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.

DETAILED SYLLABUS

A. Business organization structure, governance, and management

• 1. The business organized and its structure
• 2. The formal and informal business organization
• 3. Organizational culture in business
• 4. Stakeholders of business organization
• 5. Information technology and information systems in business
• 6. Committees in the business organization
• 7. Business ethics and ethical behaviour
• 8. Governance and social responsibility in business.

B. Key environmental influences and constraints on business and accounting.

• 1. Political and legal factors
• 2. Macro – economic factors
• 3. Social and demographic factors
• 4. Technological factors
• 5. Competitive factors

C. History and role of accounting in business

• 1. The history and function of accounting on business
• 2. Law and regulation governing accounting
• 3. Financial systems , procedures and IT applications
• 4. The relationship between accounting and other business functions.

D. Specific functions of accounting and internal financial control

• 1. Accounting and finance functions within business
• 2. Internal and external auditing and their functions
• 3. Internal financial control and security within business organization
• 4. Fraud and fraudulent behaviour and their prevention in business.

E. Leading and managing individuals and teams

• 1. Leadership, management , and supervision
• 2. Individual and group behaviour in business organizations
• 3. Team formation ,development ,and management
• 4. Motivating individuals and groups

F. Recruiting and developing effective employees employees

• 1. Recruitment and selection , managing diversity , and equal opportunity
• 2. Techniques for improving personal effectiveness at work communication
• 3. Features of effective communication
• 4. Training , development , and learning in the maintenance and improvement of business performance
• 5. Review and appraisal of individual performance

APPROACH TO EXAMINING THE SYLLABUS
The syllabus is assessed by two – hour paper –based or computer –based examination . Question will assess all parts of the syllabus and will test knowledge and some comprehension or application of this knowledge and some comprehension or application of this knowledge . The examination will consist of 40 two-marks questions, and 10 one –mark questions , and 10 one – mark question.