Page 270 - Microsoft Word - 00 ACCA F9 IWB prelims 2017.docx

Chapter 15

 discuss the advantages and disadvantages of equity finance as a source of
long-term finance

 identify and suggest appropriate methods of raising equity finance for a
business in a scenario question

 explain the main sources of long-term debt finance available to a business

 discuss the pros and cons of debt finance as a source of long-term finance

 discuss the pros and cons of lease finance as a source of long-term finance

 discuss the advantages and disadvantages of venture capital as a source of
long-term finance

 suggest appropriate sources of long-term finance in a scenario question

 describe the financing needs of small businesses

 describe the nature of the financing problem for small businesses in terms of
the funding gap, the maturity gap and inadequate security

 explain measures that may be taken to ease the financing problems of small
and medium enterprises (SMEs), including the responses of government
departments and financial institutions

 identify appropriate sources of finance for an SME in a scenario question and
evaluate the financial impact of the different sources of finance on the business

 explain the major differences between Islamic finance and other forms of
business finance

 explain the concept of interest (riba) and how returns are made by Islamic
financial securities

 identify and briefly discuss a range of short and long-term Islamic financial
instruments available to businesses

and answer questions relating to these areas.

The underpinning detail for this Chapter in your Integrated Workbook can
be found in Chapter 15 of your Study Text

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