For this project I would like to
make the report on Samsung or Sony which one is more convenient to find
relevant materials.
The project is going to be presented
in 3 stages. 1) proposal 2) outline 3) final submission.
For this week I need a
project proposal of 750 words with in text referencing, no plagiarism as max
tolerance is 9%.
Below are the details of the project
please readthem so you can have a better understanding of the subject
Individual Project
This week you will be starting work
on your Final Project for this module. The purpose of the Final Project is to
apply the concepts and techniques of the module to the analysis of real-world
situations or problems. Students are expected to use diverse sources of
information and to carry out an original analysis rather than summarise or
rehash existing work. Students are encouraged to use situations and data from
their own experience where possible.
Your task for this week is to prepare and hand in
a Project Proposal that includes the nature of the project, the sources of
information you plan to use, and the most important concepts and techniques to
be applied.
For this module, you are required to
complete a course project that reveals mastery in application of the management
accounting and finance concepts emphasised in the course. This involves
reporting on a specific organisation within an industry and the management
accounting and finance practices that affect the value of the chosen firm or
industry. This project should be a formal business report that provides both
specific processes and strategies involving budgeting, costing, capital
decision making, capital acquisition, and cost of capital structure of the
chosen firm. These processes and strategies are to be supported with management
accounting concepts.
For this project, you will select a
company that you are familiar with or work for.
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.