Higher National Certificate/Diploma in
Business
Assessment Brief Part 1
Student Name/ID Number
Unit Number and Title 5 Management Accounting
Academic Year
Unit Tutor
Assignment Title Management Accounting Principles
Issue Date
Submission Date
IV Name & Date
Submission Format
The submission is in the form of a 10-minute individual PowerPoint presentation and 5 minutes allocated
for questions. The presentation slides and speaker notes should be submitted as one copy. You are
required to make effective use of PowerPoint headings, bullet points and subsections as appropriate. Your
research should be referenced using the Harvard referencing system. Please also provide a bibliography
using the Harvard referencing system. The recommended word limit is 1,000–1,500 words, including
speaker notes, although you will not be penalised for exceeding the total word limit.
The submission also includes a completed portfolio of income statements that demonstrate calculations
using variable costing.
• Font Style and Size: Use A4 page size, 12 point Arial or Times New Roman font with 1.5 line
spacing.
• Header and Footer: You should insert headers and footers to your report, this makes it more
presentable. The header could contain assignment title, whereas the footer could contain the page
numbers.
• Using Footnotes: References and citation should be given in the footnotes, preferably following
Harvard Style Referencing.
• Your assignment should be word-processed and should not exceed 6500 words in length (or 25
pages). Exhibits / appendices are outside this limit
• Pages should be numbered (bottom right hand corner)
• Spell-check the document and read thoroughly for grammatical errors
Learning Outcomes and Assessment Criteria
Pass Merit Distinction
LO1 Demonstrate an understanding of management
accounting systems
P1 Explain management M1 Evaluate the benefits D1 Critically evaluate how
accounting and give the of management management accounting
essential requirements of accounting systems and systems and management
different types of their application within an accounting reporting is
management accounting organisational context. integrated within
systems. organisational processes.
P2 Explain different
HNC/HND Business 3
methods used for
management accounting
reporting.
LO2 Apply a range of management accounting
Techniques
P3 Calculate costs using M2Accurately apply a D2 Produce financial
appropriate techniques of range of management reports that accurately
cost analysis to prepare accounting techniques and apply and interpret data
an income statement produce appropriate for a range of business
using marginal and financial reporting activities.
absorption costs. documents.
Unit Learning Outcomes
LO1Demonstrate an understanding of management accounting systems
LO2 Apply a range of management accounting techniques
Assignment Brief and Guidance
Scenario and activity:
You have been appointed as assistant accountant in a small-medium size enterprise in manufacturing
sector. You have been asked by a line-manager to deliver a presentation regarding role and functions of
management accounts department. You have to cover management accounting systems operations and
range of techniques used to promote understanding between different departments in the organization.
Assignment will have two parts:
a. Presentation
b. Report
The presentation includes supporting calculations from a portfolio of completed financial statements, plus:
1. An explanation of the principles and roles of management accounting (LO1, P1)
2. The use of techniques and methods used in management accounting by presenting calculations
for an income statement using variable costing to show how these financial reporting and
statements support business growth and success. (LO1, P2, P3)
3. Evaluation of how management accounting is integrated within the organisation. (M1, M2)
4. The benefits of the function to the organisation.
5. Conclusions that critically reflect the application of management accounting.(D1)
In the report produce a portfolio of completed calculations for financial statements, including income
statements using variable costing.
HNC/HND Business 4
Higher National Certificate/Diploma in
Business
Assessment Brief Part 2
Student Name/ID Number
Unit Number and Title 5 Management Accounting
Academic Year
Unit Tutor
Assignment Title Effective Planning Tools for Managing Accounts
Issue Date
Submission Date
IV Name & Date
Submission Format
The submission is in the form of an individual written 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 1,500–2,000 words, although you will not be penalised for
exceeding the total word limit.
• Font Style and Size: Use A4 page size, 12 point Arial or Times New Roman font with 1.5 line
spacing.
• Header and Footer: You should insert headers and footers to your report, this makes it more
presentable. The header could contain assignment title, whereas the footer could contain the page
numbers.
• Using Footnotes: References and citation should be given in the footnotes, preferably following
Harvard Style Referencing.
• Your assignment should be word-processed and should not exceed 6500 words in length (or 25
pages). Exhibits / appendices are outside this limit
• Pages should be numbered (bottom right hand corner)
• Spell-check the document and read thoroughly for grammatical errors
HNC/HND Business 5
Learning Outcomes and Assessment Criteria
Pass Merit Distinction
LO3 Explain the use of planning tools used in
management accounting
P4 Explain the M3Analyse the use of LO3 & 4
advantages and different planning tools D3 Evaluate how planning
disadvantages of different and their application for tools for accounting
types of planning tools preparing and forecasting respond appropriately to
used for budgetary budgets. solving financial problems
control. to lead organisations to
sustainable success.
LO4 Compare ways in which organisations could use
management accounting to respond to financial
problems
P5 Compare how organisations M4 Analyse how, in responding
are adapting management to financial problems,
accounting systems to respond to management accounting can lead
financial problems. organisations to sustainable
success.
Unit Learning Outcomes
LO3Explain the use of planning tools used in management accounting.
LO4 Compare ways in which organisations could use management accounting to respond to financial
problems
Assignment Brief and Guidance
Scenario and activity:
Being a financial accountant assistant on behalf of organisation you need to plan for stabilising its
financial systems and performance because some issues are affecting the current system and
performance of organisation. The learner is required to take a complete survey of organisation finance
department and produce a report which analysis how organisation use planning of tools for stability and
performance, and ways in which management accounting plays a key role in preventing and solving
financial problems.
Furthermore in your report make recommendations for which of these methods should be applied to
achieve sustainable success.
The assessment will be done in two parts
1. Compare and contrast three planning tools used in management accounting, indicating how
effective you judge each to be and why. Your judgments should be supported by examples to
HNC/HND Business 6
demonstrate advantages and disadvantages.
2. Using specific case studies as examples compare ways in which management accounting is
applied, the effectiveness of management accounting in dealing with financial problems and
preventing financial problems in organisations.
Provide conclusions and recommendations to the organisation on which methods to apply in order to
achieve sustainable business success, based on your findings and evidence provided.
HNC/HND Business 7
