Write a fully referenced individual essay (maximum 1,500 words excluding references) addressing the following proposition: Accounting has a negligible role in either developing appropriate M&A (Mergers & Acquisitions) strategies, or in allowing us to judge whether M&A activity has been successful.
In preparing your answer you might find it useful to take the following approach:
• Discuss relevant theory on M&A activity, its role in business practice, and the determinants of its success or failure.
• Drawing on your research of relevant academic literature and examples from practice, discuss the role – if any – of accounting on the various stages of M&A activity as well as its role in informing stakeholders on entities’ post M&A performance.
• Considering the various lenses through which one may view the topic, critically discuss whether you think accounting plays a minor or a major role in M&A activity.
To complete this exercise, you must carry out your own search of the literature and provide evidence of your ability to analyse, synthesize, and critique relevant theoretical concepts and research methods. You will also evaluate the practical implications of alternative views and propositions on current issues in accounting practice.
A++ to A-grade
B+ to B- grade
Coverage of relevant theory
Excellent coverage of a range of relevant theories. Excellent links between theory and practice.
Very good coverage of a range of appropriate theories. Developing good links between theory and practice.
Analysis and discussion
Excellent analysis of the question demonstrating independence of thought with well-argued points. Conclusions flow logically from the analysis.
High level of analysis of the issues, with the key points covered and well argued in terms of the question. Very good conclusions covering the main points.
Evidence of reading and research
Evidence of information gathered from a wide variety of sources, all appropriately sourced and referenced.
Evidence gathered from a good variety of sources, all appropriately sourced and referenced.
Structure and Presentation
Excellent grammar and presentation with a clear statement in the introduction of how the question is to be answered, conclusions and a bibliography / reference list given.
Very good presentation with good grammar and logical structure. Ideas are clearly expressed within the suggested word count.