ACT-302 - Strategic Management Accounting - Report Writing - Management Accounting Assignment Help

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Assignment Task

 

Purpose.
Peaceful and harmonious living is something all beings must enjoy across generations. Sustainable practices allow contributing to this noble cause. This assignment provides students with an opportunity to design a sustainability accounting system for a firm with sustainability as its core enterprise model. You will work as four members in a group of your choice. Your first task is to examine the real-life firm assigned to you. This assignment aims to build your work-integrated knowledge, skills, and application.

You are required to provide evidence-based reasoning for the sustainability accounting system design.
1. Choose products and services provided by the firm. Design an activity-based costing (ABC) framework to measure their costs.
2. Use the Global Reporting Initiative (GRI) framework and develop a performance measurement matrix for managers to support its core sustainability model. (You may also need to think about other parameters such as pricing of the products).
3. Use the Balanced Scorecard (BSC) framework to report financial and non-financial matrices that support the firm's core sustainability model.
4. Relate the ABC, GRI, and BSC operational frameworks as informing the UN Sustainable Development Goals framework that strategically informs the firm's vision, mission, and goals.

Data sources.
• The group will decide upon data sources.
• The most credible is the peer-reviewed academic journal articles. There are also business magazine articles, newspaper articles, articles found on electronic platforms.
• The group must determine the relevance and reliability of the collected data from each data source.
• The group must cover at least two peer reviewed journal articles supporting their design about the enterprise environment, ABC, GRI, BSC, and UN Sustainability Development Goals.

Nature of data.
• The group makes that decision. Data about the enterprise about the operational and strategic environment can help.
• The environmental data can include but limited to demographics – firm size, leverage, board of directors and executive leadership, and ownership.
• You may also need data relating to costings, financials, and not-financials, and performances. The brief discussion has not provided an exhaustive list.

 

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