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ACCT1102
Introduction to Management
Accounting
1. LEARNING OBJECTIVES
The assignment task is to prepare a draft master budget. The learning objectives are:
1. Gain experience preparing ‘real-world’ budget models and analysis.
2. Apply management accounting principles: fixed and variable costing behaviors; cost-volume profit
modeling; flow of costs through inventory accounts to cost of goods sold; and links between
income, balance sheet and cash flow statements.
3. Develop Excel skills for financial models that are easy to navigate.
4. Develop analytical and communication skills by preparing a business style PowerPoint file.
5. Develop communication skills by presenting your PowerPoint in-class (in the final tutorial).
6. Gain experience in working in a group to perform a ‘real-world’ activity.
You MUST complete learning activities for Topics 5-8 before starting the assignment.
2. DATES
April 9th Topic 7 Lecture includes an assignment overview.
April 12th Deadline to form groups (or be allocated by the Course Coordinator).
April 26th Formative feedback window opens.
May 2nd (3pm) Formative feedback window closes.
May 7th (3pm) Deadline to submit Excel and PowerPoint.
May 20th – 24th In-class presentations in final week of Tutorials
2
3. PROCEDURES
3.1 Files
Your group will be emailed a ‘unique’ Stylistic Excel workbook.
See on the BlackBoard the Essential Excel Functions for Management Accounting.pdf.
3.2 Formative feedback window – April 26th to May 2nd (3pm)
During the formative feedback window, your group can send a SINGLE email of your draft file(s)
to your tutor (you do not have to submit both an Excel and a PowerPoint file).
The formative feedback you receive will use the Marking Rubric (see tables 1- 3 later in this
document) – you will receive a score against each of the marking criteria.
3.3 Final submission process – May 7th (3pm)
Email submission:
One group member is to email the Excel and PowerPoint file to your tutor in a single email. The
email MUST cc in all other group members.
TurnItIn submission:
One group member must submit to TurnItIn (see BlackBoard for instructions).
Late submissions:
Late submissions, for which no extension was granted prior to the due date, will incur a penalty of
10% of the total assessment mark per calendar day late.
3.5 Peer assessment scores
For the final submission, you MUST complete the first worksheet in your Stylistic Excel workbook
for the Peer Assessment Scoring System.
3.6 Discussion Board and where/how to ask questions
Please ask questions on the Discussion Board on BlackBoard.