Advanced Financial Management or AFM is the second paper under Group 1 in CA Final examinations in January, May, and September 2026. The content of this subject helps the CA student to gain the necessary knowledge and become a competent and globally recognised accounting professional. This subject focuses on the importance of understanding the tools and...
Revision Test Papers (RTP) are issued by the Institute of Chartered Accountants of India (ICAI). The RTP is a question bank which is issued by ICAI before the upcoming CA examinations. As per the past trend it has been observed that multiple questions from RTP are asked in the actual CA examinations, hence, making...
The CA Final syllabus includes Advanced Financial Management AFM (earlier name SFM) as Paper 2 during the CA examination. The subject will help the CA students to acquire the ability to make strategic decisions. SFM now AFM is one of the core papers for the CA Final students and the CA final students can aim...
Are you preparing for CA examinations? Given the vast CA syllabus and examination pressure, preparing for CA examinations can be a daunting task. Here is a guide to top CA exams. As we are already aware, there are two groups in CA Inter with three papers each. While preparing for CA examinations it is important to plan...
The Institute of Chartered Accountants of India (ICAI) has implemented a new scheme of education and training. The ICAI has revised the whole CA Course- few sections have been removed, some have been merged together, and some new additions have been made. Talking about changes made to CA Final papers- Strategic Financial Management (SFM) paper...
Before the Exam – To start with the CA Final SCMPE Preparation Strategy, firstly you can revise the concepts of Cost and Management Accounting (CMA), and Strategic Management (SM) studied by you at the CA-Intermediate Level. It will help you clear your base and understand the subject more deeply. Thereafter, you can either go for...
Advanced Financial Management (AFM) is Paper – 2 at the CA Final Level. Preparing for this subject requires a solid foundation, conceptual clarity, and lots of practice. Before starting with your preparation of AFM, it is strongly advised to revise the Financial Management (FM) and Strategic Management (SM) subjects studied at the CA Intermediate...
Strategic Financial Management is Paper 2 of CA Final Curriculum. It is just an advanced version of Financial Management studied by you at your CA Intermediate level (Paper 8). So, if you really want to understand the concepts of CA Final SFM well, you should firstly revise all the concepts of CA Inter FM...
Paper 2 of the CA Final Course is the Strategic Financial Management (SFM). Revise the Financial Management (FM) subjects you studied at CA - Intermediate Level, such as Time Value of Money, Capital Budgeting, Cost of Capital, Dividend Decision, and Capital Structure, before starting your preparation. This will help in gaining a thorough understanding of...
AFM (Advanced Financial Management) is one of the most important and core subjects of the CA Final course under the new syllabus. As a part of Group-I, it requires a highly practical approach along with conceptual clarity, market awareness, and strong analytical skills. While the subject has evolved from the older syllabus' SFM (Strategic Financial...
