CPE Self-Study
Corporate Financing and M&A Track (Modules 6-10)
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Online: 8.0
Corporate Finance and M&A focuses on equity financing, debt financing, capital structure and dividend policy. The courses also examine mergers and acquisitions and business valuation.

CGMA designation holders qualify for additional discounts on this product.

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Product details

Who Will Benefit?

  • CGMA exam candidates
  • Management accountants wanting to develop skills in corporate financial strategy

Topics Discussed

  • Methods of raising equity finance
  • Methods of raising long-term debt finance
  • The impact of changes in capital structure for an incorporated entity on shareholders and other stakeholders
  • Alternatives to cash dividends and their impact on shareholder wealth and entity performance measures
  • Appropriate dividend policies, including consideration of shareholder expectations and the cash needs of the entity
  • The financial and strategic implications of proposals for an acquisition, merger or divestment, including taxation implications
  • How to calculate the value of a whole entity (quoted or unquoted), a subsidiary entity or division using a range of methods including taxation
  • The validity of the valuation methods used and the results obtained in the context of a given scenario
  • Alternative pricing structures and bid process including taxation implications
  • Post-transaction issues

Learning Objectives

When you complete this course, you will be able to:

  • Evaluate the financing requirements of an entity and recommend a strategy for meeting those requirements
  • Evaluate dividend policies for an incorporated entity that meet the needs and expectations of shareholders
  • Evaluate opportunities for acquisition, merger and divestment
  • Evaluate the value of entities
  • Evaluate pricing issues and post-transaction issues

This CPE course is included in the 50+ hours of CGMA Strategic Management Accounting. It can also be purchased individually or as a part of Corporate Financial Strategy.

Corporate Financing and M&A CPE course first examines factors to consider when making the fundamental financing decision between equity financing and debt financing and further investigates the main sources of equity and debt finance, as well as the criteria for managing the risk involved. The course also focuses on capital structure, the impact to a business as a result of a change in capital structure, traditional and modern views of gearing, debt structuring, and examines the effects of dividend policy on shareholders.

In addition, Corporate Financing and M&A addresses why entities merge with or acquire other entities, the tax implications of mergers and acquisitions, the role and scope of competition authorities, and reasons for and against divestment including common examples. It further addresses the process and implications of a management buyout, including potential conflicts of interest.

Next, the course scrutinizes business valuation and methods used to calculate such values. Finally, the course focuses on the nature of mergers and acquisitions, and the various stages of negotiating, planning, and dealing with hostile and in-house bids.

Courses Included:

Ratings and reviews

Kaplan Publishing Limited


American Institute of CPAs

The American Institute of CPAs (AICPA) is the world’s largest member association representing the CPA profession, with more than 418,000 members in 143 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting.

The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination, and offers specialized credentials for qualified professionals who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. With The Chartered Institute of Management Accountants (CIMA), it offers the Chartered Global Management Accountant (CGMA) designation, which sets the global benchmark for quality and recognition in management accounting.

The AICPA and CIMA also make up the Association of International Certified Professional Accountants (the Association), which represents public and management accounting globally, advocating on behalf the public interest and advancing the quality, competency and employability of CPAs, CGMAs and other accounting and finance professionals worldwide.

The AICPA maintains offices in New York, Washington, DC, Durham, NC, and Ewing, NJ.

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CPE credits
: 8.0
NASBA Field of Study
Management accounting experience or the equivalent
Delivery Method
QAS Self-Study
Course acronym
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