acca paper f1 accountant in business phần 1 docx

[...]... 2 3 4 x Accounting and finance functions within business Internal and external auditing and their functions Internal financial control and security within business organisations Fraud and fraudulent behaviour and their prevention in business Leading and managing individuals and teams 1 2 3 4 F The history and function of accounting in business Law and regulation governing accounting Financial systems,... partnerships Part A Business organisational structure, governance and management 1a: Business organisation and structure – structure and strategy 5 (f) (g) (h) Size The business may be a small family business or a multinational corporation Sources of finance Business can raise finance by borrowing from banks or government funding or issuing shares Technology Businesses have varying degrees of technology... accounting and other business functions Specific functions of accounting and internal financial control 1 2 3 4 E Political and legal factors Macro-economic factors Social and demographic factors Technological factors Competitive factors History and role of accounting in business 1 2 3 4 D The business organisation and its structure The formal and informal business organisation Organisational culture in business. .. syllabus A Business organisation structure, governance and management 1 2 3 4 5 6 7 8 B Key environmental influences and constraints on business and accounting 1 2 3 4 5 C 5 Introduction Leadership, management and supervision Individual and group behaviour in business organisations Team formation, development and management Motivating individuals and groups Recruiting and developing effective employees 1 2... organisation Organisational culture in business Stakeholders of business organisations Information technology and information systems in business Committees in the business organisation Business ethics and ethical behaviour Governance and social responsibility in business Recruitment and selection, managing diversity, and equal opportunity Techniques for improving personal effectiveness at work and their... Training, development, and learning in the maintenance and improvement of business performance Review and appraisal of individual performance P A R T A Business organisational structure, governance and management 1 2 Business organisation and structure – structure and strategy Topic list 1 Types of organisation 2 Organisational structure 3 Levels of strategy in the organisation Syllabus reference A1... resource (eg coal) into another (eg electricity) Retailing/distribution Delivering goods to the end consumer Intellectual production Producing intellectual property eg software, publishing, films, music etc Service industries These include retailing, distribution, transport, banking, various business services (eg accountancy, advertising) and public services such as education, medicine 1. 5 Profit vs non-profit... and management 1a: Business organisation and structure – structure and strategy 21 Levels of strategy CORPORATE STRATEGY What businesses are we (or want to be) in? How do we enter or exit? BUSINESS STRATEGY BUSINESS STRATEGY BUSINESS STRATEGY Strategies relevant to a particular area Strategic Business Unit (SBU) SBU SBU FUNCTIONAL STRATEGIES R&D Products Processes Design Development Testing OPERATIONS... strategy involves uncertainty about the future, integrating the operations of the organisation and change 3.2 Business strategy Key term Business strategy: how an organisation approaches a particular product market area Business strategy can involve decisions such as whether to segment the market and specialise in particularly profitable areas, or to compete by offering a wider range of products 1a: Business. .. Comment Marketing Devising products and services, pricing, promoting and distributing them, in order to satisfy customer needs at a profit Marketing and corporate strategies are interrelated Production Factory location, manufacturing techniques, outsourcing and so on Finance Ensuring that the firm has enough financial resources to fund its other strategies by identifying sources of finance and using them . and internal financial control 9 Control, security and audit 215 10 Identifying and preventing fraud 2 41 Part E Leading and managing individuals and teams 11 Leading and managing people 2 61 12. F O RWAR D Introduction vii Studying F1 1 What the paper is about The overall aim of the Accountant in Business syllabus is to introduce accountancy firmly in its context as a central business. accounting and other business functions D Specific functions of accounting and internal financial control 1 Accounting and finance functions within business 2 Internal and external auditing and