ACCA PM First Class | Why Some Businesses Fail? | Performance Management Explained
Автор: Prakash Saraf ™
Загружено: 2026-03-08
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ACCA Performance Management (PM) First Class – Learn PM concepts using practical business examples.
Welcome to the first class of ACCA Performance Management (PM) – Skill Level.
In this session, we introduce the fundamentals of Performance Management using practical business examples. Students learn how management accountants help businesses make better decisions through tools such as contribution analysis, budgeting, variance analysis, and performance measurement.
In this class we discuss:
• Why some businesses succeed while others fail
• Contribution and cost behavior explained with real examples
• Introduction to limiting factors and decision making
• How businesses measure and improve performance
• Overview of the ACCA PM syllabus and learning approach
This class is part of the 69th ACCA PM LIVE batch at Saraf Academy.
Professor Prakash Saraf has over 30 plus years of teaching experience and has trained 250,000+ students across 30+ countries in international professional courses including ACCA, CIMA, CMA US, CPA US, Dip IFRS, CSCA and FMAA.
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Welcome to the first class of ACCA Performance Management (PM).
In this session I explain how businesses make decisions using simple real-world examples like coffee shops, restaurants and product profitability.
Many students think PM is difficult, but once you understand the logic of contribution, budgeting and performance measurement, the subject becomes very interesting.
If you are preparing for ACCA PM, comment below and let me know:
➡ Which country you are studying from
➡ Which ACCA paper you are preparing next
I personally read your comments and will try to answer as many as possible.
Wishing you all the very best for your ACCA journey.
– Prakash Saraf
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