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Assessment Brief 1

Programme title: Foundation Year in Business and Law


Module name: Contemporary Issues in Accounting
Assessment title: How would the stakeholders of a company, listed
on the London Stock Exchange, make use of the
published annual report and accounts?

Module code: U10473


Class start date: 5th June 2023
Class end date: 8th October 2023
Module lecturer: Dr Md Zamanur Rahman
Internal verifier: Kaviraj Santayana
Submission deadline: 7th August 2023, 2 pm
Individual Essay + Poster (One Word
Assessment type:
Document)
Weight: 50% (2000 words)

Brief Module Overview

This module will provide you with an understanding of understand the importance of financial
and of management accounting in running a business effectively, and to gain an appreciation of
the current issues in accounting.

Module aims
To introduce students to the purpose and basic mechanics of accounting in both theory and
practice.

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Assessment 1 – Essay + Poster

QUESTION TO BE ADDRESSED
How would the stakeholders of a company, listed on the London Stock
Exchange, make use of the published annual report and accounts?

GUIDANCE
You should focus on the statement of profit or loss, the statement of financial position and the
cash flow statement. References to the other published information are also encouraged.

PURPOSE OF THE ASSIGNMENT


This assignment provides an opportunity for you to reflect on your knowledge of accounting
and its relevance to a wide selection of users.
The essay should be informative, easy to follow, and delivered in an interesting and clear
manner. You should be able to demonstrate the extent of your understanding of the basic
theory and practice of FINANCIAL accounting in the modern context, and its value to business
and the wider community.
The poster should be informative, easy to understand and visually appealing.

This assignment will assess Learning Outcomes 1, 2 & 5:

1.Demonstrate an understanding of basic theory and practice of financial and


management accounting and its basic terms and concepts.

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2.Explain the value of financial and management accounting processes to a
business.
5. Demonstrate an understanding of the current contemporary issues affecting
the accounting discipline.

Submitted work is normally marked and returned within three weeks (during term time) of the
submission deadline. All modules are moderated / second marked internally by staff and
confirmed by external examiners. All marks are provisional until they are confirmed by the
relevant module board.

ASSESSMENT CRITERIA
Essay – the essay will contribute 80% to the overall grade (1,600 words). It will be assessed
using the following weighting:
• 25% Clarity of expression
• 25% Addressing the question
• 25% Content & range of knowledge
• 25% Conclusions
Please note that diagrams, quotes, appendices and tables do not constitute part of the word
allocation.
A copy of the assessment grading for the essay can be found in Appendix 1.

Formative Assessment - you will be given an opportunity for formative assessment for the
essay. If you would like to take this opportunity for feedback, prior to summative submission,
submit a draft to Turnitin, no later than 2pm, Sunday 6th August 2023.

Poster – the poster will contribute 20% to the overall grade. It will be assessed using the
following weighting:
• 50% Presentation (visual)
• 50% Addressing the question
A copy of the assessment grading for the poster can be found in Appendix 2.

SUBMITTING ASSIGNMENTS
Cover Sheet – you MUST attach a completed cover sheet with your essay. See Appendix 3.

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Presentation – your individual assignment should be word-processed. Line spacing should be
one and-a-half-spaced, with at least an inch (2cm) margin, and font size should be no smaller
than 12 point, Times New Roman, or 11-point Arial. Your student number should appear on
each page and pages should be numbered.

Description/Guidance

Assessment Title: How would the stakeholders of a company, listed on the


London Stock Exchange, make use of the published
annual report and accounts?

Delivery Method: Individual Essay and Poster

Type/Format: Report by MS Words

Word Count: 2000 words (Essay + Poster)

(Please note that diagrams, quotes, appendices, and tables


do not constitute part of the word allocation).

Weight: 50% Marks

Submission method: CCCU Turnitin

Basic Guidelines: Complete the set reading and complete all required
preparation for lectures and seminars. Ensure that your
assessments are submitted on time and that guidance is
sought in a timely manner, if required, beforehand.

Essay – the essay will contribute 80% to the overall grade (1,600
Assessment criteria:
words). It will be assessed using the following weighting:
• 25% Clarity of expression
• 25% Addressing the question
• 25% Content & range of knowledge

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• 25% Conclusions

Poster – the poster will contribute 20% to the overall grade (400
words). It will be assessed using the following weighting:
• 50% Presentation (visual)
• 50% Addressing the question

Assessment marking/grading criteria


Criterion Excellent Very Good Good Sound Satisfactory Fail
100-80 79-70 69-60 59-50 49-40 39-0

1
2
3
4

Referencing system
The Business students are required to use Harvard as the standard referencing
convention.

Learning Materials/Resources:
Essential Resources:
Core text book - Dyson, J. and Franklin, E. (2020) Accounting for non-accounting
students (10th Ed.) Pearson Education Limited: Harlow

Recommended Resources:
Journals, magazines & academic articles related and relevant to the subject:
You are expected to keep abreast of current academic theory and the events affecting
accounting practice in organisations and societies. This may be via published and
academic journals, newspapers, trade magazines etc.
 bbc.co.uk
 Financial Times

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 Accountancy Age (Journal)
 Journal of Corporate Accounting & Finance
 Publications by “Big four” accounting firms— PWC, Deloitte, Ernst & Young,
KPMG
 Publications by Professional Accounting Bodies— ACCA, CIMA, CIPFA, ICAEW,

Websites:
You are expected to keep abreast of news and developments concerning accounting
practice. Websites you need to use and be aware of are:
• bbc.co.uk
• http://www.cipfa.org.uk

Please note that the format and order of this reading list is for illustrative purposes only.
Additional sources can also be found in Library services. Students are requested to submit a
single alphabetical order bibliography list containing all sources used for each piece of work
submitted. For guidelines on the required Harvard referencing style please refer to:
http://www.canterbury.ac.uk/library/docs/harvard.pdf

This handbook should be read in conjunction with other sources:


• Student Handbook: for programme academic information applying to all modules
• Current Student Webpages: for generic student experience information
• Advice for Students Blackboard for Business School information

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Appendix-1 Essay CCCU Assessment grading criteria: Foundation Year/Level 0

CRITERION 100-80 79-70 69-60 59-50 49-40 39-20 19-0


Excellent Very good Good Sound Satisfactory Fail Fail

A. KNOWLEDGE &
UNDERSTANDING
1. Knowledge Shows systematic and Demonstrates an Shows an accurate Sound but descriptive Selection of theory is Knowledge of key There is a lack of
and application accurate knowledge and accurate, systematic understanding of key knowledge of key satisfactory, and theories is inaccurate relevant subject-
of subject and understanding of key understanding of key subject-specific theories with terminology, facts and and/or incomplete. specific theory.
theories theories beyond what has theories. Appropriately theories, which are appropriate concepts are handled Choice of theory
been taught. Theories are selected theoretical appropriately accurately, but inappropriate.
application; the work is
consistently and knowledge is applied in integrated within the application and Application and/or
appropriately applied in the the assignment. context of the balanced towards the understanding are understanding is very
assignment. assessment task. descriptive rather than generalised or limited. limited.
the critical or
analytical.

D. TRANSFERABLE SKILLS
16. Clarity of Fluent writing style, Fluent writing style, Language generally Meaning is clear but The meaning is often The meaning is
expression appropriate to assignment. appropriate to the fluent and expressive. language not always unclear with frequent unclear throughout.
(incl. accuracy, grammar, spelling, and assignment. grammar, grammar, spelling, and used fluently. Meaning is largely errors in grammar, Errors in spelling,
spelling, numeracy are highly spelling, and numeracy numeracy are grammar, spelling clear, but language spelling, and or grammar, punctuation
grammar, accurate. are accurate. accurate. and/or numeracy are choices include errors and/or numeracy
which detract from the numeracy.
punctuation, mainly accurate. make interpretation
and numeracy) style and fluency. challenging for an
Accuracy of spelling,
grammar, punctuation assessor.
and numeracy allows
understanding but
needs to be improved.

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Appendix 2 – Poster CCCU Assessment grading criteria: Foundation Year / Level 0

CRITERION 100-80 % 79-70 % 69-60 % 59-50 % 49-40 % 39-20 % 19-0 %


Fail Fail

PRESENTATION AND
STYLE

Presentation Message is Presentation Presentation Visual aspect Presented in a Presentation is


Presentation has a
(visual) presented is clear and is clear and and/or disorganised disorganised
generally sound
clearly and has strong has some structure of manner. Lacks and/or
structure and
imaginatively visual visual presentation is appropriate incoherent
visual tools are
with strong impact. impact. adequate but support from and/or medium
used effectively.
visual impact. limited. visual tools. is non-visual.

Appendix-3 Cover Page

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Student Assessment Submission and Declaration

When submitting evidence for assessment, you must sign a declaration confirming that the work is your own.

ESL ID
Student name:
CCCU ID

Submission date:

Module name and code: Contemporary Issues in Accounting (U10473)

Title: Contemporary Issues in Accounting

Lecturer’s Name:

Plagiarism

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Plagiarism is a form of cheating. Plagiarism must be avoided at all costs and students who break the rules, however innocently, may be
penalised. It is your responsibility to ensure that you understand correct referencing practices. As a university level student, you are
expected to use appropriate references throughout and keep carefully detailed notes of all your sources of materials for material you
have used in your work, including any material downloaded from the Internet. Please consult the relevant unit lecturer or your course
tutor if you need any further advice.

Student declaration

I certify that the assignment submission is entirely my own work. I fully understand the consequences of plagiarism. I
understand that making a false declaration is a form of malpractice.
- Group Coursework
- Group Presentation
- Individual Essay
Nature of Assessment
- Preparatory Assessment
(Please tick the appropriate Word count
- Individual Poster
box)
- Open Book Examination
- Individual Written Essay
- Individual Presentation

Student signature: Date:

Assessment Brief 1 (Accounting) * Page 10 of 10

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