Accounting for Decision Makers (941N1)

Accounting for Decision Makers (941N1)
Assessment: Report
Limit: 3000 words
You have a choice. You must attempt EITHER Question 1 OR Question 2.
Your answer must be 3,000 words in total EXCLUDING any abstract, bibliography, or appendices.

Question 1
The international convergence of accounting standards refers to the goal of establishing a single set of high- quality accounting standards to be used internationally, and the efforts of standard-setters towards achieving that goal.
Critically discuss the following statement, indicating the benefits of a single global set of accounting standards to users of financial statements, and highlighting the problems any attempt to achieve this goal might face: “For users of published financial statements, the international convergence of national and international accounting standards into one set of internationally recognised and applied financial reporting standards, promised great benefits, but it was never going to be achieved on a global scale.”

Accounting for Decision Makers (941N1)
Your answer should be illustrated with appropriate examples and extensive use should be made of relevant literature.

Question 2
Making appropriate reference to appropriate sources, select ONE of the following strategic management accounting techniques and critically discuss how it may be used to manage performance in an organisation: (c) The balanced scorecard
OR
(d) Budgeting
Your answer should make extensive use of relevant literature.
Coursework Submissions
For guidance on how to submit coursework in BMEc, please refer to this page: http://www.sussex.ac.uk/bmec/internal/forstudents/submissions Students submitting essays and other coursework assessments should be aware that the penalties imposed upon students committing academic misconduct may include obtaining zero marks for the assessment unit, or even more severe penalties. See http://www.sussex.ac.uk/s3/?id=155 for further information. The most common forms of misconduct that are usually detected are plagiarism and personation. Find out more about them – and how to avoid them, see: http://www.sussex.ac.uk/s3/?id=35

Accounting for Decision Makers (941N1)
Writing Well and Avoiding Academic Misconduct
Plagiarism, collusion, and cheating in exams are all forms of academic misconduct which the University takes very seriously.
Every year, some students commit academic misconduct unintentionally because they did not know what was expected of them. The consequences for committing academic misconduct can be severe, so it is important that you familiarise yourself with what it is and how to avoid it.
The University’s S3 guide to study skills gives advice on writing well, including hints and tips on how to avoid making serious mistakes. You will also find helpful guides to referencing properly and improving your critical writing skills. Make use of the resources there.
If you are dealing with difficult circumstances, such as illness or bereavement, do not try to rush your work or hand in something which may be in breach of the rules. Instead you should seek confidential advice from the Student Life Centre. The full University rules on academic misconduct are set out in the Examination and Assessment Regulations Handbook.

Accounting for Decision Makers (941N1)

By admin in Essays on July 27, 2016