Cascading Concept

These somehow remind me of the "cascading"or "waterfall" concept used by Mr Arshad Adam during lecture session on the topic of Strategic Planning. 


Thought of the day: Step by step, so easy.

Illustration : Do You Know Where You Are Going?

Alice: Would you tell me, please, which way I ought to go from here?The Cat: That depends a good deal on where you want to get to
Alice: I don't much care where.
The Cat: Then it doesn't much matter which way you go.
Alice: …so long as I get somewhere.
The Cat: Oh, you're sure to do that, if only you walk long enough.

--Alice and the Cat: Quotes: Alice in Wonderland

I hope you will live a purpose driven life. 

Introduction: What ACCA P5 Is All About

1. A strategic paper testing understanding and judgement
2. Calculating appropriate numbers and interpreting them
3. Demonstrating how numbers can aid the running of a business
4. Calculating figures to support decision making

AIM

To apply relevant knowledge, skills and exercise professional judgement in selecting and applying strategic management accounting techniques in different business contexts and to contribute to the evaluation of the performance of an organisation and its strategic development.

SYLLABUS AREA

• Strategic Planning And Control
• External Influences On Organisational Performance
• Performance Measurement Systems And Design
• Strategic Performance Measurement
• Performance Evaluation And Corporate Failure
• Current Developments And Emerging Issues In Management Accounting And Performance Management

MAIN CAPABILITIES

On successful completion of this paper, candidates should be able to:

• Use strategic planning and control models to plan and monitor organisational performance
• Assess and identify relevant macro economic, fiscal and market factors and key external influences on organisational performance
• Identify and evaluate the design features of effective performance management information and monitoring systems
• Apply appropriate strategic performance measurement techniques in evaluating and improving organisational performance
• Advise clients and senior management on strategic business performance evaluation and on recognising vulnerability to corporate failure Identify and assess the impact of current developments in management accounting and performance management on measuring, evaluating and improving organisational performance.

EXAMINATION STRUCTURE

The examination will be a three hour paper in two sections:

• Section A: Section A will comprise two compulsory questions comprising between 50 and 70 marks in total. Each question will comprise of between 25 and 40 marks
• Section B: In section B candidates will be asked to answer two from three questions comprising of between 15 and 25 marks each
• Total 100 marks

View ACCA P5 Year 2012 Study Guide