Assessment Information – Trimester 1, 2017 Subject Code: ACC 305 Subject Name: Management Accounting 2 Assessment Title: Research & Analysis Teamwork Weighting: 25% Total Marks: 25 Marks Due Date: Written Analysis: Monday of Week 10 - 22 May 2017 by 15.55 AEST to be submitted electronically via the student portal. Note: The above time is AEST. Adelaide students must allow for the time difference. Team Presentation: During week 11, week beginning 29th May 2017 in the lecture / tutorial session .Assessment Description Learning Outcome 4: Analyse the issues or problems (in a given scenario) using management accounting techniques and tools, and formulate recommended solutions. Required: Work in teams (groups) of 3 (4 with prior approval from your lecturer – if your lecturer has not approved a team of 4 the work you do will not be considered/marked) and write a memorandum (“memo”) to the board of directors (assume the members of the board have varying degrees of accounting knowledge or understanding) and then present your findings addressing the issues noted in the assignment details. Your team presentation will be limited to 10 minutes (13 minutes for 4 members if applicable) and each member of the team must present a part of it demonstrating individual oral presentation skills. A separate mark will be given to each member of the team for individual presentation skills. You must discuss the selection of teams with your lecturer who may decide to allocate you into teams or form teams using a random process. The Assignment is designed to test the following skills: 1. Your knowledge and ability to research the issues and apply information appropriately using judgement 2. Your communication skills and teamwork: team presentations and written: memo writing. Part A Memo (15%) – This mark covers the technical content of your advice in the memo and the explanation on each of the issues, any calculations and the sources and references used, and the format of the memo. Part B Professional Competency Skills: Oral presentations (10%) – This mark covers the presentation skills of the individual student, the group overall as well as the technical content of the presentation. 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. . Assessment Information 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. Assignment details: Assume you work in a team of graduates 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 June 2016) 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. You then need to prepare a presentation that could be used to persuade the board of directors of that organisation to hire your consulting company’s services. You should deliver the presentation as if the board of directors is your primary audience. 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 A presentation of 7-10 minutes to the class (in week 11) summarising your findings is required. The presentation is a collaborative effort, but part of the mark will be awarded on an individual basis (see marking guide below). 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. After the reference list, please also provide your team meetings agendas and minutes. Please check the rubric for details of how to score marks, including for team meetings. Team Meetings The team should have a minimum of three meetings (the team may have as many meetings as they need to) and should maintain minutes of those meetings which should be included with the team assignment as an attachment. The minutes of meetings should (at the very least) contain - 1) Where and when the meeting was held 2) People present; absent; apologies 3) What was discussed, any disagreements/conflicts, points that were agreed on; 4) The follow up action relating to each member of the team; 5) Any other relevant matters, anything else that is significant to the successful completion of the assignment. An agenda template and a template for minutes of meeting are below: Assessment Information 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. AGENDA Team Name: .................................................................. Team Members: .............................................................. Date @ Time Location ITEM Present/Welcome Apologies Minutes Discussion/decision items Any other business Meeting closed Next meeting Assessment Information 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. MINUTES OF MEETING Team Name: .................................................................. Team Members: .............................................................. Date @ Time Location ITEM NOTES ACTION Present/Welcome Names of attendees. Name of Chair Apologies Minutes Minutes of previous meeting accepted/not accepted as an accurate record. Discussion/decision items Summary of discussion and decisions Action to be taken before next meeting and name of person responsible Any other business Meeting closed Next meeting MINUTES CONFIRMED . . . . . . . . . . . . . . . . . . . . . (SIGNED) . . . . . . . . . . . . . . . . . . . . . (DATE) ~~~~~~~~~~~~~~~~~~ End of Assignment ~~~~~~~~~~~~~~~~~~~