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.The Apprentice.: Chapter 17 Law and Regulation Governing Accounting
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DarylJennie.JooLing.Nash.YanYing. Tuesday, August 11, 2009. Chapter 17 Law and Regulation Governing Accounting. Chapter 17 Law and Regulation Governing Accounting. Part 1 Authorities to Whom Companies are Accountable. Accountability- state of being accountable,liable or answerable for actions or conduct, of being responsible for actions or ommisions. Companies are accountable to various bodies. Almost every countries will be a government department set up to oversee regulation and accounts of companies.
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.The Apprentice.: Chapter 23 Internal Financial Control
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DarylJennie.JooLing.Nash.YanYing. Tuesday, August 18, 2009. Chapter 23 Internal Financial Control. Chapter 23 Internal Financial Control. Part 1 The Meaning of Internal Control and Internal Check. Part 2 The Purpose of Internal Control. To help management achieve the entity's objectives, especially in terms of ensuring:. The orderly and efficient conduct of the business. The safeguarding of assets. The prevention and detection of fraud and error. The accuracy and completeness of the accounting records.
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Accountant in Business: Chapter 3 : Organisational Culture
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ACCA part 1 F1 paper. blablabla.Funtask. Friday, July 17, 2009. Chapter 3 : Organisational Culture. It is an energy source that connects people together. Culture have 3 components. Norms, Symbols and symbolic actions – birthdays, Beliefs. Facts that shapes culture in organization. Size of the organization – turnover, number of stuff etc. Technology advancement – product (Microsoft compare to Handcraft Company). Diversity – product range, geographical spread. Artifact – tangible. Power – Teo En Sing.
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Accountant in Business: Chapter 1 : The Business Organisation
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ACCA part 1 F1 paper. blablabla.Funtask. Saturday, July 11, 2009. Chapter 1 : The Business Organisation. What is an organisation? Organisations are social arrangements for the controlled performance of collective goals. As there are no widely accepted definitions of organisation, some term can also be used such as organisation refers to a group arranged for efficient work or a process to achieve stated objectives. Organisation also means there is structure and order. 12 Why organisations are needed?
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Accountant in Business: Chapter 13 : Stakeholders
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ACCA part 1 F1 paper. blablabla.Funtask. Friday, July 17, 2009. Chapter 13 : Stakeholders. 8226; A stakeholder is a group or individual, who has an interest. In what the organisation does, or an expectation of the organisation. 8226; It is important that an organisation understands the needs of the different stakeholders. 8226; Internal stakeholders are intimately connected. To an organisation, and their objectives are likely to have a strong influence on how it is run. And have varying ability. Do you t...
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Accountant in Business: Chapter 14 - Committees in the business organisation
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ACCA part 1 F1 paper. blablabla.Funtask. Thursday, July 23, 2009. Chapter 14 - Committees in the business organisation. A committee is a. Group of people to which some matter is committed. Rules in a committee is designed to:. Consistency and fair play are maintained. Minimise effects of bullying tactics. Ensure proper record of all proceedings is kept. Size may affect the efficiency in a committee:. Individuals is large committee do not have enough time to voice out opinions. Purpose of the committee:.
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.The Apprentice.: July 2009
http://acca-apprentice.blogspot.com/2009_07_01_archive.html
DarylJennie.JooLing.Nash.YanYing. Tuesday, July 28, 2009. Chapter 8 - Information Technology and Information Systems in Business. Chapter 8 Information Technology and Information Systems. Part 1 Information Technology and INformation Systems. Data consists of numbers, letters, symbols, raw facts, events, and transactions, which have been recorded but not yet processed in a form that is suitable for making decisions. Data can also be classified as:. Managers require information to:. Information provided s...
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.The Apprentice.: Chapter 10 - Macroeconomic Factors
http://acca-apprentice.blogspot.com/2009/08/chapter-10-macroeconomic-factors.html
DarylJennie.JooLing.Nash.YanYing. Monday, August 3, 2009. Chapter 10 - Macroeconomic Factors. Chapter 10 Macroeconomic Factors. Part 1 Defining Macroeconomic Policy. The study of how society allocates scarce resources, which have alternative uses between competing ends. The study of wealth creation. Study of economic behaviour of inidividual consumers,firms and industries. Aggregrate behaviour and study of sum of individual economic decisions. Part 2 The Level of Business Activity in the Economy. Governm...
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.The Apprentice.: Chapter 22
http://acca-apprentice.blogspot.com/2009/08/chapter-22.html
DarylJennie.JooLing.Nash.YanYing. Tuesday, August 18, 2009. 1 The meaning of internal auditing and external auditing. Internal auditing- Independent activity, established by management to examine and evaluate the organisation's risk management process and systems of control and to make recommendations for the achievement of company objectives. 2 The purpose of internal and external audit. A legal requirement to produce true and fair annual financial statements. Part of organisational control of business.
