ACCA Applied Skills — Financial Management (FM)
Working capital, investment appraisal, business finance, valuation and risk — practice for the three-hour ACCA FM computer-based exam, with 1,000 flashcards, 350 quiz questions and a timed 32-question mock exam.
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Everything included — in full detail
This is exactly what you unlock. No vague promises — real numbers, straight from the portal.
Your full practice pool — 350 questions total, written to mirror the real exam blueprint, with full answer explanations for every question.
Including A Financial management function, B Financial management environment, C Working capital management, and more.
A complete, realistic exam-day simulation with the same question count and time limit as the real thing.
Covering every key term, concept, and framework you're expected to know.
Hand-picked walkthroughs and explainers organized by topic.
Visual breakdowns of the frameworks and models the exam tests you on.
The exact formulas and calculations you need, ready to review before test day.
A searchable glossary so unfamiliar terminology never slows you down.
Real field-reference and career reading picked for this profession — never more exam-prep.
See your accuracy by domain, spot weak areas early, and follow a built-in study schedule.
Study anywhere — your progress syncs on the device you are using and picks up where you left off.
No subscriptions, no renewals — buy once and keep studying until you pass.
See the ACCA Financial Management (FM) portal
Real screenshots — this is exactly what you'll be studying in. Click to zoom in.
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Topics you'll drill
7 core topics pulled straight from the real question bank.
- A Financial management function
- B Financial management environment
- C Working capital management
- D Investment appraisal
- E Business finance
- F Business valuations
- G Risk management
ACCA Financial Management (FM) exam requirements & cost
Straight from the certifying body — separate from what we charge for the study portal.
Financial Management (FM) is a paper in the Applied Skills module of the ACCA Qualification, set by the Association of Chartered Certified Accountants. It tests the knowledge and skills of a finance manager responsible for a business's finance function — investment, financing and dividend-policy decisions — and it is the paper that underpins Advanced Financial Management (AFM) later in the qualification. To start Applied Skills you must have completed the Applied Knowledge exams, hold the ACCA Diploma in Accounting and Business (RQF Level 4), or hold a relevant accounting or finance qualification at degree level; ACCA's exam progression rules say papers must be taken in modular order, but within a module you can attempt them in any order, and a student can sit at most four exams in a cycle and eight distinct exams in a calendar year. The exam fee is charged per paper: for the December 2026 sitting ACCA's UK fees page lists £160 at standard entry and £409 at late entry, with the same page noting that fees depend on your region (for example, India's September 2026 standard entry is listed at £151). Separately you pay ACCA's one-off registration fee (£89 on the UK page) and an annual subscription (£140 for 2026). The exam is a three-hour computer-based test with an extra 10 minutes beforehand to read the instructions, a formulae sheet and discount and annuity tables are provided, and the pass mark is 50%, the same as every ACCA Qualification exam.
Real pass rate, retake policy, scoring, and a study timeline for ACCA Financial Management (FM) — free, no purchase required.
Common questions
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