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Prepare for ACCA Advance Performance Management!

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Prepare for ACCA Advance Performance Management!

Objective!

The aim of the syllabus is to apply relevant knowledge, skills and exercise professional judgement in selecting and applying strategic management accounting techniques in different business contexts to contribute to the planning, control and evaluation of the performance of an organisation and its strategic and operational development.

The Advanced Performance Management syllabus further develops key aspects introduced in Performance Management at the Applied Skills level.

Key Points for Exam Success!

Practice!

Practicing as many past exam papers as you can, will help you achieve the pass mark. The SKANS Ecampus platform provides abundant resources of past exam papers available for practice.

Read before you answer!

Understanding what the examiner is asking and answering accordingly is a key factor as your answer may be good but if it’s not what the examiner was looking for – you will not be able to score.

Syllabus Coverage!

With ACCA rigorous assessment system, picking and choosing syllabus areas to study, is not an option. You need to cover the entire syllabus and carry out sufficient practice. The exam aims to address issues at the strategic, tactical and operational levels and will require you to understand the connections between these levels Get Set for ACCA Performance Management – SKANS ECampus.

Knowledge application

A good student i.e. you should be able to tailor the approaches suitable to the organisation described in the exam scenario and justify this advice using the evidence given in the scenario.

Evaluate

You should be able to:

  • assess the current situation of the organisation (for example, its existing performance management systems) and then
  • consider how to apply a new approach to performance management (for example, one of the many models mentioned in the syllabus) and
  • assess whether this new approach will be an improvement (for example, by helping to meet the corporate objectives).

Foundation!

Make sure you have strong underpinning knowledge of F2- Management Accounting and F5- Performance Management

Credits: ACCA Global

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