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Qualification Pathway Level 2 — Expertise

ACCA E4 - Finance and Investment

Understand how organisations raise finance and make investment decisions.

ACCA E4 - Finance and Investment

Learning Objectives

6 objectives
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Explain the strategic, economic and financial market environment in which finance and investment decisions are made.

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Manage working capital, including inventories, receivables, payables and cash.

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Appraise investments using discounted cash flow techniques, allowing for inflation, taxation, risk and uncertainty.

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Identify sources of finance, calculate the cost of capital and discuss capital structure.

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Value businesses, equity and debt, and explain the role of the Efficient Market Hypothesis.

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Explain how exchange rate and interest rate risk arise and how hedging techniques manage them.

Programme Outline

6 topics
1

Finance and investment environment

The strategic and economic setting for finance decisions, and the markets and institutions involved.

2

Working capital

Controlling stock, receivables, payables and cash, and choosing how to fund day-to-day needs.

3

Investment appraisal

Discounted cash flow and related techniques, adjusted for inflation, tax, risk and uncertainty.

4

Business finance

Where finance comes from, what each source costs, and how capital structure affects value.

5

Business valuations

How to put a value on businesses, shares and debt, and what market efficiency means in practice.

6

Risk management

How currency and interest rate movements create exposure, and the tools that hedge it.

Hands-On Resources

Missed a live session? Catch up here.

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Recorded Lectures Every live session is recorded and available within 24 hours.
Watch → Coming soon
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Case Study Library Real-world accounting case studies used throughout the course.
Download → Coming soon
quiz
Practice Question Bank Exam-style questions with full worked solutions.
Access → Coming soon

Qualification Pathway

17 examinations
1
Level 1 — Knowledge ACCA K1 - Financial Accounting
£2,100.00 View →
2
Level 1 — Knowledge ACCA K2 - Management Accounting
£2,100.00 View →
3
Level 1 — Knowledge ACCA K3 - Business Law
£2,100.00 View →
4
Level 1 — Knowledge ACCA - Responsible Business Management (Essential Employability Module)
£2,100.00 View →
5
Level 2 — Expertise ACCA E1 - Taxation
£2,600.00 View →
6
Level 2 — Expertise ACCA E2 - Financial Reporting
£2,600.00 View →
7
Level 2 — Expertise ACCA E3 - Audit, Risk and Control
£2,600.00 View →
8
Level 2 — Expertise ACCA E4 - Finance and Investment
£2,600.00 This page
9
Level 2 — Expertise ACCA E5 - Performance with Data Analysis
£2,600.00 View →
10
Level 2 — Expertise ACCA - Digital Tech and Innovation (Essential Employability Module)
£2,600.00 View →
11
Level 3 — Strategic Professional ACCA S1 - Business and Sustainability Reporting
£3,200.00 View →
12
Level 3 — Strategic Professional ACCA S2 - Strategic Business Leader
£3,200.00 View →
13
Level 3 — Strategic Professional ACCA SAA - Audit and Assurance Professional
£3,200.00 View →
14
Level 3 — Strategic Professional ACCA SCF - Corporate Finance Professional
£3,200.00 View →
15
Level 3 — Strategic Professional ACCA SDS - Data Science Professional
£3,200.00 View →
16
Level 3 — Strategic Professional ACCA SPI - Performance and Insights Professional
£3,200.00 View →
17
Level 3 — Strategic Professional ACCA STA - Taxation Advisory Professional
£3,200.00 View →
Accounting ◆ Finance & Investment ◆ Actuarial Science ◆ Risk Management ◆ Executive Education ◆ Accounting ◆ Finance & Investment ◆ Actuarial Science ◆ Risk Management ◆ Executive Education ◆