F5 PERFORMANCE MANAGEMENT

　　A new format has been introduced for ACCA F5 for the September 2016 sitting.

　　Section A (30%)

　　Objective Test Questions

　　15 questions worth 2 marks each. This will examine all areas of the syllabus.

　　Section B (30%)

　　Objective Test Cases

　　3 case questions which each include a scenario with 5 sub requirements worth 2 marks each. Each requirement will be independent and can therefore be answered in any order.

　　This will examine all area of the syllabus.

　　Section C (40%)

　　Constructed Response Qus

　　2 questions worth 20 marks each – these can be further broken down into multiple parts of varying lengthThis will examine syllabus areas B-D only.

　　As any syllabus area could be tested in sections A&B the best advice is to study all areas of the syllabus.

　　Section C

　　Areas expected to be tested in Section C include (but are not limited to) planning and operational variances, mix and yield variances and evaluation of the company performance (either as a whole, or on a divisional basis).

　　F5 has the following syllabus areas:

　　A. Specialist cost and management accounting techniques.

　　B. Decision making techniques.

　　C. Budgeting and control.

　　D. Performance measurement and control.

　　General advice

　　There is no longer any formal reading and planning time at the start of the exam. However, you are strongly advised to plan answers to section C questions before starting to write.

　　The examiner has repeatedly stated that she expects students to study broadly for all of the syllabus areas meaning that question spotting is not a good idea, instead students should expect the unexpected. Since the introduction of section A questions this advice is even more critical because more topics can be tested.