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Performance Management

You’ll develop knowledge and skills in the application of management accounting techniques to quantitative and qualitative information for planning, decision-making, performance evaluation and control.

 

2 Hours

Exam Duration

50/100

Passing Marks

Online

Mode of Exam

Mar|Jun|Sep|Dec

All Attempts
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ACCA PM Syllabus

  1. Management information systems
  2. Uses and control of information
  3. Big data and data analytics
  1. Activity-based costing
  2. Target costing
  3. Life-cycle costing
  4. Throughput accounting
  5. Accounting for environmental and sustainability factors
  1. Relevant cost analysis
  2. Cost volume profit analysis (CVP)
  3. Limiting factors
  4. Pricing decisions
  5. Make-or-buy and other short-term decisions
  6. Dealing with risk and uncertainty in decision-making
  1. Budgetary systems and types of budget
  2. Analytical techniques in budgeting and forecasting
  3. Standard costing
  4. Material mix and yield variances
  5. Sales mix and quantity variances
  6. Planning and operational variances
  7. Performance analysis
  1. Performance analysis in private sector, public sector and not-for-profit organisations
  2. Divisional performance and transfer pricing
  3. Specific performance analysis issues in not-for-profit organisations and the public sector
  1. Use computer technology to efficiently access and manipulate relevant information.
  2. Work on relevant response options, using available functions and technology, as would be required in the workplace.
  3. Navigate windows and computer screens to create and amend responses to exam requirements, using the appropriate tools.
  4. Present data and information effectively, using the appropriate tools.
Did you know? You could get special exemptions for this paper

ACCA PM Paper Pattern

Section A (30 marks)

Section B (30 marks)

Section C (40 marks)

15 Objective Test Questions (OTQ’s) x 2 marks each
3 case studies * 5 OTQ’s in each case study x 2 marks each
2 Constructed Response Questions x 20 marks each

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Our management team has cumulative experience of coaching and mentoring 10,00,000+ students for the last 40 years for professional qualifications like CA, CS, CMA, ACCA, DipIFR, CFA, etc. Needless to say, our recipe for success is a sureshot way to achieve success in ACCA exams.

Interactive Study Lectures

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Free Express Notes for last-minute revision of ACCA PM in association with The ExP Group

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Frequently Asked Questions

We know you're excited, and with lots of questions to get started with ACCA PM Course

In ACCA, PM stands for Performance Management. It’s an applied skills level exam focusing on performance management techniques. It covers budgeting, variance analysis, performance measurement, and strategic business analysis. The exam evaluates candidates’ ability to apply these concepts in real-world scenarios to enhance organizational performance. Pass rates typically range between 37%-43%.

To pass the ACCA PM exam, one must follow these tips: 1) Understand the syllabus , exam format & examiner’s expectations thoroughly. 2) Study the key topics, including budgeting, variance analysis, performance measurement, and strategic business analysis. 3) Practice past exam questions to familiarize yourself with the question style and time management 4) Develop problem-solving and critical-thinking skills. 5) Appear for a minimum of 2 – 3 mocks on the ACCA Practice Platform to be hands on with the exam syle.

ACCA PM exam has a duration of 3 hours and additional 10 minutes to read exam instructions. It is an Online Exam which consists of multiple choice questions and case studies.

PM is an applied skills level exam while APM is optional professional level exam in the ACCA qualification. PM stands for Performance Management and focuses on performance measurement and management techniques. APM stands for Advanced Performance Management and covers strategic performance management concepts. APM builds upon the knowledge gained in PM, emphasizing strategic planning, risk management, and performance evaluation at an advanced level.

The PM (Performance Management) exam, also known as F5, is not an on-demand paper. Candidates are allowed four exam windows per year to take the exam. The ACCA exams are held in the months of March, June, September, and December annually. This schedule provides candidates with regular chances to attempt and pass the PM exam within the specified examination windows.

The difficulty of ACCA Performance Management (PM) exam can vary from person to person. It requires a solid understanding of concepts and the ability to apply them to real-world scenarios. Some candidates may find it challenging due to its quantitative nature and the need for analytical thinking. However, with proper preparation, practice, and a clear understanding of the syllabus, many students have successfully passed the exam. The global pass rates for this paper are usually between 35 – 40%

The difficulty of ACCA Performance Management (PM) exam can vary from person to person. It requires a solid understanding of concepts and the ability to apply them to real-world scenarios. Some candidates may find it challenging due to its quantitative nature and the need for analytical thinking. However, with proper preparation, practice, and a clear understanding of the syllabus, many students have successfully passed the exam. The global pass rates for this paper are usually between 35 – 40%

The ACCA PM exam is structured into three sections. Section A consists of 15 multiple-choice questions, each worth 2 marks, totaling 30 marks. Section B includes three case studies with 5 multiple-choice questions each, also worth 2 marks, adding up to 30 marks. Lastly, Section C features two detailed case studies, with each case study carrying 20 marks, making a total of 40 marks. The exam duration is 3 hours.

In ACCA, MA stands for management accounting, and PM stands for performance management. MA is a paper at the Knowledge Level, whereas PM is an advanced paper at the Applied Skills Level. Both papers cover topics such as cost classification, budgeting, variance analysis, performance measurement, and strategic management accounting. MA provides foundational knowledge, while PM focuses on enhancing analytical capabilities.

The difficulty of ACCA Performance Management (PM) exam can vary from person to person. It requires a solid understanding of concepts and the ability to apply them to real-world scenarios. Some candidates may find it challenging due to its quantitative nature and the need for analytical thinking. However, with proper preparation, practice, and a clear understanding of the syllabus, many students have successfully passed the exam.

Understanding ACCA Performance Management (ACCA PM ) at Synthesis Learning

The ACCA performance management is an essential part of ACCA qualification. ACCA PM focuses on building advanced management accounting skills necessary for a student who wants to pursue a career in accounting and finance. The syllabus of performance management fundamentally teaches us the science of arriving at the most accurate cost and selling price of any product/ service. At Synthesis Learning, we are dedicated to helping you achieve your ACCA qualification. With guidance from expert tutors and industry experts, we will prepare you to succeed in management accounting roles. 

What is Performance Management?

Performance Management (PM) is a core component of business management that concerns the supervision of people, groups, and organizations in achieving strategic management plans and targets. Performance management in the ACCA course includes planning, monitoring, evaluating, rewarding, and revising to ensure optimum levels of accomplishment of intended objectives.

ACCA PM Overview

ACCA PM is one of the essential subjects in the ACCA qualification. It prepares students to understand and enhance business performance. The ACCA PM syllabus entails costing, budgeting, performance measurement, and control, which makes students capable of practising management accounting and financial management.

Exam Format and Duration

Duration:

The total time for writing the ACCA PM exam is three hours. It is essential to complete the paper on time. Effective time management is the key to success! 

Exam Format:

Section A

Section A comprises 15 objective test (OT) questions. Every question is worth two marks, making the overall mark for this section thirty. These questions are designed in such a way that they assess students’ basic concepts among the candidates.

Section B

Section B has three questions worth 10 marks each, which are comprised of five OTs worth two marks each

Section C

Section C contains two 20-mark constructed response (CR) questions, a mix of computational and narrative questions. Candidates will be expected to demonstrate knowledge and understanding of the techniques they are using and the implications of their calculations.

ACCA PM Syllabus Overview

The ACCA PM syllabus covers key topics for understanding and applying management accounting in real-world scenarios. Here’s a breakdown:

Management information systems and data analytics

  • Management information systems
  • Uses and control of information
  • Big data and data analytics

Specialist cost and management accounting techniques

  • Activity-based costing
  • Target costing
  • Life-cycle costing
  • Throughput accounting
  • Accounting for environmental and sustainability factors

Decision-making techniques

  • Relevant cost analysis
  • Cost volume profit analysis (CVP)
  • Limiting factors
  • Pricing decisions
  • Make-or-buy and other short-termdecisions
  • Dealing with risk and uncertainty in decision-making

Budgeting and control

  • Budgetary systems and types of budget
  • Analytical techniques in budgeting andforecasting
  • Standard costing
  • Material mix and yield variances
  • Sales mix and quantity variances
  • Planning and operational variances
  • Performance analysis

Performance measurement and control

  • Performance analysis in private sector, public sector and not-for-profit organisations
  • Divisional performance and transfer pricing
  • Specific performance analysis issues in not-for-profit organisations and the public sector

Employability and technology skills

  • Use computer technology to efficiently access and manipulate relevant information.
  • Work on relevant response options, using available functions and technology, as would be required in the workplace.
  • Navigate windows and computer screens to create and amend responses to exam requirements, using the appropriate tools.
  • Present data and information effectively, using the appropriate tools.

ACCA PM Exam Preparation

At Synthesis Learning, we provide specialized ACCA coaching to help students excel in their ACCA PM  exams. Our dedicated and highly qualified faculty brings professional experience to the classes and mentor students. Our students have achieved AIR 1 rank and World Rank 1 in ACCA exams, demonstrating our commitment to excellence in ACCA Performance Management preparation.

ACCA Exemption Calculator: Check Your Eligibility

A unique advantage of pursuing the ACCA qualification is the possibility of exemptions based on your prior learning and qualifications. The ACCA Exemption Calculator is one of the most useful tools for anyone undertaking the ACCA program. Using the calculator, you can know which ACCA exams you may be exempted from, hence being in a better position to plan the best way to tackle the course/program.

Visit the Exemption Calculator Page:

Access the ACCA Exemption Calculator on our website.

Input Your Details:

Fill out information about your education and work experience.

Get Your Results:

The calculator will list potential exemptions, helping you understand which exams you can skip and which ones you must prepare for.

Comprehensive Study Guide For ACCA Performance Management

Read on to learn more about the study guide from Synthesis Learning:

Detailed Notes for ACCA Performance Management (PM): 

Synthesis Learning’s ACCA coaching offers all essential ACCA Performance Management exam study resources. These notes contain all the fundamental ideas, theoretical models, and rules about the PM examination curriculum to enhance understanding and memorization of the subject matter.

Practice Questions For ACCA PM:

To elaborate, our ACCA Performance Management notes contain various practice questions that include different areas of knowledge taught in class and incorporated in the notes. All these questions are formatted in a manner that closely resembles the actual ACCA PM examination so that candidates clearly understand the format and style of questions.

Mock Exams For ACCA PM:

Synthesis Learning provides mock exams that simulate the exam environment to evaluate your understanding of the concepts that will be tested on the ACCA Performance Management exam. These time-bound mock tests are designed in the same format as the actual exams, so you will have ample practice and know the areas that require more practice.

Synthesis Learning: Your Partner To Ace ACCA FM Exams

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Tried, Tested, & Trusted by the Best – Our 4-Step proven methodology – Counselling, Coaching, Mentoring & Placement, always does the trick.

Conclusion

Visit our YouTube channel to see how we help students prepare for the ACCA Performance Management (PM) exam. ACCA PM teaches essential skills for managing performance in business. We’re dedicated to giving you the best coaching to succeed in your ACCA career. Contact our admission team for more information.

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