ACCA P1 - Professional Accountant - Study Text 2013
Subtitle: Study Text
Series: ACCA; ACCA
Publisher: BPP Learning Media
Published: 2012
Place of publication: London
Language: eng
Number of pages: 482
ISBN-13: 9781445392134; 9781445396538
Subjects: Accounting
Description: A Core Study Text for the ACCA Qualification.
Table of contents: title: Book Cover; Title; Copyright; Contents; A note about copyright; Introduction; Helping you to pass; title: the ONLY P1 Study Text reviewed by the examiner!; Chapter features; Studying P1; 1 What P1 is about; 1.1 Underlying themes; 1.2 Governance and responsibility; 1.3 Internal control and risk; 1.4 Professional values and ethics; 2 Skills you have to demonstrate; 2.1 Knowledge and application; 2.2 Application skills; 3 How to pass; 3.1 Study the whole syllabus; 3.2 Focus on themes, not lists; 3.3 Read around; 3.4 Lots of question practice; 4 Answering questions; 4.1 Analysing question requirements.; title: 4.2 Understanding the question verbs4.3 Analysing question scenarios; 4.4 Consider the moral and ethical frameworks; 4.5 Content of answers; 5 Gaining professional marks; 5.1 Structure and format; 5.2 Logical flow; 5.3 Persuasiveness; 5.4 Tone; 5.5 Clarity; 6 Brought forward knowledge; 7 ACCA ethics module; Syllabus and study guide; Study guide; The exam paper; Format of the paper; Analysis of past papers; Part A Governance and responsibility; Chapter 1 Scope of corporate governance; Introduction; 1 Definitions of corporate governance; 1.1 What is corporate governance?; title: 1.2 Corporate governance concepts2 Corporate governance and agency theory; 2.1 Nature of agency; 2.2 Accountability and fiduciary responsibilities; 2.3 Agency in the context of the director-shareholder relationship; 2.4 The agency problem; 2.5 Agency costs; 2.6 Resolving the agency problem: alignment of interests; 2.7 Other agency relationships; 2.8 Agency and public sector organisations; 2.9 Agency and charities; 2.10 Transaction costs theory; 3 Types of stakeholders; 3.1 Stakeholders; 3.2 Stockholder theory (shareholder theory); 3.3 Problems with stockholder view; 3.4 Stakeholder theory.; title: 3.5 Instrumental and normative view of stakeholders3.6 Classifications of stakeholders; 3.7 Assessing the relative importance of stakeholder interests; 3.8 Power and interest; 3.9 Reconciling viewpoints of different stakeholders; 4 Roles of stakeholders; 4.1 Roles of stakeholders in corporate governance; 4.2 Directors; 4.3 Company secretary; 4.4 Sub-board management; 4.5 Employees; 4.6 Trade unions; 4.7 Suppliers; 4.8 Customers; 4.9 External auditors; 4.10 Regulators; 4.11 Government; 4.12 Stock exchanges; 4.13 Institutional investors; 4.14 Small investors.; title: 4.15 Stakeholders in the not-for-profit sector4.16 Stakeholder and agency theory; 4.17 Stakeholder theory and company law; 5 Major issues in corporate governance; 5.1 Duties of directors; 5.2 Composition and balance of the board; 5.3 Reliability of financial reporting and external auditors; 5.4 Directors' remuneration and rewards; 5.5 Responsibility of the board for risk management and internal control systems; 5.6 Rights and responsibilities of shareholders; 5.7 Corporate social responsibility and business ethics; 5.8 Public and non-governmental bodies corporate governance; Chapter Roundup.