Agnes Sopel
Job costing and activity costing - deriving full costs
Full (absorption) costing is a widely used approach that takes into consideration of all the costs of producing a particular product or...
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Agnes Sopel
Apr 2, 20239 min read
Break-even analysis and marginal analysis
What relevance has cost when making management decision? We know that not all costs may be relevant to it. We must, therefore, separate...
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Agnes Sopel
Mar 28, 202317 min read
Analysing and interpreting financial statements
Use of ratios can help to assess the financial performance and position of a business. There are also several problems encountered when...
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Agnes Sopel
Mar 6, 202312 min read
Company accounts interpretation and ratios
The numbers and other information in the accounts tell only part of the story, but there are also hidden meanings that we need to...
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Agnes Sopel
Mar 4, 20234 min read
Statement of cash flows
The statement of cashflow is prepared as an important management tool by all businesses. Businesses need to have clear and realistic cash...
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Agnes Sopel
Mar 4, 202310 min read
Income statement - profit and loss
Income statement should tell us about the results of company's activities over specific accounting period. It shows what revenues have...
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Agnes Sopel
Mar 1, 202311 min read
Expenditure and balance sheets
Types of expenditure Reporting of financial information falls on business owners to comply with regulations. Each of business statements...
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Agnes Sopel
Jan 29, 20235 min read
Types of business entity and financial statements
Business entities evolve either within manufacturing or in providing services. There are profit making organisations, non-profit...
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Agnes Sopel
Jan 29, 20237 min read
The importance of accounting and finance - financial concepts
Finance and accounting are essential elements of business life. It protects the owners of the business and the public. These are wide...
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Agnes Sopel
Jan 23, 20238 min read
Measuring and reporting financial position - The Balance Sheet
The major financial statements meant to present the financial position of a business. To achieve this the accountants will generally...
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Agnes Sopel
Jan 16, 20234 min read
What are accounting and finance?
Accounting is concerned with collecting, analysing and communicating financial information. It is to help those using the information to...
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Agnes Sopel
Jan 15, 20233 min read
Balance Sheets, Income Statements and Balance of Cash Flows
Shareholders, creditors or investors need reliable information in regards to the business financial performance. They can then make...
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Agnes Sopel
Jan 15, 202325 min read
Medical Device QMS - ISO13485:2016 requirements
Introduction As with every Quality Management System, we need to understand the standard and how it relates to our processes. We need to...
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Agnes Sopel
Dec 10, 20222 min read
Shifting from reactive to process-driven approach in conflict resolution
Since the introduction of employment tribunal fees the claims have declined significantly. Thus employers feel that the power balance...
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Agnes Sopel
Dec 7, 202214 min read
Power and Influence - leadership research
Political competence is not something that we are born with. It is a skill that we learn. It is the process of mapping the political...
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Agnes Sopel
Nov 29, 20223 min read
Power in leadership
We know that leaders need to be assertive, has to have self-confidence and make decisions. The leader need to take control. A leader has...
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Agnes Sopel
Nov 28, 202212 min read
Coaching, counselling and supportive communication
If people experience positive relations they are elevated and motivated. We have all experienced positive people with positive energy who...
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Agnes Sopel
Nov 27, 20223 min read
Types of communication
Communication is one of the way of sharing some of the power that the leader has with the employees. Leaders shares their thoughts and...
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Agnes Sopel
Nov 26, 20224 min read
To reach an agreement, there need to be some compromise - the power of negotiation
Negotiation is part of everyday life. Generally, it is defined as constructive compromise and peaceful persuasion. If two parties...
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Agnes Sopel
Nov 26, 20229 min read
Empowering and engaging others
Empowerment is based on assumptions when motivating others and influencing others. It means providing freedom to people to successfully...
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