TARC ACCA 2005: exam guidance from BPP ~ paper 3.3

~~~~~~~~~~~~~~~Motivation Quote~~~~~~~~~~~~~~~~ ~~~~~~~~~~Sometimes it takes a lot of rain before you get your rainbow!!!!!~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~Just FOcus On The Key Topics That You Know And Ignore What You Don't!!!!!!~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~The glory is not in never failing but in rising again everytime you fall!!!!!~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~YOU MAKE THE FAILURE COMPLETE WHEN YOU STOP TRYING!!!!!!~~~~~~~~~~~~~~~~~~~~~~~~~~~

Sunday, October 30, 2005

exam guidance from BPP ~ paper 3.3

ACCA Paper 3.3 Performance Management
December 2005

General: The exam is often time pressured and careful planning is required to ensure marks are maximised in time allowed. The examiner has examined some of the key topic areas in a very practical way but this has often looked unusually challenging on first read through.

Section A

To date the large question in this section has contained some elements of budgeting (short term planning). This will be heavily numerical with a small written element.
55 Fork Lift Trucks, 61 Privmed, 62 Motor Breakdown Services

The shorter question has often tackled some element of performance measurement with the majority of the marks being for numerical analysis.
45 Eatwell Restaurant, 41 Management Accounting and the Public Sector

Section B

There is usually a high discursive element in this section with 2 questions being wholly or almost wholly discursive. If it has not made an appearance in Section A performance measurement will make an appearance here.

Many of the modern management and management accounting techniques have been examined here;
12 Costs and Quality, 54 Activity Based Budgeting

Numerical topics do still appear in this area, topics that have not appeared for a little while include transfer pricing (which can also include qualitative issues) and uncertainty in decision-making.
75 Tannadens Division, 33 UKCOM

Relevant Articles

The examiner has often used his most recent article to set a question. Look out for any articles in the second half of the year.