F3 Financial Strategy: CIMAPRA19-F03-1 Exam


"F3 Financial Strategy", also known as CIMAPRA19-F03-1 exam, is a CIMA Certification. With the complete collection of questions and answers, ExamcollectionPass has assembled to take you through 435 Q&As to your CIMAPRA19-F03-1 Exam preparation. In the CIMAPRA19-F03-1 exam resources, you will cover every field and category in CIMA Strategic level Certification helping to ready you for your successful CIMA Certification.

  • Exam Code: CIMAPRA19-F03-1
  • Exam Name: F3 Financial Strategy
  • Total Questions: 435

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Reference: https://planner.cimaglobal.com/proqual/2019/strategic/F3

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CIMA CIMAPRA19-F03-1 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Financial Policy Decisions15%- Strategic financial objectives and governance
  • 1. Role of financial strategy in overall corporate strategy
    • 2. Agency theory and stakeholder interests
      - Dividend and distribution policy
      • 1. Practical considerations and constraints
        • 2. Theories of dividend relevance
          Topic 2: Sources of Long-Term Finance25%- Debt and hybrid finance
          • 1. Leasing, convertibles, and warrants
            • 2. Types of debt, terms, and covenants
              - Equity finance
              • 1. Cost of equity and capital structure theories
                • 2. Types of equity and issue methods
                  - Optimal capital structure
                  • 1. Practical determinants of capital structure
                    • 2. Impact of gearing on risk and return
                      Topic 3: Financial Risk Management15%- Risk mitigation and hedging strategies
                      • 1. Internal controls and risk policy frameworks
                        • 2. Use of derivatives: forwards, futures, swaps, options
                          - Risk measurement and assessment
                          • 1. Value-at-Risk, duration, gap analysis
                            - Types and sources of financial risk
                            • 1. Interest rate, foreign exchange, commodity risk
                              • 2. Credit and liquidity risk
                                Topic 4: Investment Appraisal and Decisions25%- Risk analysis in investment decisions
                                • 1. Cost of capital estimation and adjustment
                                  • 2. Sensitivity, scenario, and simulation analysis
                                    - Advanced investment appraisal techniques
                                    • 1. Discounted cash flow, NPV, IRR, MIRR
                                      • 2. Adjusted present value and real options
                                        Topic 5: Business Valuation20%- Pricing and negotiation
                                        • 1. Post-transaction value creation
                                          • 2. Determining offer price and terms
                                            - Valuation methods
                                            • 1. Asset-based, earnings-based, cash flow-based
                                              • 2. Relative valuation and market multiples
                                                - Valuation concepts and purposes
                                                • 1. Valuation for listing or equity issuance
                                                  • 2. Valuation for mergers, acquisitions, and disposals

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