The Performance Management (PM) syllabus builds upon the knowledge gained in Management Accounting (MA) and aims to evaluate candidates’ understanding of how to manage the performance of a business and ensures they have a broader background in management accounting techniques.
Explain and apply cost accounting techniques
Select and apply decision-making techniques to facilitate the efficient use of resources, and controlling inherent business risks
Identify and apply budgeting techniques, planning & controlling methods
Utilize standard costing systems to measure and control business performance and identify remedial action
Identify and discuss performance management information and measurement systems
Analyze the performance of an organization from both a financial and non- financial viewpoint
Grasp the problems of controlling divisionalized businesses and the importance of external aspects