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Per help acca objective 12

Forums › ACCA Forums › General ACCA Forums › Per help acca objective 12

  • This topic has 2 replies, 2 voices, and was last updated 7 years ago by perman.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • February 7, 2018 at 12:53 pm #435658
    perman
    Member
    • Topics: 1
    • Replies: 1
    • ☆

    Hi all

    I’m going through my PER and I’m stuck on part. E which is

    Monitor new developments in management accounting and consider their potential impact on performance and systems.

    Any advice would be gratefully received

    Thank you

    February 7, 2018 at 4:25 pm #435720
    Chris
    Member
    • Topics: 7
    • Replies: 600
    • ☆☆☆☆

    What are you stuck on exactly?

    To me, PER is about doing tasks in a work environment, and then recording the fact that you have done them. If you have done the task, it is simply a matter of wording the statement.

    So have you monitored new developments in management accounting and then considered their potential impact on your company’s performance and systems? If so then write a brief description of what you’ve done.

    If you’ve not done it, then you need to find a way of doing it. Find a source like an article, blog or websites for example that discusses a new development in management accounting. Once you’ve found it, then consider possible impacts on your business, and write those down. There, you’ve done it! Now write a statement to go into the PER statement to that effect.

    To me, the way this is written, no-one the business has to listen to what you say or use any of your recommendations, you just need to do some thinking.

    February 8, 2018 at 5:28 pm #435975
    perman
    Member
    • Topics: 1
    • Replies: 1
    • ☆

    Thanks Chris . Great reply . I’ll take all the posts advice on board and give it a go. Thank you

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