Accounting Case 1 Case #1: ACCT 331, Section AE Spring 2022 Background Taylor Linley is a first-year college student in the business school. Alt

Accounting Case 1

Case #1: ACCT 331, Section AE
Spring 2022

Background
Taylor Linley is a first-year college student in the business school. Alt

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1

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.

• 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).

Due date
Tuesday, March 8, 2022 à a Word document with your memo AND a PDF copy of the article
should be posted on Blackboard in the Case 1 assignment area by 5:00 PM EDT/EST.

Please note

• Late assignments will receive a 10-point deduction for each day late. Assignments more
than two days late will not be accepted, and the Case 1 assignment will no longer be
available on Blackboard after this time.

• Submissions that do not include a PDF copy of the article will receive a 10-point
deduction.

• This assignment should be something new you have written for this class in this semester.
If you have done similar work for any other class, please do not submit it for this one. All
assignments on Blackboard are run through SafeAssign for plagiarism and if you turn in
an assignment used in any other class, it will be flagged here and treated accordingly.
Please pay attention to the University’s policy on plagiarism when writing your memo.

• This assignment should be completed individually.
• Please see the grading rubric provided on the next page.

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Grading Rubric:
Performance
Criteria

Below Expectations Average Exceptional

1. Summary of
article (20%)

The summary consists mostly of citations
from the article, whether quoted or
paraphrased, and contains very little to none
of your own words. Key parts of the article
are missing from the summary, and others
have been included but summarized
incorrectly.

The summary consists of an even mix of citations
from the article, whether quoted or paraphrased, and
your own words. No key parts of the article are
missing from the summary, although they may have
been summarized incorrectly.

The summary consists mostly of your own
words, and contains few citations from the
article, whether quoted or paraphrased. No
key parts of the article are missing from the
summary. Summary is both complete and
correct.

12 14 16 18 20
2. Significance
of article for
cost accounting
(20%)

The article’s significance to cost accounting
is inadequately addressed with respect to
both why it was chosen and how it is
connected to the course. The explanation
does not include a specific topic from the
course that is connected to the article. How
the article helps to illustrate something from
cost accounting in a real company setting is
not provided. The explanation provides little
to no evidence of critical thinking and
learning from having read the article. This
could be due to the article not being relevant
for cost accounting, and/or because the
explanation of that connection has not been
well-developed.

The article’s significance to cost accounting is
adequately addressed with respect to either why it
was chosen or how it is connected to the course, but
not both. The explanation includes a specific topic
from the course that is connected to the article, and
this connection is made evident with some use of
supporting details. How the article helps to illustrate
something from cost accounting in a real company
setting is addressed with some use of supporting
details. The explanation provides some evidence of
critical thinking and learning from having read the
article.

The article’s significance to cost accounting
is adequately addressed with respect to both
why it was chosen and how it is connected to
the course. The explanation includes a
specific topic from the course that is
connected to the article, and this connection
is made evident with clear and complete use
of supporting details. How the article helps
to illustrate something from cost accounting
in a real company setting is fully addressed.
The explanation provides clear evidence of
critical thinking and learning from having
read the article.

12 14 16 18 20
3.
Appropriateness
of language
(20%)

Uses many words that are unclear,
inappropriate, and/or incorrect for
communicating the summary and
significance of the article to the audience.
This could be due to vocabulary choices that
are either too technical for the audience,
and/or too casual, informal, or consisting of
slang, jargon, or words more suited to verbal
speech, or they are being used incorrectly.
Sentence structures are inadequate for
clarity. Errors are distracting.

Occasionally uses words that are unclear,
inappropriate, and/or incorrect for communicating
the summary and significance of the article to the
audience. This could be due to vocabulary choices
that are either too technical for the audience, and/or
too casual, informal, or consisting of slang, jargon, or
words more suited to verbal speech. Most word
forms are correct. Sentence structure is mostly
effective. Presence of a few errors is not too
distracting.

All words used are clear, appropriate, and
correct for communicating the summary and
significance of the article to the audience. No
vocabulary choices are too technical for the
audience, and none are too casual, informal,
or consisting of slang, jargon, or words more
suited to verbal speech. Develops concise
standard English sentences and balances a
variety of sentence structures effectively.

12 14 16 18 20

4

4. Logic and
organization
(10%)

Does not develop ideas cogently. Uneven
and ineffective overall organization.
Introduction and/or conclusion are
unfocused or missing.

Develops unified and coherent ideas within
paragraphs with generally adequate transitions. Clear
overall organization relating most ideas together.
Good introduction and/or conclusion.

Develops ideas cogently, organizes them
logically with paragraphs and connects them
with effective transitions. Clear and specific
introduction and conclusion.

6 7 8 9 10
5. Memo format
(10%)

The document either generally does not
follow the standard format of a memo,
and/or contains many formatting errors.

The document generally follows the standard format
of a memo, with three or fewer formatting errors.

The document is essentially error-free in
terms of the standard format of a memo.

6 7 8 9 10
6.
Documentation
of sources
(10%)

Documentation of sources is inappropriate,
incorrect, or absent. This could be due to
sources not being documented or to the
wrong format used for the documentation.

Sources used are mostly documented, although there
might be occasional misses. This could be due to
missing references for work that is quoted and/or
paraphrased from a source.

All sources are thoroughly documented using
the proper format.

6 7 8 9 10
7. Spelling and
grammar (10%)

Writing contains frequent spelling and
grammar errors which interfere with
comprehension. Has not been proofread.

Writing contains minor spelling and grammar errors.
Some proofreading still needed.

The writing is essentially error-free in terms
of spelling and grammar. It has been
carefully proofread.

6 7 8 9 10

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