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BMP5006 Financial Management & Decision Making

Module Number: BMP5006

Module Name: Financial Management & Decision Making

Year/Trimester/Cohort: 2022-23/Semester 1/September 2022 Cohort

Module Tutor/s: 

Learning Outcomes Assessed:

LO4: Interpret cost and management accounting reports applying appropriate costing methods.

Assessment Brief:

Present a business case for using Activity Based Costing.    

• Use any business of your choice for this presentation to explain how it implemented Activity Based Costing.
• Explain advantages and disadvantages of the business using ABC.
• Examine the extent to which Activity Based Costing (ABC) might be recognised as beneficial in preference to traditional costing techniques.  

Assessment Preparation and Submission:

See section 12 of the module guide for Guidelines on the Preparation and Submission of Assignments.

Additional Submission Instructions:

You are required to submit a soft copy via “Turn-it-in UK” on the module Moodle page.  The software will allow you to check your work against other material on the internet. It will also compare your work against other students work.

You will be able to upload drafts of your written work into turn-it-in as many times as you wish before the deadline.

You will not be able to overwrite the final submission after the deadline. You can only submit a single file.

Advice:

• Do not cut and paste phrases or paragraphs from published sources. You should seek to use your own words to explain concepts and theory.

• If you wish to refer to specific quotes from published sources, then you must use full Harvard Referencing Convention.
• Do not share work with other students.

Specific Assessment Criteria: (See page 4 for General Assessment Criteria)

Excellent (70%+): The presentation will be to a very high standard. It will provide a comprehensive explanation of how management accounting supports of strategic management and an overview of the required elements of the financial management & decision making. Further, the work will exhibit a thorough appreciation of academic sources and the application of criteria to determine a suitable citation.

Very Good (60-69%): The presentation will be to a very good standard. It will provide a very clear explanation of how management accounting supports of strategic management and an overview of the financial management & decision making. Further, the work will exhibit a very good appreciation of academic sources and the application of criteria to determine a suitable citation. Interpret cost and management accounting reports applying appropriate costing methods.

Good (50-59%): The presentation will be to a good standard. It will provide a good explanation of how management accounting supports of strategic management and an overview of the required elements of the financial management & decision making. Further, the work will exhibit a good appreciation of academic sources and the application of criteria to determine a suitable citation.

Satisfactory (40-49%): The presentation will be to a satisfactory standard. It will provide an explanation of how management accounting supports of strategic management and an overview of the financial management & decision making. Further, the work will exhibit a reasonable appreciation of academic sources and the application of criteria to determine a suitable citation.

Fail (Below 40%): Students who do not meet the requirements of a pass grade (40% or above) will not successfully complete the assessment activity.