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For this project, you will select a company
that you are familiar with or work for. If you have chosen a company to
research for a previous module, you must inform the Instructor and send him or
her the previously submitted work. The Instructor will then inform you whether
or not you may reuse the same company.
Your tasks are to:
Assess the budgeting process and procedures
for the organisation with regards to preparation techniques, uses for
evaluation, differences between business units/divisions, etc.
Analyse how the organisation collects,
stores, and prepares management accounting information, particularly the use of
a management accounting system (MAS) and how information is disseminated
throughout the organisation.
Evaluate the costing process and procedures
of the organisation with respect to method or approach utilised.
Assess the capital decision making process
within the organisation with regards to what methods are utilised, how such
methods are chosen, how projects are selected and managed, and what measures
are employed to evaluate performance.
Evaluate the criteria or mechanisms used by
the organisation for deciding how best to acquire capital and analyse the
capital structure of the company.
Your Final Project should follow the given
outline:
Brief description of company
Description of firm’s budgeting process
Management accounting information system
Costing process
Capital decisions
Capital acquisition and structure
Conclusion
Your Final Project should also include a
section on how and where you obtained the information sources as well as the
methodology used to perform any analysis. This project should follow a
structured approach and should be prepared and presented as a professional
business report