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The HKIAAT Accounting and Business Management Case Competition 2009-2010 - Tertiary Institute Group Alison Lee. Agenda. Objectives and background Entry requirements Competition details (format, structure) Supports provided by the HKIAAT Questions format Judging criteria

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Agenda

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  1. The HKIAAT Accounting and Business Management Case Competition 2009-2010- Tertiary Institute GroupAlison Lee

  2. Agenda • Objectives and background • Entry requirements • Competition details (format, structure) • Supports provided by the HKIAAT • Questions format • Judging criteria • Adjudicators’ comments on last year’s participants • Q&As

  3. Objectives • To enhance students’ ability in using accounting information for business development and their generic skills as required by today’s business world.

  4. Background • Initiated by The Hong Kong Institute of Accredited Accounting Technicians Limited (HKIAAT) since 2002. • A new competition format is adopted since last year. • Last year it attracts more than 1,000 students from secondary schools and tertiary institutes.

  5. Entry requirements • Full-time sub-degree students • Admission is on a team basis with four members (could be from different programmes or years of study), all of whom must study at the same institute. • There will be NO LIMIT on the number of participating teams from each institute. • Deadline for registration deadline:before 5:00pm, 22 January 2010 (Friday).

  6. Awards • Champion team : - $3,000 cash prize and individual trophies • - Internship opportunity at Sa Sa • 1st Runner-up team : $2,000 cash prize and individual trophies • 2nd Runner-up team : $1,500 cash prize and individual trophies • Best presenter : $500 and trophy • Merit teams (3 awards) : Trophy for each team • Certificate of participation will be issued to all participants.

  7. Three great reasons for joining • Gain internship opportunities at Sa Sa International Holdings Limited • Get real world experience by applying technical knowledge to a practical business context • Join free professional development seminars

  8. Supports provided by the HKIAAT • Two business seminars will be held during the 1st stage for all participating teams. Topics include: • Use of financial data and ratios for business analysis • Operation and strategies of Sa Sa International Limited • One Presentation Skills Workshop for Merit Teams before the Oral Presentation Competition.

  9. Competition format • There will be two rounds of competition: • 1st round – Written report • 2nd round – Public oral presentation

  10. 1st round – Written report • Each participating team is required to submit a written report in English. • Questions will be based on the Annual Report of Sa Sa International Limited. • The questions will be announced on the HKIAAT’s website on23 January 2010.

  11. Guidelines for submission of written report • Length of the report : Not more than 20 pages of A4 papers. (double-sided) • Font type and size : Arial (12 points), double line spacing • The written report SHOULD NOTbe bound nor put in any folders/files. • Separate cover page for each report with names of team members and contact details. • The content pages SHOULD NOT include the names of team members and institute.

  12. Guidelines for submission of written report (Cont’d) • Submit two hardcopies together with a soft copy (both PDF and word files) saved in a CD-Rom. • Submit to the HKIAAT by hand. • Submission deadline: before 5:00pm, 26 February 2010.

  13. Sample × Not double line spacing  Double line spacing

  14. Sample × Exceed 20 pages  Within 20 pages Penalty will be imposed on those teams who violate the specifications.

  15. 2nd round – Public oral presentation • The list of SIX finalist teams will be shortlisted and announced on 31 March 2010. • They are required to give a 15-minute oral presentation. • Date of Competition:Saturday morning, 17 April 2009 • Venue: Hong Kong Federation of Youth Group, 21 Pak Fuk Road, North Point • Other participating teams are also welcome to enrol for attending the oral presentation. • The oral presentation will be conducted in English. Awards will be presented on the same day.

  16. Annual reports adopted: Year 2002: Café de Coral Holdings Ltd Year 2003: JUSCO Year 2004: Cathay Pacific Year 2005: Bossini Int’l Holdings Ltd Year 2006: Hong Kong Economic Times Year 2007: The Hongkong and Shanghai Hotels Limited Year 2008: MTR Corporation Limited

  17. Question format • Two key areas will be covered: • Analyze the company’s performance • Propose business strategies for the company to sustain growth Remarks: Students shall refer to the Sa Sa Annual Reports when preparing for the written report. However, your research shall not be bound by this.

  18. Example : Questions for 2008 Competition: • Selected company: • MTR Corporation Limited • Requirements: • Submit a proposal to discuss whether or not the MTR should participate in the Kai Tak development project • The proposal should at least cover the followings: • Development plan • Budget forecast • Project financing method • Marketing strategies • Conclusion

  19. Judging Criteria 1. Written report • Problem identification • Clear discussion and decision focus • Adequacy of research • Sound theoretical and practical justification • Analytical approach and style • Validity of conclusions • Writing style, report organization and references • Presentation style • Problem solving skills

  20. Judging Criteria (Con’t) 2. Public oral presentation • Completeness of content • Problem identification • Clear discussion and decision focus • Validity of conclusions • Responsiveness to the questions • Professionalism of presentation (including use of visual aids) • Vocal skills and non-verbal skills • Time allocation and teamwork • Performance in Q&A session

  21. Adjudicators’ comments for last year’s participants • 1. Written Report • No solid data to justify recommendations • Underlying assumptions for analysis and recommendations are not stated • No executive summary • Poor presentation of data -> hard to read • No conclusion and recommendations • Poor grammar, many typos • Do not quote references

  22. Adjudicators’ comments on last year’s participants (cont’d) • 2. Oral Presentation • Cannot complete the presentation within the time limit • Unable to address questions by judges • Involvement of some team members was little • Time allocation of different parts is not good enough

  23. Q & A Session

  24. Enquiries • HKIAAT website: www.hkiaat.org • Email: hkiaat@hkiaat.org • Telephone: • 2823-0630 Miss Alison Lee 2823-0623 Miss Sandy Ku

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