ACCA F1 Accountant in Business

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ACCA F1 Accountant in Business

• Lorraine Ryan

Lorraine Ryan
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Paper Aims/Objectives

To introduce knowledge and understanding of the
business and its environment and the influence
this has on how organisations are structured and
on the role of the accounting and other key
business functions in contributing to the
efficient, effective and ethical management and
development of an organisation and its people and
systems.
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Learning Outcomes

• Upon completion of this subject students should
  be able to
• Explain how the organisation is structured,
  governed and managed by and on behalf of its
  external, connected and internal stakeholders
• Identify and describe the key environmental
  influences and constraints on how the business
  operates in general and how these affect the
  accounting function in particular
• Describe the history, purpose, and position of
  accounting in the organisation and the roles of
  other functional areas
• Identify and explain the functions of accounting
  systems and internal controls in planning,
  monitoring and reviewing performance and in
  preventing fraud and business failure
• Recognise the principles of authority and
  leadership and how teams and individuals behave
  and are managed, disciplined and motivated in
  pursuit of wider departmental and organisational
  aims and objectives
• Recruit and develop effective employees, using
  appropriate methods and procedures, while
  developing constructive relationships through
  effective communication and interpersonal skills

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Assessment

• The syllabus is assessed by a two hour
  paper-based or computer-based examination.
  Questions will assess all parts of the syllabus
  and will test knowledge and some comprehension or
  application of this knowledge. The examination
  will consist of 40 two mark questions, and 10 one
  mark questions.

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Reading List

• Students studying ACCA subjects F1, F2, F3, F5,
  F7, F8, F9, P1, P2 P3, can purchase their books
  and study aids from Kaplan Publishing. IBAT
  College students can also avail of a 30 discount
  with KAPLAN.
• Students studying ACCA subjects F4 and F6, will
  be able to purchase the core texts directly from
  IBAT College.

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