ASSIGNMENT

Course Title: BTEC HND in Business Centre Ref. No. 75803

Unit No. & Student Name:
Unit:05 Management Accounting
Title: Pearson No:
Semester/ 14,15 Student
Batch No. 01 Regd.No.
Learning
LO1,LO2, LO3 ,LO4 E-mail:
Outcomes:
Submission
Issued Date: 20 – AUG - 2022 20 – SEP - 2022
Date:
Assignment Understanding of management
Assessor: MRS.M.ABIRAMI
Title: accounting systems.

Assessment Feedback
Criteria Achievement
Formative Feedback: Assessor to Student
(Y / N)
P1
P2
P3
P4
P5

Action Plan M1
M2
M3
M4
D1
Summative feedback
D2
D3
Final Grade Assessor Signature: Date:
Awarded :
IV Signature: Date:
Student Agreement:

I understand the feedback given to me and agree to carry out the actions in future works as required and indicated.

Feedback: Student to Assessor

Student Signature: Date:

RQF BTEC HND in Business Page 1 of 9

 Declaration of Academic Honesty
Students Name:
Pearson No. Centre Ref. No.
1. I confirm that this assignment is my own work. (Y/N):
2. I confirm that where ever I have used someone else’s words, concepts, graphics or data in my work, I
have clearly indicated exactly where I have done so, using the Harvard Referencing System.
(Y/N):
3. I confirm that I have clearly indicated, by Harvard Referencing, where I have used someone else’s
graphics or data, concepts, words, irrespective of whether I have quoted or I have paraphrased in my own
words.(Y/N) :
4. I have clearly indicated in my assignment any work that has been contributed by another student.(Y/N) :

5. I have clearly indicated in my assignment any work that has been carried out collaboratively with another
student/s.(Y/N):
Student Signature: Date:

Unit No. & Title: 05 :Management Accounting

Task Assessment Evidence P Page No. M Page No. D Page No.
P1 M1 D1
1 Report
P2

2 P3 M2 D2

3 CRA P4 M3
Presentation P5 M4 D3

4 &
Report

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 Grading Matrix – Pass Criteria - Management Accounting
Achieved
Learning Outcome Assessment Criteria Task
(Y/N)

P1 Explain management accounting and give the

LO1 Demonstrate an essential requirements of different types of
understanding of management accounting systems.
Report
management P2 Explain different methods used for
accounting systems. management accounting reporting.

P3 Calculate costs using appropriate techniques of

LO2 Apply a range of
cost analysis to prepare an income statement using
management accounting
marginal and absorption costs.
Techniques.
CRA
P4 Explain the advantages and disadvantages of
LO3 Explain the use of
different types of planning tools used for budgetary
planning tools used in
Control.
management accounting.

LO4 Compare ways in P5 Compare how organizations are adapting

which organisations could management accounting systems to respond to Presentation

use management Financial problems. &
accounting to respond to Report
financial problems.

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Task – 01
Scenario -1
You are a Junior Management accountant for a medium-sized enterprise in the manufacturing sector. You have been
asked by your line manager to deliver a report on the role and function of the management accounts
department, covering the management accounting systems operating in the organization as well as
the range of techniques used.

This report included followings:

LO1 Demonstrate an understanding of management accounting Grading Assignment

systems (P/M/D) type
P1 Explain management accounting and give the essential
requirements of different types of management accounting systems.
1. Definition of management accounting.
2. What is a management accounting system?
3. Explore the origin, role and principles of management accounting.
4. The difference between management and financial accounting.
P2 Explain different methods used for management accounting
Reporting. P1
1. Explain in brief the different methods used of management P2
Report
accounting report. M1
2. State the advantages and limitations of management accounting D1
Reporting.
3. Explain in brief the steps to be taken for installation of an effective
system of management accounting.
4. Why information should be relevant to the user, reliable, up to date and
accurate.
5. Why the way in which the information is presented must be
understandable.

Task - 2

LO2 Apply a range of management accounting techniques Grading Assignment

(P/M/D) type
P3 Calculate costs using appropriate techniques of cost analysis to P3
prepare an income statement using marginal and absorption costs. M2 CRA
D2

Task - 3

LO3 Explain the use of planning tools used in management Grading Assignment
accounting (P/M/D) type
P4 Explain the advantages and disadvantages of different types P4
CRA
of planning tools used for budgetary control. M3
D3

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Task – 4
Scenario - 2

As a newly-qualified Management accountant, you have been asked by your line manager to produce a Presentation
which management accounting has played a key role in preventing and solving financial problems.

Compare ways in which management accounting is applied, the effectiveness of management accounting in dealing
with financial problems and preventing financial problems in organizations.

LO4 Compare ways in which organizations could use management Grading Assignment
accounting to respond to financial problems (P/M/D) type
P5 Compare how organizations are adapting management accounting
systems to respond to financial problems.
Identifying financial problems: P5 Presentation
1. Using benchmarks
2. key performance indicators (financial and non-financial)
3. budgetary targets.

Identifying management accounting skill sets:

1. What are the characteristics of an effective management accountant?
2. How can these skills be used to prevent and/or deal with problems?
M4
D3 Report
Compare Effective strategies and systems:
Compare strategies and systems which require effective and timely reporting.

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 Grading Matrix – M & D Criteria - Management Accounting
Learning Outcome
M1 Evaluate the benefits
of management accounting
systems and their application
M1 within an Organizational
context.
M2 Accurately apply a
range of management
accounting techniques and
M2
produce appropriate
financial reporting
Documents.
M3 Analyse the use of
M3
different planning tools
and their application for
preparing and forecasting
budgets
M4 M4 Analyse how, in
responding to financial
problems, management
accounting can lead
organisations to
Sustainable success.
RQF BTEC HND in Business
Assessment Criteria / Possible Evidence
P1 & P2 - Report
Evaluate the benefits of management accounting system and
their application within an Organizational context. Management
accounting systems are :
 Job costing,
 Process costing
 Batch costing
 Contract costing.
 Inventory management systems
 Price-optimizing systems
P3 - CRA
Accurately apply a range of management accounting techniques.
1. Cost-volume profit
2. Cost variances.
3. Applying absorption and marginal costing.
4. Standard costing
5. Activity-based costing
Produce appropriate financial reporting to given Scenario.
P4 - CRA
Analyse the use of different planning tools forecasting
Budgets.
P5 – Presentation
Analyse how,
 In responding to financial problems
 Management accounting can lead organisations to
Sustainable success.
Page 6 of 9
 D1 Critically evaluate how P 1 - Report
Critically evaluate how management accounting systems is
management accounting
integrated within Organisational processes.
systems and management
D1
accounting reporting is
P2 - Report
integrated within Critically evaluate how management accounting reporting is
Organisational processes. integrated within Organisational processes.

D2 Produce financial P3 - CRA

Produce financial reports that accurately apply and interpret data for a
reports that accurately
D2 range of business activities in given scenario.
apply and interpret data
for a range of business
activities
D3 Evaluate how planning P4 - CRA
Evaluate how planning tools for accounting respond
tools for accounting
appropriately
respond appropriately to
solving financial problems  PEST

to lead organisations to  SWOT

sustainable success  Balance scorecard
D3  Porter’s Five Forces

P5 – Presentation

Evaluate how planning tools for accounting

respond appropriately to solving financial problems to lead
organisations to sustainable success.

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 Review Plan – Unit 5 – Management Accounting

Task Assessment P M D Review Date /Signature*

Comment
No. Type
01 P1 20.04.2019
Report M1 D1
P2 20.04.2019

02 P3 M2 D2
CRA
03 P4 M3
D3
Completed
04 Presentation P5 M4
&
Report

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 Guideline for Coursework Submission
Please Note:
 If submitted after the extended deadline, the assignment will not be accepted whereas you shall be
asked to go for a NEW assignment.
 Report should be submitted as one hardcopy and one soft copy (in CDs).
 Late submission is not permitted until otherwise recommended by the Assessors/ Course
Coordinator.
 Plagiarism will be treated as a very serious academic misconduct.

Checklist
1. Given standard front cover attached.
2. Grading Criteria sheets of this assignment are attached.
3. Additional work like Presentation Slides, CRA & Exam papers are attached
4. Spiral bound with black hard board cover as the last sheet.
5. Clearly labelled the CD’S with Name, Batch No. and center reference number
and attach it to the back cover of assignment.
6. Introduction, Table of content, Conclusion, Reference pages attached.

 Report Writing Guidelines:

1. Every Assignment should have an Introduction and Conclusion.
2. The standard Table of Contents should be generated.
3. All the Figures, Tables, Diagram etc. should be labelled and numbered.
4. Main Heading Font : Arial; Size 16
5. Sub heading : Font : Arial; Size 14
6. Body text : Font : Arial; Size 11
7. Paragraph Spacing: Single line (6pt) Line Spacing: 1.5pt Spacing
8. Margins: Top: 1” Bottom: 1” Left: 1” Right: 1”
9. Header – include the module name on the right hand side
10. Footer – include the page number on the right hand side and Name & Centre
Reference number in left hand side.
11. All sections should have continuity and pages should be clearly ladled.
12. References – Harvard references for all the materials, books, articles, website etc should
be given in the following format:
o Books – Author, Initials. Year. Title of book. Edition. (only include this if not the first
edition) Place of publication (this must be a town or city, not a country): Publisher.
o URL: Authorship or Source, Year. Title of web document or web page. [type of
medium] (date of update if available) Available at: include web site address/URL
(Uniform Resource Locator) [Accessed date].
o PDF: Authorship, Year. Title of documents. [type of medium] Place of publication (if
known): Publisher. Followed by Available at: include web address or URL for the actual
pdf, where available [Accessed date].

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