MANAGEMENT ACCOUNTING

INTRODUCTION:

The main objective is to expose students to prepare and present a very comprehensive business report. This report aims to mimic the real situation whereby instructions are given on an ad-hoc basis, lack of information, instruction not clear, lots of uncertainty, and tight deadlines. Further, sometimes the Chief Executive Officers (CEO) is difficult to approach for further clarification on the assignment given. To complete this project, the students are expected to adopt or explore fundamental skills in the Industrial Revolution (IR) 4.0 environment such as:

• Creativity and Innovativeness

• Business analytics skill i.e. Excel.

• Big Data tools, Artificial Intelligence and Integrated database and computing

ASSESSMENT METHODS:

Details	%
Report: Convincing Presentation via Dashboard Final Report (average 12 pages)	15 15
Total	30

THE SHORT CASE

JQ Construction is a housing developer in Selangor, Malaysia. Currently, there is an ongoing project in Bukit Jalil, Kuala Lumpur where the company builds a 30 story condominium on two acres of land. This project is almost 80% completed. However, in terms of sales, from the available 240 units, only 35 units have been sold. The selling price is RM 700,000 per unit. Each unit has a built-up area of 1,500 square feet. The company is concerned about the soft property market due to Covid 19 pandemic. Due to this unexpected low number of units sold, the company is facing a cash flow problem.

You are required:

The CEO has instructed YOU as the Business Development Director to immediately prepare a COMPREHENSIVE report on the projects current status and its future direction. From time to time, you may ask further questions from the CEO for clarification (Your Instructor will act as the CEO of JQ Construction).

Note: Explanation might be different for each group.

INSTRUCTIONS:

BUSINESS REPORT

1. The maximum number of members in this project is FOUR students. The presentation will be held during Week 12. Your lecturer will inform the groups presentation schedule.

2. The final report, dashboard file, excel spreadsheet file, and other related materials MUST be uploaded to Google Classroom on or before 3 January 2021, Sunday, 11 p.m. PLEASE DO NOT USE PDF FORMAT EXCEPT FOR SUPPORTING DOCUMENTS.