For this module, you are required to complete a course project that reveals mastery in application...

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For this module, you are required to complete a course project that reveals mastery in application of the management accounting and finance concepts emphasised in the course. This involves reporting on a specific organisation within an industry and the management accounting and finance practices that affect the value of the chosen firm or industry.
This project should be a formal business report that provides both specific processes and strategies involving budgeting, costing, capital decision making, capital acquisition, and cost of capital structure of the chosen firm. These processes and strategies are to be supported with management accounting concepts. For this project, you will select a company that you are familiar with or work for.
The task is to hand in the outline of your Project Report and to begin revisions as soon as you receive feedback from your Instructor. The outline should not include detailed sections of the Final Project.
Instead, it should be a specific and crisp overview of the contents that will comprise the final report, which will provide a detailed account of the five tasks listed below.

Assess the budgeting process and procedures for the organisation with regards to preparation techniques, uses for evaluation, differences between business units/divisions, etc.
Analyse how the organisation collects, stores, and prepares management accounting information, particularly the use of a management accounting system (MAS) and how information is disseminated throughout the organisation.
Evaluate the costing process and procedures of the organisation with respect to method or approach utilised.
Assess the capital decision making process within the organisation with regards to what methods are utilised, how such methods are chosen, how projects are selected and managed, and what measures are employed to evaluate performance.
Evaluate the criteria or mechanisms used by the organisation for deciding how best to acquire capital and analyse the capital structure of the company.

The annotated outline should address each of the tasks listed above. You need to briefly describe what information you will include in each section of the report that will satisfy these requirements. The work that will be carried out in the outline should represent a higher-level view than the contents of the Final Project.

005_ckxk95k-y5nfov3e.docx

Robert · Accepted Answer

Annotated outline 1 
 
Running head ANNOTATED OUTLINE
Names 
Institution 
Date
Annotated outline 2 
 
1. Background information of the report  
This report analyses management accounting and finance practices of Syngenta a world 
class company with operations in 90 countries around the world. The company helps in the 
bringing of plant potential to life. Syngenta is dedicated to improving health, productivity, 
improving the quality of life and protection of the environment. The company has a long history 
going back into the 1980s but it was not until November 13, 2000 that it was founded. In this 
year, Novartis and AstraZeneca merged their operations forming Syngenta. The company has a 
major goal of improving the rural livelihoods in the rural areas all over the world in a sustainable 
manner (Syngenta 2012). 
2. Firms budgeting process  
Syngenta prepares its budgets annually with a master budget being prepared by the parent 
company for mall the divisions. The budget sets the financial and schedule goals that must be 
met by the stipulated time. The budget of reviewed for areas that need to be improved after the 
end of the period. Where the goals were not met, the management will seek an explanation from 
the concerned parties as to why the discrepancy appeared and recommend on what need to be 
done in future. Where targets are easily met, the management will review the objectives to make 
theme difficult but achievable. 
The master budget is of two types; financial and operating budgets. The financial budgets 
are responsible for controlling cash flows from payments and collections that are of financial 
nature. Financial budgets are responsible for such transactions like borrowings, dividends, taxes 
and raising capital. Operating budgets handles cash flows from such operations like receivables, 
sales and grants.

For this module, you are required to complete a course project that reveals mastery in application of the management accounting and finance concepts emphasised in the course. This involves reporting...

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