Reference no: EM132460568 , Length: 1400 Words

Management Accounting Assignment -

Otley (1999) contended that organisations, in order to improve their performance, should consider five important issues: the key objectives for the organisation; the strategies and plans to achieve these objectives; the definition of specific targets linked to these objectives; the rewards that managers and employees gain by achieving these targets; the information flows that are necessary to enable the organisation to learn from its experience. Discuss the importance of management accounting tools in planning and controlling the performance of modern businesses, considering the above mentioned issues.

Tasks -

1. You are to find six sources, which you will critically review to prepare the assignment. Plan and structure your writing. Style and content are both important.

2. The six sources selected can only be taken from published books and academic journals available in the University library or its online resources, e.g. online journals and E-books. You may not use the readings provided on the reading list for this module. Articles listed in Additional Reading on Moodle can be used.

3. For each source selected, you are to write between 200-250 words in a summary outlining the contribution of the source to the argument relevant to the essay topic allocated to you. Please see the Academic Regulations which stipulate what is and is not included in the count. See also 'Word Count' on page 9 below. The summary of a source must start with the following details of the source: title, year and author(s).

4. In the summary of a source, you are to include one relevant direct quote from the source, properly referenced according to the Harvard Reference Guidelines.

5. At the end of your essay, a list of references must be provided, set out according to the Harvard Reference Guidelines.