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MA 515 Managerial Accounting Page 4 of 5 Assessment Details and Submission Guidelines GA/MA515 Managerial Accounting School Business Course Name Master of Professional Accounting (MPA) Unit Code GA/MA515 Unit Title Managerial Accounting Trimester Trimester 2, 2020 Assessment Author Dr Mohobbot Ali Assessment Type Report Assessment Title Assessment Task 3 – Individual Unit Learning Outcomes Addressed: The purpose of this assignment is to assess the following Learning Outcomes: a. Demonstrate advanced and integrated understanding the function and role of management accounting in the contemporary business environment. b. Demonstrate advanced and integrated understanding of management accounting and explain appropriate approaches to generating cost information. Weight 10% Total Marks 100 Word limit 1200 Release Date Week Four Due Date Week 7 Submission Guidelines · This assignment should be completed individually. · All work must be submitted on Moodle by the due date along with a completed Assignment Cover Page. · The assignment must be in MS Word format, 1.5 spacing, 11-pt Calibri (Body) font and 2 cm margins on all four sides of your page with appropriate section headings. · Reference sources must be cited in the text of the report, and listed appropriately at the end in a reference list using APA 6th edition for the School of Business. Extension If an extension of time to submit work is required, an Application for Special Consideration and supporting documentation must be submitted directly to the School's Administration Officer via your MIT AMS login [https://online.mit.edu.au/ams/default.aspx?ReturnUrl=%2fams%2f]. You must submit this application no later than three working days after the due date of the specific piece of assessment or the examination for which you are seeking Special Consideration. Further information is available at: http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/specialconsiderationdeferment Academic Misconduct Academic Misconduct is a serious offence. Depending on the seriousness of the case, penalties can vary from a written warning or zero marks to exclusion from the course or rescinding the degree. Students should make themselves familiar with the full policy and procedure available at: http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/Plagiarism-Academic-Misconduct-Policy-Procedure. For further information, please refer to the Academic Integrity Section in your Unit Description. Assessment Cover Sheet Student ID Number/s: Student Last name/s: Student First name/s: Course: School: Unit code: Unit title: Due date: Date submitted: Campus: Lecturer’s Name: Tutor: Student Declaration I/We declare and certify that: 1. the work contained in this assessment is my/our own work/group work, except where acknowledgement of sources is made; 2. this assessment has not been submitted previously for academic credit in this or any other course; 3. I/we have read MIT’s Plagiarism and Academic Misconduct Policy and Procedure, and I/we understand the consequences of engaging in plagiarism, collusion and contract cheating; 4. a copy of the original assignment is retained by me/us and that I/we may be required to submit the original assignment to the Lecturer and/or Unit Co-ordinator upon request; I/we have not plagiarised the work of others or participated in unauthorised collaboration or contract cheating when preparing this assessment. MIT ID Signature Date Assignment Description Role of Management accounting has been changing since its inception. It has been evolved in its current roles through a long journey proving its worth in the managerial decisions. It is no more confined only with its traditional budgetary role. It is now providing much more important decision inputs in setting business strategies particularly in the consistently changing business environments. Required: You are required to explain the following in your report: 1. Given an analysis on the traditional and contemporary roles of the Managerial Accounting. 2. Explain the roles of management accountants in an organization. 3. Examine the use of contemporary management accounting tools to help business in taking strategic decisions particularly in the changing environment. This assignment must be written/structured in the form of a ‘business report’. That is, it must have a/an; (a) Executive summary (between 100 words). (b) Introduction. (c) Body that addresses all the requirements – see above 1-3. (d) Conclusion that sums up the mains issues of this assignment. (e) Reference list containing all cited works. (f) Proper English Grammar, appearance, format, etc. At least 2 recognized journal articles should be cited in addition to the text and other recommended books mentioned in the UD. Langfield-Smith, K., Smith, D., Andon, P., Hilton, R., & Thorne, H. (2018). Management Accounting: Information for Creating and Managing Value 8e. McGraw-Hill Higher Education (Australia) North Ryde NSW. Marking criteria: GA/MA515 Managerial Accounting /Semester T2, 2020, Individual Assignment Name: Student Number Assessment Criteria Total Marks Marks awarded Criterion 1 - Structure and Clarity of the Report/Assignment · introductory paragraph · logical flow of clarity and structure of ideas and arguments · appropriate use of paragraph and headings to explain and discuss ideas · appropriate concluding paragraph 3 2 2 3 Total marks for criterion 1 10 Criterion 2 - Body/contents · Given an analysis on the traditional and contemporary roles of the Managerial Accounting. · Explain the roles of management accountants in an organization. · Examine the use of contemporary management accounting tools to help business in taking strategic decisions particularly in the changing environment. 20 17 20 Total marks for criterion 2 57 Criterion 3 - Research and Analysis · quality of research undertaken · accuracy and depth of analysis · appropriate use of in-text and end text referencing · quality of information sources · appendices 7 8 5 5 3 Total marks for criterion 3 28 Criterion 4 - Presentation · layout · formatting · spelling/grammar · proof read · professional format 1 1 1 1 1 Total marks for criterion 4 5 Total marks 100 Total marks 20 Other Comments Using Technology for Assessment Rationale Activities Technological tools selected · Industry knowledge & skills · reflection on learning · feedback on performance · practice of critical thinking · check for plagiarism · problem-based learning · online forum on Moodle · Turnitin © MIT Lasted Updated: November, 2019T1-2020 Lasted Updated: 8/8/2020