Management accounting undergraduate
Background (words 1000)
Individual Reflective Journal Specifications
Purpose:
The Individual Reflective Journal is to ensure each student is able to contribute to document a critical reflection of their personal learning process, as experienced during this unitYour notes will serve as a reminder of what you learnt, and how you experienced the learning process. A significant aspect of the learning journal will be your reflections on what you discovered from your group assignment
Assignment Task:
1. Reflections on any one topic covered in the unit that interests you the most from this unit. Why was it interesting and what had you learnt from it?
2. Reflections on your experience as a group member in the group assignment. What went well, what did not go to plan and what had you learnt from it?
3. Reflections on what you had learned from the group assignment. What insights had you gained and what had you learned from this experience?
Required reflective journal
Management accounting undergraduate
Background
Your group is required to prepare a report to provide advice on the suitability of the BSC for an ASX listed company, which is selected by your group.
The report must cover the following key points:
a) A description of your company.
b) Calculation of Return on Investment (using net profit divided by total assets) and a discussion of the ways to improve ROI.
c) A description of the Balanced Scorecard (BSC) and its key components.
d) A description of the ways the implementation of the BSC can improve the competitive advantage(s) of your company.
e) A discussion and conclusion of the overall suitability of BSC to your selected company.
And the report was about NAB bank