ACCA - Professional Level - Advanced Performance Management

Examine how environmental factors shape organizational performance, including ethics in accounting, corporate social responsibility, and regulatory influences such as governance, consumer protection, and government policies.

Analyze risk and uncertainty in performance management using a two-way data table of demand and inflation to compute expected net profit, and apply maximin, minimax, and minimax regret decisions.

Learn how information technology and ERP transform internal and external data into management information systems, including transaction processing, executive information, and decision support, with emphasis on data accuracy and timeliness.

Learn how management information systems integrate internal and external data to support top management decisions through transaction processing systems, decision support systems, and expert systems within ERP environments.

Explore how local area networks connect computer systems across a business, enabling data sharing and department communication to support performance management, while considering internet advantages and confidentiality.

Explore how artificial intelligence, machine learning, and big data transform accounting through automation, predictive models, and data analytics, with implications for variance analysis and decision making.

Compare return on investment, and return on capital employed, highlighting aging assets and intangibles, with residual income using imputed interest and cost of capital; introduce economic value added.

Explore project appraisal in advanced performance management: compute ROI, residual income, NPV, and depreciation using straight-line and annuity methods under varying cost of capital and best and worst outcomes.

Learn how economic value added differs from residual income by adjusting operating profit for cost of capital, using economic depreciation, and capitalizing long-term expenditures to reveal true value creation.

Explore value based management and its focus on shareholder value by identifying value drivers, optimizing operating margin, and aligning performance metrics and balance scorecards.