Standard Costing and Variance Analysis, Abc Costing
Strategic Management Accounting
APC309
Individual assignment
Weighting – 100% of the marks for this module
This is an individual assignment of 3,000 words, excluding the bibliography and any appendices. The word count MUST be shown on the front cover of the assignment.
All of the learning outcomes for the module are being assessed in this assignment. The learning outcomes are shown in the section entitled “Marking Guide”, which is further on in this document.
The University’s policy on cheating collusion and plagiarism will be applied to this piece of work.
The assignment has three questions. All three questions carry the same maximum mark and all three questions are compulsory.
The hand in date is: Monday 10th January 2011
Background information on the imaginary organisation to which the three questions relate:
You are a consultant management accountant who has been engaged by a medium to large, fast growing company Jessup ltd. The company is involved in advertising and public relations and is run by four directors who are all advertising experts. While the company is doing very well they feel it has reached a stage where they need better management of the accounting function. Generally, they are unsure of the strategic benefits a senior management accountant would bring and particularly they have concerns with which costs are most relevant to decision making and of any methods by which they can accurately cost their activities.
You are required to produce a report to the directors which addresses the following three questions:
Question 1: What are the key roles which a strategic management accountant would undertake in an organisation such as Jessup?
Question 2: What is meant by the terms relevant and irrelevant costs and revenues in Strategic Management Accounting decision making? Include several small numerical examples in your answer. .
Question 3: What are the benefits and problems of introducing activity
APC309
Individual assignment
Weighting – 100% of the marks for this module
This is an individual assignment of 3,000 words, excluding the bibliography and any appendices. The word count MUST be shown on the front cover of the assignment.
All of the learning outcomes for the module are being assessed in this assignment. The learning outcomes are shown in the section entitled “Marking Guide”, which is further on in this document.
The University’s policy on cheating collusion and plagiarism will be applied to this piece of work.
The assignment has three questions. All three questions carry the same maximum mark and all three questions are compulsory.
The hand in date is: Monday 10th January 2011
Background information on the imaginary organisation to which the three questions relate:
You are a consultant management accountant who has been engaged by a medium to large, fast growing company Jessup ltd. The company is involved in advertising and public relations and is run by four directors who are all advertising experts. While the company is doing very well they feel it has reached a stage where they need better management of the accounting function. Generally, they are unsure of the strategic benefits a senior management accountant would bring and particularly they have concerns with which costs are most relevant to decision making and of any methods by which they can accurately cost their activities.
You are required to produce a report to the directors which addresses the following three questions:
Question 1: What are the key roles which a strategic management accountant would undertake in an organisation such as Jessup?
Question 2: What is meant by the terms relevant and irrelevant costs and revenues in Strategic Management Accounting decision making? Include several small numerical examples in your answer. .
Question 3: What are the benefits and problems of introducing activity