Learning Options

  • Live Interactive Sessions
  • Dedicated 1-to-1 Tutor Support (30-min Weekly)
  • Expert Trainers with Industry Experience
  • Flexible Schedule
  • Networking Opportunities
  • High Pass Rates
  • 24/7 Personalised Support
  • Online Video-Based Learning
  • Flexible Schedule
  • Expert Trainers with Industry Experience
  • High Pass Rates
  • 24/7 Personalised Support
  • Interactive Learning Materials

Overview

The Performance Management (PM) Course focuses on equipping learners with advanced tools and techniques to manage and measure performance effectively. It is designed to provide insights into cost management, performance evaluation, and decision-making processes that drive business success. 

Learners will gain a deep understanding of budgeting, variance analysis, and cost accounting techniques, enabling them to interpret financial and non-financial data. This course emphasises practical applications, preparing learners to handle real-world challenges in improving operational efficiency and achieving strategic goals. 

A critical component of the ACCA Qualification framework, the PM Course lays the foundation for advanced management accounting roles. It builds learners' expertise in performance measurement and control, contributing to strategic planning and decision-making processes across various industries. 

 

Course Objectives 

 

  • Understand the principles and techniques of performance management in organisational contexts 

  • Develop expertise in budgeting, forecasting, and variance analysis 

  • Gain advanced skills in cost accounting and management techniques 

  • Learn to evaluate performance using key financial and non-financial metrics 

  • Enhance decision-making abilities through quantitative and qualitative analysis 

  • Understand the role of performance measurement in achieving strategic objectives 

  • Apply ethical and professional standards in performance management practices 

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Average completion time

1 Month
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Blended Learning

Study At Your Own Pace

Course Includes

  • Expert-led Sessions
  • Digital Delegate Pack
  • 24/7 Tutor Support
  • Downloadable Resources & Challenges
  • Interactive Learning
  • Exercise Files
  • Scenario-Based Learning

Course Details

Develop your understanding of essential financial, business and management accounting techniques with ACCA Applied Knowledge. You'll learn basic business and management principles and the skills required of an accountant working in business.

Entry Requirements

    • Educational Background: A foundational understanding of management accounting is recommended. Completion of prior ACCA modules, such as Management Accounting (MA), is beneficial. 

    • Language Proficiency: Learners should have a good command of English, as the course content and assessments are conducted in English. 

    • Interest in Finance and Business Strategy: Ideal for individuals looking to enhance their expertise in performance management and contribute to strategic decision-making. 

Learning Outcomes

    • Budgeting Mastery- Master advanced budgeting and variance analysis techniques for performance evaluation. 

    • Cost Management- Develop proficiency in cost management and strategic decision-making processes. 

    • Performance Measurement - Understand and apply performance measurement frameworks and key performance indicators (KPIs). 

    • Decision Tools - Gain expertise in decision-making tools, such as cost-volume-profit analysis and risk assessment. 

Target Audience

    The Performance Management (PM) Course is perfect for individuals seeking advanced knowledge in management accounting and performance evaluation. It is suitable for: 

    • Aspiring Management Accountants 

    • Finance Managers 

    • Business Analysts 

    • Cost Controllers 

    • Budgeting and Performance Specialists

Course content

    Management Information Systems and Data Analytics

    • Understanding the role and control of information systems in organisations.
    • Exploring the use of big data and data analytics in performance management.
       

    Specialist Cost and Management Accounting Techniques 

    • Activity-Based Costing (ABC)
    • Target Costing
    • Life-Cycle Costing
    • Throughput Accounting
    • Accounting for Environmental and Sustainability Factors
       

    Decision-Making Techniques

    • Relevant Cost Analysis
    • Cost-Volume-Profit (CVP) Analysis
    • Limiting Factors
    • Pricing Decisions
    • Make-or-Buy and Other Short-Term Decisions
    • Dealing with Risk and Uncertainty in Decision-Making
       

    Budgeting and Control

    • Budgetary Systems and Types of Budgets
    • Analytical Techniques in Budgeting and Forecasting
    • Standard Costing and Variance Analysis
    • Performance Analysis
       

    Performance Measurement and Control

    • Performance Analysis in Private, Public, and Not-for-Profit Organisations
    • Divisional Performance and Transfer Pricing
    • Specific Performance Analysis Issues in Not-for-Profit Organisations and the Public Sector
       

    Employability and Technology Skills

    • Utilising computer technology to access and manipulate information efficiently.
    • Presenting data and information effectively using appropriate tools.

MPES Support That Helps You Succeed

At MPES, we offer comprehensive support to help you succeed in your studies. With expert guidance and valuable resources, we help you stay on track throughout your course.

  • MPES Learning offers dedicated support to help you succeed in Accounting and Finance courses.
  • Get expert guidance from tutors available online to assist with your studies.
  • Check your eligibility for exemptions with the relevant professional body before starting.
  • Our supportive team is here to offer study advice and support throughout your course.
  • Access a range of materials to help enhance your learning experience. These resources include practice exercises and additional reading to support your progress.

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Have Questions? We’ve Got You

If you have any questions, we’re here to help. Find the answers you need in the MPES detailed FAQ section.

Q. What topics are covered in the Performance Management Course?

The course includes cost and management accounting, performance measurement, budgeting, variance analysis, risk management, and decision-making techniques.

Q. How is the course assessed?

The assessment consists of a computer-based examination, which includes objective test questions and longer scenario-based questions.

Q. What resources are provided during the course?

Learners receive study materials, access to practice exams, detailed guidance on key topics, and support from expert tutors.

Q. Who should take this course?

This course is ideal for students pursuing the ACCA qualification or professionals looking to enhance their performance management skills for strategic roles.

Q. How does this course benefit my career?

It prepares you for roles like management accountant, financial analyst, and business consultant by strengthening your ability to manage organisational performance effectively.

Q. What topics are covered in the Performance Management (PM) Course?

The course covers budgeting, variance analysis, cost management, performance measurement frameworks, and decision-making tools essential for strategic management. 

Q. What skills will I gain from this course?

Gain advanced skills in budgeting, variance analysis, and cost management. Master performance measurement techniques, decision-making tools, and risk analysis. Enhance your ability to evaluate organisational efficiency and support strategic decision-making. 

Q. What career opportunities does the course prepare learners for?

Completing the PM Course equips learners for roles such as management accountant, performance analyst, cost controller, or finance manager. It also provides a pathway for further ACCA studies. 

Q. What learning materials are provided during the course?

Learners receive comprehensive study materials, practice exams, access to e-learning resources, and performance management guides. 

Q. How does this course fit into the broader ACCA Qualification framework?

The PM Course is part of the ACCA qualification and builds on prior modules to provide a foundation for advanced performance management and strategic roles within finance. 

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Resources

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Course Schedule

Course Schedule