ACCA - F5 Performance Management: ACCA-F5-KN (Ed. 3, Version 1)
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The detailed syllabus includes: specialist cost and management accounting techniques - activity-based costing, target costing, life-cycle costing, throughput accounting and environmental accounting; decision-making techniques - relevant cost analysis, cost-volume-profit CVP analysis, multi-limiting factors and the use of linear programming and shadow pricing, pricing decisions, make-or-buy and other short-term decisions, and dealing with risk and uncertainty in decision-making; and, budgeting - objectives, budgetary systems, types of budget, quantitative analysis in budgeting, and behavioral aspects of budgeting. It also includes: standard costing and variances analysis - budgeting and standard costing, basic variances and operating statements, material mix and yield variances, planning and operational variances, sales mix and quantity variances, and behavioral aspects of standard costing; and, performance measurement and control - the scope of performance measurement, divisional performance and transfer pricing, performance analysis in not-for-profit organizations and the public sector, and external considerations and behavioral aspects.