THE UNIVERSITY OF NEW SOUTH WALES Australian School of Business ACCT 3563: Issues in Financial Reporting & Analysis TUTORIAL - WEEK 10 Accounting for Financial Instruments and Foreign Currency Transactions Learning Objectives: 1. Understand what is a financial instrument‚ and how can they be categorised. 2. Accounting for a particular type of financial instrument – a “compound instrument” 3. Understand the accounting treatments of foreign currency transactions at: Date of transaction;
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Hacettepe Üniversitesi Eğitim Fakültesi Dergisi 13: 9-20 [1997} MANAGERIAL ROLES APPROACH AND THE PROMINENT STUDY OF HENRY MINTZBERG AND SOME EMPIRICAL STUDIES UPON THE PRINCIPALS WORK Berrin Burgaz. ABSTRACI ’: The aims of this paper are to present the Managerial Roles Approach which is one of the ways used in analysing managerial work; to offer the results of Henry Mintzberg ’s outstanding study in which he analysed the managerial work by using the descriptive research method and stmctured observation
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Cyril Inneh @02647048 Management & OB Dr. Gerald Burton Mintzberg’s Roles Interpersonal: The roles in this category involve providing information and ideas. * Figurehead: All social‚ inspiration‚ legal and ceremonial obligations. In this light‚ the manager is seen as a symbol of status and authority. * Leader: Duties are at the heart of the manager-employee relationship and include structuring and motivating employees‚ overseeing their progress‚ promoting and encouraging their
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Managerial Functions & Roles Case Study “ Goerge Fisher Works to Turnaround Kodak” a. Identify and categorize each of Fisher’s activities according to the four functions of management : planning‚ organizing‚ leading(influencing) and controlling. Planning Planning involves identifying tasks that must be performed in order to achieve organization goals‚ outlining how the task must be executed and the time suitable for the execution of tasks. Planning is important in determining the organizational
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practice of management is. Only within the last century did people begin to reflect systematically on their experiences and observations in attempts to sort out and identify those managerial practices that seemed to work better than others. These better practices were called principles but more closely resembled guides to managerial thought and action than scientific fact. Henry Fayol was the first to propose a general theory of management. He defined theory as “a collection of principles‚ rules‚ methods
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Organizational Dynamics‚ Vol. 36‚ No. 4‚ pp. 329–344‚ 2007 ß 2007 Elsevier Inc. All rights reserved. www.organizational-dynamics.com ISSN 0090-2616/$ – see frontmatter doi:10.1016/j.orgdyn.2007.06.001 What is the Right Organization Design? N. ANAND INTRODUCTION A start-up company in Florida‚ called World Response Group (WRG)‚ developed an unusual woven mat for the horticulture industry that was made from all-natural fibers. Horticulture growers in the U.S. produce hundreds of millions
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Interpersonal Managerial Role of a Project Manager Liberty University Abstract As project management is becoming more and more of an important to organizations‚ it is important for those taking the position to have the ability to handle the role. A project manager is in charge of managing and leading a team to successfully complete a project for the benefit of the company. For the team to be effective‚ the supervisor‚ or project manager‚ must have both technical and personal skills. A main factor
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that Mintzberg’s work in this discipline was to elaborate and reaffirm Fayol’s managerial concepts. However‚ not all authors agree to the fact that Fayol and Mintzberg’s work were complementary. Indeed‚ Golden Pryor & Taneja (2010) holds a different view by stating that Mintzberg’s work was very critical of Fayol’s work often disregarding Fayol’s concepts on management as ‘folklore’ in comparison to findings by Mintzberg attained through systemic research. This is a clear indication of the differing
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Henry Mintzberg (1990) argues that his managerial role approach contributes more to effective management as they define behaviours and traits that certain managers possess unlike the traditional four managerial functions of planning‚ organising‚ leading and controlling (POLC). Mintzberg presents ten managerial roles in which he then separates into three categories‚ executing the Interpersonal roles that allow the formation of interpersonal relationships which in turn provide the manager with access
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CHAPTER 1 THE ROLE AND ENVIRONMENT OF MANAGERIAL FINANCE Learning Goals 1. Define finance‚ the major areas of finance‚ and the career opportunities available in this field‚ and the legal forms of business organization. 2. Describe the managerial finance function and its relationship to economics and accounting. 3. Identify the primary activities of the financial manager within the firm. 4. Explain why wealth maximization‚ rather than profit maximization‚ is the firm’s goal and
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