To develop knowledge and understanding of the business environment and the influence this has on how organisations and accountants operate, and of the role of the accountant and other key business functions in contributing to an efficient, effective and ethical organisation, and to build knowledge and understanding of the basic principles of effective management. - môn ACCA F1 cung cấp cho người học những kiến thức và hiểu biết về môi trường kinh doanh, về cách thức hoạt động của tổ chức, về các hoạt động kế toán của một tổ chức, doanh nghiệp, từ đó nhìn nhận được vai trò của kế toán và các chức năng kinh doanh quan trọng khác trong việc xây dựng một tổ chức hoạt động hiệu quả, năng suất cao và tôn trọng pháp luật, ngoài ra môn học cũng giúp người học xây dựng và hiểu được các nguyên tắc cơ bản về quản trị hiệu quả.

1. ACCA F1 – Accountants in
Business

2. ACCA PAPER F1 – FAB:
ACCOUNTANTS IN BUSINESS

3.  Leading and managing people
 Recruitment and selection
 Diversity and equal opportunities
Today…

4.  Overview of the manager’s task
 Development of management theory
 Manager / supervisor
 Major challenge: learning the details of the various
theories
 Leadership as a separate function of management
Overview

5.  Sections 2 to 4 (writers and theories)
- Even simple models could come up in the exam!
- Difference between management and leadership
- Leadership style models
 Grasp the differences between:
- Trait theories, style theories and contingency
approach
Exam focus

6.  MANAGEMENT PURPOSE & PROCESS
 WRITERS ON MANAGEMENT
 MANAGEMENT & SUPPERVISION
 LEADERSHIP
 LEADERSHIP SKILLS & STYLES
Chapter 11- LEADING & MANAGING
PEOPLE

7. DEFINITION
1. Stewart: get things done through others
2. Use org’s resources  meet goals  accountable to:
owners (shareholders, government)
Chapter 11- LEADING & MANAGING
PEOPLE
ORG:
1. Social arrangement
2. Controlled performance
3. Collective goals
MANAGEMENT:
1. Set objectives
2. Monitor progress & results
3. Communicate, sustain values,
ethics, principles
4. Accountable to owners,
stakeholders
Which suggests

8.  4 friends set up a business together…
 How to run a business?
- Pay attention to: planning, reviewing and
controlling what they do
 Suggest 2 ways in which they can manage the
business (assuming no other personnel are
recruited)?
Question

9. Q 11.12. Which of the following terms is used to describe
the “right’ to perform an action in an organization?
A. Responsibility
B. Authority
C. Influence
D. Power
Chapter 11 – MANAGEMENT
PURPOSE & PROCESS

10. CHAPTER 11 – MANAGEMENT
PURPOSE & PROCESS
AUTHORITY
Right to do st
RESPONSIBILITY
Obligation to do st
POWER
Ability to do st
ACCOUNTABILITY
Obligation to report to sb
(superior) how (delegated)
authority is exercise

11. DELEGATION: superior gives to a subordinate the discretion
to make decisions ( do part of superior’s job) – within certain
limits
BENEFITS:
(+) Training: subordinate gain experience, management
succession, promotion
(+) Motivation: Herzberg: responsibility  job satisfaction &
motivation
(+) Assessment: performance in delegated responsibility
(+) Decisions: brings decisions closer to situations
Chapter 11 – MANAGEMENT
PURPOSE & PROCESS

12. CHAPTER 11- MANAGEMENT
PURPOSE & PROCESS
NEXT SUPERIOR
ACCOUNTABILITY
All parts
SUPERIOR
SUBORDINATE
RESPONSIBILITY
Both superior &
subordinate parts
RESPONSIBILITY
Delegated parts

13. Chapter 11 – MANAGEMENT
PURPOSE & PROCESS
CHARISMATIC AUTHORITY:
1.  Leader personality
2. Inspire devotion of others
TRADITIONAL AUTHORITY
1. Established belief
2. Immemorial tradition &
status
3. Conferred status (father
 son)
RATIONAL- LEGAL
AUTHORITY:
1. Accepted normative rules
2. Found in org/ democratic
gov
WEBER:
3 ways people can acquire
legitimate power/ authority

14. INFLUENCE: one person modify behavior/ attitudes of others
CHAPTER 11- MANAGEMENT
PURPOSE & PROCESS
POWER INFLUENCE
PHYSICAL POWER SUPERIOR FORCE
RESOURCE POWER CONTROL OVER VALUED RESOURCES
COERCIVE POWER FEAR OF PUNISHMENT
REWARD POWER Related to RESOURCE POWER 
GRANT MATERIAL REWARDS
POSITION/ LEGITIMATE POWER Power associated to a PARTICULAR
JOB SIMILAR TO AUTHORITY
EXPERT POWER BASED ON EXPERTISE (WORKS IF
OTHERS ACKNOWLEDGE EXPERTISE)
REFERENT POWER PERSONAL QUALITIES
NEGATIVE POWER DISRUPTIVE ATTITUDES/ BEHAVIOR
 STOP THINGS FROM HAPPENING

15.  What kind of power is used by a manager who
promises a pay increase if productivity rises ?
 A Position power
 B Resource power
 C Reward power
 D Referent power
QUESTION

16.  ACCA F1 - ACCOUNTANTS IN BUSINESS
EXAM AIM
 To develop knowledge and understanding of the business environment
and the influence this has on how organisations and accountants
operate, and of the role of the accountant and other key business
functions in contributing to an efficient, effective and ethical
organisation, and to build knowledge and understanding of the basic
principles of effective management.
 We often open new ACCA F1 courses through the Year at Ho Chi Minh city &
Ha Noi
- TP.HCM: Ms Đào – 0903 788 885 – email: dao.tran@smarttrain.edu.vn
- Hà Nội: Ms Hương – 0936 627 700 – email:
huong.huyen.dinh@smarttrain.edu.vn
Continuous…