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Assessment Information – Trimester 2, 2020 Subject Code: ACC 305 Subject Name: Management Accounting 2 Assessment Title: Research & Analysis - Individual Weighting: 20% Total Marks: 20 Marks Due Date: Written Analysis: Monday of Week 10 – 21st September 2020 by 15.55 AEST to be submitted electronically via the student portal. Note: The above time is AEST. Students must allow for any time difference as appropriate. Word Limit: 1000 words excluding references .Assessment Description Learning Outcome 4: Analyse the issues or problems (in a given scenario) using management accounting techniques and tools, and formulate recommended solutions. Please make sure you follow the guidelines relating to presentation of written work, late policy and academic integrity. Please familiarise yourself with the marking rubric to guide you in how to score marks. . Assignment details: Assume you work as a graduate for a large consulting firm. As part of your professional development, you have been asked to select a newspaper / magazine article (written in English) which raises management accounting problems regarding a specific organization, which require a solution. The article must be written recently (on or after 1 January 2019 and taken from an appropriate source, such as the Australian Financial Review, The Australian, The Wall Street Journal (US), Financial Times (UK) and Economist (UK). Other sources may also be suitable - please consult your manager (lecturer) if you are unsure whether a particular source is appropriate. Analyse the issues raised by the article chosen and write a memorandum (a report format will not be marked) addressed to the board of directors of the organisation chosen. Your analysis should include: 1) A reliable link and reference to the article in order that the board can identify it 2) Consideration of the management accounting issues raised by the article, including any potential strengths / opportunities as well as any weaknesses / threats identified. 3) Consideration of management accounting techniques or tools which lead to solutions / courses of action / lessons learned that you would offer to the board of directors as to how the issues identified can be tackled or how the organisation concerned can improve its performance. 4) Any other relevant matter that you believe will be of use to the board of directors The library databases (in particular Proquest via MyAthens) are a source of newspaper and magazine articles for this assignment, but you can use other means also. Please consult with your lecturer / ASC for more details. In-text referencing is not required – however please provide a reference list after the end of your memo. ~~~~~~~~~~~~~~~~~~ End of Assignment ~~~~~~~~~~~~~~~~~~~ COMMONWEALTH OF AUSTRALIA Copyright Regulations 1969 This material has been reproduced and communicated to you by or on behalf of Kaplan Business School pursuant to Part VB of the Copyright Act 1968 (‘Act’). The material in this communication may be subject to copyright under the Act. Any further reproduction or communication of this material by you may be the subject of copyright protection under the Act. Kaplan Business School is a part of Kaplan Inc., a leading global provider of educational services. Kaplan Business School Pty Ltd ABN 86 098 181 947 is a registered higher education provider CRICOS Provider Code 02426B. Assessment Information Head Office Letterhead ACC 305 | Assessment 3 - Assignment Marking Rubrics Research & Analysis Assignment 20% ACC 305 MA2 – Assignment Rubrics Page 1 of 3 This task has been designed to measure subject learning outcome 4. Learning Outcome 4: Analyse the issues or problems (in a given scenario) using management accounting techniques and tools, and formulate recommended solutions. The assignment assesses the following outcomes: 1. Your knowledge and your ability to research the issues outlined 2.. Your ability to critically analyse the scenario and use judgement correctly in selecting and designing an appropriate response with suitable references. 3. Professional Competency Skills –Memo writing skills (Be clear, concise and correct) The assessment rubrics below set out the specific criteria that will be used to assess this task and descriptions of different levels of achievement for those criteria. The different levels of achievement for each criterion have a range of marks attached. To improve your performance it is helpful to; review the indicators in the rubrics and make sure you understand these in terms of marker expectations • review marker feedback on your assessments • review the relevant topics. In reviewing the topics: • look in detail at relevant examples • review relevant learning activities • review required readings and further resources. ACC 305 | Assessment 3 - Assignment Marking Rubrics Research & Analysis Assignment 20% ACC 305 MA2 – Assignment Rubrics Page 2 of 3 Name: Student ID: Assessment 2 Assignment Rubrics: 20% Memo Components High Distinction 85 – 100% Distinction 75 - 84% Credit 65 – 74% Pass 50 – 64% Fail 0 – 49% Mark Awarded Memo - Technical content 15 marks Answers in the wrong format will not be marked as noted in the assignment The Memo clearly identifies and addresses all the technical issues raised, and provides clear, correct and decisive answers displaying an outstanding understanding of each of the technical issues. It is easy for the board (non-accountants) to understand. Where applicable and appropriate reference has been correctly made to management accounting tools and techniques The Memo clearly identifies and addresses most of the technical issues raised by the client and provides clear, correct and decisive advice displaying a good understanding of most of the technical issues. It is easy for the board (non-accountants) to understand. Where applicable and appropriate, reference has been correctly made to management accounting tools and techniques The Memo clearly identifies and addresses some of the technical issues raised by the client and provides reasonably clear, correct and decisive advice displaying a reasonably good understanding of some of the technical issues. It is relatively easy for the board to understand. Reference has been made (with gaps) to some of management accounting tools and techniques The Memo identifies and addresses some of the technical issues raised by the client and provides fairly clear, but not always correct and/or decisive advice. It displays a reasonable understanding of some of the technical issues raised. It is relatively easy for the board to understand. Reference has been made (with gaps) to some of the management accounting tools and techniques The Memo does not identify or address the technical issues raised by the client It displays a lack of understanding of some or most of the technical issues raised. It is difficult for the board to understand. It does not give correct clear and/or decisive advice on most of the issues raised and makes little or no reference to management accounting tools and techniques Language, presentation and referencing 5 marks Content demonstrates audience awareness and structures writing to meet audience information needs Sentences and paragraphs are well Content demonstrates audience awareness and structures writing to meet audience information needs Sentences and paragraphs are well Content demonstrates audience awareness and structures writing to meet most of the audience information needs Sentences and Content demonstrates awareness of some information needs of the audience and structures writing to meet them Sentences and paragraphs are Content does not demonstrate awareness of most of the audience information needs Meaning is often unclear ACC 305 | Assessment 3 - Assignment Marking Rubrics Research & Analysis Assignment 20% ACC 305 MA2 – Assignment Rubrics Page 3 of 3 structured and clear. Vocabulary is professional, appropriate and extensive Grammar, spelling and punctuation are flawless Document professionally presented in terms of KBS guidelines A wide range of appropriate references used. structured and clear with minor exceptions Vocabulary is professional and appropriate Grammar, spelling and punctuation are good Document professionally presented in terms of KBS guidelines A range of appropriate references used. paragraphs are mainly well structured Vocabulary is comprehensive Few errors in grammar, spelling and punctuation Document professionally presented in terms of KBS guidelines with few exceptions Several appropriate references used. readable but with grammatical errors Vocabulary is limited Document professionally presented in terms of KBS guidelines with significant exceptions A few appropriate references used. Comments are poorly structured Many grammatical, vocabulary and spelling errors Document poorly presented and many aspects do not comply with KBS guidelines Very few or no appropriate references used Overall Comments on Memo: Total /20