ACCA-F5
Course name: Performance Management（ACCA-F5）
Course credit: 2
Prerequisite: Management Accounting（ACCA-F2）
Course content:
The course aims to provide a though grounding in specialist cost and management accounting techniques,
decision-making techniques，budgeting，standard costing and variance analysis，performance management. The contest is included as follows:

Explain, apply, and evaluate cost accounting techniques.
Select and appropriately apply decision-making techniques to evaluate business choices and promote efficient and effective use of scarce business resources, appreciating the risks and uncertainty inherent in business and controlling those risks.
Apply budgeting techniques and evaluate alternative methods of budgeting, planning and control.
Use standard costing systems to measure and control business performance and to identify remedial action.
Access the performance of a business from both a financial and non-financial viewpoint, appreciating the problems of controlling divisionalised businesses and the importance of allowing for external aspects.

Outline

Part A: specialist cost and management accounting technique
1.
costing
2a. activity based costing
2b. target costing
2c. lifecycle costing
2d. back-flush accounting
2e. throughput accounting

Part B: decision-making technique
2.
liming factor analysis
3.
pricing decisions
4.
Short-term decision
5.
risk and uncertainty

Part C: budgeting
7.
objective of budgetary control
8.
budgetary systems
9.
quantitative analysis in budgeting

Part D: standard costing and variances analysis
10.
budgeting and standard costing
11.
variance analysis
12.
behavioural aspects of standard costing

part E: performance measurement and control
13.
performance measurement
14.
divisional performance measures
15.
further performance management