Management
Accounting and Control BS3517

Coursework assignment: write a 2,500
word essay on the following topic:

“The
budget has historically played center stage in most organizations’ systems of
management control (Otley, 1994). However, recently it has
been the subject of considerable criticism (Hansen et al., 2003). Budgeting has
been deemed ‘broken’ (Jensen, 2001), ‘a thing of the past’ (Gurton,
1999), or an ‘unnecessary evil’ (Wallander, 1999)”

(Libby & Lindsay, 2010: 56).

Required:

Critically
assess the argumentsand the evidencefor the claim that organizations no
longer need budgets.

References

You should
consult academic journal articles for
your coursework. Forget about the internet, other than to seek academicreferences.

Plagiarism

Plagiarism
will be dealt with severely (see your Handbook for details, and see the
University guidelines as to what constitutes plagiarism).

Referencing

Remember to
reference your sources using an appropriate citation system, such as Harvard. Essays will lose marks for poor
referencing style.

Grammar

You are strongly advised to proof read your essay in order to correct
grammatical errors, incorrect spelling, and poor sentence structuring. Seek
help if you are unsure. There are university resources to help students improve
their grammatical skills. These resources are available to both home and
overseas students.Essays will
lose marks for poor grammatical style.

Do not use
bullet points in your essay.

Unsubstantiated assertions

Do not make unsubstantiated assertions.
Essays will lose marks if littered
with unsubstantiated assertions. If you are unsure about what an
unsubstantiated assertion is, do some research to find out about the issue, and,
importantly, how to avoid making unsubstantiated assertions.

Criteria for assessment

See your
Module Outline for details.

Please note the need to avoid being both prescriptive and descriptive
in order to gain anything other than a third-class/2.2 mark (at best). See your
Module Outline for details.

Satisfactory completion of the module is an
overall pass mark of 40 percent. In addition, a minimum mark of 35 percent is
required on each separate assessed item that has a weighting of 10 percent or
more of the overall assessment for a module. This coursework is worth a total
of 30 percent of the overall marks available for BS3517 Management Accounting
and Control.