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Set yourself apart by becoming an Intermediate Financial Accountant

Graduates, recently qualified and part qualified accountants our new grade of membership provides the support, guidance and recognition you need to set yourself apart in a competitive job market.

You’ll receive:

• Designatory letters IFA AIPA

• Access to a variety of technical resources

• Relevant CPD webinars and networking meetings

• Access to Financial Accountant, our member magazine

• A weekly enewsletter covering accounting, finance and business

• Exclusive offers from our carefully chosen strategic partners

• Early bird discounts on annual conference tickets

(domestic or overseas), business valuations and business/financial reorganisations; these areas often include cost of capital calculations.

Risk management may also feature in a number of different ways e.g. value at risk, real options, interest rate or current hedging, and risk management (e.g. mapping).

Q2-3 section B:

Areas to be tested:

• Risk management (currency or interest rate) including the functions and structure of a treasury department.

• Dividend policy and general financing issues.

• Real options including limitations of approach.

• Business reorganisation.

General advice: The examining team have stressed that exams are designed to make question spotting extremely difficult for this paper, so it is important to have a broad understanding of the key aspects of each syllabus area.

Don't over-emphasise numerical analysis in your final revision – remember that this paper is not a maths exam and, in all exam questions the examiner is interested in your ability to communicate well and to give good management advice that relates to the scenario in the question. This is now even more important as 20% of the marks are awarded for professional skills. Make sure you aware what these skills are and that you are confident in your ability to integrate these into your answer to the technical requirements of a question.