Task: Report
Due Date: 6th April 2022, 12pm
Word Count for Part 1: 400 words
Aim: The aim of this assignment is to use your knowledge of management accounting to assist AUSLMAT in the development of their performance management system.
Target audience: The President and the Executive Committee of the AUSLMAT.
Referencing: APA 7th referencing style
Task description part 1: Identify the relevant issues facing AUSLMAT and justify how the BSC can help them address these. Provide a brief description of why and how a BSC can help the AUSLMAT to realise its vision and mission. Remember to support your arguments with relevant references to BSC literature.
Background information:
The Australia Sri Lanka Medical Aid Team (AUSLMAT) Incorporated
‘Care’ is at the essence of AUSLMAT, an Australia-based not-for- profit organisation that has the vision to provide improved access to quality health care with a strong focus on sustainability and education. AUSLMAT was established immediately after the Boxing Day tsunami in 2004, by a Melbourne-based Cardiologist, Dr Quintus de Zylva. A group of Australian doctors flew to Sri Lanka1 to supply tsunami devastated communities with medical equipment and medication. Currently, AUSLMAT supports less-privileged communities in Sri Lanka and her public health system. It has been helping many regions, 25 public hospitals, several orphanages in Sri Lanka for the past 18 years. It also supplies educational materials to over 190 students in remote areas of Sri Lanka. AUSLMAT’s volunteer teams of medicos and assistants provide hands-on medical screening, advice and procedures and educate those in need such as clinic attendees from the tea fields or orphanages and the medical professionals to learn and implement new techniques.
Sri Lanka imports over 85% of her medicine and medical supplies. Due to the current economic crisis in the country, most of the essential medicine and medical items that are imported have run out. The government and local pharmaceutical companies are unable to open ‘Letter of Credit’ and purchase medicines from their regular suppliers due to the lack of foreign currency in the country.
In response to many requests received from medical specialists and the Ministry of Health, Sri Lanka, AUSLMAT initiated the ‘Heal Our Nation’ project in April 2022 to raise funds for essential medical supplies for the public hospital system in Sri Lanka. It raised over AUD 237,270 so far to purchase medicines and medical supplies.
AUSLMAT indicates that a key challenge for their organisation is determining their ‘performance’ – specifically, working out ways to measure, report and communicate to their stakeholders on their financial, social and environmental impacts.
Please review the below information to build your foundational knowledge of the AUSLMAT prior to approaching the assignment task.
? The AUSLMAT website: https://auslmat.org/
? The Facebook page: https://www.facebook.com/AuSLMAT.org/
? YouTube videos: https://www.youtube.com/results?search_query=AUSLMA