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Case #1: ACCT 331, Section AE Spring 2022

Background Taylor Linley is a first-year college student in the business school. Although they know they want to study business, they have not decided on a major yet. To help with that decision, Taylor is trying to learn as much as they can about all the business majors. Taylor knows little about accounting; however, they have heard it has many different applications and offers students a variety of ways to work in the business world after graduating. Taylor is interested in learning more about the different areas within the accounting major and how they apply in the business world. Your task As upper-level students in a cost accounting course, you are going to help Taylor learn more about this one area within the field of accounting. You will first find a cost accounting-related current events article published in the last twelve months from one of the following four publications: The Wall Street Journal, The New York Times, the Financial Times, or The Washington Post. You can access these publications for free online through the Suffolk library. If you don’t know how, please see a reference librarian.

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• Choose an article carefully! Simply containing the words “accounting” and/or “cost” is not enough to make it relevant for this assignment. Articles that discuss companies’ earnings announcements are not acceptable for this assignment.

Then, you will write a memo addressed to Taylor that includes the following:

• Summary: a summary in your own words about the article. This should not be copied directly from the article and your use of quotations should be minimal. Anything used from the article, whether quoted or paraphrased, must be cited appropriately.

• Significance: a detailed explanation of the significance of the article. This should discuss why you chose the article and how it relates to a specific cost accounting topic from class. Consider who this article impacts and how. Think critically about how the article connects to cost accounting, and how it helps to illustrate an application of something from cost accounting in a real company setting. What did you learn from reading the article?

• Appropriate language: recall that you are addressing a first-year college student who has not had any accounting courses yet, so your explanation should include key concepts of the topic but be in a language that a non-accountant could understand. At the same time, it is a formal piece of writing, so it should not include slang, jargon, or any other casual/informal speech. Written communication is important for all areas within accounting, and your memo should help demonstrate this point.

• Source documentation: this includes both in-text citations and a reference list. Please cite your sources using APA guidelines: https://owl.purdue.edu/owl/research_and_citation/apa_style/apa_formatting_and_style_g uide/reference_list_articles_in_periodicals.html

 

 

 

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Memo format Please apply all the following memo format guidelines when preparing your submission:

• The header in a memo should be single spaced. • The header in a memo should include the following lines: To, From, Subject, and Date. • A memo’s subject should be brief yet descriptive/informative about the contents of the

memo. • The body of a memo should be single spaced with one line skipped in between each

paragraph. • Paragraphs tend to be short in memos because they are single spaced. • Paragraphs are not indented in a memo. • A memo should have a brief introduction that explains its purpose to the reader. It should

tell the reader why you are writing the memo. • Memos do not need an opening or closing salutation/greeting (e.g., Hello, Dear, To,

Sincerely, From, Best, etc.). • If you are using different sections in the body of a memo, the title of each section should

stand out from the rest of the text in the memo’s body (e.g., because the section title is underlined or in bold font).

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