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Paper 3.7
Strategic Financial Management
Syllabus aim
To ensure that candidates can exercise judgement and technique to make commercial value added decisions in strategic financial management and are able to adapt to factors affecting those decisions.
Objectives
On completion of this paper candidates should be able to:
- prepare reports for management explaining and evaluating the financial consequences of strategic decisions
- identify and evaluate appropriate sources of finance, their risks and costs
- assess potential investment decisions and strategies
- understand the impact of the global business environment on national and multinational organisations
- explain, demonstrate and recommend suitable risk management techniques
- understand the significance of cash management and the treasury function in the commercial environment
- select the techniques most appropriate to optimise the employment of financial resources and critically evaluate such techniques
- analyse and evaluate financial information relating to past and future business performance
- demonstrate the skills expected in Part 3.