By Emile Woolf International
The Accountant in enterprise syllabus acts as an introdution to company constitution and function, and to accountancy as a critical enterprise functionality. The syllabus starts off with an exam of the structureand governance of companies, in brief introducing ethics.
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Management activities and decisions are based largely on judgement and intuition. General principles of management are not relevant to management practice. In practice, managers do many of their tasks quickly and superficially. com for Q/As, Notes & Study Guides 33 Paper F1: Accountant in business Mintzberg suggested that managers perform three main roles. Interpersonal role. interpersonal roles: Managers spend much of their time performing - As a figurehead. Managers often perform a ceremonial role, representing the organisation at events and as a ‘public face’ of the organisation.
Planning, for example, is done on a day-to-day basis, when time permits between more urgent or immediate tasks. Managers spend some of their time on routine duties of a ceremonial nature, such as meeting with important visitors. Managers prefer informal verbal communication to formal written communications, such as reports and briefing notes. Communicating informally by word of mouth is much faster and more effective than communication through the formal information system. Management activities and decisions are based largely on judgement and intuition.
Decision-making authority as when the span of control is wider. The manager might have insufficient When the span of control is more time to spend with individual narrow than it needs to be, there will be an excess number of managers. This subordinates. is inefficient and expensive. Communication between a manager and Close supervision might a subordinate is likely to decrease as the motivating for subordinates. span of control widens. 3 be de- Authority and responsibility Authority and delegation Authority is the ability to give orders or guidance to others, and to expect the orders to be obeyed or the guidance to be followed.