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  • Assignment - Management Accounting

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    n.mahomod
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    The document provides instructions for students submitting assignments for the Open University of Mauritius. It states that assignments must be submitted by the deadline to avoid marks being deducted, and outlines formatting guidelines. Students must follow the Harvard referencing style and include a references list. The document warns that plagiarism or collusion will be penalized and may result in no marks being awarded. It also provides points to remember when submitting assignments, such as submitting through Blackboard by the given date and ensuring the Turnitin similarity report is below 20%. The case study and assignment questions involve convincing a new chairman of the benefits of a management accounting system for a company and distinguishing management and financial accounting. The deadline is

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    ASSIGNMENT_MANAGEMENT ACCOUNTING

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    The document provides instructions for students submitting assignments for the Open University of Mauritius. It states that assignments must be submitted by the deadline to avoid marks being deducted, and outlines formatting guidelines. Students must follow the Harvard referencing style and include a references list. The document warns that plagiarism or collusion will be penalized and may result in no marks being awarded. It also provides points to remember when submitting assignments, such as submitting through Blackboard by the given date and ensuring the Turnitin similarity report is below 20%. The case study and assignment questions involve convincing a new chairman of the benefits of a management accounting system for a company and distinguishing management and financial accounting. The deadline is

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    27 views3 pages

    Assignment - Management Accounting

    Uploaded by

    n.mahomod
    The document provides instructions for students submitting assignments for the Open University of Mauritius. It states that assignments must be submitted by the deadline to avoid marks being deducted, and outlines formatting guidelines. Students must follow the Harvard referencing style and include a references list. The document warns that plagiarism or collusion will be penalized and may result in no marks being awarded. It also provides points to remember when submitting assignments, such as submitting through Blackboard by the given date and ensuring the Turnitin similarity report is below 20%. The case study and assignment questions involve convincing a new chairman of the benefits of a management accounting system for a company and distinguishing management and financial accounting. The deadline is

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 3

    OPEN UNIVERSITY of MAURITIUS

    INSTRUCTIONS TO STUDENTS for assignments:


    Read properly the mode of submission
    Please note that any assignment submitted after the deadline, marks will be deducted as per
    assignment submission procedure document.
    Format: Please follow the guidelines in the document ‘Format and Guidelines’ available on
    Blackboard Learn.
    You are required to conform to Harvard referencing style.
    Please include a list of REFERENCES at the end of your document.
    Plagiarism/collusion will be heavily penalised and may result in non-award of marks.

    POINTS TO REMEMBER WHEN SUBMITTING YOUR ASSIGNMENT:

    Please submit your assignment on the Blackboard Learn as per the Guidelines emailed to
    you by your Programme Manager.

    The cut off date for the submission cannot be extended, and if you miss the due date, you
    will have to submit the new assignment the FOLLOWING SEMESTER with the
    administrative implications.

    NOTE: The similarity index acceptance level at Open University is 20%. Before
    submitting your assignment ensure that the Turnitin Report does not exceeds 20%.

    The Open University of Mauritius will not hold itself responsible or liable for the non-award
    of marks if you fail to submit the assignment as per the required mode of submission.

    1
    Assignment question-Answer all questions

    CASE STUDY
    Company Xerox (Xerox) has been engaged in the production of fizzy drinks namely Spirito
    since 2011. It has captured more than 30% of the market share in South Africa and is on the
    verge of expansion. Every quarter, the Finance Manager prepares the set of financial
    statements and submit them to the Board for approval. Based on financial figures and
    estimates, the prices of Spirito is fixed. The Finance Manager only ensures that the costs of
    production are absorbed in the pricing.

    After 8 years, a new Chairman of the Board has been recruited. The new Chairman is
    mesmerized that Management accounting reports are not prepared by the Finance Manager.
    The new Chairman decided to meet the Chief Executive Officer (CEO) to discuss the issues.
    The CEO agreed with the new Chairman and they finally issued new instructions to the
    Finance Manager to prepare Management accounting reports to the Board. The new
    Chairman believes that Management information is crucial for managerial decision-making
    based on his wide industrial experience. On the other hand, the Finance Manager believes
    that Management accounting has a lot of disadvantages. Hence, this will affect decision-
    making in Xerox.

    The Finance Manager called a meeting with his finance team to guide them to prepare
    Management accounting reports. The Accountant of Xerox is now facing difficulties of big
    data and analytics.

    REQUIRED:

    (A) Provide convincing arguments to the new Chairman of Xerox how a Management
    Accounting system will improve the current decision-making (20 Marks)

    (B) Critically distinguish Management accounting and Financial accounting


    (10 Marks)

    2
    Deadline for Submission: 15th March 2024
    Submission Mode: OUlearn Blackboard
    Word count: 1500-2000 words

    NOTE: PLAGIARISM WILL BE HEAVILY PENALISED AND LATE SUBMISSION


    WILL ALSO BE PENALISED

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