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Activity Based Costing part 1 – ACCA Performance Management (PM)

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  1. Hello John.

    I first passed the first three modules 3 years ago.

    I’ve not actually been in a job where the content of those three modules was used on a regular basis.

    I’m getting a vague memory of having looked at absorption rates before but is certainly not a good working memory.

    Is it worth revising the first three ACCA module before coming back to this. Or there is there one specific one I need to go over?

    Thankyou,
    Ned

    • It would be better to get new ones because there have been changes to the syllabus. However if you are watching our free lectures then you do not really need a Study Text because the lectures are a complete free course. The essential book is the Revision Kit, but again it would be best to use a current edition of it.

    • Nothing has been removed from the syllabus. More has been added on Big Data. Correlation and regression and Time series analysis are now specifically included in the syllabus (before they were just assumed knowledge from Paper MA). A section has been added emphasising the importance of being familiar with the computer based exam software.

  4. Good Evening Sir
    Is it possible to self-study Performance Management in 1 month and be exam-ready? I was thinking to start studying for performance management from 1st August, after finishing my FA exam. Would it be possible to entirely finish the syllabus and appear for the September exams?

    • It is impossible for me to answer, because it depends on how much time you have available for studying each day and how easy or difficult you find the topics. It is also essential that you have a Revision Kit from one of the ACCA Approved Publishers and that you leave some time after finishing studying so as to attempt all the questions in the Kit. Question practice is vital to passing the exam.

  7. Good evening,

    I am a new student on open tuition, I just would like to ask whether I can use these lectures and notes for September 2021? Because September is just 3 months far from June 2021.

    Appreciate your answer.

    • Yes you can. The syllabus for exams after June has the addition of regression and time series calculations (which are revision from Paper MA) – lectures on these will be added soon. None of the current topics have been removed from the syllabus and so everything in the current lectures is valid for the September exams.

  8. Hi sir,
    first of all, I want to thank you for providing this platform and helping us students in the best possible manner.
    I have one question if I plan to write the exam in Sept 2021 and the institute revises the contents after June 2021 as you have mentioned in several comments, will there be major changes?

    • In future please ask this kind of question in the Ask the Tutor Forum rather than as a comment on a lecture.

      The syllabus for the September 2021 exam is already on the ACCA website, and the only addition is the inclusion of calculations on correlation and regression, and time series analysis – both of these are already examined in Paper MA and included in our Paper MA lectures. They will be added to our Paper PM lectures shortly.

  9. Dear John,
    How are you?
    I hope you are doing well,
    Actually sir i would like to ask questions but iam no longer able to post my questions in Ask ACCA tutor fourms due to technical problem and i had asked technical team for help and i sent so many emails regarding this matter but actually but actually no response from their side could you suggest me what i have to do please.
    Thanks and regards.

  12. Sir I just came back to say thank you for all the help you’ve provided through these videos and notes and the ask the tutor forum.I passed the exam and am very grateful to opentuition and the help you gave .Thank you very much

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