ACCA December Lectures for March Exams (PM-Performance Management (Fundamental, Applied Skills))
About This Course
The Performance Management (PM) module focuses on evaluating and improving business performance. It explores techniques for budgeting, performance measurement, variance analysis, and managing organizational performance. This course equips students with the skills to analyze financial and non-financial data, assess performance, and make informed decisions to enhance efficiency and effectiveness in organizations.
Learning Objectives
Understand the role of performance management in organizations and how it contributes to achieving organizational goals.
Apply different techniques for budgeting, forecasting, and setting performance targets.
Perform variance analysis to assess performance, including the analysis of cost, revenue, and profit variances.
Evaluate non-financial performance measures and integrate them with financial performance metrics.
Use performance management tools like balanced scorecards, key performance indicators (KPIs), and benchmarking.
Make recommendations to improve organizational performance based on financial analysis and performance data.
Requirements
- Basic understanding of financial and management accounting principles (e.g., FA – Financial Accounting, MA – Management Accounting).
- Access to ACCA-approved study materials and practice questions for performance management techniques.
- Commitment to attending lectures, analyzing case studies, and completing practice exercises.
Target Audience
- ACCA candidates pursuing the Applied Skills Level qualification.
- Aspiring performance analysts, management accountants, and business managers who focus on performance evaluation.
- Professionals in roles related to business operations, strategic planning, or financial analysis.
- Entrepreneurs and managers looking to enhance the performance and efficiency of their organizations.
Your Instructors
