critically assess arguments and the evidence for claim that organizations no longer 267822

Management Accounting and Control BS3517 Coursework assignment: write a 2,500 word essay on the following topic: “The budget has historically played center stage in most organizations’ systems of management control (Otley, 1994). However, recently it has been the subject of considerable criticism (Hansen et al., 2003). Budgeting has been deemed ‘broken’ (Jensen, 2001), ‘a thing of the past’ (Gurton, 1999), or an ‘unnecessary evil’ (Wallander, 1999)”  (Libby & Lindsay, 2010: 56). Required: Critically assess the arguments and the evidence for the claim that organizations no longer need budgets.  References You should consult academic journal articles for your coursework. Forget about the internet, other than to seek academic references. Plagiarism Plagiarism will be dealt with severely (see your Handbook for details, and see the University guidelines as to what constitutes plagiarism). Referencing Remember to reference your sources using an appropriate citation system, such as Harvard. Essays will lose marks for poor referencing style. Grammar You are strongly advised to proof read your essay in order to correct grammatical errors, incorrect spelling, and poor sentence structuring. Seek help if you are unsure. There are university resources to help students improve their grammatical skills. These resources are available to both home and overseas students. Essays will lose marks for poor grammatical style. Do not use bullet points in your essay. Unsubstantiated assertions Do not make unsubstantiated assertions. Essays will lose marks if littered with unsubstantiated assertions. If you are unsure about what an unsubstantiated assertion is, do some research to find out about the issue, and, importantly, how to avoid making unsubstantiated assertions. Criteria for assessment See your Module Outline for details. Please note the need to avoid being both prescriptive and descriptive in order to gain anything other than a third class/2.2 mark…