We are glad to present this new edition of Advanced Financial Management Revision Partner to candidates and lecturers appearing in CPA Part III Section 5.

This book has been prepared on the basis of the revised syllabus that was carried out by KASNEB in the year 2018.

This paper is intended to equip the candidate with knowledge, skills and attitude that will enable him/her to apply advanced financial management techniques in an organisation.

This book has been written to aid the candidate in learning how to evaluate capital investment decisions under uncertain economic conditions, design an optimal capital structure for an organisation, predict corporate failure, apply derivatives in financial risk management and apply financial management skills in the public sector

For adequate preparation of the final examination, we advise the candidate to use this Revision Partner together with our CPA Section 5 Advanced Financial Management Study Text so as to have adequate background knowledge related to topics covered under the revised syllabus.

The concepts covered in this book have been expounded in video lectures now available at www.manifestedpublishers.com.