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i will send my assigement tp my tutorHOLMES INSTITUTE    FACULTY OF  HIGHER EDUCATION      HI5017 MANAGERIAL ACCOUNTING INDIVIDUAL ASSIGNMENT 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.   Due Date Week 10 Sunday 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.   Format of the Assignment Submission:   You should at least have the following details:   a. Assignment Cover page clearly stating your name and student number  b. Abstract (one paragraph)  c. Table of Contents   d. Body of the assignment with appropriate section headings  e. Conclusion   f. List of References.  Page 2 of 5  HI5017 MANAGERIAL ACCOUNTING INDIVIDUAL ASSIGNMENT T2 2019  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 .    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:      i) What evidence is there from the case company? Include examples in your answer. (5 marks)        ii) 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:                 a) 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   b) The journal article need to study a real-life company or companies’ MAS from year 2010 onwards, (in any  country).  c) 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.   https://search.proquest.com/business/publication/publications_31671?accountid=30552 https://search.proquest.com/business/publication/31820/citation/6A92B992C7C74BC4PQ/3?accountid=30552 https://search.proquest.com/business/publication/publications_40108?accountid=30552  Page 3 of 5  HI5017 MANAGERIAL ACCOUNTING INDIVIDUAL ASSIGNMENT T2 2019  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 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%  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%        Page 4 of 5  HI5017 MANAGERIAL ACCOUNTING INDIVIDUAL ASSIGNMENT T2 2019  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,

Sarabjeet · Accepted Answer

Marketing Accounting
Table of Contents
Introduction	2
1. Identification of specific examples of the different types of management accounting methods and/or techniques from the case.	2
2. Are MAS relevant to contemporary organisations? Discuss on the evidence taken from the case company?	4
ii) Comparison of two different life examples	6
3. Conclusion relevance of MAS in today’s competitive and uncertain business environment?	7
4. Specific outcomes or lessons learned from each of the two articles’ research findings that will be useful for management accountants in Australian companies	8
Conclusion	11
References	13
Introduction 
Managerial accounting is so significant because it acts as a bridge within the finance function other parts of the business activities. It supports the management controlling the business entity. Accounting is linked with the language of business as the business of finance and commerce has different limitations and variations. Long term techniques and strategies for performing the business are important for ensuring certain profits but it can be critical for the management to focus on the objectives of the company in a direction towards the potential and growth opportunities. The main goal of marketing managers is to accomplish customer demands within the future and current time. The current study will be discussing the different types of management accounting systems. The study also analyses the relevancy of the management accounting system and contemporary organisation. The assessment deals with the management accounting system in other real-life examples of the organisations.
1. Identification of specific examples of the different types of management accounting methods and/or techniques from the case. 
The economy division has also decided to implement further accounting systems. In the words of Otley (2016) the transfer and promotion to the production division mean proper independence from the chief Accountant was the superior of the controller and was to identify the problem of the cost production. From the given case study it has been analysed that there are mainly three types of management accounting such as:
Financial Statement analysis 
The account of profit and loss and balance sheet are crucial annual statements. Therefore report is evaluated for the effective period. The research has concluded various factors about how an organisation can utilise the accounting system in nature. It supports the management controlling the business entity (Maas, et al. 2016).
This kind of investigation is supportive for the organization to analyse the rate of development of concern of business. In the case of Company A, the organisation does not depend on not only internal information. The reason is after the acquisition the entire internal and external market for the new organisation would be changed. As mentioned by Cooper et al. (2017) this kind of analysis is implemented with the comparative financial statement statements, with the common size statements along with the ratio analysis. For instance, Company A faced with the emerging series of disparate financial management and reporting accounting system focusing on the path of divestment and acquisition. The main expectation to serve a platform to cooperate with all the business divisions into an individual instance system was termed to be paramount. 
Financial Planning 
The main goal of any kind of business organisation is the maximisation of profitability. The purpose is mainly accomplishing by developing proper financial planning. Therefore the financial planning is termed as the best tool and techniques for accomplishing the objectives of the business. For instance, the financial planning systems at this stage is said to be inconsequential at Company A and is further applied to obtain annual reports (Chenhall and Moers 2015). 
Fund flow analysis 
This analysis has analysed the association of fund from an individual period to other groups. However, this kind of analysis is analytical to know either the fund is used properly applied or not when measured to last year.  In the viewpoint of Nitzl (2016) the emerging changes in capital from operations are also analysing out this breakdown. For instance, having performed both a management and financial accountant, the BFM was the desire to have a proper understanding of effective concepts. This enabled the researchers to determine the needs of information, from an individual source, of multiple managers, who are in the universal locations (Ro 2019). 
 2. Are MAS relevant to contemporary organisations? Discuss on the evidence taken from the case company?
Management accounting is defined as the profession that includes partnering in management decision making, performance management system and decision making. In the words of Granlund and Lukka (2017) managerial accounting includes analysing, collecting and reporting information along with the operations of the business. Managerial accounting is concerned as the type of accounting that serves the direct information to the decision makers and managers within the organisation or company. Organisational techniques focus on the two categories such as contemporary and traditional. Traditional designs involve simple structure, divisional structure. 
Contemporary designs involve functional structure, matrix structure, and divisional structure. As it has been believed that traditional organisation are analytical in the progress and activities. On the other side, teamwork is defined as the main aspect of modern organisations. As analysed from the case study, it has been analysed that suffering from competitive rivals, company A enhanced an individual strategic plan to observe the strategy remaining at the forefront of production and technology efficiency. As mentioned by Malmi (2016) adopting effective technology corporations in the industry was the major part of the initial strategic direction. Managerial accounting is applied to help the managers to make a proper decision that develops the operational efficiency and effectiveness. The main benefits of contemporary organisational design are that the employees have appropriate freedom to develop the own decisions, and also make effective changes and also take the primary owner of the work with any kind of interferences from the senior management and middle management.
In the traditional company, the power goes from top to bottom, file workers are observed such as cogs in the company and should also implement a certain amount of decisions from which they have no such input (Hall 2016). But in case of cultural changes in the organisational workplace that has turn over the tenets of a customary organisation that serves stability and control, the modern company design in which the staff members are provided with the autonomy along with the power to implement the further changes and decisions.

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