STRATEGIC MANAGEMENT ACCOUNTING blogpost---200words

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ACCT5931

STRATEGIC MANAGEMENT ACCOUNTING

Individual Real-Life Blog Posts (15%) When: Submit a real-life blog post before your assigned seminar in Weeks 4, 5, 7 and 8. Aim: To help you identify and analyse real-world applications of strategic management accounting (SMA) Required: Every student is required to submit a real-life blog post that applies the content for the assigned topic (Topics 4, 5, 7 and 8 only) to real-world events. Specifically, you should discuss a real-world event (from 2016 to present) that directly relates to at least one concept of your choice from the assigned topic that week. The source document/s relating to your real-world event are required to be cited as reference/s (not included in the word count) – and these should be drawn from newspapers, business press, credible websites. Your real-life blog post must address the following two (2) criteria:

1. Describe a real-world event or business issue to which a SMA concept from this topic applies 2. Apply the SMA concept to this real-world event and discuss the specific insights it provides

The following table provides indicators of good vs. poor real-life blog posts to help you consider what should be included in your own real-life blog posts, with respect to criteria 1 and 2:

Criteria GOOD real-life blog post POOR real-life blog post

1. Describe a real- world event or issue to which a SMA concept from this topic applies

• Describes key features of real- world event (with supporting evidence provided).

• Clearly indicates the SMA concept which applies to the real- world event/issue.

• Describes some aspects of the real-world event.

• Provides little or no supporting evidence.

• Offers limited connection between the SMA concept and real-world event/issue.

2. Apply the SMA concept to the real- world event and discuss the insights this provides

• Insightfully applies the SMA concept, to demonstrate understanding of the concept and meaningful application of this to the real-world context.

• Clearly identifies insights provided by this application.

• Makes some relevant points in applying the concept, but demonstrates limited conceptual understanding or incomplete application of the SMA concept.

• Offers limited insights from application (e.g., too general, poorly argued points).

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Each of the four (4) real-life blog posts will be graded out of 5; all four blog real-life blog posts (total grade out of 20) will then be adjusted to a grade out of 15%.There is no special consideration for the real-life blog post assessment. Required:

• Your real-life blog post should be submitted as a Word document via Turnitin on the ACCT5931 Moodle site, before your assigned seminar in Weeks 4, 5, 7 and 8.

• Your blog post should be 150-200 words (excluding references).