Certified Practitioner in Financial Management Level 2 (CPFM L2)

Course Overview

Certified Practitioner in Financial Management Level 2 is the course that covers the advanced concepts of strategic Financial Management. It helps you to develop higher financial understanding and skill. This course deals with in-depth exploration of financial processes.

This course will help you make decisions on an organization’s Financial Operations and analyze the risk and benefits of alternate investments by using problem-solving techniques.

Exam Format

  • Closed Book
  • 150 Questions, 1 mark each
  • 150 minutes

Pre-requisuite

To apply for Certified Practitioner in Financial Management Level 2 (CPFM L2) exam candidate need to clear the CPFM L1 exam first.

Target Audience

  • Finance Managers
  • Finance Controllers
  • Strategy Directors
  • Accountants
  • Auditors
  • Bankers
  • Investment Managers
  • Financial Risk Analysts

Course Outline

Section 1 : Financial Management

Unit 1 : Brief Introduction about Financial Management

  • Introduction,Meanings and Definitions
  • Goals of Financial Management
  • Finance Functions
  • Interface between Finance and Other Business Functions

Unit 2 : Financial Planning

  • Introduction
  • Objectives
  • Benefits
  • Guidelines
  • Steps in Financial Planning
  • Factors Affecting Financial Planning
  • Estimation of Financial Requirements of a Firm
  • Capitalisation

Unit 3 : Time Value of Money

  • Introduction
  • Rationale
  • Future Value
  • Present Value

Unit 4 : Valuation of Bonds and Shares

  • Introduction
  • Intrinsic value
  • Book value
  • Valuation of Bonds
  • Valuation of Shares

Section 2 : Accounting For Management Part II

Unit 1 : Cash Flow Analysis:

  • Introduction, Meaning of Cash Flow Statement
  • Purpose of Cash Flow Statement
  • Preparation of Cash Flow Statement
  • Format of Cash Flow Statement (AS3: Revised Method)
  • Cash Flow from Operating Activities
  • Cash Flow Statement under Direct Method.

Unit 2 : Financial Ratio

  • Liquidity
  • Activity
  • Profitability

Section 3 : Decision Analysis

Unit 1 : Cost/volume/Profit Analysis

  • Breakeven analysis
  • Profit performance and alternative operating levels
  • Analysis of multiple products

Unit 2 : Pricing

  • Pricing methodologies
  • Target costing
  • Elasticity of demand
  • Product life cycle considerations
  • Market structure considerations

Section 4 : Professional Ethics

  • Why Global accounting standards