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Ask the Tutor ACCA FM

Advice

MMarcia7mo ago
Dear Sir, Hope you are well. I am Acca student and would like to ask you an advice, between PM and FM which one is better to start preparing for exam? Is it possible to apply for both? Regards Márcia
IAW3005IAW3005Tutor7mo ago#1
It is possible to apply for both. They are very different subjects to do. PM - is management accounting to aid in business planning, decision-making, and control. Covers budgeting, standard costing, variance analysis, performance measurement, and CVP analysis (breakeven). FM - teaching you the knowledge and skills of a finance manager to make crucial investment, financing, and dividend policy decisions for a business, covering areas like working capital, cost of capital, investment appraisal, business finance, and risk management.
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