. Justify their technique in solving cost accounting and issues related to its nature and roles (CLO2).

You are required to carry out research into a topic in management accounting, analyse and evaluate the current state of development or application of that topic, and present your findings in the form of a fully-referenced report. Select ONE of the topics in the following management accounting areas / issues below:-

1.Most large organisations adopt divisionalised structures. The manner in which divisional performance is controlled and measured is, therefore, of particular importance.

2.Traditional budgeting practices come under criticisms and a new paradigm known as Beyond Budgeting was developed in hope to address those critical issues.

3.Management accountants are increasingly pressured to develop relevant managerial accounting systems to support organisations in managing their strategic endeavours.

Guidelines for Assignment 2

It is suggested that your research includes, inter alia, the following aspects in your report:

Brief description of the topic

How and when it was first developed, and why

How it has evolved since then

How widespread it is e.g. all types of organisations or only certain sectors

How effective it has proved to be

What are the benefits found when using this technique

What are the costs/problems found when using this technique

Would you regard it as generally applicable, or only for certain organisations/circumstancesThe above list is meant to be suggestive and by no means exhaustive. You should select the direction and approach that is most effective. The preceding research should be linked to the rise of various contemporary management accounting techniques where discussion and critical evaluation is required. You should find some articles which are positive and some which have found drawbacks, and you should choose articles which help you gain a general insight into the benefits and possible drawbacks of various modern management accounting techniques.

Report Writing format: Your work must be produced using MS Word or similar.

1.Font: Times New Roman

2.Spacing: One and a half (1.5)

3.Number of words: 3,500 words (approximately)

4.Numbering of page: bottom, center.

Your report must include a minimum of 10 references from a range of sources. Please note all the 10 must be journal references. Referencing: All work should be referenced using the Harvard Referencing as required by the university.