Strategic Management Accounting.
Please see detailed information in regards to the assessment in the attachment ‘ACC305 Information’ – this has all the information required in detail. The article that the assignment is focused on is below: https://www.smh.com.au/national/none-of-this-is-right-development-plans-spark-fury-at-the-block-20181113-p50ftw.html The idea of this assessment is to identify modern management accounting issues instead of traditional issues and apply them to the scenario and advise the board of how the situation could be resolved. This kind of management accounting is more strategic than numerical. For example, how would this article effect the company financially and what could be done from an accounting perspective to help? Institutional Theory in accounting is applicable so please include that. Could a donation to the aboriginal community do some damage limitation? What else could Deicorp do to make themselves look better and limit the effect on their finances? I have attached lecture slides from our classes, this is the only applicable content to the assessment as they do not mark us on it if it is not taught in class