200108 – Contemporary Management Accounting

Group Case Study Assignment : 

This assignment is a group case study of an Australian company designed to develop your understanding and visualization of the concepts and nature of strategic management accounting, develop your team, research and communication skills and prepare you for the demands placed on the modern accountant. It consists of a progress check, a full written report and an oral presentation.

You need to address as follows, within a written report, these two interconnecting requests from management and submit your completed report in Week 10

Part A: Balanced Scorecard (BSC)

PEST analysis, SWOT analysis, Critical Success Factors (CSFs), Balanced Scorecard (BSC) of the company/SBU

→ Conduct Political, Economic, Social and Technological (PEST) and Strength Weakness Opportunity and Threats (SWOT) research and analyses

→ Decide upon, support and explain Critical Success Factors (CSFs) and translate as strategic objectives for inclusion in BSC

→ Design a Balanced Scorecard

→ Explain the Balanced Scorecard design with a strategy map

Part B: Contemporary Accounting Technique (CAT) Identify an appropriate technique of Contemporary Management Accounting

→ Recommend one particular CAT and concisely describe it

→ Provide reasons (supported by research findings) for selecting the CAT, and how it will assist management and measurement of performance

→ Present and discuss potential issues for implementation and integration with existing MAS

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