On this page are listed articles written by the examiner for ACCA Paper F5 – Advanced Performance Management. All are worth reading carefully in preparation for the examination.
You can access relevant ACCA the articles directly from this page.
Environmental Management Accounting (June 2004)
Just-in-time operations and Backflush Accounting (May 2004)
Management Control – a pre-requisite for survival (October 2004)
Contingency Theory:
There is no universal management accounting system appropriate to all companies.
The management accounting system needs to be designed specifically for the needs of
the company, taking into account: Environment; Technology; Size; Strategy; and, Culture.
Good Practice Question
Question 3 from ACCA Paper 3.3 December 2004 and Answer here
Beyond Budgeting (March 2005)
Budgeting takes up valuable management time, but budgets are rarely “accurate” and
serve to restrict managements ability to take advantage of situations as they arise.
‘Beyond Budgeting’ essentially involves measuring managers’ performance against other managers and/or against the performance of other similar businesses.
Good Practice Questions:
Question 3 from Paper 3.3 June 2005 and Answer here
The Pyramids and Pitfalls of Performance Measurement (September 2005)
Good Practice Questions:
Question 5 from Paper 3.3 December 2005 and Answer here
Business Strategy and Performance Models (April 2006)
Porter’s Five Forces Model
Boston Consulting Group Matrix
Ansoff’s Product-Market matrix
Economic Value Added (October 2007)
Asked in December 2007 exam (so very unlikely in June 2008!)