HI5017 Managerial Accounting T2 2019

HOLMES INSTITUTE FACULTY OF HIGHER EDUCATION

Assessment Details and Submission Guidelines

Trimester

T2 2019

Unit Code

HI5017

Unit Title

Managerial Accounting

Assessment Type

Assignment

Assessment Title

Individual Assignment

Purpose of the assessment (with ULO

Mapping)

Students are required to develop their understanding of the purpose and use of management accounting systems, and its usefulness in aiding managers make informed decisions. You are to critically evaluate two journal articles to analyse the practical use of management accounting systems by contemporary companies, in terms of their relevance to the real-life companies’ decision-making by managers and achievement of business goals (ULO 2, 3, 5, 6, 7 & 8)

Weight

30% of the total assessments

Total Marks

30

Word limit

Not more than 3,000 words. Please use “word count” and include in assignment.

Submission Guidelines

All work must be submitted on Blackboard by the due date along with a completed Assignment Cover Page.

The assignment must be in MS Word format, no spacing, 12-pt Arial font and 2 cm margins on all four sides of your page with appropriate section headings and page numbers.

Reference sources must be cited in the text of the report, and listed appropriately at the end in a reference list using Harvard referencing style.

It is the responsibility of the student who is submitting the work, to ensure that the work is in fact her/his own work. Incorporating another’s work or ideas into one’s own work without appropriate acknowledgement is an academic offence. Students should submit all assignments for plagiarism checking on Blackboard before final submission in the subject. For further details, please refer to the Unit Outline and Student Handbook.

Format of the Assignment Submission:

You should at least have the following details:

  1. Assignment Cover page clearly stating your name and student number
  2. Abstract (one paragraph)
  3. Table of Contents
  4. Body of the assignment with appropriate section headings
  5. Conclusion
  6. List of References.

Individual Assignment Specifications

Purpose:

This assignment aims at developing your understanding of the purpose and use of management accounting systems, and its usefulness in aiding managers make informed decisions. You are to critically evaluate two journal articles to analyse the practical use of management accounting systems by contemporary companies, in terms of their relevance to the real-life companies’ decision-making by managers and achievement of business goals.

Assignment Task:

Journal Article Critique (30 Marks)

You are required to read the journal article by Watts, Yapa and Dellaportas (2014), “The Case of a Newly Implemented Modern Management Accounting System in a Multinational Manufacturing Company”, Australasian Accounting, Business and Finance Journal, 8 (2), p. 121-137. The journal article is attached as a separate file in Blackboard under the folder <Assignment>.

Required: Critically evaluate the role of management accounting systems (MAS) and the provision of accounting information for the case company by answering the 4 questions below:

Questions:

  1. Identify any three (3) specific examples of the different types of management accounting methods and/or techniques from the case. (3 marks)
  2. Are MAS relevant to contemporary organisations? Discuss this with reference to:
    1. What evidence is there from the case company? Include examples in your answer. (5 marks)
    2. Compare and contrast this finding with one other journal article you will need to find that has discussed about management accounting systems in another real-life company or companies. Did this second study have similar findings as the first chosen article, or mixed and/or different findings? Explain with examples. (5 marks)
  3. What conclusions do you make about the relevance of MAS in today’s competitive and (in most cases), uncertain business environment? (4 marks)
  4. Provide four (4) specific outcomes or lessons learned from each of the two articles’ research findings that will be useful for management accountants in Australian companies to learn from, and justify your answer [i.e. provide 2 outcomes from each of the two studies]. (8 marks)

Another 5 marks are determined by the overall presentation of your assignment.

Additional Information:

  1. You are encouraged to choose the second journal article from the following Accounting and Management

    Accounting Journals:

    Accounting, Auditing and Accountability Journal
    Journal of Management Accounting Research
    Journal of Applied Management Accounting Research

  2. The journal article need to study a real-life company or companies’ MAS from year 2010 onwards, (in any country).
  3. You can access these journals in ProQuest Database by clicking on the above links. Log in details for ProQuest are - Username: Holmes2004; Password: holmes. These journals can also be accessed via the ProQuest Database link available via the Student Login page in the Holmes website.

Marking Criteria

Marking Criteria

Weighting

Journal Article Critique

1. Identify any three (3) specific examples of the different types of management accounting methods and/or techniques from the case.

3%

2. Are MAS relevant to contemporary organisations? Discuss this with reference to:

i) What evidence is there from the case company? Include examples in your answer.

5%

ii) Compare and contrast this finding with one other relevant journal article you will need to find that has discussed about management accounting systems in another reallife company or companies. Did this second study have similar findings as the first chosen article, or mixed and/or different findings? Explain with examples.

5%

3. What conclusions do you make about the relevance of MAS in today’s competitive and (in most cases), uncertain business environment?

4%

4. Provide four (4) specific outcomes or lessons learned from each of the two articles’ research findings that will be useful for management accountants in Australian companies to learn from, and justify your answer [i.e. provide 2 outcomes from each of the two studies].

8%

Overall Presentation of Assignment

5%

TOTAL Weight

30%

Marking Rubric

Excellent

Very Good

Good

Satisfactory

Unsatisfactory

Journal Article Critique

Examples of the different types of management accounting methods and/or techniques from the case (3 marks)

(3 marks) Identify 3 examples of management accounting methods and/or techniques from the case with very good discussion of the examples.

(2 marks) Identify 3 examples of management accounting methods and/or techniques from the case with good discussion of the examples.

(1.8 marks) Identify 2 - 3 examples of management accounting methods and/or techniques from the case with minor errors and/or omissions in the discussion.

(1.5 marks) Identify 2 - 3 examples of management accounting methods and/or techniques from the case with errors and/or omissions in the discussion.

(0 - 1 mark) Identify 1 or less example of management accounting methods and/or techniques from the case.

Relevance of MAS to contemporary organisations (5 marks)

(5 marks) Present an excellent discussion of the relevance of MAS to contemporary organisations with examples provided from the case company.

(4 marks) Present a very good discussion of the relevance of MAS to contemporary organisations with examples provided from the case company.

(3 marks) Present a good discussion of the relevance of MAS to contemporary organisations with or without examples provided from the case company.

(2 marks) Present a reasonable discussion of the relevance of MAS to contemporary organisations without example provided from the case company.

(0 - 1 mark) Unable to explain the relevance of MAS to contemporary organisations.

Compare and contrast the finding with one other relevant journal article (5 marks)

(5 marks) Clear, concise, compelling discussion with excellent examples.

(4 marks) A very good discussion with very good examples.

(3 marks) A good discussion with good examples.

(2 marks) Adequate discussion with adequate examples.

(0 - 1 mark) Unable to present a proper discussion with no examples or confusing.

Conclusions about the relevance of MAS in today’s business environment (4 marks)

(4 marks) Clear, concise, compelling conclusions about the relevance of MAS in today’s competitive and uncertain business environment.

(3.5 marks) Very good conclusions about the relevance of MAS in today’s competitive and uncertain business environment.

(3 marks) Good conclusions about the relevance of MAS in today’s competitive and uncertain business environment.

(2.5 marks) Adequate conclusions about the relevance of MAS in today’s competitive and uncertain business environment.

(0 – 1.5 marks) Unable to present proper conclusions or confusing.

Outcomes or lessons learned from each of the two articles’ research findings (8 marks)

(8 marks) Clear, concise, compelling discussion of 4 lessons learned (2 from each study).

(6 marks) A very good discussion of 4 lessons learned (2 from each study).

(4 marks) A good discussion of 4 lessons learned (2 from each study).

(2.5 marks) An adequate discussion of 4 lessons learned (2 from each study).

(0 – 1.5 marks) Unable to present a proper discussion of 4 lessons learned (2 from each study).

Overall Presentation (5 marks)

(5 marks) Include all elements and is very well presented. Writing flows clearly and sections are linked very effectively. Referencing is exemplary.

English is used very effectively and error-free.

(4 marks) Include all elements and is well presented. Writing flows clearly and sections are linked effectively. Referencing is of a high standard. English is used effectively with very few errors present.

(3 marks) Include all elements and is generally presented appropriately. Writing mostly flows well and sections are linked.

Referencing is in accordance with guidelines. English is used effectively with few errors present.

(2 marks) Include most elements and is adequately presented. Writing sometimes does not flow clearly leaving the paper to seem disjointed in areas.

Referencing is somewhat in accordance with guidelines. Basic English is used with some errors present.

(0 - 1 mark) Lack key elements and is poorly presented. Writing does not flow clearly leaving the paper to seem disjointed. Referencing is not in accordance with relevant guidelines. Basic English is used with errors present.

Total Marks (30)

30

Diploma Universities Assignments

Laureate International Universities Assignment

Holmes Institute Assignment

Tafe NSW

Yes College Australia

ACC508 Informatics and Financial Applications Task 2 T2, 2019

ACC512 Accounting

ACC520 Legal Regulation of Business Structures Semester 2, 2019

ACCT20074 Contemporary Accounting Theory Term 2 Assessment 3

AERO2463 Computational Engineering Analysis : Assignment 4

B01DBFN212 Database Fundamentals Assessment 1

BE01106 - Business Statistics Assignment

BFA301 Advanced Financial Accounting

BFA504 Accounting Systems Assessment 3

BSB61015 Advanced Diploma of Leadership and Management

BSBADV602 Develop an Advertising Campaign

BSBCOM603 Plan and establish compliance management systems case study

BSBCOM603 Plan and establish compliance management systems Assessment Task 1

BSBCOM603 Plan and establish compliance management systems Assessment Task 2

BSBCOM603 Plan and establish compliance management systems Assessment Task 3

BSBFIM501 Manage Budgets And Financial Plans Assessment Task 1

BSBHRM602 Manage Human Resources Strategic Planning

BSBINM601 Manage Knowledge and Information

BSBWOR501 Assessment Task 3 Plan Personal Development Plan Project

BSBMGT517 Manage Operational Plan

BSBWHS521 Ensure a Safe Workplace For a Work Area

BSBWRK510 Manage employee relations

BUSS1030 Accounting, Business and Society

CAB202 Microprocessors and Digital Systems Assignment Help

CHC40213 Certificate IV in Education Support

CHCAGE001 Facilitate the empowerment of older people

CHCAGE005 Provide support to people living with dementia

CHCCCS023 Support independence and wellbeing

CHCCCS025 Support relationships with carers and families

CHCCOM005 Communicate and CHCLEG001 Work Legally Ethically

CHCDIS002 Follow established person-centred behaviour supports

CHCECE019 Early Childhood Education and Care

CHCHCS001 Provide home and community support services

COMP10002 Foundations of Algorithms

COMP90038 Algorithms and Complexity

COSC2633/2637 Big Data Processing

COSC473 Introduction to Computer Systems

CPCCBC5011A Manage Environmental Management Practices And Processes In Building And Construction

CPCCBC5018A Apply structural Principles Medium rise Construction

CSE3OSA Assignment 2019

ELEC242 2019 Session 2

ENN543 Data Analytics and Optimisation

ENN543 Data Analytics and Optimisation Semester 2, 2019

FINM202 Financial Management Assessment 3 Group Report

Forensic Investigation Case Assignment ECU University

HA2042 Accounting Information Systems T2 2019

HC1010 Holmes Institute Accounting For Business

HC2112 Service Marketing and Relationship Marketing Individual Assignment T2 2019

HC2121 Comparative Business Ethics & Social Responsibility T2 2019

HI5002 Holmes Institute Finance for Business

HI5003 Economics for Business Trimester 2 2019

HI5004 Marketing Management T1 2020 Individual Report

HI5004 Marketing Management T1 2020 Group Report

HI5004 Holmes Institute Marketing Management

HI5014 International Business across Borders Assignment 1

HI5014 International Business across Borders

HI5017 Managerial Accounting T2 2019

HI5017 Managerial Accounting T1 2019

HI5019 Tutorial Questions 1

HI5019 Strategic Information Systems for Business and Enterprise T1 2020

HI5019 Holmes Institute Strategic Information Systems T2

HI5019 T2 2019

HI5019 T1 2019

HI5020 Corporate Accounting T3 2019

HI5020 Corporate Accounting T2 2019

HI6005: Management and Organisations in a Global Environment

HI6006 Tutorial questions

HI6006 Competitive Strategy Individual T1 2020

HI6006 Holmes Institute Competitive Strategy

HI6006 Competitive Strategy T3 2019

HI6007 Statistics for business decisions

HI6007 Assessment 2 T1 2020

HI6007 T1 2019

HI6008 T2 2019

HI6008 Holmes Institute Research Project

HI6025 Accounting Theory and Current Issues

HI6026 Audit, Assurance and Compliance Assignment Help

HI6026 Audit, Assurance and Compliance

HI6027 business and corporate law tutorial Assignment T1 2021

HI6027 Business and Corporate Law T3 2019

HI6027 Business and Corporate Law T2 2019

HI6028 Taxation Theory, Practice and Law T2 2021

Hi6028 taxation theory, practice and law Final Assessment t1 2021

HI6028 Taxation Theory, Practice and Law T2 2019

HI6028 Taxation Theory T1 2019

HI6028 Taxation Law Holmes

HLTAAP001 Recognise healthy body systems

HLTWHS002 Follow safe practices for direct client care

HOTL5003 Hotel Property and Operations

HPS771 - Research Methods in Psychology A

HS2021 Database Design

ICTICT307 Customise packaged software applications for clients

IFN619 Data Analytics for Strategic Decision Makers

INF80028 Business Process Management Swinburne University

ISY2005 Case Assignment Assessment 2

ISYS326: Information Systems Security Assignment 2, Semester 2, 2019

ITAP3010 Developing Data Access Solutions Project

ITECH1103- Big Data and Analytics – Lab 3 – Working with Data Items

ITECH1103- Big Data and Analytics Assignment Semester 1, 2020

ITECH 5500 Professional Research and Communication

Kent Institute Australia Assignment

MA5830 Data Visualisation Assignment 2

MGMT7020 Project Management Plan

Mgt 301 Assessment 3

MGT215 Project Management Individual Assignment

MIS102 Data and Networking Assignment Help

MITS4002 Object Oriented Software Development

MITS5002 Software Engineering Methodology

MKT01760 Tourism Planning Environments Assessment 4

MKT01760 Tourism Planning Environments

MKT01906 International Tourism Systems

MKT5000 Marketing Management S2 2019

MNG03236 Report Writing SCU

MRE5003 Industrial Techniques In Maintenance Management Assignment 4

MRE5003 Industrial Techniques In Maintenance Management Assignment 3

MRE5003 Industrial Techniques In Maintenance Management

Network Security and Mitigation Strategies Answers

NIT2213 Software Engineering Assignment

NSB231 Integrated Nursing Practice Assessment Task 1

Science Literacy Assessment 4

SIT323 Practical Software Development T 2, 2019

SIT718 Using aggregation functions for data analysis

SITXCOM002 Show Social and Cultural Sensitivity

TLIL5055 Manage a supply chain

TLIR5014 Manage Suppliers

USQ ACC5502 Accounting and Financial Management

UTS: 48370 Road and Transport Engineering Assessment 2

CHCAGE001 Facilitate the empowerment of older people

CHCAGE005 Provide support to people living with dementia

CHCCCS011 Meet personal support needs

CHCCCS015 Provide Individualised Support

CHCCCS023 Support independence and wellbeing

CHCCCS025 Support relationships with carers and families

CHCCOM005 Communicate and work in health or community services

CHCDIS001 Contribute to ongoing skills development

CHCDIS002 Follow established person-centred behaviour supports

CHCDIS003 Support community participation and social inclusion

CHCDIS005 Develop and provide person-centred service responses

CHCDIS007 Facilitate the empowerment of people with disability

CHCDIS008 Facilitate community participation and social inclusion

CHCDIS009 Facilitate ongoing skills development

CHCDIS010 Provide person-centred services

CHCDIV001 Work with diverse people

CHCHCS001 Provide home and community support services

CHCLEG001 Work legally and ethically

CHCLEG003 Manage legal and ethical compliance

HLTAAP001 Recognise healthy body systems

HLTAID003 Provide First Aid

HLTHPS007 Administer and monitor medications

HLTWHS002 Follow safe work practices for direct client care

Assignment 2 Introduction to Digital Forensics

MGT603 Systems Thinking Assessment 1

MGT603 Systems Thinking Assessment 2

Hi5017 Managerial Accounting T1 2021

HI6028 Taxation Theory, Practice and Law T1 2021

OODP101 Assessment Task 3 T1 2021

ITNE2003R Network Configuration and Management Project

Australia Universities

ACT

Australian Catholic University

Australian National University

Bond University

Central Queensland University

Charles Darwin University

Charles Sturt University

Curtin University of Technology

Deakin University

Edith Cowan University

Flinders University

Griffith University

Holmes Institute

James Cook University

La Trobe University

Macquarie University

Monash University

Murdoch University

Queensland University of Technology

RMIT University

Southern Cross University

Swinburne University of Technology

University of Adelaide

University of Ballarat

University of Canberra

University of Melbourne

University of Newcastle

University of New England

University of New South Wales

University of Notre Dame Australia

University of Queensland

University of South Australia

University of Southern Queensland

University of Sydney

University of Tasmania

University of Technology Sydney

University of the Sunshine Coast

University of Western Australia

University of Wollongong

Victoria University

Western Sydney University

Year 11 - 12 Certification Assignment

Australian Capital Territory Year 12 Certificate

HSC - Higher School Certificate

NTCE - Northern Territory Certificate of Education

QCE - Queensland Certificate of Education

SACE - South Australian Certificate of Education

TCE - Tasmanian Certificate of Education

VCE - Victorian Certificate of Education

WACE - Western Australia Certificate of Education