New ACCA Advanced Financial Management (AFM) Lectures for September 2018 exams are now online >>
ACCA P4 Lectures
Please note: Chapter numbers and page numbers in the video lectures sometimes may refer to different numbers in the course notes.
Chapter 7 The Cost of Capital
The Cost of Capital Example 10
Chapter 8 Portfolio Theory
Chapter 9 The Capital Asset Pricing Model
Combining Investments Example 8
Chapter 10 Discounted Cash Flow Techniques
Discounted Cash Flow Techniques
Modified Internal Rate of Return
Multi Period Capital Rationing Example 4
Chapter 11 The Impact of Financing
The Impact of Financing Example 1
The Impact of Financing Example 2
Chapter 12 Share Options and Option Pricing
Share Options and Option Pricing part 1
Share Options and Option Pricing part 2
Chapter 13 Real Options
Chapter 17 Foreign Exchange Risk Management
Chapter 18 Foreign Exchange Risk Management – Options
Foreign Exchange Risk Management Options part 1
Foreign Exchange Risk Management Traded Options part 2
Foreign Exchange Risk Management Options part 3
Chapter 19 Interest Rate Risk Management
Explanation of interest rate risk
Forward Rate Agreement and Interest Rate Guarantees
Introduction to Interest rate futures
Interest rate futures Example 3
Interest rate futures Example 4
Interest rate futures Example 4 continued
Interest rate options (part 1)
Thank you very much for taking the time and trouble to cover these topics.
Had a ghastly time working some of the jargon out till now.
Many thanks again, all round!!!
Thanks for the lectures.You have made my life easy.
I could have never done ACCA without open tuition.
Thanks
dear sir john
u r an AMAZING lecturer, hedging never made so much sense.
thank u soooooooooo much
bless u
I agree open tuition plz upload lecture on business valuation!
See my answer, below, to the previous comment.
oh yes i am sorry 馃檪 I just saw your reply. Ironically, i didn’t see this reply when i was posting my comment :/ Sorry for the inconvenience and thankyou for responding 馃檪
I was wondering the same thing as katty was… Where is merger and acquisition? :S Its one of the major portions of P4… Pleease Opentuition! Upload lectures on that too!!
I will record more lectures when I have the time. However, there are lectures on all the areas that require technical knowledge. Mergers and acquisitions and (especially) business valuations do not require extra technical knowledge – it is a combination of reading, practising questions, using F9 knowledge, and applying the techniques learned in other parts of the syllabus.
where is merger and acquisition ??? :/
fantastic lectures….
small doubt …. isnt the paper structure changing to 50,25,25 marks paper.
how do i study and prepare for this paper bcz i came down last time and i find it hard to attemp questions even after going through the study text. plz some1 help me with tips
Yes – the structure is now one compulsory 50 mark question, and then a choice of 2 from 3 questions of 25 marks each.
I have updated the sheet on here – I will update the introductory lecture this week.
may God bless u sir. I love you for this and wish to hug you someday for this priceless effort.. God be with u Amen.
Hello John, first of all, i want u to know that ur notes are AMAZING. I am sure many before me have already told you that as well lol 馃榾 Foreign Exchange Risk Management was actually making sense to me after your video lectures so thank you so much for that! 馃檪 I just want to know if you are going to upload lectures on CURRENCY SWAPS. I really want to learn that from your lectures as well especially since its kind of expected to come in our june 2013 paper. Please help out! 馃檪 thanks alot.
how come i donot have access to videos
What device are you using?
Try different browser
Dear Admin,
kindly tell me the way to get new topic which are includes recently Islamic Sources of finance?
There is a chapter in our Course Notes.
Also there is a recent article in Student Accountant.
Kindly tell me in which chapter?
Look at contents page
sir, can you upload a video lecture of how to critically evaluate an islamic finance question.
Dear Admin,
Do you have the full p4 lectures videos?
What you see is what you get 馃槈
Dear Lecturer
May I check with you on Qns2ii) of Dec2012 exam. For the cost of premium of the option, how do we get 3.7% as borrowing cost? Thanks.
It is because the French base rate is 2.2% and Lignum can borrow money at 150 points (1.5%) above base rate.
(As the answer says, you could have use 2.2% – 1% (the investing rate) if you want instead.)
Hello Lecturer,
Many Thanks for uploading the lectures. You explained the concepts very clearly.
however, in exams, there are no straight forward Questions. There are many things to be worked out together.
Is it possible to upload some lectures of actually solving the Past Exam Papers. We have their answers but sometimes get confused that why one step was taken and not other. Videos will help in better understanding.
Many Thanks
I will record answers to some past exam questions when I have the time.
Dear Lecturer,
I am a student who is 100% depended on opentution resources. Do you think that the opentution materials itself is sufficient for me to pass P4 or should i seek additional help. Although the syllabus has 28 chapters lectures are there only from Chapter 7 to 19…. Others are understandable just by reading the course notes is it ? Really appreciate your advise….I liked F9 very much and feel that i will like P4 too, however haven’t decided yet on choosing P4 for June 2013 sessions….your guidance would be of great help. thank you 馃檪
The reason that there are not lectures on all of the chapters is that the lectures concentrate on the more important areas and the other chapters should be understandable from reading them without lectures.
The Course Notes here do cover more than enough to be able to pass the exam. However what is terribly important is that you practice as many questions as possible and get used to the style of the exam – at the very least you should download past exams from the ACCA website, or (better) get hold of an exam/revision kit.
Also, the more extra reading that you do the better – try to read the business pages of a good newspaper as often as possible.
Dear Tutor.
I have watched all your video lectures on Foreign Exchange Risk Management and have found them very useful.
However I have a quick and simple question regarding estimation of futures price, as my answers being calculated the way you taught in the video lectures are not similar to the past paper answers.
For eg. June 2011 Ques. Casasophia
We are given spot rate, futures price now, 4 month forward rate and have to estimate futures price in 4 months.
To estimate it, I assume the spot rate in 4 months time is the 4 months forward rate of 1.3623, and having calculated the basis risk to be 0.0016 at that date, my estimated futures price is 1.3639 whereas the answer gives 1.3682.
Can you explain where I went wrong in my calculations ?
Thank you very much.
Great cectures, Thank you!
In the practice question northern we need to calculate the ungeared market value of a company.
In the suggested answer they use a formula MVg = MVu + DT.
Before looking at the answer I calculated the tax benefit on interest and discounted at the risk free rate and added that to geared market value. Is this an incorrect method of doing things?
@htung00, Can you please reply we it has been multiplied by 1 and divided by 5 ?
i would like to know if P7 UK is different from P7 INT
@hunter147, So why post your question on a P4 page?
Can any one help me out in COLLARS.What is that, how do we calculate tht????
I ll b very thankful….
@sagittarious, collars are dealt with in the lectures on interest rate risk management.
Plz upload the lectures of SWAP.Its complicated and hard to understand.