HI5017 Managerial Accounting T2 2019

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.

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%

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