Solved by verified expert :GREENWICH
SCHOOL OF MANAGEMENT
PROFORMA
FOR UNDERGRADUATE WORK ASSIGNMENT
BSc(Hons)
Level 5
Title of Module
Management Accounting
Lecturer
Matthew O’Hara
Phillip Pryce
Ben Ukaegbu
Assessment Task
Set up an New Business
Assessment Format
Business Report to a Bank Manager
Word limit
Max. 1500
You will be submitting to TurnitIn – and there will
be no printed copy of the assignment.
Learning outcomes to be
examined in this assessment
1.
Understand the scope and
purpose of management accounting.
2.
Analyse the nature and
structure of financial costs and problems of calculating them.
3.
Identify methods of
calculating present and future profitability of business organisations, and
how financial risks of change can be evaluated.
Assessment criteria
Explanatory comments on the
assessment criteria
Maximum marks for each
section
Content, style, relevance,
originality
Relevant, accurate content, demonstrating research,
as required by Assessment Task above.
Great emphasis will be placed on originality – work which is clearly
student’s own.
See
assignment for specific allocation of marks
Format, referencing,
bibliography
Full text
referencing and bibliography preferably using the Harvard citation method
See
assignment for specific allocation of marks
Constructive critical
analysis, introduction, conclusion
Identifying and demonstrating an understanding of
the relevant law and policies.
Demonstrating the ability to analyse their impact of legislation on
businesses generally.
See
assignment for specific allocation of marks
ASSIGNMENT
Your assignment requires you to provide a formal business report max
1500 words, to your Bank Manager regarding the launch of a new business
manufacturing goods to the UK. To
support your choice of business you will select to sell 2 different items. The word count excludes appendices. You must
include within the appendices: and all relevant supporting business research documentation.
Your final submitted report and appendix is to be submitted using
the student portal. It should clearly show your student number only (no names) be submitted no later than 30th
November 2012. Late submissions will not be marked. Any extenuating
circumstances should follow proper procedures. Marks will be returned via the
student portal within two weeks of the deadline.
In the report:
Section A:
·
State your chosen business and
what products (ideally 2 complementary products) you intend to sell. Provide in your own words, background as to
the general price of goods available in the London area. (max 250 words), Marks
10%
·
Marks will be awarded for innovation,
originality of approach, report format, relevant references and quotations from
suppliers and all business expenses, their websites, etc., competitive
benchmarking and supporting calculations. You
will need to show your research in this area. Marks 10%
Section B:
o Clearly
identify a target selling price for your company’s products using supporting
arguments from your research of the current market and any other source.
Marks 10%
o Produce
a per unit cost statement for each
product, a breakeven point with underlying assumptions to support your figures.
Marks 10%
o Prepare
a Five Year Budget Income Statement using marginal costing principles
Marks 20%
o Undertake
a five year net present value appraisal of your new business, state your
initial investment costs and use your marginal profit as cash flows.
Marks 20%
o
Provide suitable recommendations
for the business and a conclusion
Marks 10%
Section
C:
o Indentify
and discuss one issue that your business could undertake to improve
environmental sustainability using suitable measures to aid your discussion.
Marks 5%
o Reflecting
on your overall learning experience briefly discuss what you have gained from
undertaking the tasks in this assignment (max 250 words or 1 page).
Marks 5%
Total
100%
·
State any assumptions you feel necessary to
support your report.
·
DUE DATE for
submission: 30th November – online – TurnitIN.
