Background :You were recently employed as a management trainee in a manufacturing firm. The Managing Director of your company had formed a taskforce was formed to explore the possibility of...

Background :You were recently employed as a management trainee in a manufacturing firm. The Managing Director of your company had formed a taskforce was formed to explore the possibility of implementing an Activity-Based Budgeting system in the company. You were assigned to the taskforce due to your accounting background.
Required :Your group is required to prepare a report to comment on the suitability of Activity-Based Budgeting for a ASX-listed manufacturing company of your group’s choice (your company). The report should cover the followings: a) A description of your company b) A description of the Activity-Based Budgeting and its features c) In what ways Activity-Based Budgeting differ from traditional budgeting system d) In what ways Activity-Based Budgeting can facilitate planning and control activities in your company e) A discussion on whether the Activity-Based Budgeting is suitable to your company


HOLMES INSTITUTE FACULTY OF HIGHER EDUCATION HA2011 Management Accounting Group Assignment T3 2019 Assessment Details and Submission Guidelines Trimester T3 2019 Unit Code HA2011 Unit Title Management Accounting Assessment Type Group Assignment Assessment Title Case Study – Activity-Based Budgeting Purpose of the assessment (with ULO Mapping) Students are required to:  Implement systems to plan and control business operations (ULO 7) Weight 30% of the total assessments Total Marks 30 Word limit Not more than 3,000 words Due Date Week 10, Friday 5:00 pm (AEST) Submission Guidelines  Students should complete the assignment in groups of 2 – 5 students. Students must inform the lecturer of their class the membership of their groups before the end of week 8.  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. Page 2 of 4 HA2011 Management Accounting Group Assignment T3 2019 Assignment Specifications Background You were recently employed as a management trainee in a manufacturing firm. The Managing Director of your company had formed a taskforce was formed to explore the possibility of implementing an Activity-Based Budgeting system in the company. You were assigned to the taskforce due to your accounting background. Required Your group is required to prepare a report to comment on the suitability of Activity-Based Budgeting for a ASX-listed manufacturing company of your group’s choice (your company). The report should cover the followings: a) A description of your company b) A description of the Activity-Based Budgeting and its features c) In what ways Activity-Based Budgeting differ from traditional budgeting system d) In what ways Activity-Based Budgeting can facilitate planning and control activities in your company e) A discussion on whether the Activity-Based Budgeting is suitable to your company Assignment Structure The report should include the following components:  Assignment cover page clearly stating your name and student number  A table of contents, executive summary  A brief introduction or overview of what the report is about.  Body of the report with sections to answer the above issues and with appropriate section headings  Conclusion  List of references The report should be grounded on relevant literature and all references must be properly cited and included in the reference list. To ensure that all students participate equitably in the group assignment and that students are responsible for the academic integrity of all components of the assignment. All groups need to include a table which identifies which student/students are responsible for the various sections of the assignment Assignment Section Student/Students This table needs to be completed and submitted with the assignment as it is a compulsory component required before any grading is undertaken. Page 3 of 4 HA2011 Management Accounting Group Assignment T3 2019 Marking criteria Marking criteria Weighting Description of the Chosen Company 3% Description of Activity-Based Budgeting and its Features 6% The Difference between Activity-Based Budgeting and Traditional Budgeting System 6% Ways that Activity-Based Budgeting Can Facilitate Panning and Control Activities in the Chosen Company 6% Suitability of Activity-Based Budgeting for the Chosen Company 3% Presentation 3% Research quality 3% TOTAL Weight 30% Marking Rubric Excellent Very Good Good Satisfactory Unsatisfactory Description of the Chosen Company /3 An excellent description of the chosen company A very good description of the chosen company A good description of the chosen company An adequate description of the chosen company A poor or incomplete description of the chosen company Description of Activity-Based Budgeting and its Features /6 Demonstrate an excellent understanding of Activity-Based Budgeting and its features. Demonstrate a very good understanding of Activity-Based Budgeting and its features. Demonstrate a good understanding of Activity-Based Budgeting and its features. Demonstrate an adequate understanding of Activity-Based Budgeting and its features. Unable to demonstrate an adequate understanding of Activity-Based Budgeting and/or its features. The Difference between Activity-Based Budgeting and Traditional Budgeting System /6 Demonstrate an excellent understanding of the difference between Activity-Based Budgeting and traditional budgeting system. Demonstrate a very good understanding of the difference between Activity-Based Budgeting and traditional budgeting system. Demonstrate a good understanding of the difference between Activity-Based Budgeting and traditional budgeting system. Demonstrate an adequate understanding of the difference between Activity-Based Budgeting and traditional budgeting system. Unable to demonstrate an understanding of the difference between Activity-Based Budgeting and traditional budgeting system. Ways that Activity-Based Budgeting Can Facilitate Panning and Control Activities in the Chosen Company /6 Present an excellent discussion of the ways that Activity-Based Budgeting can facility planning and control activities. Present a very good discussion of the ways that Activity-Based Budgeting can facility planning and control activities. Present a good discussion of the ways that Activity-Based Budgeting can facility planning and control activities. Present a reasonable discussion of the ways that Activity-Based Budgeting can facility planning and control activities. Unable to present a proper discussion of the ways that Activity-Based Budgeting can facility planning and control activities. Page 4 of 4 HA2011 Management Accounting Group Assignment T3 2019 Suitability of Activity-Based Budgeting for the Chosen Company /3 Present an excellent discussion of the suitability of Activity-Based Budgeting for the chosen company. Present a very good discussion of the suitability of Activity-Based Budgeting for the chosen company. Present a good discussion of the suitability of Activity-Based Budgeting for the chosen company. Present a reasonable discussion of the suitability of Activity-Based Budgeting for the chosen company. Unable to present a proper discussion of the suitability of Activity-Based Budgeting for the chosen company. Presentation /3 Report included all elements and was very well presented. Writing flowed clearly and sections were linked very effectively. Referencing was exemplary. English was used very effectively and was error- free. Report included all elements and was well presented. Writing flowed clearly and sections were linked effectively. Referencing was of a high standard. English was used effectively with very few errors present. Report included all elements and was generally presented appropriately. Writing mostly flowed well and sections were linked. Referencing was in accordance with guidelines. English was used effectively with few errors present. Report included most elements and was adequately presented. Writing sometimes did not flow clearly leaving the paper to seem disjointed in areas. Referencing was somewhat in accordance with guidelines. Basic English was used with some errors present. Report lacked some elements and was poorly presented. Writing often did not flow clearly leaving the paper to seem somewhat disjointed. Referencing was not entirely in accordance with relevant guidelines. Basic English was used with errors present. Research Quality /3 An extensive amount of high- quality evidence from peer- reviewed journal articles and other sources was included and used effectively to support discussion. A broad range of quality peer- reviewed journal references and other sources was included and used effectively to support discussion. An adequate range of peer- reviewed journal references was included and used to support discussion. An adequate range of peer- reviewed journal references was included and used to a basic extent to support discussion. Little or no peer- reviewed journal references were included and these were rarely used to support discussion effectively.