HOLMES INSTITUTE FACULTY OF HIGHER EDUCATION HI5017 MANAGERIAL ACCOUNTING INDIVIDUAL REFLECTIVE JOURNAL T2 2020 Assessment Details and Submission Guidelines Trimester T2 2020 Unit Code HI5017 Unit...

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HOLMES INSTITUTE FACULTY OF HIGHER EDUCATION HI5017 MANAGERIAL ACCOUNTING INDIVIDUAL REFLECTIVE JOURNAL T2 2020 Assessment Details and Submission Guidelines Trimester T2 2020 Unit Code HI5017 Unit Title Managerial Accounting Assessment Type Individual Assignment Assessment Title Reflective Journal Purpose of the assessment (with ULO Mapping) The purpose of this assessment is to ensure each student is able to provide a critical reflection of their personal learning process, as experienced during this unit (ULO 1). Weight 10% of the total assessments Total Marks 10 Word limit 1,000 words. Please use “word count” and include the word count in the assignment cover page. Due Date Week 11 Monday, 28 September 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. Page 2 of 4 HI5017 MANAGERIAL ACCOUNTING INDIVIDUAL REFLECTIVE JOURNAL T2 2020 Individual Reflective Journal Specifications Purpose: The Individual Reflective Journal is to ensure each student is able to provide a critical reflection of their personal learning process, as experienced during this unit. A significant aspect of the reflective journal will be your reflections on what you learnt and experienced from your individual assignment. Assignment Task: 1. Reflections on any topics covered in the unit that interests you the most. Why was it interesting and what did you learn from it? 2. Reflections on what you learned from the individual assignment, including the relevance of your chosen costing system to businesses. What insights did you gain and what had you learnt from it? 3. Reflections on your overall research experience from the individual assignment (e.g. looking for journal articles, reading and reviewing the literature etc.) What was enjoyable, what was difficult, and any challenges you experienced? Assignment Structure: The reflective journal should include the following components: a. Assignment Cover Page clearly stating your name and student number b. Table of contents (optional) c. A brief introduction or overview of what the assignment is about d. Body of the assignment with the written answers e. Conclusion There is to be no references provided, as these are your own thoughts, insights and experiences. Page 3 of 4 HI5017 MANAGERIAL ACCOUNTING INDIVIDUAL REFLECTIVE JOURNAL T2 2020 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 1. Reflections on any one topic covered in the unit. 4% 2. Reflections on what you learned from the individual assignment. 3% 3. Reflections on the research experience. 3% TOTAL Weight 10% Page 4 of 4 HI5017 MANAGERIAL ACCOUNTING INDIVIDUAL REFLECTIVE JOURNAL T2 2020 Marking Rubric Excellent Very Good Good Satisfactory Unsatisfactory Reflections on any one topic covered in the unit (4 marks) (3.6 – 4 marks) Excellent reflections on a topic covered in the unit. (2.9 – 3.5marks) Very good reflections on a topic covered in the unit. (2.1 – 2.8 marks) Good reflections on a topic covered in the unit. (1.6 - 2 marks) Reasonable reflections on a topic covered in the unit. (0 – 1.5 mark) Unable to present a proper reflection on a topic covered in the unit. Reflections on what you learned from the individual assignment (3 marks) (2.1 – 3 marks) Excellent reflections on the insights gained from the individual assignment. (1.9 - 2 marks) Very good reflections on the insights gained from the individual assignment (1.6 – 1.8 marks) Good reflections on the insights gained from the individual assignment (1.1 – 1.5marks) Reasonable reflections on the insights gained from the individual assignment (0 - 1 marks) Unable to present a proper reflection on the insights gained from the individual assignment Reflections on the research experience (3 marks) (2.1 – 3 marks) Excellent reflections on the research experience. (1.9 - 2 marks) Very good reflections on the research experience. (1.6 – 1.8 marks) Good reflections on the research experience. (1.1 – 1.5marks) Reasonable reflections on the research experience. (0 - 1 marks) Unable to present a proper reflection on the research experience. Total Marks (10) /10
Answered Same DaySep 23, 2021HI5017

Answer To: HOLMES INSTITUTE FACULTY OF HIGHER EDUCATION HI5017 MANAGERIAL ACCOUNTING INDIVIDUAL REFLECTIVE...

Harshit answered on Sep 27 2021
144 Votes
MANEGERIAL ACCOUNTING
REFLECTIVE JOURNAL
TABLE OF CONTENTS
    Sl. No.
    Contents
    Page Number
    1.
    Introduction
    3
    2.
    Reflective Journal
    4-5
    3.
    Conclusion
    6
INTRODUCTION
The repor
t is a reflective journal about the learning experience regarding the individual assignment done in section Managerial Accounting. It was about the topic of Activity-Based Costing. The report will provide the detail of the complete learning process which I have experienced. It will provide insights about my learning outcomes, challenges faced, benefits obtained, experience gained, etc. while doing my assignment.
REFLECTIVE JOURNAL
The topic covered in the unit Managerial Accounting regarding the study on a particular Costing System in detail (I had selected Activity Based Costing) has interested me the most. The most interesting part of the assignment was that I came to know not just one but about the four different costing systems, i.e. Activity-Based Costing, Process-Costing, Job-costing, etc. (from where I had to select one). I learned about the most used costing system in Australia and the areas where they are applied. Out of the options provided for selecting any one costing system, I choose the Activity-Based Costing System. It is relevant in almost all the manufacturing companies in Australia. ABC Costing is considered to be one of the most important and relevant financial as well as an accounting tool that provides accurate information about the economic performances of companies. It is used for determining the cost of overhead in a production process and has helped me in understanding the two-way process that is used in allocating costs to activities. Hence, I found the topic to be an interesting one.
Starting from the beginning, in the individual assignment, I have learned about the concept and the practical use of the Activity-Based Costing system in an organization. The features that were described in detail stating it to be a two-way process...
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