Internal and External Context
Week 2 2015
What is it?
What does a leader do?
What makes a good leader?
McClelland and Burnhams ideas (need for power
Evolution of leadership theory
Lecture 4: Chapter 4
Implementing Accounting Analysis
Effects of Leases on financial statements
Adjustment to financial statements are made for the following
Accounting standards may not reflect the economics of the organisation,
American Baseball Player
Its tough to make predictions, especially
about the future.
The future aint what it used to be.
Forecasting Key Variables
All revert back to mean over time.
Cant outgrow the economy f
Lecture 5: Chapter 5
Be able to calculate and classify financial ratios and apply them
to the interpretation of financial statements
1. Profitability ratios
2. Efficiency (or Activity) ratios
3. Liquidity ratios
Lecture 2: Chapter 2
A Strategy Analysis
A firms profit potential is determined by its own three strategic
1. Industry analysis
choice of an industry or set of industries which the firm operates
Porters five forces
Lecture 3: Chapter 3
Overview of Accounting Analysis
The Purpose of Accounting Analysis
Types of Financial Statements
The Basic Features of Financial Reporting
Delegation of Reporting to Management
Introduction to the Law
What is a Contract?
A promise or set of promises which the law
Sir Frederick Pollock
Classical Contract Theory
Meeting of the Minds (Offer and Acceptance)
Intention to Create Legal Relations