This course will equip students with knowledge and skills they need to devise and execute plans of action for the control and management of performance in an organisation. Moreover, this course will introduce students to key issues and applied methodologies related to strategic management accounting such as performance management, information management, and financial risk assessment. Topics to be covered include performance management and control of the organization, the impact of risk and uncertainty on performance management, performance management information systems, strategic performance measures, and strategic performance issues in complex business structures.
On successful completion of this course students will be able to:
Advanced Performance Management is a key paper in the ACCA syllabus as it enables students to explore the strategic role of management accounting in the context of planning and controlling performance so that strategic objectives can be set, monitored and controlled. Additionally, this course seeks to enhance students’ understanding of the importance of performance management by evaluating the myriad of factors that affect performance management such as external factors, information systems and technological developments.
The following topics/concepts/theories will be addressed:
The course will be assessed using coursework and a final examination weighted as follows:
The final 3-hour exam may consist of case analyses, scenario-based questions, and analytical and problem-solving questions.
This course will be delivered through lectures, tutorials, lab sessions, in-class discussions and case discussions.
Junior Scott