ACCA Study Support: Performance Management (PM)

A Mai Studies study-support programme written for learners preparing for the ACCA Applied Skills paper Performance Management. Every module contains original written notes with worked numerical examples, a tutor-voice classroom transcript, a practical activity with a worked solution, a mock test with explained answers and a marked written assignment. Mai Studies is an independent provider: it is not ACCA, is not an ACCA Approved Learning Partner, and this programme carries no exam credit or exemption.

10 weeks 60 guided hours Intermediate

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No account needed to buy. Pay with your card and we create your student account from the email you enter, with this programme ready inside it for twelve months.

ACCA Study Support: Performance Management (PM) course artwork

What you will achieve

Apply activity based, target and lifecycle costing to a product decision
Identify relevant costs and use them in short-term decisions
Apply cost volume profit analysis and limiting factor analysis
Prepare and interpret budgets, including flexed budgets
Calculate and interpret sales, material, labour and overhead variances
Evaluate divisional and non-financial performance measures

Entry guidance

— Comfortable with basic costing and arithmetic
— Access to a spreadsheet
— Around six study hours each week

Original Mai Studies learning material. This is a professional completion programme, not a regulated qualification or university accreditation.

Programme syllabus

6 applied modules

Lessons: 6
Assessed tasks: 6
Practice questions: 126
Timed mock papers: 3

Modern costing methods

Activity based costing, target costing and lifecycle costing, and when each gives a better answer than absorption costing.

1 lesson · 22 practice questions · 1 assessed task

1. Costing that reflects how cost is really caused38 min study · 3 learning objectives · practical activity
Why absorption costing misleads in complex operations, and how activity based, target and lifecycle costing respond.

Recost a product range using activity based costing — marked out of 100, pass at 80%

Relevant costing and short-term decisions

Which costs matter for a decision, and applying them to make or buy, accept or reject and shutdown questions.

1 lesson · 21 practice questions · 1 assessed task

1. Deciding with relevant costs only38 min study · 3 learning objectives · practical activity
Identifying the cash flows that change because of a decision, and ignoring everything else.

Build a relevant cost statement — marked out of 100, pass at 80%

Cost volume profit and limiting factors

Breakeven, margin of safety, multi-product analysis and ranking products by contribution per unit of scarce resource.

1 lesson · 22 practice questions · 1 assessed task

1. Breakeven and scarce resources39 min study · 3 learning objectives · practical activity
Using contribution to find the point of no profit and to allocate a resource that runs out.

Optimise a production plan under a scarce resource — marked out of 100, pass at 80%

Pricing decisions

Cost plus, market based and strategic pricing, elasticity, and pricing over the life of a product.

1 lesson · 20 practice questions · 1 assessed task

1. Setting a price that holds37 min study · 3 learning objectives · practical activity
Cost based and market based pricing, demand sensitivity, and price strategies across a product life.

Recommend a launch price — marked out of 100, pass at 80%

Budgeting and budgetary control

Budget types and behaviour, flexed budgets, and using variances from a flexed budget to control operations.

1 lesson · 21 practice questions · 1 assessed task

1. Budgets that control rather than decorate36 min study · 3 learning objectives · practical activity
How budgets are built, how behaviour distorts them, and why control needs a flexed budget.

Flex a budget and explain the variances — marked out of 100, pass at 80%

Variance analysis and performance measurement

Calculating and interpreting variances, then measuring divisional and non-financial performance without distorting behaviour.

1 lesson · 20 practice questions · 1 assessed task

1. Variances and the wider performance picture37 min study · 3 learning objectives · practical activity
Calculating variances, explaining them honestly, and measuring divisional performance without distorting behaviour.

Report on variances and divisional performance — marked out of 100, pass at 80%

Timed mock papers

ACCA Study Support: Performance Management (PM): timed mock paper 1 — 180 minutes, 50 objective questions plus written and computational tasks
ACCA Study Support: Performance Management (PM): timed mock paper 2 — 180 minutes, 50 objective questions plus written and computational tasks
ACCA Study Support: Performance Management (PM): timed mock paper 2 — 180 minutes, 50 objective questions plus written and computational tasks

Lesson pages, assessed tasks and mock papers open the moment you join this programme. Teaching material is studied online; the notes you write are yours to download.

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