Paper 5 Summaries - ACCA Global Accountancy Discussion Forums

ipurple · 12-02-2008, 05:43 AM

Here comes some summary of paper 5

Part A

Business and accouting environment
-PEST
-Environment Influence
-Uncertainty
-Planning
-Swot (December'04)(June'06)

Financial Accountability
-Law regulation in place (J'08)
-FRS
-Audit Standard
-Corporate Governance.

Stake HOlders (J'04)

Organisation Structure
Planning
Control

ORGANISATION STRUCTURE
-Business Function (J'07)
-Principle of organisation management -Henri Fayol
-element of organisation -Henry Mitzberg
-Moderm theory
-Organisation Chart
-Span of Control
-Factor influence Organisation Structure (J'07)
-Tall and Flat Structure (pilot Paper)
-Centralised and Decentralised
-Matrix (J'05)

Accounting Function
Purpose (D'07) (D'04)
Features (D'07) (D'04)
Manual & Computerised (D'06)

Business Plan
-Purpose (D'05)
-Objective
-Role of Short term plan
-Need of Coordination
-purpose of system policy and procedures
-Principle of effective System,policy and procedures
-Principle of effective financial procedures
-Element of organisation HR plan (D'05)

ipurple · 12-02-2008, 05:47 AM

Part B

-Objective of internal control
-Limitation of internal control
-Features of good internal control
-Types of internal control
-Internal audit - Features,types
-external audit

Fraud
-Types of fraud
-Implication of fraud
-Pre-requisition of fraud
-Risk/Sign of fraud
-System of detecct and prcent fraud
-Responsibility of detect and prevent fraud

Improving control procedures
-control system
-Sales
-Purchase
-Payroll
-Cash (J'08)

Management infromation system
-purpose
-advantages and disadvantages of computerised accounting system

ipurple · 12-02-2008, 05:53 AM

Part C

Managment theory principle and technique

1.power authority, responsibility, accountability
-identify, difference
-type of power
-contigency theory

2. Delegation (D'05)

3. Role of management -Henri Fayol, Peter Ducker,Role of manager

4. Role of supervisor (J'07)

5. Different btw leader and management

6. theory of leadership
-Ashtridge
-rensis likert
-black and mouton (J'06)
-Charles Handy
-hersey Blanchard (J'08)

BEHAVIOUR
-Individual behaviour - perception
-group behaviour -sosial influence,group influence,group process
-Individual and group contribution
-Team management (D'07)(J'04)
-team formation and roles - belbin (D'07)
-Development of team -tuckman (J'04)
-Team building - woodcoke

ORGANISATION CULTURE
-structure and culture - chales handy

MOTIVATION
-process theory
-content theory

Mcgregor- Theory X Y
Ouchi - Thoery Z

ipurple · 12-02-2008, 05:57 AM

Part D

Individual effectiveness at work
-Job Description (J'08)
-Priorities and work planning
-Time managment (J'04)

Construction valation
-Importance of interpersonal skill (J'07)
-Communication (J'06)
-Conflict

Performance managment
-purpose and benefit
-Barries and problem
-process
-appraisal process (D'05)

Trainning and development
-benefit of trainning (D'06)
-role of responsibilities of training manager
-method of training
-Personal develop plan
-learning thoery - honey and mumford (D'07)(J'04)

ipurple · 12-02-2008, 06:01 AM

Part E

The importance of health and safety (J'06)
Costs of accident and illness (J'07)
Roles and responsibilities of senior management (J'04)(J'06)
Training in health and safety (J'04)
health and safely policy (D'06)
health and safety hazards (D'04)
factors for safety and health working environment(J'07)
emergency procedures (J'08)
principle of secutiry (D'05)
secutiry procedures (D'07)
the importance of data security (pilot paper)
Risks of data (Pilot paper)(J'05)

ipurple · 12-02-2008, 06:04 AM

Hope this will assists all of u to pass the exam.

When the question ever mentioned:

1) Discuss - We dont draw a conclusion

2) Fully explain - Meaning, Description, Advatages, Disadvantages

3) Brieft explain, Descripe, Outline - Meaning, Description, Advatages, Disadvantages,

it's all depends on the given marks. Good luck to u all. hope my summary may help you all a little bit..