...[pic] FACULTY OF BUSINESS AND ECONOMICS ACCG828 Management Control Systems Seminar 2 OBJECTIVES AND LEARNING OUTCOMES Objectives: 1. to identify, explain and provide examples of results, actions, personnel and cultural controls, and, 2. to analyse real-world scenarios identifying problems with management controls, and recommend solutions to the problems identified. Upon completion of learning activities relating to Seminar 2, the student should be able to demonstrate knowledge and understanding of: 1. the key concepts and principles relating to results, actions, personnel and cultural controls forming a management control systems and, 2. apply conceptual knowledge to recognise and solve problems concerning real-world MCS issues. This seminar contributes to enhancing students’ discipline-knowledge and skills, and critical, analytical and integrative thinking. readings[1] 1. Merchant and Van der Stede (2012). Chapter 2 Results Control. 2. The Case of Atlanta Home Loans, Merchant and Van der Stede (2012), page 22. questions for discussion[2] 1. This case is described as an example of extreme control failure. Comment on this statement based on your understanding of the causes of management control problems. 2. What caused the company’s problems, that is were the problems due to failures in the company’s strategy or control system, or both? 3. How would you describe the results controls that Al Fiorini...
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...[pic] FACULTY OF BUSINESS AND ECONOMICS ACCG828 Management Control Systems Seminar 1 OBJECTIVES AND LEARNING OUTCOMES Objectives: 1. to describe the nature of management control systems as a core function of management within a management accounting context, and, 2. to provide an overview of the unit outline including the learning outcomes, learning and teaching activities, assessments and grading procedures. Upon completion of learning activities relating to Seminar 1, the student should be able to demonstrate knowledge and understanding of: 1. the nature of management control systems as part of the management process and, 2. the differences between strategic control systems and management control systems, and 3. causes of management control problems and control problem avoidance using control alternatives. This seminar contributes to enhancing students’ discipline-knowledge and skills. readings[1] 1. Merchant and Van der Stede (2012). Chapter 1 The Control Function of Management. 2. Chenhall (2003) Management Control Systems Design within its Organisational Context: findings from contingency-based research and directions for the future, Accounting, Organizations and Society, 28, pages 129-134. questions for discussion[2] 1. Read Section 3 (page 129 only) in Chenhall (2003) relating to the ‘Meaning of MCS’ a. Explain how Chenhalls’ meaning of MCS is similar and/or different to that of...
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