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Management Problem - Solving Future Human Relations Highly Qualified Staff Broad Varied Assignment Non Recurring

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Renelyn Filoteo
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23 views8 pages

Management Problem - Solving Future Human Relations Highly Qualified Staff Broad Varied Assignment Non Recurring

Uploaded by

Renelyn Filoteo
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as XLSX, PDF, TXT or read online on Scribd
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S Service is rendered in behalf of MANAGEMENT CONSULTANT

I Involves PROBLEM - SOLVING outsource SERVICES


R Related to FUTURE professional Advice

H HUMAN RELATIONS play a vital role


E Engagement requires HIGHLY QUALIFIED STAFF PROFESSIONAL ATTRIBUTES
B BROAD in scope 1 Technical Skills - Competence
I Involves VARIED ASSIGNMENT 2 Interpersonal skills
E Engagement is NON RECURRING

FUNCTIONS OF MANAGEMENT

PLANNING, ORGANIZING, CONTROLLING

PLANNING Goals and objective setting


ORGANIZING/DIRECTING Tackling activities (Tapping)
CONTROLLING Performance evaluation Actual vs. plan
DECISION MAKING
FINANCIAL ACCOUNTING VS. MANAGEMENT ACCOUNTING

FA MA
Restrictive guideline PFRS/ GAAP NONE
USERS INTERNAL & EXTERNAL INTERNAL
General purpose FS PRIMARY EXCLUSIVE
TYPE OF INFO FINANCIAL FINANCIAL & NON-FINANCIAL
SOURCE OF INFO INTERNAL INTERNAL & EXTERNAL
EMPHASIS OF REPORT PRECISION RELIABILITY RELEVANCE TIMELINESS
FOCUS OF ANALYSIS BUSINESS AS WHOLE SEGMENT/DIVISION
Aggregated Segregated/Detailed

FREQUENCY PERIODICAL WHENEVER NEEDED


TIME ORIENTATION PAST/HISTORY FUTURE
LINE VS STAFF

LINE - INVOLVED IN ACHIEVING EG: MARKETING


GOALS & OBJECTIVE OPERATIONS
PRODUCTION
SALES

STAFF ASSISTANCE

CONTROLLER TREASURER
Accountant

Preparation of FS Credit and Collection


Government reporting Sourcing of capital
Tax compliance Investment
Auditor relations Insurance
Planning for control Investor
Economic Appraisal Relations
ETHICAL STANDARDS

C Competence
I Integrity
C Confidentiality
O Objectivity/credibility
MANAGEMENT
SERVICES Client
Advice

ONAL ATTRIBUTES
Skills - Competence

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