Blog
Assessment Coversheet and Feedback Form Faculty of Business, Law and Social Science
Assessment Coversheet and Feedback Form
Faculty of Business, Law and Social Science
College of Accountancy, Finance & Economics
Complete the details marked in the coloured text and leave everything else blank. Where appropriate, copy and paste your submission after the first pages as indicated. You are reminded of the University regulations on cheating. Except where the assessment is group-based, the final piece of work which is submitted must be your own work. Close similarity between submissions is likely to lead to an investigation for cheating. You must submit a file in an MSWord or equivalent format as tutors will use MSWord to provide feedback including, where appropriate, annotations in the text.
Student Name
Oluwamayowa Adefolaju
Reasonable Adjustments
Student Number
21136311
Check this box [x] if the Faculty has notified you that you are eligible for a Reasonable Adjustment (including additional time) in relation to the marking of this assessment. Please note that action may be taken under the University’s Student Disciplinary Procedure against any student making a false claim for Reasonable Adjustments.
Course and Year
Module Code
ACC5041
Module Title
International Accounting & Finance Issues
Module Tutor
Personal Tutor
Hesham Ali
First Marker Name:
First Marker Signature:
Date:
March 2024
Feedback: General comments on the quality of the work, its successes and where it could be improved
See marking grid below.
Provisional Uncapped Mark Marks will be capped if this was a late submission or resit assessment and may be moderated up or down by the examination board.
/ 30 marks
Feed Forward: How to apply the feedback to future submissions
Quality and use of Standard English and Academic Conventions
Spelling Errors
Style is Colloquial
Standard is a Cause for Concern
Grammatical Errors
Inappropriate Structure
If the box above has been ticked you should arrange a consultation with a member of staff from the Centre for Academic Success via
Punctuation Errors
Inadequate Referencing
Moderation Comments (Please note that moderation is carried out through ‘sampling’. If this section is left blank, your work is not part of the sample.)
Moderation is done via sampling. Your work was not part of the sample.
Moderator Name:
Moderator Signature:
Date:
Marking Criteria – Please study this page carefully
Criteria
Article 1
Article 2
Article 3
Comments
Possible marks
Marks awarded
Comments
Possible marks
Marks awarded
Comments
Possible marks
Marks awarded
In-text citation
1
1
1
Reference list entry
2
2
2
Summary of article
4
4
4
Relation to own work
3
3
3
10
10
10
Total marks awarded
Article 1
Article title
Beyond Budgeting and change: a case study
BCU-Harvard Reference (does not count towards your words)
In-text citation:
(Sandalgaard & Bukh, 2014)
List of references entry:
Sandalgaard, N., & Bukh, P. N. (2014). Beyond Budgeting and change: a case study. Journal of Accounting & Organizational Change 10 (3), 409-423. doi:10.1108/JAOC-05-2012-0032
Summary of article
This article examines how BBA actually initiates and sustains change in organisations. To this end, the researchers conducted interviews in a multinational company to identify how BBA changed the way they do things. The findings indicated that BBA encourages a focus on fixed budget targets. These standards are decentralised to the lower level, and everyone in the company feels they are responsible for a specific target. This created a meaningful and deeper appreciation of the budgeting process, which was previously viewed by many in the lower levels as a remote act. Also, inefficiencies driven by poor supervision or uninvolved employees were reduced significantly when BBA was introduced.
How this article relates to your area of investigation
As a firsthand analysis of the nature and scope of BBA and its application, the article provides a straightforward insight into the explanations relating to the superiority of modern budgeting methods. The grievances and gaps identified by the interviewees provide a strong starting point for the modelling of the research at hand to ensure a high-quality research process and more reliable conclusions.
URL or upload a copy of the article to Moodle
https://www.emerald.com/insight/content/doi/10.1108/JAOC-05-2012-0032/full/html
Article 2
Article title
Beyond budgeting: review and research agenda
BCU-Harvard Reference (does not count towards your words)
In-text citation:
(Nguyen & Hiebl, 2018)
List of references entry:
Nguyen, D. H., Weigel, C., & Hiebl, M. (2018). Beyond budgeting: review and research agenda. Journal of Accounting & Organizational Change 14 (3), 314-337. doi:10.1108/JAOC-03-2017-0028
Summary of article
In this article, a systematic literature review was conducted into the main benefits and advantages BBA has over traditional accounting techniques. In the process, a total of 32 scholarly articles were reviewed by the scholars. They identified that BBA targets many areas that are overlooked by traditional Budgeting. This involved a comprehensive management control system that ensured that performance indicators were considered at every level of a company. BBA was confirmed to encourage data-driven targeting that could be broken down into shorter targets that could be monitored, attained, and exceeded. This took an extremely long period of time to achieve under traditional budgeting systems. The downside of the BBA identified in the study is that initial implementation could be demanding and require experience and retraining. However, once those short-run costs are met, BBA could provide sustained gains for a company over into the distant future. This made investments in establishing BBA frameworks worthwhile.
How this article relates to your area of investigation
Depth and scope is what this research brings to the proposed study. Since it examines over 30 articles, it provides a broad overview of the nature of BBA in practice. As a collection of many writings and conclusions, this study provides a robust and reliable comparison of traditional budgeting and BBA in ways that exposes many different dimensions of the modern budgeting. It will be used to conduct a more meaningful literature review that targets the most relevant issues at hand.
URL or upload a copy of the article to Moodle
https://www.emerald.com/insight/content/doi/10.1108/JAOC-03-2017-0028/full/html
Article 3
Article title
(does not count towards your words)
Beyond Budgeting – A High-hanging Fruit The Impact of Managers’ Mindset on the Advantages of Beyond Budgeting
BCU-Harvard Reference (does not count towards your words)
In-text citation:
(Heupel & Schmitz, 2015)
List of references entry:
Heupel, T., & Schmitz, S. (2015). Beyond Budgeting – A High-hanging Fruit The Impact of Managers’ Mindset on the Advantages of Beyond Budgeting. Procedia Economics & Finance 26, 729-736. doi:10.1016/S2212-5671(15)00831-X
Summary of article
BBA was identified to be a tool that encourages managers and employees to participate in decision-making, accept coaching better, and develop more relevant key success factors to steer a company in all departments and units. This was a conclusion drawn after empirical research of dominant data and anecdotal evidence from practice presented by various managers. The study also identified that BBA could be a superior tool in promoting organisational justice because it promotes targets and performance-driven delegation systems that everyone in an organisation can see. As such, it helps ensure that everyone feels they have a clear role and that what they do becomes much more apparent for all to see. Again, the scholars identify that implementation of BBA might be expensive in terms of new logistics and structures. However, the greater cost is in changing the mindsets of employees to respond to BBA. This takes a considerable period of time. However, once mindsets are changed, employees and managers are more likely to operate more efficiently and effectively.
How this article relates to your area of investigation
Organisational justice and transparency are key ideas that are presented by this article. It will help the article model and study these qualitative pointers in a more definite and accurate manner.
URL or upload a copy of the article to Moodle
https://www.sciencedirect.com/science/article/pii/S221256711500831X
1