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ACCA – Performance Management (PM)

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


This subject helps you develop knowledge and skills in the application of management accounting techniques to quantitative and qualitative information for planning, decision making, performance evaluation, and control.

The syllabus begins by focusing on the information needs, technologies and systems required by organisations to manage and measure performance in the modern, competitive environment. It is vital for an accountant to understand how information systems and developments in technology influence the management accounting techniques employed and how vital information systems are in the mechanisms of managing and controlling an organisation.

The syllabus then introduces more specialised costing and management accounting topics. There is some knowledge assumed from Management Accounting (MA) – primarily overhead treatments. The objective here is to ensure candidates have a broader background in management accounting techniques.

The syllabus then considers decision-making. Candidates need to appreciate the problems surrounding scarce resources, pricing and make-or-buy decisions, and how this relates to the assessment of performance. Risk and uncertainty are a factor of real-life decisions and candidates need to understand risk and be able to apply some basic methods to help resolve the risks inherent in decision-making.

Budgeting is an important aspect of many accountants’ lives. The syllabus explores different budgeting techniques, including quantitative techniques, and the problems inherent in them. The behavioural aspects of budgeting are important for accountants to understand, and the syllabus includes consideration of the way individuals react to a budget. The preparation of fixed, flexible and incremental budgets is assumed knowledge from Management Accounting (MA).

Standard costing and variances are then built on. All the variances examined in Management Accounting (MA) are assumed knowledge in Performance Management (PM). Mix and yield variances and planning and operational variances are explored here, and the link is made to performance management. It is important for accountants to be able to interpret the numbers that they calculate and discuss what they mean in the context of performance. The syllabus concludes with performance measurement and control. This is a major area of the syllabus.

Learning Outcomes 

On successful completion of this subject, you should be able to:
  • Identify and discuss the information, systems and developments in technology required for organisations to manage and measure performance.
  • Explain and apply cost accounting techniques.
  • Select and appropriately apply decision-making techniques to facilitate business decisions and promote efficient and effective use of scarce business resources, appreciating the risks and uncertainty inherent in business and controlling those risks.
  • Identify and apply appropriate budgeting techniques and methods for planning and control and use standard costing systems to measure and control business performance and to identify remedial action.
  • Assess the performance of an organisation from both a financial and non-financial viewpoint, appreciating the problems of controlling divisionalised businesses and the importance of allowing for external aspects.
  • Demonstrate required employability and technology skills

Note: The Performance Management (PM) exam is part of the Applied Knowledge Level of the ACCA qualification. If you are graduated with a degree accredited by ACCA you are exempt from this subject.


Registration and Access

Once you complete an online purchase you will receive confirmation of account activation. Please allow 48 hours to get access to all the modules and for your eLearning account to be set up.

If you wish to receive an invoice instead of paying online, please contact us at info@lgca.uk. Access to the course is valid for 180 days.

Course Access Duration

Enjoy 6 months of unlimited access to all course materials, including videos, assignments, and resources. This period is designed to provide ample time for you to fully engage with and complete the course at your own pace.

Extension Options

Need more time? Extend your access with:

  • 3-Month Extension: £50 + VAT
  • 6-Month Extension: £90 + VAT

To arrange an extension, contact us at info@lgca.uk. Our support team is here to help.


Upon the successful completion of the subject Performance Management (PM), you can advance to the next subject of the ACCA Applied Skills Level or If you have already completed other subjects, can proceed to the next Level.


  • Information, technologies and systems for organisational performance
  • Specialist cost and management accounting techniques
  • Decision-making techniques
  • Budgeting and control
  • Performance measurement and control
  • Employability and technology skills 
  • Study planner and guidance
  • Access to AccountingWise Learn
  • Comprehensive pre-recorded lectures
  • Extensive question practice (including mock exams and feedback)
  • Tutor support via phone or email

The ACCA qualification is ideal for people who want a career in finance and business.

Format: Computer Based

Availability: March, June, September, and December

Pass: A score of 50%

Length: 3 hours

Questions: The exam consists of three sections:. Section A of the exam comprises 15 objective test questions of 2 marks each. Section B of the exam comprises of three case style questions. These each contain five objective test questions of two marks each which are based around a common scenario. Section C of the exam comprises two 20 mark constructed response questions. The two 20 – mark questions will come from the decision-making techniques, budgeting, and control and/or performance measurement and control areas of the syllabus. These questions may also include requirements related to the information systems area of the syllabus. The section A questions and the questions in section B can cover any areas of the syllabus.

Please Note: Official Exam is not provided; it should be purchased separately.

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