P5 ACCA Exam Tips for June 2010 - ACCA Global Accountancy Discussion Forums

acca · 05-06-2010, 09:35 PM

P5 Advanced Performance Management
June 2010 ACCA Exam Tips

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Scope of strategic performance measures in the private sector. Analysis of financial and non-financial performance; this could include the use of activity-based approaches or learning curves, and strategies to improve performance.
Divisional performance and transfer pricing issues. ROI, RI , EVA or even ABC could feature here; transfer pricing could feature as an aspect of these questions.
Problems with budgeting. Budgeting has been a favourite essay question with your examiner, especially an awareness of the problems of budgeting but was largely unexamined in 2009.
Alternative views of performance measurement. The examiner often includes a question to evaluate an organisation against an established theoretical model. The balanced scorecard, performance pyramid and building blocks have all appeared in previous exams.
Performance hierarchy. Linking strategic decisions to mission statements or suggesting strategic options using models such as Ansoff’s matrix or the BCG matrix lend themselves to questions containing a mixture of financial and discursive elements that could easily include a simple NPV or profit analysis.

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Use the above ACCA EXAM Tips as important areas to cover but remember that no one knows what can come in your P5 June 2010 ACCA Exams, apart from Shane Johnson (P5 examiner for June 2010 Exams). Your safest bet is to achieve good syllabus coverage in your revision, as your examiner aims to do in P5 Advanced Performance Management Exam.