|
|
 |
|
|
|
|
ABOUT OUR COURSES
Education
Education
encompasses teaching and learning specific skills, and also something less tangible but more profound: the imparting of knowledge, positive judgment and well-developed wisdom. Education has as one of its fundamental aspects the imparting of culture from generation to generation (see socialization). Education means 'to draw out', facilitating realisation of self-potential and latent talents of an
individual. It is an application of pedagogy, a body of theoretical and applied research relating to teaching and learning and draws on many disciplines
such as psychology, philosophy, computer science, linguistics, neuroscience, sociology —often more profound than they realize—though family teaching may function very informally.
______________________________________
Management accounting
Definition
According to the Chartered Institute of Management Accountants (CIMA), Management Accounting is "the process of identification, measurement, accumulation, analysis,
preparation, interpretation and communication of information used by management to plan, evaluate and control within an entity
and to assure appropriate use of and accountability for its resources. Management accounting also comprises the preparation of financial reports for non management groups such as shareholders, creditors, regulatory agencies and tax authorities" (CIMA Official Terminology)
The American Institute of Certified Public Accountants(AICPA) states that management accounting practice extends to the following three areas:
*Strategic
Management—Advancing the role of the management accountant as a strategic partner in the organization.
*Performance
Management—Developing the practice of business decision-making and managing the performance of the organization.
*Risk
Management—Contributing to frameworks and practices for identifying, measuring, managing and reporting risks to the
achievement of the objectives of the organization.
The Institute of Certified Management Accountants (ICMA), state "A management accountant applies his or her professional knowledge and skill in the preparation
and presentation of financial and other decision oriented information in such a way as to assist management in the formulation
of policies and in the planning and control of the operation of the undertaking. Management Accountants therefore are seen
as the "value-creators" amongst the accountants. They are much more interested in forward looking and taking decisions that
will affect the future of the organization, than in the historical recording and compliance (scorekeeping) aspects of the
profession. Management accounting knowledge and experience can therefore be obtained from varied fields and functions within
an organization, such as information management, treasury, efficiency auditing, marketing, valuation, pricing, logistics,
etc."
Aims
- Formulating strategies;
- Planning and constructing business activities;
- Helps in making decision;
- Optimal use of resources;
- Supporting financial reports preparation; and
- Safeguarding asset
|
|
|
|
|
|
|
Information Management
Information management (IM) is the collection and management of information from one or more sources and the distribution of that information to one or more audiences. This sometimes
involves those who have a stake in, or a right to that information. Management means the organization of and control over the structure, processing and delivery of information.
Throughout the 1970s this was largely limited to files, file maintenance, and the life cycle management of paper-based files, other media and records. With the proliferation of information technology starting
in the 1970s, the job of information management took on a new light, and also began to include the field of Data maintenance. No longer was information management a simple job that could be performed by almost anyone. An understanding
of the technology involved, and the theory behind it became necessary. As information storage shifted to electronic means,
this became more and more difficult. By the late 1990s when information was regularly disseminated across computer networks
and by other electronic means, network managers, in a sense, became information managers. Those individuals found themselves
tasked with increasingly complex tasks, hardware and software. With the latest tools available, information management has
become a powerful resource and a large expense for many organizations.
In short, information management includes organizing, retrieving, acquiring and maintaining the information.
|
|
|
|
|
|
|
|
