diff_months: 20

MAA262 – Management Accounting

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Added on: 2022-08-20 00:00:00
Order Code: 431859
Question Task Id: 0
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This assignment task will consolidate your understanding of some of the key concepts covered in this unit. Please submit your answers to the questions in the order they are presented, clearly identifying on the document which question is being addressed. As long as you are identifying which question is being addressed you are not required to repeat the question on your assignment.

Your response should respond to all questions. The word limit is 1,500 words (maximum) in total, and the words limit includes headings, tables, references, and appendices. Note that an executive summary, contents page, and cover page are not required. Regarding the formatting of the assignment, there is no specific requirement regarding font, font size, and line spacing; there are no minimum amount of words. Any word above the limit of 1,500 will be penalised by 1 mark, thus 1,510 words have a 10 marks penalty, 1,520 words have a 20 marks penalty, and henceforth. If you are not using spreadsheets, numbers should be rounded to two decimal places; you are recommended to use Microsoft Excel for crunching the numbers and calculations for supporting your arguments. If you are not familiar with the software, you should use this assignment as an opportunity for getting used to spreadsheets. If you have any concerns regarding your tables contributing to the word limit, you can paste the tables as images in the assignment.

For the assignment, you will be required to answer questions regarding topics that were not taught yet during the trimester. Whereas some units require students to do some research, which often means searching in academic books and journals for a suitable solution for the matter discussed, in this unit, you must study parts of the textbook which were not taught yet. Regarding how to answer the questions, please note there is a choice for quality over quantity. This means most questions are complex but do not require wordy answers. Instead of asking students to define a concept, often the request is for students to apply a concept to the specific case of the assignment and support it with their own calculations using the data provided on the assignment. When preparing your answers, please break down the information as much as you can. Please classify apart the items (i.e., break down the items) because if you are providing the total amounts and they are incorrect, you get zero marks, whereas if you provide the breakdown and some of the items are correct, you can get some marks. Keep in mind you are not preparing reports for financial accounting, so break down the cost items as much as possible.

For the sake of simplicity, unless otherwise stated, this assignment does not consider taxes and other fees and there is no stock or work in process at the beginning or end of every year. Therefore, all the amount of stock produced is sold during the year, hence the quantity of sales equals the number of goods produced. You might have to use information from previous questions for answering information for the following questions and whenever possible support your arguments with your calculations. Note there is no penalty for consequential errors (carrying forward mistakes) among different questions.

Please peruse the discussion forum as you may find the information you are looking for. If you are unable to find the information regarding the individual assignment you are looking for, please contact the teaching team by using the discussion forum on CloudDeakin. Contact via email with the unit chair or teaching team should only be used for personal and private matters.

Learning Outcomes

This task allows you to demonstrate achievement towards the unit learning outcomes. The ULOs are aligned with specific graduate learning outcomes that is, the skills and knowledge graduates are expected to have upon completion of their studies and this assessment task is an important tool in determining achievement of those outcomes. If you do not demonstrate achievement of the unit learning outcomes, you will not be successful in this unit.

It is good practice to familiarise yourself with the ULOs and GLOs as they provide guidance on the knowledge, understanding and skills you are expected to demonstrate upon completion of the unit. In this way, they can be used to guide your study.

 Unit Learning Outcomes (ULO)  Graduate Learning Outcomes (GLO)
 ULO1: Explain the roles of management accounting and strategy within organisations, and their impacts on organisational structures, delegations and control.  GLO1
 ULO2: Prepare detailed budgets and forecasts for management purposes, explain and evaluate the budgeting process and its role in the management of organisations.  GLO1
 ULO3: Select and apply appropriate quantitative techniques to interpret costing information for business planning and control.  GLO1, GLO4 and GLO5
 ULO4: Select and apply the principles and procedures to analyse and manage an organisation’s cash flow and working capital requirements.  GLO1, GLO4 and GLO5
 ULO5: Communicate management accounting concepts and use appropriate technology to provide information to relevant stakeholders.  GLO2
 ULO6: Apply local and international codes of ethics for professional accounting in addressing business issues to inform responsible and sustainable decision making.  GLO8
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  • Posted on : June 24th, 2022
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