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IRR Function

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › IRR Function

  • This topic has 2 replies, 2 voices, and was last updated 1 month ago by IAW3005.
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  • October 24, 2025 at 12:19 am #723332
    tules
    Participant
    • Topics: 13
    • Replies: 19
    • ☆

    I discovered today that the practice platform (and therefore the exam) spreadsheet actually includes the IRR() function.

    Would a student be penalized for using it rather than calculating via the interpolation method which is less accurate anyway?

    October 24, 2025 at 12:36 am #723333
    tules
    Participant
    • Topics: 13
    • Replies: 19
    • ☆

    Same question applies to the NRV() function.

    After doing my own research I’m surprised to find that ACCA actually encourages their use in the exam:

    “The NPV and IRR functions are available for use in section C of the examination. You can practice using these in the specimen exam of the constructed response workspace.”

    https://www.accaglobal.com/us/en/student/exam-support-resources/fundamentals-exams-study-resources/f9/faqs.html

    October 25, 2025 at 2:24 am #723342
    IAW3005
    Moderator
    • Topics: 4
    • Replies: 1587
    • ☆☆☆☆☆

    The markers are aware of this, and you will still receive full marks.

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