ACCA PM Revision June 2025 Intake

🎯 Course Goal of Performance Management (PM) To equip learners with the skills and knowledge required to apply management accounting techniques that support planning, decision-making, and performance evaluation in modern business environments. The course focuses on developing the ability to interpret financial and non-financial data to enhance organizational effectiveness and operational control.

✅ Learning Outcomes of PM By the end of the course, learners should be able to: 1. Apply Costing and Budgeting Techniques Use various costing methods (e.g., absorption, marginal, activity-based costing) for decision-making. Prepare and assess budgets, and apply budgeting techniques for planning and control. 2. Support Decision-Making with Relevant Information Identify and apply relevant financial and non-financial information to support short- and long-term decisions. Conduct cost-volume-profit (CVP) analysis and other decision-support tools. 3. Evaluate Performance Using Standard Costing and Variance Analysis Calculate and interpret variances (e.g., price, efficiency, sales mix) to assess operational performance. Recommend actions based on variance analysis. 4. Understand Behavioral and Strategic Factors Evaluate the impact of performance management systems on employee motivation and behavior. Align performance measures with strategic objectives. 5. Analyze and Interpret Performance Data Use key performance indicators (KPIs) and other metrics to assess efficiency and effectiveness. Apply performance measurement in different sectors, including public and non-profit organizations. 6. Communicate Management Accounting Information Present financial data and insights clearly to support business decision-making and performance improvement.