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Our SBM Exam Room Notes provide condensed summaries of over 100 key SBM topics, based on our careful review of the SBM syllabus, SBM past papers & ICAEW mocks and the topics tested under the similar Business Change paper of the previous ACA syllabus. The 2017 edition of our SBM Exam Room Notes has been fully updated for the 2017 syllabus and we have added several new sections on key syllabus updates such as Brexit, Digital Transformation, new issues relating to Big Data and cyber-security, brands and brand value, corporate governance, the FRC Risk Guidance and working capital management. In response to the recent trend for SBM past papers to test brought forward derivatives knowledge from the Financial Management paper, the 2017 edition of our SBM Exam Room Notes also now includes reminders on how to perform calculations for forwards, futures, options, Interest Rate Swaps, Forward Rate Agreements and Money Market Hedging. All topics are organised alphabetically for very quick reference under time pressure in the examination and include calculations where relevant. We also provide a list of topics organised by scenario (Acquisition, Change, Finance, Growth etc) so that you can quickly find sets of relevant notes. Using our SBM Exam Room Notes will help you avoid a mind blank in the examination and will keep you focused on points that are more likely to score. Each topic area contains "See also" references together with page references to give you additional areas to think about as well as a direct page reference so that you can instantly access the related information. Please note that this book is designed to serve as a reminder of syllabus content that you have already learned - our topic summaries are designed to act as reminders only and you must also invest some time in learning the syllabus content from the official study materials. We strongly recommend that you use the book in several timed practice attempts at SBM past papers or mocks so that you become familiar with how the book works in a realistic examination setting. See www.acasimplified.com for more information on our popular Exam Room Notes series and to download free PDF samples.