The aim of the “Principles of Management” course is to meet the changing times and functions and roles of the manager. Tomorrow’s managers must be prepared to meet the challenges of a highly dynamic and rapidly changing business environment.
This module provides adequate knowledge to meet the needs and demands of organizations. It is tailored to provide the required skills in the Information Technology and Business industry needs.
Upon successful completion of the course, graduates will be able to confidently demonstrate effective and efficient management functions in their work team and overall manager, in the following areas;
· Working in identified Business Environments
· Decision Making and Problem Solving
· Influencing factors that affect organizational changes
· Processes of staffing, hiring, training, evaluating and compensating
employee performance
· Building and managing effective teams
· Structure the work environment to encourage motivation
· Good leadership and management style
· effective communication skills and understanding importance of
communication in business
Financial accounting (or financial accountancy) is the field of accounting concerned with the summary, analysis and reporting of financial transactions related to a business.[1] This involves the preparation of financial statements available for public use. Stockholders, suppliers, banks, employees, government agencies, business owners, and other stakeholders are examples of people interested in receiving such information for decision making purposes.
Financial accountancy is governed by both local and international accounting standards. Generally Accepted Accounting Principles (GAAP) is the standard framework of guidelines for financial accounting used in any given jurisdiction. It includes the standards, conventions and rules that accountants follow in recording and summarizing and in the preparation of financial statements.
