HI5017 Managerial Accounting Assignment Answers is the study of financial analysis where based on the analysis business decisions are made, it is a very common part of the managers in the higher echelon of the company. It is not to be confused with financial analysis as the purpose of managerial accounting is to identify and do analysis for a much more internal purpose so that the company can make better business decisions. This specific code happens to be a chapter or rather a unit of a vast master's course. Holmes institute is known for the course Master of Professional Accounting (MPA) which is specifically a finance assignment special course. Everything taught in HI5017 course is finance-related. Students are expected to become financial experts while perusing this course and shine brightly in the field as financial experts. It is a two-year course wherein year 1 one of the units taught is managerial accounting.
The HI5017 Managerial Accounting Assignment Answers course part will be aiming at teaching the main concepts of managerial accounting and various techniques that include business transaction processing, learning the cost accounting system. They also focus on teaching how financial information can be used for decision-making and help in various organizational achievements with real-life practical problems. The specific code is a part of a course meaning this is just a specific subpart of a major course that specializes in financial instruments and other financial studies and is well taught at the Holmes Institute in Australia.
Location – The course is taught in all 5 branches Melbourne, Sydney, Brisbane, Gold coast, and Cairns.
Study level – Master’s Degree specifically a part of Masters of Professional Accounting (MPA)
Unit code – HI5017
Brief of HI5017 Managerial Accounting Assignment Answers
When it comes to accreditation which is the number one trust factor for any students the accreditations that they have are Chartered accountants Australia and New Zealand, CPA Australia, and The Institute of Certified Management Accountants. They follow the AQF level 9 standards hence the study will occur with the utmost discipline and guidance from the institute. This is the highest form of accreditation that any institute can provide when it comes to studying a financial course on a master's level or professional course level. The HI5017 Managerial Accounting Assessment Answers unit was developed with the idea of making the students ready to handle the financial challenges and situational analysis internally so that decisions may be taken and hence they took the liberty of filling up the unit with enough real-life practical scenarios study and case studies which will help the students to learn and grow.
The students will develop special skills stemming from the practical and real-life scenarios presented to them on an international professional level so that they are aware of global financial decision-making as well. These are methods of expanding the post-graduate skill set that one has, furthermore other master's degrees that specialize in management can be added as a future course of action to have an even better professional growth scope. The HI5017unite has 4 learning outcomes:
Critical analysis of the financial information provided to them and recommendations to be given to improve the condition.
Evaluation of various approaches to find out the most efficient and effective one.
To be able to properly demonstrate with data the requirement of balance between financial and non-financial information to make financial decisions and another decision making.
Analysis of financial statements of any company to find out their strengths and weaknesses.
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The HI5017 Managerial Accounting Task Solution unit as a singular has enough knowledge and skill development to open various job opportunities but when clubbed together with other units and the entire course on completion will give various job openings some of the most popular ones available to students are:
Business risk management
When it comes to delivery of the HI5017 Managerial Accounting assessment they follow the traditional approach of face-to-face delivery that is the physical classes where students are required to be present in the institute for lectures and projects. Study materials relevant to the unit along with other project details and case studies will be provided by the institute. The teachers will not only teach face to face but also act as mentors and guides during the projects and real-life practical case studies so that the students receive proper guidance and learn well. There will be 1.5 hours of lecture per week based on the unit and 1 hour of interactive tutorials per week with 30 minutes discussion board system per week will all together form the delivery pattern and system which will be followed till the end of the course.
Weightage of the HI5017 Managerial Accounting Assessment Answers courses
This specific unit will go on for one trimester and has a total of 3 credit points on weightage. The HI5017 Managerial Accounting assessment can be further divided into 4 parts to complete the unit. The first part has gone through modifications due to the recent pandemic of Covid-19 hence there will be an online test which will roughly take place on week 5 and will have 10% weight. The length will be one hour. Then the second phase will have an individual assignment which will start at the beginning of week 9 with a short deadline and will have the requirement of 3000 words minimum. This happens to have 30% weight with the objective of understanding the development of the students. Here students are expected to use a managerial accounting system to demonstrate their knowledge of the subject and tools along with correct methods, in the end, they must conclude with decisions that will have a positive impact and justification of the financial data-driven decision along with a scenario that may take place. The third HI5017 Managerial Accounting assessment is an individual reflective journal that will have 10% weight and must have a minimum word count of 1000 words, this is to take place in week 11. The fourth and final HI5017 Managerial Accounting assessment is the tutorial questions which comprise the maximum weight that is 50% and will take place in week 13 that will cover all the chapters and will go through all 4 learning outcomes.