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BCS BF01 Exam Syllabus Topics:

SectionWeightObjectives
Budgets and budgeting10%- Purpose and uses of budgeting
- Responsibility accounting and capital vs revenue expenditure
- Flexed budgets and budgetary control
Constructing the financial case20%- Cost of capital and present value
- Payback and risk analysis
- Return on investment (ROI)
- Cash flow and payback for a project
- Net Present Value (NPV) and Internal Rate of Return (IRR)
Financing service delivery10%- Outsourcing financial characteristics
- Leasing vs financing distinctions
- Depreciation and financing investments
Costs and cost behaviour20%- Activity-based costing and overhead allocation
- Fixed vs variable costs
- Breakeven analysis and margin of safety
Developing the business case10%- Business case in the business change lifecycle
- Contents of a business case
- Categories of costs and benefits
- Options: benefits, costs, risks and impacts
Evaluating supplier financial stability20%- Profitability, liquidity and gearing ratios
- Financial ratio calculation and interpretation
Finance in the project lifecycle10%- The project lifecycle – a financial perspective
- Income statement and cash flows
- Sources of finance and financial vocabulary
- Cash flow forecasting
- Statement of financial position (balance sheet)
- Distinction between cash and profit

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