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Prepare with the official learning material trusted by the Institute and Faculty of Actuaries (IFoA). The Core Reading provides clear explanations and examples that align directly with the IFoA exam syllabus, helping you understand key concepts and apply them with confidence. Available now through ACTEX Learning, your trusted source for actuarial exam preparation.
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About Exam CB1
Business Finance (CB1) provides the theory and application of corporate finance as well as the main elements of companies’ financial statements. Candidates will gain knowledge of corporate governance, different types of company structure, management goals and maximizing shareholder wealth, traditional and new methods of raising short and long-term finance, use of leverage, growth and profitability, and mergers and acquisitions. In financial statements analysis, regulation and regulatory bodies for financial reporting, the company’s balance sheet, income, and cash flow statements, and elements of management accounting are considered.
- The exam format is a 3 hours and 20 minutes computer-based exam (Word)
- Recommended study hours: 150
IFoA Core Readings