ICAB PL Financial Management study plan
ICAB PL Financial Management · Give each week a clear focus.
8 weeks · About 6 hours per week
Financial Management
Map the full Financial Management syllabus into a one-page topic inventory and rank each topic by likely exam weight and personal weakness
Compute and interpret the core ratio families (liquidity, solvency, activity, profitability) on two contrasting company datasets
Build a personal formula sheet covering ratio analysis and working-capital measures, and self-test recall without notes
Your checkpoint
A dated one-page syllabus map plus a 25-formula reference sheet, with a scored 10-question self-quiz recorded
Financial Management
Derive the cost of each capital component (debt, preference shares, ordinary equity, retained earnings) and explain when each model applies
Calculate weighted average cost of capital under book-value and market-value weightings and reconcile the difference
Solve time-value-of-money problems involving annuities, perpetuities and uneven cash flows without a formula prompt
Your checkpoint
A worked WACC case for one company showing component costs, both weighting bases, and a written reconciliation of the gap
Financial Management
Apply net present value, internal rate of return, payback and discounted payback to the same project and justify ranking conflicts
Adjust project appraisal for inflation, taxation and working-capital release
Identify mutually exclusive project traps and explain the reinvestment-rate assumption behind each method
Your checkpoint
A capital-budgeting appraisal pack for two competing projects with a recommendation memo of 120-150 words
Financial Management
Construct a cash-flow forecast and classify operating, investing and financing movements correctly
Prepare and interpret a statement of cash flows from given balance-sheet and income-statement data
Diagnose liquidity and overtrading risk from a cash-flow pattern
Your checkpoint
A full statement of cash flows built from raw data, cross-checked to the closing cash balance, with a short risk diagnosis
Milestones
Week 4: Score at least 70% on a timed 30-question mixed set covering weeks 1-4 topics, with every wrong answer logged to a named syllabus topic
Week 8: Complete a full-length timed mock under exam conditions and score at least 65%, with no topic area below 50%