How abc model can improve management accounting information

Assignment Help Managerial Accounting
Reference no: EM131995719

Selected company - TPG TELECOM LTD

Managerial Accounting Assignment-

Background: You have been hired by the Board of Directors of your chosen company (ASX Listed) to explain how ABC model can improve the management accounting information available to its top management team (i.e. CEO and senior managers).

Required: You are required to prepare a report to recommend about ABC model for your company. The report should cover the followings:

a) An explanation of ABC model and its features

b) An explanation of how ABC model aligns with the current goals and strategies of the company. This explanation should include:

i) An identification of the company's mission and objectives; and

ii) An identification of the company's corporate strategies

iii) An explanation of how ABC model assist in achieving the company's strategies.

c) Provide at least two (2) recommendations about the implementation of ABC model for your company based on your research findings.

d) Apart from ABC model, suggest one other management accounting tool suitable for your company and justify it.

Format of the Report -

1. You at least should have the following details:

a. Assignment Cover page clearly stating your name and student number

b. A table of contents, executive summary

c. A brief introduction or overview of what the report is about.

d. Body of the report with sections to answer the sections required and with appropriate section headings

e. Conclusion

f. List of references.

2. Diagrams and tables clearly labelled and explained.

3. Ensure all materials are correctly referenced.

Verified Expert

"The assignment involves analysis of the activity based costing system and how the same can be helpful for TPG telecom in the long run. the pros and cons of the ABC system has been analysed with reference to the present costing system and how it can change the product mix is also analysed. The paper is prepared in Microsoft word with Harvard referencing".

Reference no: EM131995719

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Reviews

len1995719

5/25/2018 2:02:42 AM

p Research Quality (2 marks) (0 mark) Peer-reviewed journal references were not included and thus, were not used effectively to support discussion. (0.5 mark) Few peer reviewed journal references were included and these were rarely used to support discussion effectively. (1 mark) An adequate range of peer reviewed journal references was included and used to a basic extent to support discussion. (1.2 marks) An adequate range of peer reviewed journal references was included and used to support discussion. (1.5 marks) A broad range of quality peer reviewed journal references and other sources was included and used effectively to support discussion. (2 marks) An extensive amount of high quality evidence from peer reviewed journal articles and other sources was included and used effectively to support discussion.

len1995719

5/25/2018 2:02:32 AM

Presentation (2 marks) (0 mark) Report was lacking key elements and was poorly presented. Writing did not flow clearly leaving the paper to seem disjointed. Referencing was not in accordance with relevant guidelines. Basic English was used with errors present. (0.5 mark) Report lacked some elements and was poorly presented. Writing often did not flow clearly leaving the paper to seem somewhat disjointed. Referencing was not entirely in accordance with relevant guidelines. Basic English was used with errors present.

len1995719

5/25/2018 2:01:57 AM

Providing at least 02 recommendations to the company for Implementing ABC Model (5 marks) (0 mark) Unable to recommend (1.5 marks) Unable to recommend to the company for Implementing ABC Model (2.5 marks) Demonstrate an adequate explanation to the company for Implementing ABC Model (3 marks) Demonstrate a good understanding of Implementing ABC Model for the company (3.5 marks) Demonstrate a very good understanding of Implementing ABC Model for the company (5 marks) Demonstrate an excellent understanding of Implementing ABC Model for the company

len1995719

5/25/2018 2:01:50 AM

Providing at least 02 recommendations to the company for Implementing ABC Model (5 marks) (0 mark) Unable to recommend (1.5 marks) Unable to recommend to the company for Implementing ABC Model (2.5 marks) Demonstrate an adequate explanation to the company for Implementing ABC Model (3 marks) Demonstrate a good understanding of Implementing ABC Model for the company (3.5 marks) Demonstrate a very good understanding of Implementing ABC Model for the company (5 marks) Demonstrate an excellent understanding of Implementing ABC Model for the company

len1995719

5/25/2018 2:01:43 AM

explanation of ABC model aligns with the current goal and strategies of the company (5 marks) (0 mark) Unable to explain how ABC model aligns with the current goal and strategies of the company (1.5 marks) Unable to demonstrate an adequate explanation of how ABC model aligns with the current goal and strategies of the company (2.5 marks) Demonstrate an adequate understanding of how ABC model aligns with the current goal and strategies of the company (3 marks) Demonstrate a good understanding of how ABC model aligns with the current goal and strategies of the company (3.5 marks) Demonstrate a very good understanding of how ABC model aligns with the current goal and strategies of the company (5 marks) Demonstrate an excellent understanding of how ABC model aligns with the current goal and strategies of the company

len1995719

5/25/2018 2:01:30 AM

hii this is my new assignment of managerial accounting andf my selected company is TPG TELECOM LTD ASSIGNMENT should be done according to rubric and assessment policy which i have both attached with that please check it and reply ,me ASSAP Criteria Poor Need Improvement Satisfactory Good Very Good Excellent Total Explanation of ABC Model and its features (3 marks) (0 mark) No description of ABC Method (1 mark) A poor or incomplete description ABC Method (1.5 marks) An adequate description of ABC Method (1.8 marks) A good description of the ABC Method (2 marks) A very good description of the ABC Method (3 marks) An excellent description of ABC Method

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