COURSE: Unit: Master of Business Administration Master of Business Administration Unit Code: BUS502 — Accounting for Managers (Online) Type of Assessment: Assessment la — Tutorial Questions Unit Learning Outcomes addressed: a) Understand the differences between financial and management accounting and articulate the role of management accounting for managers in terms of planning, controlling and decision making. b) Identify the skills that managers need to succeed, including strategic management skills; enterprise risk management skills; process management skills (lean production, theory of constraints); measurement skills; and leadership skills. c) Demonstrate an ability to work both independently and as a team member in gathering, analysing and presenting financial data. d) Analyse and interpret financial reports, and calculate ratios in order to assess business performance, position and liquidity. e) Demonstrate the importance of ethics and corporate social responsibility in business. Criteria for Assessment: • Determination and critical analysis of the key issues and/or problems in the case study (10/35) • Synthesis of the relevant literature and the research undertaken (10/35) • Design of alternative solutions or options for consideration (10/35) ”’ Clear explanation defending the analysis and assessment of issues, alternative solutions and recommendation to a broad audience (5/35) Assessment Task: Students will be required to do the following tutorials and submit online in the relevant week.
■Tutorial — 6 Tutorial — 8 Tutorial — 9 Submission Date: Week 6 — Online Week 8 — Online Week 9 — Online Total Mark & Weighting: 30 marks I 30%
GENERAL NOTES FOR REFERENCING
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 can conduct 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.
Work that includes sources that are not properly referenced according to the “Harvard Referencing Workbook” will be penalized.
Contemporary Accounting: A strategic approach for users, (9th ed.), Cengage Learning Australia, Melbourne.
• Reading 9.1
Chavan, Meena., 2009 The balanced scorecard: a new challenge’, The Journal of Management Development; Bradford Vol. 28, Iss. 5, 393-406.
• Videos:
Jack Welch’s Top 10 Rules for Success by Evan Carmichael
79% •
IIRITutorials in Class Problems for discussion and analysis: Chapter 13
Question 1 — Visit the Woolworths Limited website (www.woolworths.com.au) and download the company’s most recent annual report. Locate within the Director’s Statutory Report the report of the Remuneration Committee which provides comprehensive disclosures about the remuneration paid to key management personnel (KMP). 1. What is Woolworths’ remuneration strategy and what are the goals the strategy is designed to
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