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Documente Profesional
Documente Cultură
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Submission Format
Task 1: The submission is in the form of an individual written business report. This should be written in a concise,
formal business style using single spacing and font size 12. You are required to make use of headings, paragraphs
and subsections as appropriate, and all work must be supported with research and referenced using the Harvard
referencing system. Please also provide a bibliography using the Harvard referencing system. The recommended word
limit is 2,000-2,500 words, although you will not be penalised for exceeding the total word limit.
Task 2: The submission is in the form of a completed portfolio that demonstrate calculations using ratio analysis and
variable costings. The recommended word limit is 1,000-1,500 words.
Task 3: This is a time-constrained examination. You need to use the given answer booklet and submit it after the
examination. The answer booklet will be provided at the beginning of the exam.
The aim of this assignment is to explore how management accounting uses financial data to aid planning decisions,
and the monitoring and control of finance within organisations.
Scenario
You are a Junior Management Accountant for a medium-sized enterprise in the manufacturing sector and, in an effort
to promote understanding between different departments in the organisation, you and your colleagues have been
asked by your line manager to prepare a report on the role and function of the management accounts department,
covering the management accounting systems operating in the organisation as well as the range of techniques used.
In your report, you should also analyse three planning tools to ensure financial stability and performance as well as
ways in which management accounting has played a key role in preventing and solving financial problems.
Task 1
Part 1
A. Explain management accounting and give the essential requirements of different types of management
accounting systems.
C. Evaluate the benefits of management accounting systems and their application within an organisational
context.
D. Critically evaluate how management accounting systems and management accounting reporting is integrated
within organisational processes.
Part 2
Analyse three planning tools used in management accounting, indicating how effective you judge each to be
and why. Your judgements should be supported by evidence.
This provides evidence for [P1, P2, P4, M1, D1, M3, D3], Word count: 2,000-2,500
Produce a portfolio of completed calculations and analysis on company financial statements and income statements
using variable costings.
Part 1
Eymen Ltd makes a single product and produces management accounts, including a costing statement of
profit or loss each month. In both May and June, 300,000 units of the product were produced. The production
costs in both May and June were:
There were no opening inventories at the start of May and all of the production for May was sold. However, in
June, only 270,000 units of production were sold, leaving 30,000 units in inventory. Each unit is sold for £13.
Complete a simple statement of profit or loss, under absorption and marginal costing principles for the
months of May and June.
Part 2
Scenario: You have been hired as an external financial consultant by a business organisation. They have
asked you to analyse their financial performance independently. Perform a thorough financial analysis based
on the organisations’ latest financial statements. Write a business memo to the management of the
organisation to communicate the results of your financial analysis and recommendations.
Word count:1,000-1,500
Task 3
There will be two separate tasks in the exam paper. In this time-constrained assessment you will be given specific
scenarios. You are required to apply some management accounting tools to improve decision making with regards to
responding to financial problems in organisations.
Formative Submission
There will be a MOCK examination one week prior to the actual exam. The MOCK exam feedback will be crucial for
learners. Please attend it.
The following declaration will be inserted in the Turnitin link for both formative and summative submissions:
‘I certify that by submitting the work for this assessment on Moodle (and via Turnitin) it is my own work and all
research sources are fully acknowledged using the Harvard system of references. I certify that there are no personal
or mitigating circumstances that have affected my work.’
By submitting such document, you acknowledge that your work is your own, and abides by the DGHE code of
conduct, and Pearson regulations.
Please note that in case of academic malpractice DGHE reserves the right to decline to accept the work for
assessment purposes, and/or conduct an investigation, which might result in an oral presentation, oral or written
exam, or any other appropriate form of examination. Further information can be found in the academic integrity and
misconduct policy, the assessment policy, and the student handbook.
Date Submitted: