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HA2011 Managerial Accounting
Trimester 1 2018
Group Assignment
Holmes Institute

Background:

You are recently employed as a graduate consultant in a management consultancy firm and are assigned to a team. One of your firm’s clients is currently evaluating its budgeting system. The CEO of your client had recently attended a seminar on Balanced Scorecard (BSC) in private companies and would like to know whether BSC is suitable to the company. Your manager has asked your team to prepare a report for the client.

Assignment Required:

Your group is required to prepare a report to comment on the suitability of BSC for a company of your group’s choice (your firm’s client). The report should cover the followings:

a) A description of your firm’s client
b) A description of the BSC and its features
c) In what ways BSC is different from traditional performance measurement systems
d) A discussion on whether the BSC is suitable to your firm’s client

HA2011 Managerial Accounting
Trimester 3 2018
Group Assignment
Holmes Institute

Background:

You were recently employed as a management trainee in a manufacturing firm. The Finance Director of your company had recently attended a seminar on standard costing and would like to a taskforce was formed to explore the possibility of implementing standard costing in the company. You were assigned to the taskforce due to your accounting background.

Assignment Required:

Your group is required to prepare a report to comment on the suitability of standard costing for a manufacturing company of your group’s choice (your company). The report should cover the followings:

A description of your company
A description of the standard costing and its features
In what ways standard costing can facilitate planning and control activities in your company
A discussion on whether the standard costing is suitable to your company

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