Certified Diploma in Financial Management (CDipFM) - Assessment Methodology

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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

Each of the two modules will be assessed via a 3-hour examination and a project. ACCA offers 160 examination centres worldwide, and sessions are held twice a year in June and December. One or both examinations can be taken at one sitting.

The examination for each module covers the two subject areas in that module and is assessed via a combination of multiple choice and written questions. Like the examination, the project is also based on the subject areas covered by the module, but it can be completed in the student’s own time and submitted to ACCA for marking, prior to examination sessions in June and December.

Both the examination and the project must be successfully completed in order to achieve an overall pass in the module.

On successfully passing both modules, you will receive a certificate and the entitlement to use the letters DipFM after your name.

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 fulfill 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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