Download ACCA P5 Advanced Performance Management: Study Text by BPP Learning Media PDF

By BPP Learning Media

BPP studying Media's prestige as respectable ACCA licensed studying supplier - content material skill our ACCA learn Texts and perform & Revision Kits are reviewed via the ACCA interpreting workforce. BPP studying Media items give you the examination focussed fabric you wish for examination luck.

Show description

Read or Download ACCA P5 Advanced Performance Management: Study Text PDF

Similar accounting books

An Economic Analysis of Bilateral Investment Treaties

Bilateral funding Treaties (BITs) are a tremendous tool for the safety of international direct funding (FDI). despite the fact that, in comparison to foreign exchange legislations, foreign funding legislations has thus far bought in simple terms little learn cognizance from an monetary viewpoint. by means of utilizing a legislation and economics procedure, Jan Peter Sasse offers a scientific research of ways BITs functionality.

Business Analysis and Valuation, Text and Cases

Monetary statements are the root for a variety of enterprise research. Managers, securities analysts, bankers, and experts all use them to make enterprise judgements. there's robust call for between company scholars for direction fabrics that offer a framework for utilizing financial plan information in a number of enterprise research and valuation contexts.

SAP foreign currency revaluation : FAS 52 and GAAP requirements

''SAP foreign currencies Revaluation-regulations, its impression, and what it takes to enforce it in SAP-is a unmarried instruction manual that simplifies a posh and daunting activity of foreign money valuation for SAP and different ERP implementers. A must-read! '' -Kalpesh Khandhadia, SAP advisor, Linksoft-IT Inc. ''Following the method awarded during this booklet, we eradicated the hours we spent every month manually reviewing and adjusting our international forex monetary statements.

Extra info for ACCA P5 Advanced Performance Management: Study Text

Example text

Historical costs are not necessarily the best guide to decision making. However, management accounting information is often criticised for focusing on the past rather than the future. (b) Strategic issues are not easily detected by management accounting systems. (c) Financial models of some sophistication are needed to enable management accountants to provide useful information. 4 What is strategic management accounting? The aim of strategic management accounting is to provide information that is relevant to the process of strategic planning and control.

Com One important issue the Board discussed was 'the strategic planning of worldwide production capacities'. In addition to the expansion of existing plans within Germany, BMW's Board of Management presented plans for future production facilities in other locations. The Supervisory Board agreed that it supported the Board of Management in its endeavours to exploit growth opportunities in specific regions, while at the same time maintaining a well-balanced distribution of sales and value added across the world's markets.

Key terms Strategic planning. The process of deciding on objectives of the organisation, on changes in these objectives, on the resources used to attain these objectives, and on the strategies that are to govern the acquisition, use and disposition of these resources. co m Management control. The process by which managers assure that resources are obtained and used effectively and efficiently in the accomplishment of the organisation's objectives. It is sometimes called tactics or tactical planning.

Download PDF sample

Rated 4.53 of 5 – based on 38 votes