Identify the various types of management accounting

Assignment Help Managerial Accounting

Reference no: EM133693294

Purpose of the assessment: Students are required to develop their understanding of the types of management accounting information that assists managers in organisational planning and control purposes. You need to critically evaluate the literature (using journal articles) and online reputable sources (e.g. government reports and professional accounting bodies' websites) to determine the practical use of management accounting information by contemporary organisations and their relevance to decision-making by managers and achievement of business goals.

Part A
Examine the historical evolution of Management Accounting (MA) from its origins to the present day, highlighting key factors driving its evolution. Support your discussion with relevant examples and empirical evidence where applicable.

Based on your research findings from (1) above, select and discuss two factors that particularly interested you. Justify your choices by explaining why these factors stood out to you in the context of MA's evolution.

Discuss the benefits of understanding the origins of Management Accounting (MA) for a management accountant in modern organizational contexts. Provide specific examples or scenarios to support your argument.

Reference requirement for Part A:
You must provide at least 3 relevant academic journal articles, and follow the Holmes Institute Adapted Harvard Referencing, which include providing the hyperlink to the full text of the cited reference source. Ensure to support your answers with credible sources and references from academic journals. Search and read several journal articles before you select the relevant articles you will use for the assignment in Part A.

For academic journal articles, you can search online using Google Scholar (not Google) or access relevant Management Accounting and Accounting Journals via the ProQuest Database.
Some journals can be accessed in ProQuest by clicking on the links below: Journal of Management Accounting Research
Journal of Applied Management Accounting Research Accounting, Auditing and Accountability Journal
The Accounting Review

Log-in details in 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.

Part B

Read the journal article: Sustainable and Clean Energy: The Case of Tesla Company (Maradin, Malnar, & Kaštelan, 2022), to access the article and answer the following questions:

Identify the various types of management accounting information, specifically 4 financial and 4 non- financial in the journal article and present your answer in a table format.

Choose any two concepts listed below and describe how they are implemented in Tesla Company.

Strategic Planning: Describe how Tesla applies strategic planning in its operations.
Costing: Explain how Tesla utilizes costing methods in its business processes.
Sustainability: Discuss how Tesla integrates sustainability practices into its operations.
Value Creation: Describe how Tesla focuses on creating value for its stakeholders.
Value Chain: Explain how Tesla manages and optimizes its value chain to enhance efficiency and create value for its customers.
Provide two lessons management accountants can gain from studying Tesla Company's approach and practices. (4 marks)

Assignment Structure:
The assignment should include the following components:
The assignment cover page which clearly states your name and student number
Abstract (one paragraph)
Table of contents
A brief introduction or overview of what the assignment is about
Body of the assignment with appropriate section headings
Conclusion
List of References (follow the Holmes Adapted Harvard Referencing guidelines on pg. 2-3)

Journal: Sustainable and Clean Energy: The Case of Tesla Company by Dario Maradin, Ana Malnar and Ana Kaštelan

Reference no: EM133693294

Questions Cloud

Patient with history of drug abuse presents : A patient with a history of drug abuse presents to the ED in a stupor. Drug screens are ordered to check for amphetamines, cocaine, opiates, and barbiturates.

Patient wants to taper off the medication : A 42-year-old female on alprazolam 1mg BID for panic attacks. Panic attack have been in remission and the patient wants to taper off the medication

Health educators are crucial to addressing food insecurity : Health educators are crucial to addressing food insecurity as they provide accurate information on nutrition, food resources,

What methods do you believe help strengthen a family : What do you think are the most important needs of a family to function and why? What methods do you believe help strengthen a family and its relationships?

Identify the various types of management accounting : HI5017 Managerial Accounting, Holmes Institute - Identify the various types of management accounting information, specifically 4 financial and 4 non- financial

Medication reconciliation : When a patient is transferring facilities or units it is important to have a medication reconciliation to ensure that you are administering medications

What is your responsibility to a patients caregiver : What is your responsibility to a patient's caregiver? What education do they need? Thinking back to what you have learned about community resources

Particularly vulnerable to issues of health disparity : Identify a population that you will likely serve as an advanced registered nurse that you think is particularly vulnerable to issues of health disparity

Ebp helps reduce inefficient practices : Through various courses I have learned about the significance of EBP. EBP helps reduce inefficient practices, reduces unsafe patient care,

User Account

All Pages