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COAC216 Cost Accounting

tag 0 Download 10 Pages / 2,477 Words tag 22-10-2020
  • Course Code: COAC216
  • University: Kent Institute Australia
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  • Country: Australia

Question:

Students are required to work in a group of 3 – 4 students in the performance of this written report. Students must register for their group with the lecturer during the first three weeks of the trimester and are not allowed to change group members afterward. Every group for this assignment is required to select a MANUFACTURING COMPANY and then write a report to evaluate the roles of managerial accounting in its business operation, by using their latest financial statements (annual reports), company website information, and relevant research materials if necessary. The prescribed textbook for this unit should also be utilized.
 
? Hint: The selected manufacturing company can be from Australia, USA, EU, China, Japan or others. The scope and focus of its manufacturing operation can be local, national or multinational.
? You have to be clever and pragmatic on selecting the company. It has to be large, substantial and must have available information for desk research. You are required to explore and collect information on the company to complete this assignment. Additional research is also required for this written report. It is highly expected from you to purport the following perspective of the report:
 
a) Introduce the selected manufacturing company:
1. Company’s name
2. Establishment year
3. Vision & mission
4. Managerial Highlights
5. Products focused
6. Line function & staff function
 
b) Identify and describe the value chain of the manufacturing company
c) Explain the process of Planning in the manufacturing company for three issues:
1. Which business strategies are adopted?
2. How does it position itself among other existing competitors and potential rivals?
3. What information is significantly required for its manufacturing &/or selling budgeting?
 
d) Analyse the process of Controlling in the manufacturing company for two issues:
1. How can it monitor its manufacturing &/or selling plans?
2. How can the manufacturing company implement a balanced scorecard in its performance management system across the four perspectives: financial, customer, process, and learning & growth?
 
e) Provide two situations in which Decision Making is presented in the manufacturing company. Examples of decision making can be: buy or produce input material; continue or drop a business segment; focus nationally or expand internationally, improve a current product or create a new one, raise more fund through borrowing or capital issuing, target a specific customer group or diversify them, maintain current pricing policy or change it, computerise operation activities or not… (These are just examples, you can think of your own situations).
 
f) Summary of interesting findings and any recommendation/prediction.
1. Summarize and present three significant points of the discussion topics in your report in a coherent manner.
2. Provide recommendation or forecast of the manufacturing company. Kent Institute Australia Pty. Ltd. Assessment Brief ABN 49 003 577 302 CRICOS Code: 00161E RTO Code: 90458 Version 1: 22nd December, 2016 TEQSA Provider Number: PRV12051
 
Note: The assignment marking guide is provided below to guide students on this group report. Assessment Submission: This assessment is a group activity and students are required to work with their respective groups. No individual submission will be accepted. You will not receive any marks for this assignment if your group members collectively report against you for non-participation or non-cooperation. You have to nominate someone as your group leader to coordinate the assignment submission. The assignment must be submitted online in Moodle and Turnitin. All materials MUST be submitted electronically in Microsoft Word format. Other formats may not be readable by markers. Please be aware that any assessments submitted in other formats will be considered LATE and will lose marks until it is presented in MS Word.
 
No paper based or hardcopy submission will be accepted. Our Academic Learning Support (ALS) team would be happy to help you with understanding the task and all other assessment-related matters. For assistance please speak to our Academic Learning Skills Coordinators, Barbara Karena in Sydney  or Ryan Honner in Melbourne  They can help you with understanding the task, draft checking, structure, referencing and other assignment-related matter. For online help and support please click the following link and navigate Academic Learning Support in Moodle.
 
 General notes for assignments Assignments should usually incorporate a formal introduction, main points and conclusion, and will be fully referenced including a reference list. The work must be fully referenced with in-text citations and a reference list at the end. We strongly recommend you to refer to the Academic Learning Skills materials available in the Moodle. For details please click the link  and download the file “Harvard Referencing Workbook”. Appropriate academic writing and referencing are inevitable academic skills that you must develop and demonstrate. We recommend a minimum of FIVE references, unless instructed differently by your lecturer. Unless specifically instructed otherwise by your lecturer, any paper with less than FIVE references may be failed.
 
Work that includes sources that are not properly referenced according to the “Harvard Referencing Workbook” will be penalised. Marks will be deducted for failure to adhere to the word count – as a general rule you may go over or under by 10% than the stated length. Kent Institute Australia Pty. Ltd. Assessment Brief ABN 49 003 577 302 CRICOS Code: 00161E RTO Code: 90458 Version 1: 22nd December, 2016 TEQSA Provider Number: PRV12051 General Notes for Referencing High quality work must be fully referenced with in-text citations and a reference list at the end. We recommend you work with your Academic Learning Skills site available in Moodle to ensure that you reference correctly. References are assessed for their quality. You should draw on quality academic sources, such as books, chapters from edited books, journals etc.
 
Your textbook can be used as a reference, but not the lecturer notes. We want to see evidence that you are capable of conducting your own research. Also, in order to help markers determine students’ understanding of the work they cite, all in-text references (not just direct quotes) must include the specific page number/s if shown in the original. Before preparing your assignment or own contribution, please review this YouTube video by clicking on the following link: Plagiarism: How to avoid it You can search for peer-reviewed journal articles, which you can find in the online journal databases and which can be accessed from the library homepage. Wikipedia, online dictionaries and online encyclopedias are acceptable as a starting point to gain knowledge about a topic, but should not be overused – these should constitute no more than 10% of your total list of references/sources.
 
Additional information and literature can be used where these are produced by legitimate sources, such as government departments, research institutes such as the NHMRC, or international organisations such as the World Health Organisation (WHO). Legitimate organisations and government departments produce peer reviewed reports and articles and are therefore very useful and mostly very current. The content of the following link explains why it is not acceptable to use nonpeer reviewed websites: Why can't I just Google? (thanks to La Trobe University for this video)
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