Financial Risk Manager

Ways of Financial and Risk Management

ICAP Examiner Comment - Mind Blowing

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No comments at all .........

Tukke mein CA pass karna aur baat hai….zara yeh to kar ke dikhaen


ICAP
Autumn 2009
Question:

Char zero aik sat likh kr dakhaen?
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ANS:
0000

Examiner Comments:

Students were confused to answer. It shows that they have little kn0wledge and grip over the topic. It also shows selective studies n limited interest. They wrote 0000 instead of 4017

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posted @ 10:34 PM, ,

ICAEW - Advanced Stage Module for ICAP Members

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The Advanced Stage consists of two Technical papers and a Case Study. Throughout the process you will be working and therefore able to apply your new skills direct in the workplace.

About the Advanced Stage

Students are encouraged to include relevant practical examples in your examination work from the outset, but it is in the Advanced Stage that you really focus on the technical and strategic skills needed to become a fully qualified ACA.

Skills needed

- Adopt a multi-disciplinary approach and demonstrate your ability to use judgement as well as highlight your technical skills.

- Apply classroom learning to the practical issues facing organisations (the IPD framework will help you do this).

- Consider genuine problems and come up with real-life solutions that manage both finance and risk.

- Good communication skills, business awareness, professional judgement and the application of technical accounting knowledge.

Breakdown of the Advanced Stage modules

1.Technical integration - Business Reporting

Financial and corporate reporting and accounting, audit and assurance, taxation, law and ethics. Apply technical knowledge and professional judgement to business scenarios to determine compliance solutions and a consideration of the alternatives.

2. Technical integration - Business Change

Demonstrate your understanding, planning skills and ability to give advice. Analyse and interpret internal and external financial and non-financial information covering taxation and law, business strategy, financial management, performance management and costing, financial and corporate reporting and accounting, audit and assurance and your grasp of ethics.

3. Case Study

Test your professional skills in the context of a specific business issue. Be challenged on multiple areas of the syllabus. The examination combines information given to candidates beforehand and impact information given on the day.

How long are the exams?

The Technical papers last 3.5 hours each. The Case Study lasts 4 hours.

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posted @ 3:04 PM, ,

ICAEW - Advanced Stage Exam

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The deadline for the November session Advanced Stage examinations is 1 October 2009.

Key Dates

Deadline : 1 October
Withdrawal deadline: 12 October
Admission details : 16 October
Exams : 2, 3, 4 November
Results : 11 December

Candidates entering for exams will now get their admission details sent electronically.

Instead of an admission letters sent in the post, candidates will collect their assessment details online. This will include their timetable, venue, candidate number and instructions.

Admission details will be available online from 17 October. ICAEW will send you an email to tell you when your admission details are available, so it is important we have an up-to-date working email address for you.

Candidates who have special arrangements will be sent letters confirming their timetable for the session on 16 October.

View a full list of dates and deadlines here for 2009 and 2010

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posted @ 2:11 PM, ,

ICAEW Exams - July 2010

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After all arrangements between ICAP and ICAEW, the ICAP Members now have to take only three Advanced Stage exams to pass and get ICAEW Membership.

Since, as per ICAEW, no further change is now expected at least until new ACA 2012 is launched by ICAEW, the ICAP Members can now decide to take the Business Reporting and Business Change Exam in July 2010.

This is to inform that the Students wishing to take the "Business Reporting" and "Business Change" exams in July, 2010 may now enroll with EWP for classes so that they can be provided with the UK Law and Tax Orientation Classes (compulsory) and the books for the preparation of their exams earlier.

For more details and classes schedule, please visit here

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posted @ 12:03 PM, ,

Cost of Capital

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As for as the paper of Business Finance Decision is concerned this topice is very important. So every student must has a sound knowledge of its concept and components.Cost of Finance is minimum rate of return that a firm must earn on its investment for the market value of the firm to remain unchanged.

Sources of Finances:

Finance required for investing purpose may be from one or combination of following sources;

Weighted Average Cost of Capital:(WACC) Capital is the combination of different components (sources) and cost of each component is called specific cost. When these costs are combined to arrive at overall cost of capital, it is referred to as Weighted Average Cost of Capital.Component of Cost of Capital:


In simple words, WACC is the combination of cost of equity and cost of debts.

Cost of Debt: is the after tax cost of long term funds through financing and

Cost of Equity: is the discount rate that equates the present value of all expected future cash dividends per share with the net proceeds of the sale of a share.

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posted @ 9:57 AM, ,

ICAP announced CA Final Result

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My heartiest Congrtulations to all friends who qualified as Chartered Accountant completely / partly. Some of these are

Wish you all the best . Inshallah Allah will bestow all of us his blessing.

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posted @ 1:45 PM, ,

Global Provider of Financial Education Solutions

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Find exam material for FRM, CFA, CPA, CFP, CPE AND CLU at SCHWESER.

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posted @ 2:07 PM, ,

Associate PRM Certificate Exam Registration

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The Associate Professional Risk Manager (Associate PRM) is a new PRMIA certificate program intended for staff entering the risk management profession, or those who interface with risk management disciplines on a regular basis, such as auditing, accounting, legal, and systems development personnel who want to understand fundamental risk management methods and practices. Designed to be mathematically and theoretically less detailed than the Professional Risk Manager (PRM™) certification, the new program will cover the core concepts allowing non-specialists to interpret risk management information and reports, make critical assessments and evaluate the implications and the limitations of such results.
Only successful candidates of the PRM designation are entitled to use the PRM title. Associate PRM members will receive a certificate but will not be entitled to use the PRM title.
Information for Candidates
How to Prepare for the Associate PRM Exam
Exam Registration

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posted @ 1:08 PM, ,


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