Accounting & Finance

Prerequisites for Exam Applicants:

• Foundational Knowledge Requirement: Candidates should possess a basic understanding of the below-listed topics to apply for the exam in Accounting and Finance.

1. Financial Statements
   • Understanding the Components and Purpose
2. Financial Ratios
   • Key Ratios: Current Ratio, Quick Ratio, Debt-to-Equity Ratio, ROI
3. Time Value of Money
   • Concepts: Present Value, Future Value, Time Value of Money
4. Cost of Capital
   1. Significance in Investment Decisions
   2. Calculation: Weighted Average Cost of Capital (WACC)
5. Budgeting and Financial Planning
   • The Budgeting Process
   • Principles of Financial Planning
6. Investment Valuation
   • Valuation Methods: Dividend Discount Model (DDM), Discounted Cash Flow (DCF) Analysis
7. Financial Markets
   1. Basics of Financial Markets
   2. Securities and Risk Management
8. Accounting Principles
   • Fundamentals: Accrual Basis Accounting, GAAP
9. Financial Analysis
   1. Analyzing Financial Statements
   2. Interpreting Financial Ratios
   3. Assessing a Company’s Financial Health