As a result of company expansion, the accounts manager now has control of four assistant managers. This expansion has resulted in the need for greater delegation and clear definitions of levels of authority and responsibility. Required: a) Explain what is meant by: i) Responsibility ii) Authority iii) Delegation b) Explain the need for effective delegation, the problems with delegation and how these problems may be overcome.

a) Term Definitions i. Responsibility-This is an obligation placed on a person who occupies a certain position. It is accountability for the performance of specified duties or the satisfactory achievement of defined company objectives. Because responsibility is an obligation owed, Read More …

Discus McGregor Theory X and Y

Discuss McGregor Theory X and Y This theory concentrates on the argument that leadership behaviour depends on how the manager views subordinates. McGregor’s research culminated into the following theories: a) Theory X The manager is tough, autocratic and supports tight Read More …

In relation to corporate insolvency, a) i) Explain what is meant a contributory. ii) Distinguish between fraudulent and wrongful trading. Against whom may proceedings brought for breaches of provisions against fraudulent trading and wrongful trading?

In relation to corporate insolvency, a) i) Explain what is meant a contributory. ii) Distinguish between fraudulent and wrongful trading. Against whom may proceedings brought for breaches of provisions against fraudulent trading and wrongful trading? ANSWER i) Under Read More …

CPA Online Registration

HOW TO REGISTER FOR CPA EXAMINATION AS A NEW STUDENT Steps for Registering a KASNEB Student Account: STEP 1: Open a BrowserGo to the KASNEB student portal login page visiting: https://www.kasneb.or.ke/. STEP 2: Sign Up for New UsersFor first-time Read More …

KASNEB CPA Timetable April 2025

This is the CPA examination timetable for April 2025. It outlines the schedule for various exams across four days (from Tuesday to Friday) in different subjects, split between morning and afternoon sessions. Here’s a summary: Tuesday, 22 April 2025: Morning: Read More …