Advanced Performance Management (P5) This is a …

1 Advanced Performance Syllabus rationale Management (P5) This is a narrative explaining how the syllabus is structured and how the main capabilities are linked. September 2017 to June The rationale also explains in further detail what the examination intends to assess and why. 2018. Detailed syllabus This syllabus and study guide is designed to help with planning study and to provide detailed This shows the breakdown of the main capabilities information on what could be assessed in (sections) of the syllabus into subject areas. This is any examination session. the blueprint for the detailed study guide. THE STRUCTURE OF THE SYLLABUS AND Approach to examining the syllabus study GUIDE. This section briefly explains the structure of the Relational diagram of paper with other papers examination and how it is assessed.

2 This diagram shows direct and indirect links study Guide between this paper and other papers preceding or following it. Some papers are directly underpinned This is the main document that students, learning by other papers such as Advanced Performance and content providers should use as the basis of Management by Performance Management . These their studies, instruction and materials. links are shown as solid line arrows. Other papers Examinations will be based on the detail of the only have indirect relationships with each other study guide which comprehensively identifies what such as links existing between the accounting and could be assessed in any examination session. auditing papers. The links between these are shown The study guide is a precise reflection and as dotted line arrows.

3 This diagram indicates where breakdown of the syllabus. It is divided into sections you are expected to have underpinning knowledge based on the main capabilities identified in the and where it would be useful to review previous syllabus. These sections are divided into subject learning before undertaking study . areas which relate to the sub-capabilities included in the detailed syllabus. Subject areas are broken Overall aim of the syllabus down into sub-headings which describe the detailed outcomes that could be assessed in examinations. This explains briefly the overall objective of the These outcomes are described using verbs paper and indicates in the broadest sense the indicating what exams may require students to capabilities to be developed within the paper. demonstrate, and the broad intellectual level at which these may need to be demonstrated Main capabilities (*see intellectual levels below).

4 This paper's aim is broken down into several main Learning Materials capabilities which divide the syllabus and study guide into discrete sections. ACCA's Approved Content Programme is the programme through which ACCA approves Relational diagram of the main capabilities learning materials from high quality content providers designed to support study towards ACCA's This diagram illustrates the flows and links between qualifications. the main capabilities (sections) of the syllabus and should be used as an aid to planning teaching and ACCA has three Approved Content Providers, Becker learning in a structured way. Professional Education, BPP Learning Media and Kaplan Publishing. 1. ACCA 2017-2018 All rights reserved. For information about ACCA's progresses through each module and level.

5 This Approved Content Providers please go to reflects that at each stage of study there will be a ACCA's Content Provider Directory. requirement to broaden, as well as deepen capabilities. It is also possible that occasionally The Directory also lists materials by other some higher level capabilities may be assessed at publishers, these materials have not been quality lower levels. assured by ACCA but may be helpful if used in conjunction with approved learning materials or for LEARNING HOURS AND EDUCATION. variant exams where no approved content is RECOGNITION. available. You will also find details of Additional Reading suggested by the examining teams and this The ACCA qualification does not prescribe or may be a useful supplement to approved learning recommend any particular number of learning hours materials.

6 For examinations because study and learning patterns and styles vary greatly between people and ACCA's Content Provider Directory can be found organisations. This also recognises the wide here diversity of personal, professional and educational H circumstances in which ACCA students find qual-student-journey/ study -revision/lear ning- themselves. As a member of the International Federation of Relevant articles are also published in Student Accountants, ACCA seeks to enhance the education Accountant and available on the ACCA website. recognition of its qualification on both national and international education frameworks, and with INTELLECTUAL LEVELS educational authorities and partners globally. In doing so, ACCA aims to ensure that its qualifications The syllabus is designed to progressively broaden are recognized and valued by governments, and deepen the knowledge, skills and professional regulatory authorities and employers across all values demonstrated by the student on their way sectors.

7 To this end, ACCA qualifications are through the qualification. currently recognized on the education frameworks in several countries. Please refer to your national The specific capabilities within the detailed education framework regulator for further syllabuses and study guides are assessed at one of information. three intellectual or cognitive levels: Each syllabus contains between 22 and 35 main Level 1: Knowledge and comprehension subject area headings depending on the nature of Level 2: Application and analysis the subject and how these areas have been broken Level 3: Synthesis and evaluation down. Very broadly, these intellectual levels relate to the GUIDE TO EXAM STRUCTURE. three cognitive levels at which the Knowledge module, the Skills module and the Professional level The structure of examinations varies within and are assessed.

8 Between modules and levels. Each subject area in the detailed study guide The Fundamentals level examinations contain included in this document is given a 1, 2, or 100% compulsory questions to encourage 3 superscript, denoting intellectual level, marked at candidates to study across the breadth of each the end of each relevant line. This gives an syllabus. indication of the intellectual depth at which an area could be assessed within the examination. However, The Knowledge module is assessed by equivalent while level 1 broadly equates with the Knowledge two-hour paper based and computer based module, level 2 equates to the Skills module and examinations. level 3 to the Professional level, some lower level skills can continue to be assessed as the student 2. ACCA 2017-2018 All rights reserved.

9 The Corporate and Business Law (F4) paper is a Options papers will offer a choice of two from three two- hour computer based objective test questions, with each question attracting 20 marks. examination which is also available as a paper based version from the December 2014 All Professional level exams contain four examination session. professional marks. The skills module examinations F5-F9 contain a mix The pass mark for all ACCA Qualification of objectives and longer type questions with a examination papers is 50%. duration of three hours for 100 marks.* These are available as computer-based and paper-based exams. In the computer-based exams there may be GUIDE TO EXAMINATION ASSESSMENT. instances where we have extra content for the purposes of ongoing quality assurance and security.

10 ACCA reserves the right to examine anything contained within the study guide at any examination * For paper-based exams there is an extra 15 session. This includes knowledge, techniques, minutes to reflect the manual effort required. principles, theories, and concepts as specified. The Professional level papers are all three-hour For the financial accounting, audit and assurance, paper based examinations, all containing two law and tax papers except where indicated sections. Section A is compulsory, but there will be otherwise, ACCA will publish examinable some choice offered in Section B. documents once a year to indicate exactly what regulations and legislation could potentially be For all three hour examination papers, ACCA has assessed within identified examination introduced 15 minutes reading and planning time.