ACCA P5 Paper, Advanced Performance Management, is the fifth paper of the professional level module and it aims to enable the candidate apply relevant knowledge, skills and exercise professional judgement as expected of a senior financial executive or advisor, in taking or recommending decisions relating to the financial management of an organisation in private and public sectors.
By clearing this paper, you will learn:
Use strategic planning and control models to plan and monitor organisational performance
Assess and identify relevant macro economic, fiscal and market factors and key external influences on organisational performance
Identify and evaluate the design features of effective performance management information and monitoring systems
Apply appropriate strategic performance measurement techniques in evaluating and improving organisational performance
Advise clients and senior management on strategic business performance evaluation and on recognising vulnerability to corporate failure
Identify and assess the impact of current developments in management accounting and performance management on measuring, evaluating and improving organisational performance
ACCA P5 syllabus in accordance with the aim of the ACCA P5 paper, This syllabus looks further develops key aspects introduced in Paper F5, Performance Management, at the skills level and draws on aspects of the material covered from a more strategic and operational planning perspective in Paper P3, Business Analysis
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