Recommend strategies for the management of the financial resources of the firm such that they are utilised in an efficient, effective and transparent way.
Establish an ethical financial policy for the financial management of the firm which is grounded in good governance, the highest standards of probity and is fully aligned with the ethical principles of the Association.
Explore the areas within the ethical framework of the firm which may be undermined by agency effects and/or stakeholder conflicts and establish strategies for dealing with them.
Prepare advice on personal finance to individual as well as groups of investors, covering areas such as investment and financing.
Impact of environmental issues on corporate objectives and on governance
Assess the issues which may impact upon corporate objectives and governance from: i) Sustainability and environmental risk ii) The carbon-trading economy and emissions iii) The role of the environment agency iv) Environmental audits and the triple bottom
ROLE AND RESPONSIBILITY TOWARDS STAKEHOLDERS
Compare the emerging governance structures and policies with respect to corporate governance (with particular emphasis upon the European stakeholder and the US/UK shareholder model) and with respect to the role of the financial manager. 
Conflicting stakeholder interests
comparative governance structures iii) Agency Theory
Recommend, within specified problem domains, appropriate strategies for the resolution of stakeholder conflict and advise on alternative approaches that may be adopted. 
Assess the potential sources of the conflict within a given corporate governance/ stakeholder framework informed by an understanding of the alternative theories of managerial behaviour. Relevant underpinning theory for this assessment would be: i) The Separation of Ownership and Control ii) Transaction cost economics and 
Financial strategy formulation
Recommend the optimum capital mix and structure within a specified business context and capital asset structure.
Recommend appropriate distribution and retention policy.
Establish capital investment monitoring and risk management systems.
Develop a framework for risk management comparing and contrasting risk mitigation, hedging and diversification strategies.
Ethical issues in financial management
Assess the ethical dimension within business issues and decisions and advise on best
The role and responsibility of senior financial executive/advisor
Advise the board of directors of the firm in setting the financial goals of the business and in its financial policy development  with particular reference to:
Investment selection and capital resource allocation
Minimising the firm’s cost of capital
Distribution and retention policy
Communicating financial policy and corporate goals to internal and external stakeholders
Financial planning and control
The management of risk
 Develop strategies for the achievement of the firm’s goals in line with its agreed policy framework.