Unit Code HI5017 Managerial Accounting

Assessment Details and Submission Guidelines
Trimester T3 2020
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 (MAS) and its usefulness in aiding managers make informed decisions. You are to
critically evaluate the literature (using journal articles) to analyse the practical use of MAS by contemporary
companies, in terms of their relevance to the real-life companies’ decision-making by managers and
achievement of business goals (ULO 1, 3 & 4)
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.
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Due Date Week 9 Wednesday, 27 January 2020 at 11.59 p.m.
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.
HI5017 MANAGERIAL ACCOUNTING INDIVIDUAL ASSIGNMENT T3 2020
Individual Assignment Specifications
Purpose:
This assignment aims at developing your understanding of the purpose and use of Management Accounting
Systems (MAS) and its usefulness in aiding managers make informed decisions. You are to critically evaluate
the literature (using journal articles) to analyse the practical use of MAS by contemporary companies, in
terms of their relevance to the real-life companies’ decision-making by managers and achievement of
business goals.
Assignment Task: You are required to conduct a literature search and critically review a specific MAS in this
assignment.
Part A
Choose ONE of the MAS studied in this unit from the list below, and answer the questions that follow:
• Budgeting System
OR
• Standard Costing System
Questions:
1. Briefly discuss the features of your chosen MAS. (3 marks)
2. Discuss the potential benefits of your chosen MAS. (3 marks)
3. List 4 specific examples of the type of information your chosen MAS can provide to assist managers make
decisions. (2 marks)
4. Identify 1 specific Australian organisation that your chosen MAS is suited for and explain why. (3 marks)
Part B
Choose one peer reviewed journal article (from any country) on the: Use of your chosen MAS in a real-life
organisation (i.e. a case-based empirical study). The article should be published between 2000 – 2020.
Choose your article only after you have accessed and reviewed several relevant articles, and then choose the
best article that will answer the questions below.
Questions:
1. Based on your chosen journal article, briefly summarise how the MAS was designed and implemented in
the real-life organisation. (4 marks)
2. Based on your chosen journal article, did the MAS in the study satisfy the features discussed in Part A (Q1
and Q2)? Why or why not? Include examples in your answer from your journal article. (4 marks)
3. Based on your chosen journal article, how useful was the accounting information to the internal users in
the organisation? Discuss with examples from your journal article. (4 marks)
4. Based on your literature findings, state two key lessons that would inform contemporary organisations
about the practical use of your chosen MAS. (4 marks)
Additional Information:
a) You are encouraged to choose the 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
b) 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
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ProQuest Database link available via the Student Login page in the Holmes website. You can also use Google
Scholar. Don’t use Google.
c) Your chosen journal article in Part B must be uploaded (as a separate PDF file) together with your
assignment (as a MS WORD file format) in Blackboard under the folder Individual Assignment . 5 marks
will be deducted if you do not submit the journal article with your assignment.
Assignment Structure:
The report should include the following components:
a. Assignment cover page clearly stating your name and student number
b. Abstract (one paragraph)
c. Table of contents
d. A brief introduction or overview of what the report is about.
e. Body of the assignment with appropriate section headings
f. Conclusion
g. List of References.
Academic Integrity
Holmes Institute is committed to ensuring and upholding Academic Integrity, as Academic Integrity is
integral to maintaining academic quality and the reputation of Holmes’ graduates. Accordingly, all
assessment tasks need to comply with academic integrity guidelines. Table 1 identifies the six categories of
Academic Integrity breaches. If you have any questions about Academic Integrity issues related to your
assessment tasks, please consult your lecturer or tutor for relevant referencing guidelines and support
resources. Many of these resources can also be found through the Study Sills link on Blackboard.
Academic Integrity breaches are a serious offence punishable by penalties that may range from deduction of
marks, failure of the assessment task or unit involved, suspension of course enrolment, or cancellation of
course enrolment.
Table 1: Six categories of Academic Integrity breaches
Plagiarism Reproducing the work of someone else without attribution. When a student submits their own
work on multiple occasions this is known as self-plagiarism.
Collusion Working with one or more other individuals to complete an assignment, in a way that is not
authorised.
Copying Reproducing and submitting the work of another student, with or without their knowledge. If a
student fails to take reasonable precautions to prevent their own original work from being copied, this may
also be considered an offence.
Impersonation Falsely presenting oneself, or engaging someone else to present as oneself, in an in-person
examination.
Contract cheating Contracting a third party to complete an assessment task, generally in exchange for money
or other manner of payment.
Data fabrication and falsification Manipulating or inventing data with the intent of supporting false
conclusions, including manipulating images.
Source: INQAAHE, 2020
Marking Criteria
Marking Criteria Weighting
Part A
1. Briefly discuss the features of your chosen MAS. 3%
2. Discuss the potential benefits of your chosen MAS. 3%
3. List 4 specific examples of the type of information your chosen MAS can provide to assist managers make
decisions. 2%
4. Identify 1 specific Australian organisation that your chosen MAS is suited for and explain why. 3%
Part B
1. Based on your chosen journal article, briefly summarise how the MAS was designed and implemented in
the real-life organisation. 4%
2. Based on your chosen journal article, did the MAS in the study satisfy the features discussed in Part A (Q1
and Q2)? Why or why not? Include examples in your answer from your journal article. 4%
3. Based on your chosen journal article, how useful was the accounting information to the internal users in
the organisation? Discuss with examples from your journal article. 4%
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4. Based on your literature findings, state two key lessons that would inform contemporary organisations
about the practical use of your chosen MAS. 4%
Overall Presentation of Assignment 3%
TOTAL Weight 30%
Marking Rubric
Excellent Very Good Good Satisfactory Unsatisfactory
Part A
Briefly discuss the features of your chosen
MAS. (3 marks) (2.1 – 3 marks) Present an excellent discussion of the features of your chosen MAS. (1.9 – 2
marks) Present a very good discussion of the features of your chosen MAS. (1.6 – 1.8 marks) Present a good
discussion of the features of your chosen MAS. (1.1 – 1.5marks) Present a reasonable discussion of the
features of your chosen MAS. (0 – 1 marks) Unable to explain the features of your chosen MAS.
Discuss the potential benefits of your chosen
MAS. (3 marks) (2.1 – 3 marks) Present an excellent discussion of the potential benefits of your chosen MAS.
(1.9 – 2 marks) Present a very good discussion of the potential benefits of your chosen MAS. (1.6 – 1.8
marks) Present a good discussion of the potential benefits of your chosen MAS. (1.1 – 1.5marks) Present a
reasonable discussion of the potential benefits of your chosen MAS. (0 – 1 marks) Unable to explain the
potential benefits of your chosen MAS.
List 4 specific examples of the type of information your chosen MAS can
provide to assist managers make
decisions. (2 marks) (1.7 – 2 marks) Clear, concise
and excellent list of 4
examples of the
type of information your chosen MAS can
provide to assist (1.3 – 1.6marks) A very good list of 4 examples of the type of information your chosen
MAS can
provide to assist managers make decisions. (0.9 – 1.2 marks) A good list of 4 examples of the type of
information your chosen MAS can
provide to assist managers make decisions. (0.5 –0.8 marks)
Adequate list of 4 examples of the type of information your chosen MAS can
provide to assist managers make decisions. (0 – 0.4 marks) Unable to present a proper list of 4 examples of
the
type of information your chosen MAS can
provide to assist
managers make decisions. managers make decisions. or confusing.
Identify 1 specific Australian organisation that your chosen MAS is suited for and explain why. (3 marks)
(2.1 – 3 marks)
1 specific Australian organisation identified that is suited to your
chosen MAS
with clear, concise compelling explanation to justify it. (1.9 – 2 marks)
1 specific Australian organisation identified that is suited to your chosen MAS with very good explanation to
justify it. (1.6 – 1.8 marks)
1 specific Australian organisation identified that is suited to your chosen MAS with good explanation to
justify it. (1.1 – 1.5marks)
1 specific Australian organisation identified that is suited to your chosen MAS with adequate explanation to
justify it. (0 – 1 marks) Unable to identify 1 specific Australian organisation
that is suited to your chosen MAS and to justify it.
Part B
Based on your chosen journal article, briefly
summarise how the MAS was designed and implemented in the reallife organisation. (4 marks) (3.6 – 4
marks) Present an excellent discussion of how the MAS was designed and implemented in your real-life
organisation based on your journal article.
(2.9 – 3.5marks) Present a very good discussion of how the MAS was designed and implemented in your
real-life organisation based on your journal article. (2.1 – 2.8 marks) Present a good discussion of how the
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MAS was designed and implemented in your real-life organisation based on your journal article. (1.6 – 2
marks) Present a reasonable discussion of how the MAS was designed and implemented in your real-life
organisation based on your journal article. (0 – 1.5 marks) Unable to explain how the MAS was designed and
implemented in your real-life organisation based on your journal article, or confusing.
Based on your chosen journal article, did the MAS in the study satisfy the features discussed in Part A (Q1
and Q2)? Why or why not? Include examples in your answer from your journal article.
(4 marks)
(3.6 – 4 marks) Clear, concise, compelling discussion on whether the MAS in the study satisfy the features
discussed in Part A (Q1 and Q2) with examples provided from your journal article. (2.9 – 3.5marks) Present a
very good discussion on whether the costing system in the study satisfy the features discussed in Part A (Q1
and Q2) with examples provided from your journal article. (2.1 – 2.8 marks) Present a good discussion on
whether the costing system in the study satisfy the features discussed in Part A (Q1 and Q2) with examples
provided from your journal article. (1.6 – 2 marks) Present a reasonable discussion on whether the costing
system in the study satisfy the features discussed in Part A (Q1 and Q2) with examples provided from your
journal article. (0 – 1.5 marks) Unable to explain whether the costing system in the study satisfy the features
discussed in Part A (Q1 and Q2) with lack of examples provided from your journal article, or
confusing,
Based on your chosen journal article, how useful was the accounting information to the internal users in the
organisation? Discuss with examples from your journal article. (4 marks) (3.6 – 4 marks) Present an excellent
discussion of how useful the accounting information was to the internal (2.9 – 3.5marks) Present a very good
discussion of how useful the accounting information was to the internal users in the (2.1 – 2.8 marks) Present
a good discussion of how useful the accounting information was to the internal users in the (1.6 – 2 marks)
Present a reasonable discussion of how useful the accounting information was to the internal (0 – 1.5 marks)
Unable to explain how useful the accounting information was to the internal users in the
users in the organisation with examples from your journal article. organisation with examples from your
journal article. organisation with examples from your journal article. users in the organisation with examples
from your journal article. organisation with examples from your journal article, or confusing.
Based on your literature findings, state two key lessons that would inform contemporary organisations about
the practical use of your chosen MAS. (4 marks) (3.6 – 4 marks) Clear, concise, compelling two key lessons
that would inform contemporary organisations about the practical use of your chosen MAS. (2.9 – 3.5marks)
A very good two key lessons that would inform contemporary organisations about the practical use of your
chosen MAS. (2.1 – 2.8 marks) A good two key lessons that would inform contemporary organisations about
the practical use of your chosen MAS. (1.6 – 2 marks) An adequate two key lessons that would inform
contemporary organisations about the practical use of your chosen MAS. (0 – 1.5 marks) Unable to present
two key lessons that would inform contemporary organisations about the practical use of your chosen MAS,
or confusing.
Overall Presentation (3 marks) (2.1 – 3 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. (1.9 – 2 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. (1.6 – 1.8 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. (1.1 –
1.5marks) 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 marks) 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

QUICK QUOTE

Approximately 250 words