You were recently employed as a management trainee in a manufacturing firm. The Managing
Director of your company had formed a taskforce was formed to explore the possibility of
implementing an Activity-Based Budgeting system in the company. You were assigned to the
taskforce due to your accounting background.
Your group is required to prepare a report to comment on the suitability of Activity-Based Budgeting
for a ASX-listed manufacturing company of your group’s choice (your company). The report should
cover the followings:
a) A description of your company
b) A description of the Activity-Based Budgeting and its features
c) In what ways Activity-Based Budgeting differ from traditional budgeting system
d) In what ways Activity-Based Budgeting can facilitate planning and control activities in your
e) A discussion on whether the Activity-Based Budgeting is suitable to your company
The report should include the following components:
? Assignment cover page clearly stating your name and student number
? A table of contents, executive summary
? A brief introduction or overview of what the report is about.
? Body of the report with sections to answer the above issues and with appropriate section
? List of references
The report should be grounded on relevant literature and all references must be properly cited and included
in the reference list.
To ensure that all students participate equitably in the group assignment and that students are responsible
for the academic integrity of all components of the assignment. All groups need to include a table which
identifies which student/students are responsible for the various sections of the assignment