PMTheory part in F5

Haha mostly performance measurement,learn the theory and then be able to apply,doesn't mean too much of memorisation,another word for application is write in your own words in different situation using the knowledge you have. So memorising doesn't help too much.

F5 is 50% theory and 50% numerical aspect. learnig theory is good but without having proper and deep understanding about what that specific mentioned text really means , it is like that you are still on the first step of the ladder.
Then ensure that while you are reading do you better understand it and have enough knowledge to critise if it is valid. Without having right concepts and every thing clear and didnt understood a topic wrongly, passing f5 is impossible and uncertain. Every time revising a topic some new understanding develop. Just revise the topic as much as you can and when you are sure non is unclear to you then search this topic on the acca website, opentuition notes and other acca approved publishers if you afford, you will find something new and then you get satisfied. i wholly agree with "ckseah"

I'd say, after solving every question, right it down in your own words what you've actually done.. then compare your answer with the kits solution.. in the first few attempts you'd feel you're way too behind but after attempting a couple of questions you'd gain confidence and your answer might appear more comprehensive then the kit one.

and ofcourse lots of reading is a 'must'. Read the chapters before you actually go on attempting questions. Without reading it wouldn't be of much use. Read any material you find on the specific topic, gain as much knowledge as you can. The more preparations and hard work you put in, the more chances for you to clear the paper :)