ACCY 302: Accounting for Strategy, Performance, and Value Assignment Sample NZ

In order to achieve success, organizations need to have a clear understanding of their strategy and how it aligns with their performance and value creation objectives. The course will also help students understand how value is created in an organization and how it can be maximized.

The course will start by providing an overview of the strategic planning process, including the steps involved and the key considerations that need to be taken into account. This will be followed by a discussion of performance management, including how to track and report on organizational performance as well as identify and address potential issues. The final part of the course will focus on value creation, including how to measure and optimize value creation.

The strategic planning process is one of the most important steps that an organization can take in order to achieve its goals and objectives. The process begins with the formulation of a vision and mission statement, which provide a clear direction for the organization and set the tone for all future decisions.

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Get Solved assignment sample For (ACCY 302) accounting for Strategy, Performance, and Value Course

Students who successfully complete this course will have the knowledge and skills needed to be professional writers. Here, we are describing some tasks. These are:

Assignment Task 1: Evaluate an organization’s strategy and associated risks using a strategy-based value chain and examine the linkages to and between strategy, processes, and activities

A strategy-based value chain is a tool that can be used to help assess the effectiveness of an organization’s strategy. It encapsulates the strategic logic behind how organizations create value, which is divided into three main components:

1. Strategy formulation and implementation, which includes developing and implementing the core operating model
2. Supporting processes, including leveraging existing resources and reducing variability in operations
3. Enabling activities, such as marketing, human resources, and information technology

The value chain can help identify the key areas that need to be improved in order to support the organization’s strategy. It can also help identify potential risks and opportunities that may arise as a result of the strategy.

The linkages between strategy, processes, and activities are also important to consider. For example, the way that an organization’s strategy is implemented may impact the effectiveness of its supporting processes. Similarly, the way that supporting processes are managed can impact the ability of the organization to achieve its strategic objectives.

Assignment Task 2: Explain the importance of strategic decision-making and the resulting implications for an organization at the strategic, process, and activity level

Strategic decision-making is important because it affects how an organization’s strategy is implemented and achieved. The decisions that are made determine the activities that need to be performed in order for the organization to succeed, which can affect its overall performance.

There are also implications for organizations at the strategic, process, and activity levels of the value chain. For example, the selection of a new market to enter may require changes to the organization’s strategic plan, its supporting processes, and even the activities that are performed.

It is important to note that not all decisions will have an impact at all three levels. Some decisions may only affect the organization’s strategy, while other decisions may only affect the supporting processes. It is also possible for decisions to have an impact at different levels depending on the circumstances.

Assignment Task 3: Evaluate divisionalization options, alternative transfer pricing systems, and performance management systems

Divisionalization refers to the organization’s structure, which can be defined by functional, product, geographic, or market segments. Divisionalized organizations tend to perform better than undivided ones because they allow for greater specialization. As a result, this allows employees to become more efficient and effective in their roles while also minimizing conflict between departments.

However, divisionalization also has the potential to create challenges such as creating a lack of alignment between business units and leading to duplication of efforts across divisions. It can also cause problems if it is not supported by an effective transfer pricing system because this allows managers to determine how resources will be allocated and assigned based on each division’s profitability.

An effective performance management system is also important for divisional-sized organizations. This system helps to ensure that the objectives of each division are aligned with those of the organization and that employees are held accountable for their results. Without an effective performance management system, it can be difficult to ensure that divisionalization benefits the organization as a whole.

Assignment Task 4: Discuss supplier and customer value and the management accounting implications of supplier and customer linkages

Customer and supplier linkages represent the different ways in which organizations interact with each other. These include both existing relationships, such as strategic partnerships between firms, and potential future relationships.

These relationships can represent opportunities for an organization because they often enable it to conduct more business or provide better service than it could do on its own. At the same time, these relationships also present challenges because they can be difficult to manage and can lead to conflict.

The management accounting implications of supplier and customer linkages include the need to develop accurate measures of the value that is created by each relationship. Organizations need to be able to quantify the benefits that they receive from their suppliers and customers in order to make informed decisions about which relationships to maintain and which ones need to be strengthened or terminated.

In addition, organizations must develop effective strategies for managing these relationships in order to ensure that they are beneficial rather than harmful. This can include developing integrated management systems across multiple business functions, such as finance, human resources, marketing, etc., in order to make certain that the company is working together to achieve common goals.

Assignment Task 5: Examine the management accounting contribution to the management of quality and sustainability

The management accounting functions can contribute to the management of quality and sustainability in a variety of ways. For example, organizations need accurate cost information when they are trying to determine whether or not to invest in improvements that will benefit these areas, such as increasing recycling efforts. They also need this type of information when they are trying to evaluate alternative options for improving quality or reducing environmental impacts.

In addition, management accountants can help to improve the quality of products and services by providing decision-makers with accurate and timely information about the costs and benefits of different options. This allows them to make sound decisions that are in the best interests of the organization while also ensuring that high-quality products and services are being delivered to customers.

Management accountants can also help organizations to become more sustainable by providing information about the financial implications of different environmental initiatives. This allows decision-makers to weigh the costs and benefits of these initiatives before deciding whether or not to implement them. In addition, management accountants can help organizations to track their progress in becoming more sustainable so that they can evaluate the success of these initiatives.

The management accounting literature is generally focused on applying theory, teaching students how to prepare financial statements, and giving financial statement users information so they can make informed decisions about investments or expenditures. The area of cost allocation or transfer pricing may be one exception where there are frequent studies in journals on challenging traditional practices and proposing innovative solutions (Gopal & Sivaramakrishnan, 2007).

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