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Ask the Tutor ACCA AFM

Assumed Knowledge

FFarida4y ago
Good evening, I am looking to sit the AFM exam in the Sept 22 sitting. I got exemptions from the FM paper and therefore it has been a long while since I have studied the topics. I wanted to ask if I should watch all of the FM lectures and practice the FM exam papers first or would I be okay to start the AFM lectures and brush up on assumed knowledge along the way? Also please could you advise on the number of hours study time to pass comfortably? I recently passed the SBR exam first time but I found it to be very time consuming and studying atleast 6 hours a day for 3 months. Thank you
John MoffatJohn MoffatTutor4y ago#1
Everything from Paper FM is relevant for Paper AFM except for the section on the management of working capital. Probably best is to start on the AFM lectures but when you come to something that you are not clear about (because of it being quick revision from Paper FM), then look back at the relevant Paper FM lecture. I cannot advise on the study time, because so much obviously depends on how easy or difficult you find the topics (which is also affected by what you remember from university (given that you were exempted from Paper FM). Obviously the more time you devote to studying the better, and make sure that you leave time after finishing studying everything to then attempt every question in your Revision Kit.
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