Fully covering the syllabus but without excessive detail, this book is written in clear English and uses an attractive, simple layout. With a large bank of practice questions and comprehensive solutions to help you with learning each topic, this book is an essential tool for passing your ACCA exam.This book covers everything you would expect from an exam-focused text:• The role and responsibilities of the senior financial executive• Theoretical and practical rationale for risk management• Ethical and governance issues• Management of international trade and finance• Dividend policy and transfer pricing in multinationals• Net present value• DCF and risk• Internal rate of return and modified internal rate of return• Option pricing theory and investment decisions• Sources and cost of finance• Financing of projects• Valuation and the use of free cash flows• International investment and financing decisions• Mergers and acquisitions• Corporate reconstruction and reorganisation• The treasury function• Foreign exchange risk and currency risk management• Interest rate risk. Hedging with FRAs and swaps• Futures and hedging with futures• Hedging with options