ACCA Performance Management Module - ACCA PM F5

This ACCA PM F5 Performance Management module is designed to develop your knowledge in applying management accounting techniques to information for planning, performance evaluation, and control. During this course, you'll learn more about the information needed to monitor performance in a competitive environment, as well as developing your understandingh of cost accounting and decision-making techniques. To achieve the full ACCA membership qualification you will need to complete this course, as well as 12 other modules. Alternatively, you can complete this module, plus the following five modules to achieve the ACCA Fundamentals - Applied Skills qualification:

• ACCA LW F4 Corporate and Business Law
• ACCA TX F6 Taxation
• ACCA FR F7 Financial Reporting
• ACCA AA F8 Audit and Assurance
• ACCA FM F9 Financial Management

Or, if you're looking to simply develop your knowledge of business environments, you can also study this course on its own. Read our guide to the ACCA course and modules.

Course Content

Section A Information, technologies, and systems for organisational performance

• Managing information
• Sources of information
• Information systems and data analytics

Section B Specialist cost and management accounting techniques

• Activity-based costing
• Target costing
• Life-cycle costing
• Throughput accounting
• Environmental accounting

Section C Decision-making techniques

• Relevant cost analysis
• Cost volume profit analysis
• Limiting factors
• Pricing decisions
• Make-or-buy and other short-term decisions
• Dealing with risk and uncertainty in decision-making

Section D Budgeting and control

• Budgetary systems and types of budget
• Quantitative techniques
• Standard costing
• Material mix and yield variances
• Sales mix and quantity variances
• Planning and operational variances
• Performance analysis

Section E Performance measurement and control

• Performance analysis in private sector organisations
• Divisional performance and transfer pricing
• Performance analysis in not-for-profit organisations and the public sector
• External considerations and the impact on performance

Section F Employability and technology skills

• Use computer technology to efficiently access and manipulate relevant information
• Work on relevant response options, using available functions and technology, as would be required in the workplace
• Navigate windows and computer screens to create and amend responses to exam requirements, using the appropriate tools
• Present data and information effectively, using the appropriate tools