This week you will be starting work on your Final Project for this module. The purpose of the Final...

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This week you will be starting work on your Final Project for this module. The purpose of the Final Project is to apply the concepts and techniques of the module to the analysis of real-world situations or problems. Students are expected to use diverse sources of information and to carry out an original analysis rather than summarise or rehash existing work. Students are encouraged to use situations and data from their own experience where possible.
Your task for this week is to prepare and hand in a Project Proposal that includes the nature of the project, the sources of information you plan to use, and the most important concepts and techniques to be applied.
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.
Your tasks are to:

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.

005_jk-13dvfiib.docx

Robert · Accepted Answer

Introduction 
The paper outlines the project proposal for the final report. The company chosen for 
analysis in the report is Samsung Electronics. Samsung Electronics Co. Ltd., along with all its 
subsidiaries, engages in the manufacture, distribution, as well as the sale of numerous electronic 
products as well as device solutions globally (Samsung Annual Report, 2011). The company 
offers various consumer products, which includes various mobile phones, tablets, CD & DVD 
players, TVs, home theaters, multimedia players, and digital cameras and a number of home 
appliances. Samsung Electronics is also involved in design as well as manufacture of integrated 
circuits for the storage of digital information that includes random access memories (Samsung 
Business Summary, 2013). The company has operations in Korea, the US, Europe, Asia, Africa, 
as well as China. The company was incorporated in 1938 and is currently headquartered in 
Seoul, South Korea (Samsung Annual Report, 2011). The project proposal will outline the nature 
of the project, sources of information that would be used for conducting research on Samsung 
and various concepts and techniques to be employed for analyzing the information.  
Nature of the Project 
The project would analyze the management accounting and financial practices that affects the 
value of Samsung Electronics. It would lay emphasis on the processes as well as strategies 
involving budgeting, costing, capital decision making, capital acquisition, and the cost of capital 
structure of the chosen firm. Based on the public filings and available information for Samsung 
Electronics, the project will assess various budgeting process as well as procedures for the 
company in regards to the techniques of preparation,

This week you will be starting work on your Final Project for this module. The purpose of the Final Project is to apply the concepts and techniques of the module to the analysis of real-world...

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