Based on your selected journal article, discuss citing

Assignment Detail:- HI5017 Managerial Accounting Assignment - Holmes Institute, Australia Assessment Purpose of the assessment -with ULO Mapping- - Students are required to develop their understanding of the purpose and use of management accounting systems, and its usefulness in aiding managers make informed decisions- You are to critically evaluate the literature -using journal articles- to analyse the practical use of management accounting systems by contemporary companies, in terms of their relevance to the decision-making by managers and achievement of business goals- Individual Assignment Specifications - Purpose: This assignment aims at developing your understanding of the purpose and use of management accounting systems, and its usefulness in aiding managers make informed decisions- You are to critically evaluate the literature -using journal articles- to analyse the practical use of management accounting systems by contemporary companies, in terms of their relevance to the decision-making by managers and achievement of business goals- Assignment Part - Journal Article Critique You are required to conduct a literature search and discussion in this assignment- You are to choose a peer reviewed journal article -from any country- on the: Use of Budgeting as a management technique for managing resources- The article should be published between 2010 - 2020- Choose your article only after you have accessed several relevant articles, and then choose the best articles that will answer the assignment question below- Required: Critically evaluate the relevance and challenges of budgeting systems by answering the 5 questions below: Question 1- Briefly discuss the budgeting process- Question 2- Based on your selected journal article, discuss citing examples whether the budgeting process satisfies the purpose of planning, controlling and evaluating performance- Question 3- The two widely used practices in preparing budgets are 'top down' budgeting and 'bottom up' budgeting- Identify and explain the practice adopted by the organisation discussed in your selected journal article and further explain the behavioural implications of adopted practice- Question 4- Based on your literature findings -above-, critically evaluate the comment that 'traditional budgeting practices are constraint on creativity, and the time and energy spent on budget formulation is better spent elsewhere'- Question 5- Based on your literature findings -above-, would you recommend budgeting for contemporary organisations for planning and control purpose???? Explain- Assignment Structure:- The report should include the following components: a- Assignment cover page clearly stating your name and student number b- Abstract -one paragraph- c- Table of contents d- A brief introduction or overview of what the report is about- e- Body of the assignment with appropriate section headings f- Conclusion g- List of References- Attachment:- Managerial Accounting-rar
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