as well as regular homework assignments and in-class exercises.
The programme is delivered via lectures, simulations and directed independent study.
The Certificate is awarded by ACCA.