The weighting column in the following table provides an indication of the emphasis placed on each module in the exam. explain responsibilities for financial risk and regulatory requirements, and the control framework to manage both financial and operational risks.demonstrate the practical elements of accounting for derivatives, covering both embedded derivatives and derivatives used for hedging purposes.

advise an organisation on the types of financial instruments that could be used to best manage an organisation's financial risk.

advise an organisation on the procurement and management of funding and the allocation to competing long-term investments.understand the funding, liquidity, interest rate, foreign exchange, commodity price, credit and operational risk that organisations face.apply a practical approach to assessing, monitoring and managing an organisation's financial risk.identify the types of financial risk faced by an organisation.understand risk and a risk management framework.On completion of this subject, you should be able to: The Financial Risk Management exam typically comprises entirely of multiple-choice questions. The Financial Risk Management subject extends the governance framework covered in the Ethics and Governance subject, discusses the process of investment evaluation (covered in the Strategic Management Accounting subject) and examines some of the practical elements and complexities of hedge accounting in relation to the International Financial Reporting Standards that were covered in the Financial Reporting subject.ДЇinancial Risk Management is an elective subject offered in the CPA Program. The purpose of this subject is to equip you with the necessary skills to assess these financial risks and manage them strategically with the use of financial instruments. As a result, organisations are vulnerable to financial risk, including funding and liquidity risk, market risk from interest rate, exchange rate or commodity price movements, credit risk and operational risk.

In combination with slow economic growth, this has created a volatile global economic environment. High levels of debt exist across the world following the Global Financial Crisis.

Financial risk manager