Question
Assessment details : Assume you work as graduate for large consulting firm. As part of your professional development, you have been asked to select a
Assessment details
: Assume you work as graduate for large consulting firm. As part of your professional development, you have been asked to select a newspaper / magazine article (written in English) which raises management accounting problems regarding a specific organization, which require solution.
Analyse the issues raised by the article chosen and write a memorandum (a report format will not be marked) addressed to the board of directors of the organisation chosen. Your analysis should include:
1) Consideration of the management accounting issues raised by the article, including any potential strengths / opportunities as well as any weaknesses / threats identified.
2) Consideration of management accounting techniques or tools which lead to solutions / courses of action / lessons learned that you would offer to the board of directors as to how the issues identified can be tackled or how the organisation concerned can improve its performance.
3) Any other relevant matter that you believe will be of use to the board of directors.
Here is the link of websites for the article to write about:
1. https://www.theaustralian.com.au/business/retail/food-inflation-more-than-doubles-over-the-three-months-to-december-ubs-report/news-story/aa0ecf9480b3ffd6c4ea1a9ef87fc031
2. https://www.theaustralian.com.au/breaking-news/woolworths-admits-to-worsening-wages-scandal-warns-inflation-will-force-shelf-price-hike/news-story/6e3edc3f905b3f9915028c8275a8018c
3. https://www.theaustralian.com.au/business/woolworths-announces-big-move-to-ease-cost-of-living-crisis/news-story/33bcdd42a16c120cdc3fe0db19f81193
4. https://www.theaustralian.com.au/news/latest-news/major-supermarket-announces-price-drops-for-hundreds-of-items/news-story/3d58f5935e59244bd2517093a0907650
5. https://www.theaustralian.com.au/business/companies/is-a-slimmeddown-boral-now-a-better-business/news-story/3321fd1018c3c5b2d2afea6fdb3f95c4
6. https://www.afr.com/chanticleer/the-surprising-factor-in-woolies-supply-chain-pain-20211027-p593k4
7.https://www.theaustralian.com.au/business/retail/woolworths-shoppers-starting-to-trade-down-to-cheaper-foods-as-inflation-soars-and-cost-of-living-pressures-bite-ceo/news-story/fa16100eb50934af6a4d865e0ad30bc9
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