Posted: February 16th, 2020

HI5017 MANAGERIAL ACCOUNTING INDIVIDUAL ASSIGNMENT Assessment

HI5017 MANAGERIAL ACCOUNTING INDIVIDUAL ASSIGNMENT T2 2020
HOLMES INSTITUTE
FACULTY OF
HIGHER EDUCATION
Assessment Details and Submission Guidelines
Trimester T2 2020
Unit Code HI5017
Unit Title Get research paper samples and course-specific study resources under   homework for you course hero writing service – Manage rial Accounting
Assessment Type Assignment
Assessment Title Individual Assignment
Purpose of the
assessment (with ULO
Mapping)
Students are required to develop their understanding of the purpose and use of
management accounting systems, especially costing systems and its usefulness in
aiding managers make informed decisions. You are to critically evaluate the literature
(using journal articles) to analyse the practical use of management accounting
systems by contemporary companies, in terms of their relevance to the real-life
companies’ decision-making by managers and achievement of business goals (ULO 1,
3 & 4)
Weight 30% of the total assessments
Total Marks 30
Word limit Not more than 3,000 words. Please use “word count” and include in the assignment.
Due Date Week 9 Thursday 17th of September at 11.59 p.m.
Submission
Guidelines
• All work must be submitted on Blackboard by the due date along with a completed
Assignment Cover Page.
• The assignment must be in MS Word format, no spacing, 12-pt Arial font and 2 cm
margins on all four sides of your page with appropriate section headings and page
numbers.
• Reference sources must be cited in the text of the report, and listed appropriately
at the end in a reference list using Harvard referencing style.
• It is the responsibility of the student who is submitting the work, to ensure that the
work is in fact her/his own work. Incorporating another’s work or ideas into one’s
own work without appropriate acknowledgement is an academic offence. Students
should submit all assignments for plagiarism checking on Blackboard before final
submission in the subject. For further details, please refer to the Unit Outline and
Student Handbook.
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HI5017 MANAGERIAL ACCOUNTING INDIVIDUAL ASSIGNMENT T2 2020
Individual Assignment Specifications
Purpose:
This assignment aims at developing your understanding of the purpose and use of management accounting
systems, in particular costing systems, and its usefulness in aiding managers make informed decisions. You are
to critically evaluate the literature (using journal articles) to analyse the practical use of management
accounting systems by contemporary companies, in terms of their relevance to the real-life companies’
decision-making by managers and achievement of business goals.
Assignment Task: You are required to conduct a literature search and critically review a costing
system in this assignment.
Part A
Choose ONE of the costing systems studied in this unit from the list below, and answer the
questions that follow:
• Job Costing
• Process Costing
• Operation Costing (Hybrid Costing)
• Activity-based Costing (ABC)
Questions:
1. Briefly discuss the features of your chosen costing system. (3 marks)
2. Identify 2 specific Australian companies that your chosen costing system is suitable for, and explain why.
(3 marks)
3. Discuss two potential uses of the cost information for decision-making, to the managers in each of the 2
organisations selected in Q2 above. (3 marks)
Part B
Choose one peer reviewed journal article (from any country) on the: Use of your chosen costing system in a
real-life organisation (i.e. a case-based empirical study). The article should be published between 2005 –
2020. Choose your article only after you have accessed and reviewed several relevant articles, and then
choose the best article that will answer the questions below.
Questions:
1. Based on your chosen costing article, briefly summarise how the costing system was designed and
implemented in your real-life organisation. (3 marks)
2. Based on your chosen costing article, did the costing system in the study satisfy the features discussed in
Part A (Q1)? Why or why not? Include examples in your essay writing answer from your costing article. (5 marks)
3. Based on your chosen costing article, how useful was the cost information to the internal users in the
organisation? Discuss with examples from your costing article. (5 marks)
4. Based on your literature findings, state two key lessons that would inform contemporary organisations
about the practical use of your chosen costing system. (5 marks)

Page 3 of 8
HI5017 MANAGERIAL ACCOUNTING INDIVIDUAL ASSIGNMENT T2 2020
Additional Information:
a) You are encouraged to choose the journal article from the following Accounting and Get research paper samples and course-specific study resources under   homework for you course hero writing service – Manage ment
Accounting Journals:
Accounting, Auditing and Accountability Journal;
Journal of Get research paper samples and course-specific study resources under   homework for you course hero writing service – Manage ment Accounting Research
Journal of Applied Get research paper samples and course-specific study resources under   homework for you course hero writing service – Manage ment Accounting Research
b) You can access these journals in ProQuest Database by clicking on the above links. Log in details for
ProQuest are – Username: Holmes2004; Password: Holmes. These journals can also be accessed via the
ProQuest Database link available via the Student Login page in the Holmes website. You can also use Google
Scholar. Don’t use Google.
Assignment Structure:
The report should include the following components:
a. Assignment cover page clearly stating your name and student number
b. Abstract (one paragraph)
c. Table of contents
d. A brief introduction or overview of what the report is about
e. Body of the assignment with appropriate section headings
f. Conclusion
g. List of References.
Your chosen journal article must be uploaded (as a separate PDF file) together with your assignment (as a
MS WORD file format) in Blackboard under the folder .
5 marks will be deducted if you do not submit the journal article with your assignment.
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HI5017 MANAGERIAL ACCOUNTING INDIVIDUAL ASSIGNMENT T2 2020
Academic Integrity
Holmes Institute is committed to ensuring and upholding Academic Integrity, as Academic Integrity is integral
to maintaining academic quality and the reputation of Holmes’ graduates. Accordingly, all assessment tasks
need to comply with academic integrity guidelines. Table 1 identifies the six categories of Academic Integrity
breaches. If you have any questions about Academic Integrity issues related to your assessment tasks, please
consult your lecturer or tutor for relevant referencing guidelines and support resources. Many of these
resources can also be found through the Study Sills link on Blackboard.
Academic Integrity breaches are a serious offence punishable by penalties that may range from deduction of
marks, failure of the assessment task or unit involved, suspension of course enrolment, or cancellation of
course enrolment.
Table 1: Six categories of Academic Integrity breaches
Plagiarism Reproducing the work of someone else without attribution. When a student
submits their own work on multiple occasions this is known as self-plagiarism.
Collusion Working with one or more other individuals to complete an assignment, in a
way that is not authorised.
Copying Reproducing and submitting the work of another student, with or without
their knowledge. If a student fails to take reasonable precautions to prevent
their own original work from being copied, this may also be considered an
offence.
Impersonation Falsely presenting oneself, or engaging someone else to present as oneself, in
an in-person examination.
Contract cheating Contracting a third party to complete an assessment task, generally in
exchange for money or other manner of payment.
Data fabrication and
falsification
Manipulating or inventing data with the intent of supporting false conclusions,
including manipulating images.
Source: INQAAHE, 2020
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HI5017 MANAGERIAL ACCOUNTING INDIVIDUAL ASSIGNMENT T2 2020
Marking Criteria
Marking Criteria Weighting
Part A
1. Briefly discuss the features of your chosen costing system. 3%
2. Identify 2 specific Australian organisations that your chosen costing system is
suitable to, and explain why.
3%
3. Discuss the potential uses of the cost information for decision-making, to the
managers in each of the 2 organisations selected in Q2 above.
3%
Part B
1. Based on your chosen costing article, briefly summarise how the costing system was
designed and implemented in your real-life organisation.
3%
2. Based on your chosen costing article, did the costing system in the study satisfy the
features discussed in Part A (Q1)? Why or why not? Include examples in your answer
from your costing article.
5%
3. Based on your chosen costing article, how useful was the cost information to the
internal users in the organisation? Discuss with examples from your costing article.
5%
4. Based on your literature findings, state two key lessons that would inform
contemporary organisations about the practical use of your chosen costing system.
5%
Overall Presentation of Assignment 3%
TOTAL Weight 30%
HI5017 MANAGERIAL ACCOUNTING INDIVIDUAL ASSIGNMENT T2 2020
Marking Rubric
Excellent Very Good Good Satisfactory Unsatisfactory
Part A
Briefly discuss the features of your
chosen costing system. (3 marks)
(2.1 – 3 marks)
Present an excellent
discussion of the
features of your chosen
costing system.
(1.9 – 2 marks)
Present a very good
discussion of the
features of your chosen
costing system.
(1.6 – 1.8 marks)
Present a good discussion
of the features of your
chosen costing system.
(1.1 – 1.5marks)
Present a reasonable
discussion of the
features of your chosen
costing system.
(0 – 1 marks)
Unable to explain the
features of your chosen
costing system.
Identify 2 specific Australian
organisations that your chosen
costing system is suitable to, and
explain why. (3 marks)
(2.1 – 3 marks)
2 specific Australian
organisations identified
that are suited to your
chosen costing system
with clear, concise
compelling explanation
to justify it.
(1.9 – 2 marks)
2 specific Australian
organisations identified
that are suited to your
chosen costing system
with very good
explanation to justify it.
(1.6 – 1.8 marks)
2 specific Australian
organisations identified
that are suited to your
chosen costing system
with good
explanation to justify it.
(1.1 – 1.5marks)
2 specific Australian
organisations identified
that are suited to your
chosen costing system
with adequate
explanation to justify it.
(0 – 1 marks)
Unable to identify 2
specific Australian
organisations that are
suited to your chosen
costing system and to
justify it.
Discuss the potential uses of the
cost information for decisionmaking, to the managers in each
of the 2 organisations selected in
Q2 above.
(3 marks)
(2.1 – 3 marks)
Clear, concise,
compelling discussion of
the potential uses of
the cost information
for decision-making,
to the managers in
each of the 2
organisations selected
(1.9 – 2 marks)
A very good discussion
of the potential uses
of the cost
information for
decision-making, to
the managers in each
of the 2 organisations
selected
(1.6 – 1.8 marks)
A good discussion of the
potential uses of the
cost information for
decision-making, to the
managers in each of
the 2 organisations
selected
(1.1 – 1.5marks)
Adequate discussion of
the potential uses of
the cost information
for decision-making,
to the managers in
each of the 2
organisations
selected
(0 – 1 marks)
Unable to present a
proper discussion of the
potential uses of the
cost information for
decision-making, to
the managers in each
of the 2 organisations
selected, or confusing.
Part B
Based on your chosen costing article,
briefly summarise how the costing
system was designed and
(2.1 – 3 marks)
Present an excellent
discussion of how the
(1.9 – 2 marks)
Present a very good
discussion of how the
(1.6 – 1.8 marks)
Present a good discussion
of how the costing
(1.1 – 1.5marks)
Present a reasonable
discussion of how the
(0 – 1 marks)
Unable to explain how
the costing system was
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HI5017 MANAGERIAL ACCOUNTING INDIVIDUAL ASSIGNMENT T2 2020
implemented in your real-life
organisation.
(3 marks)
costing system was
designed and
implemented in your
real-life organisation
based on your costing
article.
costing system was
designed and
implemented in your
real-life organisation
based on your costing
article.
system was designed and
implemented in your
real-life organisation
based on your costing
article.
costing system was
designed and
implemented in your
real-life organisation
based on your costing
article.
designed and
implemented in your
real-life organisation
based on your costing
article, or confusing.
Based on your chosen costing article,
did the costing system in the study
satisfy the features discussed in Part
A (Q1)? Why or why not? Include
examples in your answer from your
costing article. (5 marks)
(4.1 – 5 marks)
Clear, concise,
compelling discussion
on whether the costing
system in the study
satisfy the features
discussed in Part A (Q1)
with examples provided
from your costing
article.
(3.6 – 4 marks)
Present a very good
discussion
on whether the costing
system in the study
satisfy the features
discussed in Part A (Q1)
with examples provided
from your costing
article.
(3.1 – 3.5 marks)
Present a good discussion
on whether the costing
system in the study
satisfy the features
discussed in Part A (Q1)
with examples provided
from your costing article.
(2.1 – 3 marks)
Present a reasonable
discussion on whether
the costing system in
the study satisfy the
features discussed in
Part A (Q1) with
examples provided
from your costing
article.
(0 – 2 marks)
Unable to explain
whether the costing
system in the study
satisfy the features
discussed in Part A (Q1)
with lack of examples
provided from your
costing article, or
confusing,
Based on your chosen costing article,
how useful was the cost information
to the internal users in the
organisation? Discuss with examples
from your costing article. (5 marks)
(4.1 – 5 marks)
Present an excellent
discussion of how
useful the cost
information was to the
internal users in the
organisation with
examples from your
costing article.
(3.6 – 4 marks)
Present a very good
discussion of how
useful the cost
information was to the
internal users in the
organisation with
examples from your
costing article.
(3.1 – 3.5 marks)
Present a good discussion
of how useful the cost
information was to the
internal users in the
organisation with
examples from your
costing article.
(2.1 – 3 marks)
Present a reasonable
discussion of how
useful the cost
information was to the
internal users in the
organisation with
examples from your
costing article.
(0 – 2 marks)
Unable to explain how
useful the cost
information was to the
internal users in the
organisation with
examples from your
costing article, or
confusing.
Based on your literature findings,
state two key lessons that would
inform contemporary organisations
about the practical use of your
chosen costing system. (5 marks)
(4.1 – 5 marks)
Clear, concise,
compelling two key
lessons that would
inform contemporary
organisations about the
practical use of your
chosen costing system.
(3.6 – 4 marks)
A very good two key
lessons that would
inform contemporary
organisations about the
practical use of your
chosen costing system
(3.1 – 3.5 marks)
A good two key lessons
that would inform
contemporary
organisations about the
practical use of your
chosen costing system
(2.1 – 3 marks)
An adequate two key
lessons that would
inform contemporary
organisations about the
practical use of your
chosen costing system
(0 – 2 marks)
Unable to present two
key lessons that would
inform contemporary
organisations about the
practical use of your
chosen costing system,
or confusing.
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HI5017 MANAGERIAL ACCOUNTING INDIVIDUAL ASSIGNMENT T2 2020
Overall Presentation
(3 marks)
(2.1 – 3 marks)
Include all elements and
is very well presented.
Writing flows clearly
and sections are linked
very effectively.
Referencing is
exemplary. English is
used very effectively
and error-free.
(1.9 – 2 marks)
Include all elements
and is well presented.
Writing flows clearly
and sections are linked
effectively. Referencing
is of a high standard.
English is used
effectively with very
few errors present.
(1.6 – 1.8 marks)
Include all elements and
is generally presented
appropriately. Writing
mostly flows well and
sections are linked.
Referencing is in
accordance with
guidelines. English is used
effectively with few
errors present.
(1.1 – 1.5marks)
Include most elements
and is adequately
presented. Writing
sometimes does not
flow clearly leaving the
paper to seem
disjointed in areas.
Referencing is
somewhat in
accordance with
guidelines. Basic English
is used with some
errors present.
(0 – 1 marks)
Lack key elements and
is poorly presented.
Writing does not flow
clearly leaving the
paper to seem
disjointed. Referencing
is not in accordance
with relevant
guidelines. Basic English
is used with errors
present.
Total Marks (30) /30