DAVID GAME COLLEGE

PEARSON BTEC HNC/D ASSESSMENT BRIEF

Student ID Number

Course Full Name Pearson BTEC HND Business (RQF)

Unit number and title Unit 5: Management Accounting

Assessor Tahsin Ozalan

Assignment Title Management Accounting and its tools

Assignment Examination
Date issued MOCK Exam Deadline IV Name and Date

Both Day and Flexi Groups:

Day Group: Week 9 Exams will take place within
28/01/2019 21/04/19 Andreia Areal
Flexi Group: Week 11 the week commencing 1
April 2019
Unit Learning Outcomes:
Grading Criteria
Learning Pass Merit Distinction Task No. Evidence
Outcomes
LO1 P1 Explain M1 Evaluate D1 Critically Task 1 An individual
Demonstrate management the benefits of evaluate how business report
an accounting and management management
understanding give the accounting accounting
of management essential systems and systems and
accounting requirements of their management
systems different types application accounting
of management within an reporting is
accounting organisational integrated
systems. context. within
P2 Explain organisational
different processes.
methods used
for
management
accounting
reporting.
LO2 Apply a P3 Calculate M2 Accurately D2 Produce Task 2 Evidence of
range of costs using apply a range financial calculations and
management appropriate of management reports that written analysis.
accounting techniques of accounting accurately
techniques cost analysis to techniques and apply and
prepare an produce interpret data
income appropriate for a range of
statement financial business
using marginal reporting activities.
and absorption documents.
costs.
LO3 Explain the P4 Explain the M3 Analyse the Task 1 An individual
use of planning advantages and use of different business report
tools used in disadvantages planning tools
management of different and their
accounting types of application for
planning tools preparing and
used for forecasting
budgetary budgets.
control.

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LO4 Compare P5 Compare M4 Analyse D3 Evaluate Task 3: Exam paper Calculations and
ways in which how how, in how planning written discussion.
organisations organisations responding to tools for
could use are adapting financial accounting
management management problems, respond
accounting to accounting management appropriately
respond to systems to accounting can to solving
financial respond to lead financial
problems financial organisations problems to
problems. to sustainable lead
success. organisations
to sustainable
success.

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ASSIGNMENT BRIEF AND GUIDANCE:

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.

Purpose of this assessment

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

This assignment is in the form of a two-part individual business report:

Part 1

A. Explain management accounting and give the essential requirements of different types of management
accounting systems.

B. Explain different methods used for management accounting reporting.

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

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Task 2

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:

Type of Costs Amount

Direct materials: £450,000

Direct labour: £600,000

Fixed overheads: £400,000

Total production costs: £1,450,000

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.

This provides evidence for [P3]

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.

This provides evidence for [P3, M2, D2]

Word count:1,000-1,500

Task 3

Students will sit an individual closed book 2-hour examination.

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.

This provides evidence for [P5, M4, D3]

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.

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 Sources of information [insert useful publications, websites, etc.]
Task 1 Please access HN Global for additional resources support
and reading for this unit. For further guidance and
Task 2 support on presentation skills please refer to the Study
Task 3 Skills Unit on HN Global. Link to
www.highernationals.com

Student Achievements and Assessor Feedback

Student achievement and Assessor feedback for both formative and summative submissions will be recorded within
Grademark Turnitin via Moodle and will be available for students to view as notified on Turnitin.

Student submission and declaration

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:

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