ACCA paper p5 exaniners articles

　　On this page are listed articles written by the examiner for ACCA Paper F5 – Advanced Performance Management. All are worth reading carefully in preparation for the examination.

　　You can access relevant ACCA the articles directly from this page.

　　Environmental Management Accounting (June 2004)

　　Just-in-time operations and Backflush Accounting (May 2004)

　　Management Control – a pre-requisite for survival (October 2004)

　　Contingency Theory:

　　There is no universal management accounting system appropriate to all companies.

　　The management accounting system needs to be designed specifically for the needs of

　　the company, taking into account: Environment; Technology; Size; Strategy; and, Culture.

　　Good Practice Question

　　Question 3 from ACCA Paper 3.3 December 2004 and Answer here

　　Beyond Budgeting (March 2005)

　　Budgeting takes up valuable management time, but budgets are rarely “accurate” and

　　serve to restrict managements ability to take advantage of situations as they arise.

　　‘Beyond Budgeting’ essentially involves measuring managers’ performance against other managers and/or against the performance of other similar businesses.

　　Good Practice Questions:

　　Question 5 from Pilot Paper

　　Question 3 from Paper 3.3 June 2005 and Answer here

　　The Pyramids and Pitfalls of Performance Measurement (September 2005)

　　Good Practice Questions:

　　Question 2 from Pilot Paper

　　Question 5 from Paper 3.3 December 2005 and Answer here

　　Business Strategy and Performance Models (April 2006)

　　Porter’s Five Forces Model

　　Boston Consulting Group Matrix

　　Ansoff’s Product-Market matrix

　　Economic Value Added (October 2007)

　　Asked in December 2007 exam (so very unlikely in June 2008!)