Financial Management (FM)
150 questions mapped to the official ACCA FM syllabus (S26-J27). Covers working capital management, investment appraisal (NPV, IRR, inflation and tax), business finance and the cost of capital, business valuations, and risk management. Filter by section, work at your own pace, see explanations for every answer, or switch to Exam Sim mode for a timed FM mock exam under real exam conditions.
→ FM Common Mistakes & Examiner Insights: the errors the examiner flags every sitting.
The FM exam format
3 hours, 100 marks in total. All questions are compulsory. The pass mark is 50%.
| Section A | 15 objective test questions worth 2 marks each | 30 marks |
|---|---|---|
| Section B | 3 case questions, each with 5 objective test questions worth 2 marks | 30 marks |
| Section C | 2 constructed response questions worth 20 marks each, mainly on working capital, investment appraisal and business finance | 40 marks |
Source: the official ACCA syllabus and study guide for this paper. Always check the current version on the ACCA website before you sit.
FM Formula Sheet: all key formulas on one printable A4 page. Free to download, or see what's on it.
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