Industrial and Organizational Pyschology Term Paper

Job analysis is a broad term commonly used to describe a wide variety of systematic procedures for examining, documenting, and drawing inferences about work activities, worker attributes, and work context (Siddique, 2004). In light of recent workplace changes that devalue traditional conceptions of rigidly defined jobs, the broader term, work analysis, is sometimes supported. However, there are three different types of job analysis and they are job requirements, competency based, and rewards (Siddique, 2004).

Job analysis is the formal process of identifying the content of a job in terms activities involved and attributes needed to perform the work and identifies major job requirements. Job analysis was conceptualized by two of the founders of industrial/organizational psychology, Frederick Taylor andLillian Moller Gilbreth in the early 20th century.

A job analysis is the process of studying and describing specific requirements for a job (Heneman, Judge & Kammeryer-Mueller 2012, p. 152). A job analysis can be conducted in a few different approaches, job requirements (job-oriented) analysis, competency-based approach or rewards based approach (Heneman, Judge & Kammeryer-Mueller 2012, p. 153). Each of these techniques analyse the same job differently. Heneman, Judge & Kammeryer-Mueller (2012, p. 154) explain that the job requirements analysis focus’ on what employees currently do, the competency analysis researches what is required of the employees to contribute to the organisations strategy, and the rewards approach analyses what employees want from their job.

The role of managerial accounting serves many purposes such as financial reporting, budgets, forecasting, internal controls and management support. The accounting department also supports management in different business operations, providing analysis and support for different decisions and investments (Vitez, 2013). Management accountants work at the beginning of the accounting cycle, recording the financial transactions of a company as they occur (2013). This business role ensures that companies have a good understanding of their financial health, giving executive management the ability to make informed decisions.

The definition of accounting according to Webster 's dictionary is "the system of recording and summarizing business and financial transactions and analyzing, verifying, and reporting the results." The purpose of accounting is to provide financial and business information to possible investors,

Management accounting is about adding real value to the organization by combining accounting, finance and management with the business skills and techniques. It involves in management decision making, devising planning and performance management systems. Management accounting provides expertise in financial reporting and administer to assist management in the formulation and implementation organization's strategy.

The most basic role of the accounting manager is budgeting. “The budgeting process allows managers to allocate resources to the most financially need departments, and eliminates programs and departments that are not effectively using the resources” (Managerial Accountant’s Role in Business Planning, para. 5).

A job analysis defines the jobs in question, specifies what employee behaviors are necessary to perform them, and lastly it develops a hypothesis about the personal characteristics necessary to perform those work behaviors (Cascio & Aguinis, 2011). A job analysis helps individuals especially at the corporate level analyze jobs within their company to see if adjustments need to be made to accommodate needs. A job analysis serves various needs within the organization. The job analysis will analyze organizational design, human resource management, work and equipment design, as well as research purposes, and vocational guidance (Cascio & Aguinis, 2011). A

19 One of the specific purposes of management accounting system is to provide information useful to help the enterprise achieve its goals, objectives, and mission.

In this assignment I am going to talk about job analysis, what is it, importance of it, methods, and advantages. The purpose of this assignment is to make you know how important job analysis is for any organization, and why this is important, because it can help you to improve your firm or organization.

This chapter introduces the concepts of job analysis, job design and quality of work life. The first six sections are devoted to job analysis and examine the collection of data for the purposes of job analysis, the methods of

In Management accounting, managers are provided with accounting information so that they are informed before making decisions on matters, which supports their management and the performance of roles in control within their organizations.

Job analysis- the process of determining the skills needed to do a job and the type of person who should be hired to do the job.

The main aspects of the accounting function is recording, reporting and analyse of financial transactions within a business. The business transaction takes place as a sale, purchase or payment of an expense which is a record of transaction in the organisation's accounting records and this is entered in the book of prime entry. The accounting function involves financial accounting including maintaining books and records and preparing accounts. Management accounting involves appraisal budgeting and treasury which involves cash management and tax affairs. Auditing involves reviewing financial reports and internal

An Accounting Systems Auditor examines accounting records and management systems to assess their efficiency and determine whether they are working as expected or not. The role of an Accounting Systems Auditor entails meeting auditees to cultivate a good set-up for auditing and to help them understand business processes. They collect information and documents from staff and clients and research on how to implement the best systems for the company. They also research and document the efficiency of risk management systems in business, facilitating staff and managers to learn the working of the systems. They conduct a risk assessment and report the results, which they in turn use to come up with policies to manage any