The budget has historically played center stage in most organizations’
systems of management control.
Libby, T., & Lindsay, R. M. (2010). Beyond budgeting or budgeting reconsidered? A survey
of North-American budgeting practice. Management Accounting Research, 21(1), 56-76.
Required:
In no more than 1500 words, critique the use and practice of budgets within
organisations.
Marking schedule for question two:
Introduction 5 marks
Formulates and describes the issue and highlights the importance of the
topic.
Gives a brief overview of the structure of the essay.
Literature Review 10 marks
Provides a critical analysis of recent and relevant literature from a range of
sources.
Forms the basis of essay debate and discussion.
Issues and Debate 15 marks
Informed and logical argument developed and supported throughout.
Focuses on the main themes of the essay.
Relates topics and theories within and beyond class readings to the main
themes of the essay.
Presentation and Grammar 10 marks
Logical structure and concise with an appropriate linkages between
paragraphs.
Correct spelling, grammar, punctuation, varied sentence structure and
appropriate word choice.
Referencing 5 marks
Proper citing and referencing using the APA Referencing Style.
Citing and referencing at least three articles from peer reviewed journals
along with other references as appropriate.
Structure or discussion not discussed in other literature.
Conclusion 5 marks
Conclusions arise from the analysis and are linked to the purpose of the
essay.
Summarising and providing implications or future direction.