ACCOUNTING AND FINANCE MANAGEMENT

 

ACCOUNTING AND FINANCE MANAGEMENT

 

You’ll need 50% marks to pass.

 

Management accounting systems have encountered a lot of criticism in recent years on the grounds that traditional methods for allocating costs to products, services, activities or departments may no longer be relevant to management in today’s environment.

 

You are required to explain how you would calculate the cost of an individual product, service or activity using relevant examples. In doing this you should clearly explain any areas where judgement was required or limitations in your methodology. Finally you should comment on whether or not you would be happy to use your calculations for decision making purposes.

 

The core text book: Accounting for Managers: Interpreting Accounting Information for Decision Making, Collier, Paul M. Chapter 13 may help you understand details.

 

The assessment feedback sheet, indicating the relative weightings of the assessment criteria, can be found behind.

 

Length:            AT LEAST 1500 words plus tables, references and appendices.   Assignments have to be submitted on-line.  Hard copies will not be accepted.

 

Booklist(helpt to generate ideas)

Gowthorpe, (2011) Business Accounting & Finance, 3^rd Edition Cengage

 

Atrill, P. & McLaney, E. (2006) Accounting and Finance for Non-Specialists FT Prentice Hall (**)

 

Berry, A,. & Jarvis, R. (2006) Accounting in a Business Context. Thomson

 

Broadbent, M. & Cullen, J. (2003) Managing Financial Resources Butterworth-Heinemann.

 

Davies, T. & Pain, B. (2002)  Business Accounting and Finance McGraw-Hill

 

Drury, C. (2008)  Management and Cost Accounting South-Western Cengage Learning

 

Dyson, J. R. (2004) Accounting for Non-Accounting Students Pitman.

 

Glynn, J. et al (2003) Accounting for Managers Chapman and Hall.

 

Hand, L., Isaaks, C. & Sanderson, P. (2005) Introduction to Accounting for Non-Specialists. Thomson Learning

 

Higson, A. (2003) Corporate Financial Reporting: Theory & Practice. Sage publications

 

Holmes, G., Sugden, A. & Gee, P. (2005) Interpreting Company Reports. FT Prentice Hall

 

Jones, M. (2002) Accounting for Non-Specialists. Wiley.

 

Pizzey, A. (1998) Finance and Accounting for Non-Specialist Students FT/Pitman.

 

O’Regan, P. (2006) Financial Information Analysis. Wiley

 

Ryan, B.  (2004)  Finance and Accounting for Business. Thomson

 

Weetman, P. (2006) Financial and Management Accounting: An Introduction. FT Prentice Hall

 

Watson, D. And Head, A. (2007) Corporate Finance Principles and Practice. FT Prentice Hall

 

 

Costing Analysis Feedback

 

 

Module:                        Student:

 

In order to maintain consistency of marking, a sample of work has been:

 

1. internally moderated, and
2. copied for External Examiner review. Marks awarded are subject to the external examiner’s ratification

 

 

I have been guided in my assessment by the following:

 

Assessment criteria, with weightings:

 

                                                                                                            Coding

 

Setting the organisational context for the costing (10%)          E   G   S   I

 

 

Explanation of the calculations (40%)                                         E   G   S   I

 

 

Discussion of any limitations (30%)                                             E   G   S   I

 

 

Discussion on useful for decision making (10%)                      E   G   S   I

 

 

Was this convincing and well structured? (10%)                       E   G   S   I

 

 

 

Key to the coding notation

 

 

E         =          Excellent (70%+)

G         =          Good (60%+)

S         =          Satisfactory (50%+)

I           =          Inadequate (<50%)

 

 

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