ACCA Performance Management (F5)
What is ACCA?
ACCA stands for the Association of Chartered Certified Accountants a leading international accountancy
body. The ACCA qualification is recognised and is treated in other countries as being equivalent to their
local qualification. The ACCA qualification proves to employers that you have ability in all aspects of
business. It is the largest and fastest growing qualification in the world, with over 500,000 members and
students in 170 countries.
Performance management (F5) is a set of activities that ensure goals are met in an effective and
efficient manner. Performance management focus on the performance of an organization, a department an
employee, or the processes in place to manage particular tasks. Performance management standards are
generally organized and disseminated by senior leadership at an organization, and by task owners.
Performance management for business is defined as a strategic and integrated approach to increase the
effectiveness of companies by improving the performance of the people who work in them and by
developing the capabilities of teams and individual contributors.