ACCA PM — Performance Management Technical Articles

Deals with the theoretical aspects of pricing strategy and price elasticity.

Practical pricing approaches including market-based and cost-plus pricing.

How the balanced scorecard achieves sustained financial success and long-term shareholder value.

Advice on successfully tackling performance evaluation as a regularly examined requirement.

Reviews the Building Block model and applies it to an exam-based scenario.

Focuses on a classic performance question combining financial and non-financial analysis.

Any cost relevant to a decision - definition, types, and exam application.

How ABC investigates what causes costs and uses that information for costing purposes.

Explanation of target and lifecycle costing with examples of when to use each technique.

Why transfer pricing matters, general principles, and approach to exam questions.

Issues businesses face in managing environmental costs and methods for accounting for them.

Basic principles of the theory of constraints and throughput accounting.

The five focusing steps of the theory of constraints with practical examples.

Flexible, activity-based, rolling, zero-based, and beyond budgeting approaches.

Continuation of budgeting approaches with worked examples.

Further coverage of budgeting methods and exam technique.

Advanced budgeting topics including beyond budgeting and rolling forecasts.

Final part covering the practical application of budgeting in organisations.

Critical evaluation of incremental budgeting vs zero-based budgeting approaches.

How CVP analysis helps a business find its break-even point and model profitability.

A simple worked example illustrating the linear programming decision-making technique.

Step-by-step approach to decision trees with a simple example to guide you through.

Introduction to big data as part of the Performance Management syllabus.

Real-life examples of big data use for performance management and measurement.

A topic needed for all sections of the PM exam and regularly overlooked by students.

Risk, probability and potential outcomes - decision-making under uncertainty.

History of the learning curve effect and how future exam questions may test it.