The
qualification has two modules, each covering
two subject areas, as follows:
Module
A
Subject area 1 - Interpretation of Financial
Statements
Subject
area 2 - Performance Management
Module
B
Subject
area 1 - Financial Strategy
Subject
area 2 - Risk Management
Assessment
Each module will be assessed by :
One 3 hour examination
One project consisting of two assignments.
EXAMINATIONS
The examination for each module will cover the
two subject areas in that module. For example,
the examination for Module A will cover both
Interpretation of Financial Statements and Performance
Management topics. The structure of the examination
for Module A will be as follows:
Section
A
20 multiple choice questions (10 covering subject
area 1 and 10 covering subject area 2) of 2
marks each
Section
B
3 written questions of 20 marks each - covering
subject area 1
Section
C
3 written questions of 20 marks each - covering
subject area 2
Candidates
will be required to attempt all questions in
Section A, one question from Section B, one
question from Section C and one final question
from either Section B or Section C.
The
structure of the Module B examination follows
the same format, but will cover Financial Strategy™ and Risk Management™.
The
pass mark for each examination is 50%.
Provided
the appropriate forms are completed and fees
are paid, there is no limit to the number of
times a candidate may attempt the examination
or project element of the Diploma.
PROJECTS
General
Candidates
are required, as part of their assessment, to
submit two projects for the Diploma in Financial
Management qualification - one project for Module
A and one project for Module B. Each project
will consist of two assignments - one for each
subject area in the module.
Candidates
are required to submit both assignments for
each module together, in order to fulfil the
project requirement.
The
subject areas covered in the Module A project
(DA2) are
- Interpretation
of Financial Statements plus
- Performance
Management
The
subject areas covered in the Module B project
(DB2) are
- Financial
Strategy plus
- Risk
Management
The
nature of the individual assignments is such
that they will not require extensive research
and can be completed without reference to sensitive
work situations. The assignments will relate
to the subject matter of the individual papers,
and candidates who have studied the syllabus
of each paper should be able to have a good
attempt at the assignments. Each assignment
should be approximately 2000 words in length,
including appendices, and should not exceed
2,500 words. The assignments will involve a
mixture of calculation and narrative.As
there are two assignments within each project,
the maximum word count for each project is 5,000
words, including appendices and tables.
For
guidelines on how to write and present
a DipFM project, and
how they are marked, click ---
here ---
Communication
of project details
The details of the assignments making up the
overall project requirement are sent out twice
yearly - in February and August, with the examination
results and examination entry forms. Details
of the assignments also appear in the Diploma
Newsletter and on the ACCA website. The assignments
change every six months - those issued in February
are not the same as those issued in August.
Submission
of projects
For projects issued in February, the submission
rules are as follows:
Projects
must be submitted by 31 May and results for
projects submitted by this date will be reflected
in the August results/ entry form.
For
projects issued in August, the submission rules
are:
Projects
must be submitted by 30 November, with results
being reflected in the February results/entry
form.
Projects
may only be submitted once during the time periods
indicated above. Any project that is resubmitted
during the same time period will not be considered
for marking. ACCA
will only mark the original submission therefore
it is very important that projects are checked
carefully before they are submitted. Submission
dates should be strictly adhered to as no projects
will be accepted for marking after the final
submission date.
Candidates
must complete a Project submission form for
each project submitted. Projects received from
candidates who have not indicated their intention
to submit will not be accepted. Candidates must
submit only those projects which are current
and valid. Projects written on topics for previous
periods, whose deadline dates have passed, will
not be accepted for marking.
Project
pass mark
The pass mark for the project element is 50%.
It is not necessary to have achieved a pass
mark in each assignment individually - a candidate
is deemed to have passed the project element
if the total mark for both assignments is 50
or above.
If
a candidate fails a project overall, then (s)he
must submit another project from the same module
using valid topics that have been issued.
MODULE
PASS MARK
The overall pass mark for a module is 50%. In
order to pass a module, candidates are required
to have obtained 50% or above in the examination
and 50% or above in the project for that module.
Candidates who obtain the pass mark in one element
(for example, the examination) will be credited
with this pass, but will not be deemed to have
passed the module until the other element has
been successfully completed.
Examination
Timetable
---Click
here--- for CDipFM Examination
timetable.
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