KASHIF KAMRAN-FCCA

1/30/2013

KASHIF KAMRAN[FCCA]_F1 AB 2013

F1 ACCOUNTANT IN BUSINESS
2013 EXAMINATIONS

Syllabus
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KASHIF KAMRAN[FCCA]_F1 AB 2013

Overview

The business organization

Accounting and reporting system

Leading and managing individuals and teams

Personal effectiveness and communication

Professional ethics

With reference to its stakeholders and external environment

With reference to its structure , function and governance

Paper format
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KASHIF KAMRAN[FCCA]_F1 AB 2013

CBE 50 Compulsory questions of 2 marks each Time : 2 hours

SKANS-Karachi campus _F1 AB 2013

KASHIF KAMRAN-FCCA

1/30/2013

PART A
THE BUSINESS ORGANIZATION , ITS STAKEHOLDERS AND THE EXTERNAL ENVIRONMENT

KASHIF KAMRAN[FCCA]_F1 AB 2013

Whats in Part A ?
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KASHIF KAMRAN[FCCA]_F1 AB 2013

Part A
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Chapter 1: Business organization and its stakeholders Chapter 2: Business environment Chapter 3: Macro economic environment Chapter 4: Micro economic factors

Chapter 1
Business organization and their stakeholders
KASHIF KAMRAN[FCCA]_F1 AB 2013

SKANS-Karachi campus _F1 AB 2013

KASHIF KAMRAN-FCCA

1/30/2013

What is an organization?
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KASHIF KAMRAN[FCCA]_F1 AB 2013

An organization is a social arrangement which peruses collective goals, which control its own performance and which has boundary separating it from its environment

Different types of business organizations

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KASHIF KAMRAN[FCCA]_F1 AB 2013

Types

Profit vs. Non profit

Public vs. private sector

Profit vs. Non profit organization

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KASHIF KAMRAN[FCCA]_F1 AB 2013

Profit
Maximization of profit

Non-profit
Welfare of society

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KASHIF KAMRAN-FCCA

1/30/2013

Public vs. private sectors

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KASHIF KAMRAN[FCCA]_F1 AB 2013

Public sector
Organizations owned or run by central or local government or government agencies

Private sector
Organization not owned or run by central or local government or government agencies

Examples of Public sector business

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KASHIF KAMRAN[FCCA]_F1 AB 2013

Private sector business

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KASHIF KAMRAN[FCCA]_F1 AB 2013

Sole proprietor

Partnership Limited company ( private limited / public limited)

SKANS-Karachi campus _F1 AB 2013

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1/30/2013

Sole proprietor
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KASHIF KAMRAN[FCCA]_F1 AB 2013

Private sector business

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KASHIF KAMRAN[FCCA]_F1 AB 2013

Private limited vs. public limited companies

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KASHIF KAMRAN[FCCA]_F1 AB 2013

Number of shareholders

Transferability of shares

Directors as shareholders

SKANS-Karachi campus _F1 AB 2013

KASHIF KAMRAN-FCCA

1/30/2013

Stakeholders-Definition
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KASHIF KAMRAN[FCCA]_F1 AB 2013

Any group or individual who can affect or [be] affected by the achievement of an organization's objectives. This definition shows the important bi-directionality of stakeholders that they can be both affected by and can affect an organization

Categories of stakeholders
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KASHIF KAMRAN[FCCA]_F1 AB 2013

Internal

Connected

External

Categories of stakeholders
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KASHIF KAMRAN[FCCA]_F1 AB 2013

Internal Employees Management

External Community Government Pressure groups

Connected Shareholders Customers Suppliers Financers

SKANS-Karachi campus _F1 AB 2013

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Stakeholder mapping: power and interest

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KASHIF KAMRAN[FCCA]_F1 AB 2013

SKANS-Karachi campus _F1 AB 2013