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Pages:
10 pages/β‰ˆ2750 words
Sources:
10 Sources
Style:
APA
Subject:
Accounting, Finance, SPSS
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 46.8
Topic:

Contribution Of Advanced Management Accounting

Essay Instructions:

Part A

“Leaders of business, public service and third sector organisations are increasingly recognising that in discharging their varied duties they must address the significant risks of global environmental change, including the economic and social risks that can flow from it. They are also recognising the interaction of a broader range of risks and opportunities arising from, and impacting upon, ecological, social and economic sustainability as among the most urgent and complex challenges facing their organisations and society more broadly” (Hopwood, et al., 2010).

As leaders of organisations are becoming more aware of a diverse range of sustainability-related challenges, their organisations and advisors are working on developing a range of accounting and accountability practices which will help in identifying and managing sustainability –related risks and opportunities.

Required:

Critically evaluate the contribution of management accounting and the management accountant to accounting for sustainable development. Your critique should be supported by literature and practical issues.

Part B

Choice any retail company or a Strategic Business Unit of a retail company and design, develop and outline a Balanced Scorecard (BSC) for the company or the Business Unit incorporating environmental measures. Where feasible your BSC should have specific measures / targets. 

Contribution of the assignment to the to overall module mark 50%.  Approximate mark split indicated.

All sources and references should be shown.  

Format: 

This is an academic assignment.  In terms of format, your work should be well structured, clearly presented and adequately referenced, making use of suitable headings and sub-headings within the text. It is recommended that you also use page numbers and a table of contents page. A comprehensive bibliography is expected.  You may also make use of appendices where appropriate.

Essay Sample Content Preview:
Advanced Management Accounting Name Institutional Affiliation Table of Contents  TOC \o "1-3" \h \z \u  HYPERLINK \l "_Toc512207222" Introduction  PAGEREF _Toc512207222 \h 3  HYPERLINK \l "_Toc512207223" The Contribution of Management Accounting for Sustainable Development  PAGEREF _Toc512207223 \h 3  HYPERLINK \l "_Toc512207224" The Contribution of Management Accountant to Accounting for Sustainable Development  PAGEREF _Toc512207224 \h 6  HYPERLINK \l "_Toc512207225" Balanced scorecard (SBC) for Intrepid Travel Company  PAGEREF _Toc512207225 \h 8  HYPERLINK \l "_Toc512207226" Purpose Statement  PAGEREF _Toc512207226 \h 8  HYPERLINK \l "_Toc512207227" The Change Agenda  PAGEREF _Toc512207227 \h 9  HYPERLINK \l "_Toc512207228" Creation of a Map  PAGEREF _Toc512207228 \h 9  HYPERLINK \l "_Toc512207229" Creation of Measures  PAGEREF _Toc512207229 \h 10  HYPERLINK \l "_Toc512207230" Explanation of the Intrepid Travel Company SBC  PAGEREF _Toc512207230 \h 15  HYPERLINK \l "_Toc512207231" Conclusion  PAGEREF _Toc512207231 \h 16  Advanced Management Accounting Introduction Many business organizations have management accounting that is majorly used in assessing the financial performance of these organizations. Management accounting offers an elaborate platform upon which business organizations develop their sustainability practices. It is important to note that management accounting is a continuous process that may be accrued out quarterly, half yearly or yearly depending on the laid down management policies and procedures of respective organizations (Fullerton, Kennedy & Widener, 2014). The immense contribution of management accounting in facilitating and influencing decision making in many business organizations cannot be underscored. For instance, a business organization can only venture into a new business or decide to expand its activities after an evaluation of its financial position, indicating that the business organization is experiencing a good flow of profits (Williams, 2014). This essay critically evaluates the contribution of management accounting and the m...
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