a86012 management and principles of accoun:ng (2017/2018)
TRANSCRIPT
![Page 1: A86012 Management and Principles of Accoun:ng (2017/2018)](https://reader030.vdocument.in/reader030/viewer/2022020622/61eb3efbc84aa6125162f568/html5/thumbnails/1.jpg)
A86012ManagementandPrinciplesofAccoun:ng(2017/2018)
Session4ReviewSession
PaulG.SmithB.A.,F.C.A
![Page 2: A86012 Management and Principles of Accoun:ng (2017/2018)](https://reader030.vdocument.in/reader030/viewer/2022020622/61eb3efbc84aa6125162f568/html5/thumbnails/2.jpg)
SESSIONOBJECTIVES&OVERVIEW
2A86012ManagementandPrinciplesofAccoun:ng
![Page 3: A86012 Management and Principles of Accoun:ng (2017/2018)](https://reader030.vdocument.in/reader030/viewer/2022020622/61eb3efbc84aa6125162f568/html5/thumbnails/3.jpg)
CourseOverview1.Whatisbusiness 14.Accoun:ngglossary
2.Typesofbusiness 15.Introduc:ontofinancialaccoun:ng
3.Management 16.Accoun:ngforbusinesstransac:ons
4.Reviewsession1 17.Recordingtransac:ons,journalandledger
5.Marke:ng 18.Recordingowner’scontribu:ons&financing
6.Marke:ngstrategy 19.Reviewsession
7.Reviewsession2 20.Recordinglong-livedassetsandinvestments
8.Opera:ons 21.Recordingpurchases
9.Finance 22.Reviewsession
10.Financialmanagement 23.Recordingsalesandemployeecompensa:on
11.Humanresources 24.Adjus:ngandclosingentries
12.Reviewsession 25.Adjus:ngandclosingentries…con:nued
13.Exam 26.Casesandexercises
27.Exam3A86012ManagementandPrinciplesof
Accoun:ng
PGS
SG
PT
![Page 4: A86012 Management and Principles of Accoun:ng (2017/2018)](https://reader030.vdocument.in/reader030/viewer/2022020622/61eb3efbc84aa6125162f568/html5/thumbnails/4.jpg)
SessionObjec:vesAttheendofthissessionstudentswillhaveconsolidatedtheirunderstandingofwhatabusinessis;theimportanceofbusinessethicsandcorporatesocialresponsibilityinaninterna9onalmarketeconomy.Studentswillalsobeabletoar9culatethedifferentop9onsfororganizingabusinessandappreciatetheadvantages/disadvantagesofthese.Theywillalsobeabletoar9culatewhataBusinessPlanshouldcontain.Attheendofthissessionstudentswillalsohaveconsolidatedtheirabilitytodescribethekeyfunc9onsofmanagementandtheskillsandcompetenciesrequired,theirapprecia9onoftheimportanceoforganiza9onalculture,organiza9onalstructuresandcorporategovernance.Theywillbeabletoar9culatethedifferencebetweenstrategicplans,businessplansandbudgetsthedis9nc9onbetweenvisionorpurposeandmissionandobjec9ves.
4A86012ManagementandPrinciplesofAccoun:ng
![Page 5: A86012 Management and Principles of Accoun:ng (2017/2018)](https://reader030.vdocument.in/reader030/viewer/2022020622/61eb3efbc84aa6125162f568/html5/thumbnails/5.jpg)
OverviewofSession4
• ReviewassignmentsEurope’sTopCompanies– Researchassignment1
• Businessandbusinessmodelandloca:ons• SustainabilityandCorporateSocialResponsibility
– Researchassignment2• Imaginarystartupbusiness• BusinessPlanOutline
– ResearchAssignment3• Organiza:on,management&governance• Purpose,vision,values,missionandstrategy
– Ac:veReviewCardsChapters1-7
5A86012ManagementandPrinciplesofAccoun:ng
![Page 6: A86012 Management and Principles of Accoun:ng (2017/2018)](https://reader030.vdocument.in/reader030/viewer/2022020622/61eb3efbc84aa6125162f568/html5/thumbnails/6.jpg)
Session4OverviewMins
Sessionobjec:vesandoutline 5
Recapofkeypointsfromsession3–Management 10
Researchassignment1–Europe’sTopCompanies:• Businessandbusinessmodel• SustainabilityandCorporateSocialResponsibility
25
Researchassignment2–BusinessPlanoutline 25
ResearchAssignment3–Europe’sTopCompanies• Organiza:on,management&strategy• Purpose,vision,values,missionandstrategy
25
Ac:vereviewcards–Chapters1-7 30
Requiredreadingandresearch 5
Overviewofsession5-Marke:ng 5
Summaryandvalida:on 5
1356A86012ManagementandPrinciplesof
Accoun:ng
![Page 7: A86012 Management and Principles of Accoun:ng (2017/2018)](https://reader030.vdocument.in/reader030/viewer/2022020622/61eb3efbc84aa6125162f568/html5/thumbnails/7.jpg)
RECAPOFSESSION3-MANAGEMENT
7A86012ManagementandPrinciplesofAccoun:ng
![Page 8: A86012 Management and Principles of Accoun:ng (2017/2018)](https://reader030.vdocument.in/reader030/viewer/2022020622/61eb3efbc84aa6125162f568/html5/thumbnails/8.jpg)
Session3Recap• Whatarethefunc:onsofmanagement?Describethese
• Whatarethedifferentlevelsofmanagementandhowdotheydiffer?
• Whatarethedifferentwaysinwhichthemanagementfunc:oncanbeorganized?
• Whatisthedifferencebetweenastrategicplan,abusinessplanandabudget?
• WhatisthedifferencebetweenVision,purposeandmission?
• WhatisCorporateGovernanceandwhyisthisnecessary?
8A86012ManagementandPrinciplesofAccoun:ng
![Page 9: A86012 Management and Principles of Accoun:ng (2017/2018)](https://reader030.vdocument.in/reader030/viewer/2022020622/61eb3efbc84aa6125162f568/html5/thumbnails/9.jpg)
RESEARCHASSIGNMENT1
9A86012ManagementandPrinciplesofAccoun:ng
![Page 10: A86012 Management and Principles of Accoun:ng (2017/2018)](https://reader030.vdocument.in/reader030/viewer/2022020622/61eb3efbc84aa6125162f568/html5/thumbnails/10.jpg)
ResearchAssignment1–Europe’sTopCompanies
A86012ManagementandPrinciplesofAccoun:ng 10
1. BusinessandBusinessModel2.SustainabilityandCorporateSocialResponsibility
![Page 11: A86012 Management and Principles of Accoun:ng (2017/2018)](https://reader030.vdocument.in/reader030/viewer/2022020622/61eb3efbc84aa6125162f568/html5/thumbnails/11.jpg)
RESEARCHASSIGNMENT2
11A86012ManagementandPrinciplesofAccoun:ng
![Page 12: A86012 Management and Principles of Accoun:ng (2017/2018)](https://reader030.vdocument.in/reader030/viewer/2022020622/61eb3efbc84aa6125162f568/html5/thumbnails/12.jpg)
ResearchAssignment2
A86012ManagementandPrinciplesofAccoun:ng 12
BusinessPlanOutline
![Page 13: A86012 Management and Principles of Accoun:ng (2017/2018)](https://reader030.vdocument.in/reader030/viewer/2022020622/61eb3efbc84aa6125162f568/html5/thumbnails/13.jpg)
BusinessPlanSupport
A86012ManagementandPrinciplesofAccoun:ng 13
Big4
Banks Others
![Page 14: A86012 Management and Principles of Accoun:ng (2017/2018)](https://reader030.vdocument.in/reader030/viewer/2022020622/61eb3efbc84aa6125162f568/html5/thumbnails/14.jpg)
RESEARCHASSIGNMENT3
14A86012ManagementandPrinciplesofAccoun:ng
![Page 15: A86012 Management and Principles of Accoun:ng (2017/2018)](https://reader030.vdocument.in/reader030/viewer/2022020622/61eb3efbc84aa6125162f568/html5/thumbnails/15.jpg)
ResearchAssignment3–Europe’sTopCompanies
A86012ManagementandPrinciplesofAccoun:ng 15
1. Organiza:on,Management&Governance
2.Purpose,Vision,Values,Mission&Strategy
![Page 16: A86012 Management and Principles of Accoun:ng (2017/2018)](https://reader030.vdocument.in/reader030/viewer/2022020622/61eb3efbc84aa6125162f568/html5/thumbnails/16.jpg)
ACTIVEREVIEWCARDS
16A86012ManagementandPrinciplesofAccoun:ng
![Page 17: A86012 Management and Principles of Accoun:ng (2017/2018)](https://reader030.vdocument.in/reader030/viewer/2022020622/61eb3efbc84aa6125162f568/html5/thumbnails/17.jpg)
Ac:veReviewCards
• Chapter1TheDynamicsofBusinessandEconomics• Chapter2BusinessEthicsandSocialResponsibility• Chapter3BusinessinaBorderlessWorld• Chapter4Op:onsforOrganizingBusiness• Chapter5SmallBusiness,EntrepreneurshipandFranchising
• Chapter6TheNatureofManagement• Chapter7Organiza:on,TeamworkandCommunica:on
A86012ManagementandPrinciplesofAccoun:ng 17
![Page 18: A86012 Management and Principles of Accoun:ng (2017/2018)](https://reader030.vdocument.in/reader030/viewer/2022020622/61eb3efbc84aa6125162f568/html5/thumbnails/18.jpg)
REQUIREDREADINGANDRESEARCHASSIGNMENTS
18A86012ManagementandPrinciplesofAccoun:ng
![Page 19: A86012 Management and Principles of Accoun:ng (2017/2018)](https://reader030.vdocument.in/reader030/viewer/2022020622/61eb3efbc84aa6125162f568/html5/thumbnails/19.jpg)
RequiredReadingandresearchassignments
• Reading– MBusiness
• Chapters1–7• Exercises
– MBusiness• TestBankQues:onsChapters1-7• Ac:veReviewCardsChapters1-7
• ResearchAssignments– 1.BusinessandBusinessModel– 1.SustainabilityandCorporateSocialResponsibility(CSR)– 2.BusinessPlanOutline– 3.Organiza:on,ManagementandGovernanceStructure3.Purpose,vision,values,missionandstrategy
19A86012ManagementandPrinciplesofAccoun:ng
![Page 20: A86012 Management and Principles of Accoun:ng (2017/2018)](https://reader030.vdocument.in/reader030/viewer/2022020622/61eb3efbc84aa6125162f568/html5/thumbnails/20.jpg)
OverviewSession5-Marke:ng
• Thenatureofmarke:ng–thefunc:onsofmarke:ng,crea:ngvalue,themarke:ngconcept
• Developingamarke:ngstrategy–targetmarket,marke:ngmix
• Marke:ngresearchandinforma:onsystems• Buyingbehaviour-Psychologicalvariables,socialvariables
• Themarke:ngenvironment• Themarke:ngplan
20A86012ManagementandPrinciplesofAccoun:ng
![Page 21: A86012 Management and Principles of Accoun:ng (2017/2018)](https://reader030.vdocument.in/reader030/viewer/2022020622/61eb3efbc84aa6125162f568/html5/thumbnails/21.jpg)
SESSIONSUMMARYANDVALIDATION,OVERVIEWSESSION4
21A86012ManagementandPrinciplesofAccoun:ng
![Page 22: A86012 Management and Principles of Accoun:ng (2017/2018)](https://reader030.vdocument.in/reader030/viewer/2022020622/61eb3efbc84aa6125162f568/html5/thumbnails/22.jpg)
Sessionsummary
• BusinessandBusinessModels• SustainabilityandCorporateSocialResponsibility
• BusinessPlanOutline• Organiza:on,Management&Governance• Purpose,Vision,Values,MissionandStrategy• Ac:veReviewCardsChapters1-7
22A86012ManagementandPrinciplesofAccoun:ng