Reference no: EM132370696 , Length: word count : 3000

Assessment Type: Group Assignment – Report and Group Video presentation

Subject Learning Outcomes Contribution to Course Graduate Attributes

a) Analyse the roles of cost and management accounting in organisations through the analysis of accounting concepts and tools

b) Evaluate and apply financial and non-financial performance measures and tools used in assessing and rewarding individual and corporate performance

c) Describe how management control theory and concepts apply to complex organisational settings through the generation of accounting and organisational reports

d) Apply contemporary approaches to pricing and product mix decisions in organisational contexts

e) Evaluate the role of ethics in management accounting contexts.

Topic: Management Control Systems – Remuneration and the measurement of management performance.

Task Details: Each group is to critically review the policies, methods and the methodology that is used by an Australia public company. They are to assess these performance measurement practices specifically in relation to the company’s key management personnel as outlined in the Remuneration Report.

Note that other Director Remuneration is excluded from this review. In particular, each group should consider the following aspects of their policy and practices:

a) How the performance measurement system measures may affect the ethical behaviour and the culture of the organisation;

b) Which performance measures are likely to have the greatest motivational impacts on management behaviour; and

c) An evaluation of the financial and non-financial measures in achieving desirable outcomes, i.e. those best ‘aligned’ with shareholder outcomes.

Note – Each group will be allocated a company to review in Week 4. Research should commence immediately on the theory related to this task.

Research requirements: Groups are expected to research the academic literature related specifically to executive pay, remuneration, ethical behaviour, motivational theory and management control theory and analyse the way such research relates to the practices of the company they will review. A minimum of twenty peer reviewed academic references are required.

Word count: The word count will depend on the number of students in the group. The absolute minimum number of words per student is 500 and a maximum of 750. Therefore, a group with four members should submit a report (excluding cover pages, references and appendices) of between 2000 and 3000 words, if five members, then between 3000 and 3750 words.

No more than 4000 words will be marked! (Appendices excluded from the word count.)

Video length: Videos submitted should be 5 minutes in length.