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Module code
and title:
Management Accounting 2
U
Module leader: Dr Oladipo Oguntola
Assignment
No. and type:
Case Study Assessment
weighting:
Submission
time and date:
On or before: 2 pm Monday 26th
February 2024
Target feedback
time and date:
3 weeks from the date of final
submission
Assignment task
The module will be assessed by a case study on questions that test the application of management
accounting techniques to decision-making. The importance of risk assessment and management and the
sensitivity of a Management Accountant to their mitigation and hedging in strategic policy execution will
also be tested.
This assignment has been designed to provide you with an opportunity to demonstrate your
achievement of the following module learning outcomes:
LO 1
LO 2
Explain and evaluate techniques employed by management accounting practitioners aimed at
facilitating decision making.
Apply the technique of risk and uncertainties hedging to accomplish a strategic policy decision.
Task requirements
OVERVIEW
This assignment will encourage the students to apply management accounting techniques and skills learnt
from the module to management accounting-related business issues and will be submitted in report form.
DESCRIPTION OF THE TASK – WHAT YOU ARE BEING ASKED TO DO?
You are required to review the information provided in the Company Case Study and answer the questions
indicated thereunder. You will need to carry out necessary research in management accounting control,
decision making and performance management to complete this task and showcase such evidence in your
in-text citations and references recommended by the School.
Credit will be given to the bibliography and examples of Companies in similar circumstances.
CASE STUDY / ESSAY QUESTION
Roland Wheel Manufacturing Company Limited, located at Greenford, London was established in 2010 as
a manufacturer of manually pedalled Bicycles. Their products are of 4 different designs named King (K),
Queen (Q), Duke (D), and Princess (P).
Due to the new developments in the United Kingdom's (UK) transportation system leading to the creation
of Cycle Lanes beside vehicle lanes on the road, the Company decided to develop electronically powered
Bicycles that would be able to achieve a certain level of speed and comfort. This is expected to create a
bigger market for bicycles in the UK and present an alternative to Residents having to spend big money to
buy or lease a car.
Materials to achieve this will come from China, a Country with a different currency. This presents a high
probability of currency risks. Also, average bicycle breakdowns are expected at the introduction stage,
- Currency Risks Hedging Methods.
b. Reputational Risks – Specific Reputational Risks
- Causes of Reputational risks
- Mitigations – How can they be prevented/Reduced?
Notes:
Marks will be awarded in this assignment for valid arguments that are relevant to the questions asked.
Answers that make relevant references to current affairs will, of course, be marked on their merits.
All analysis, basis of allocations, calculations and cost determinations must be shown very neatly and
legibly.
Further details:
This is an individual assignment with no limited number of words because part of it includes calculations.
Your assignment should be completed and submitted in by 2 pm Monday 26th February 2024.
Please note that the CCCU/GBS policy on cheating collusion and plagiarism is applied to this piece of
work.
Important:
If there are any citations, you must reference all sources used in your work, using the Harvard
Referencing Guide from CCCU.
F
How your work will be assessed
Your work will be assessed on the extent to which it demonstrates your achievement of the stated learning
outcomes for this assignment (see above) and against other key criteria, as defined in the University’s
institutional grading descriptors. If it is appropriate to the format of your assignment and your subject area,
a proportion of your marks will also depend upon your use of academic referencing conventions.
This assignment will be marked according to the grading descriptors for Level 5
Submission details
This assignment should be submitted electronically via Moodle (module tutors will discuss this process with
you during class time).
Please ensure that your work has been saved in an appropriate file format (Microsoft Word, Excel
or PowerPoint, or PDF are the most widely used; Google Docs is also accepted). Your file must
also contain at least 20 words of text, consist of fewer than 400 pages and be less than 40MB in
size.
You can submit your work as many times as you like before the submission date. If you do submit
your work more than once, your earlier submission will be replaced by the most recent version.
Once you have submitted your work, you will receive a digital receipt as proof of submission, which
will be sent to your forwarded e-mail address (provided you have set this up). Please keep this
receipt for future reference, along with the original electronic copy of your assignment
You are reminded of the University’s regulations on academic misconduct, which can be viewed on
the University website: Academic Misconduct Policy. In submitting your assignment, you are
acknowledging that you have read and understood these regulations.
Submission date and time
https://www.cimaglobal.com/
www.icaew.com
www.bized.co.uk/learn/accountancy
Avoiding Plagiarism - http://sja.ucdavis.edu/avoid.htm
BBC News Business - http://news.bbc.co.uk/1/hi/business /
The Best Search Engines - www.lib.berkeley.edu/TeachingLib/Guides/Internet/SearchEngines.html
Business and economic resources - www.bized.ac.uk
The Financial Times – www.ft.com
Appendix 1
Provision at Level 4 is designed to prepare students for higher levels of education. At the end of Level 4, students will be expected to demonstrate the
acquisition of level 4 skills, knowledge and understanding necessary to embark on a higher education programme of study at Level 5. In accordance with the
national Qualifications and Credit Framework (QCF), this includes the ability to identify and use relevant understanding, methods and skills to complete tasks
and address problems that, while well defined, have a measure of complexity. It includes taking responsibility for initiating and completing tasks and procedures
as well as exercising autonomy and judgement within limited parameters. It also reflects awareness of different perspectives or approaches within an area of
study or work.
A pass mark (40% or above) demonstrates achievement of all learning outcomes associated with the module assessment
Assessment category
Introductory knowledge
and understanding of the
basic underlying
concepts and principles
of the subject(s)
Cognitive and intellectual
skills
Reading and referencing Presentation, style and
structure
Work that significantly exceeds
the specified word limit may be
penalized
Pass Mark 90
Excellent work showing flawless understanding of the basic underlying concepts and principles of the subject(s), resulting in students being fully prepared for study at Level 4. Insightful and accurate interpretation and evaluation of information and ideas, based on an excellent application of the most appropriate skills, methods and procedures. Work shows full awareness of the nature of the area of study and different perspectives or approaches within it Insightful and effective use of a carefully selected range of relevant reading. Consistently accurate application of referencing. Exemplary presentation of work that is fluent and flawless throughout.
High quality work showing fluent understanding of the basic underlying concepts and principles of the subject(s), resulting in students being fully prepared for study at Level 4. Excellent interpretation and evaluation of information and ideas, employing highly appropriate skills, methods and procedures. Work shows strong awareness of the nature of the area of study and different perspectives or approaches within it Consistent and balanced engagement with a refined selection of many types of relevant reading. Consistently accurate application of referencing. Highly effective presentation of work that is coherently structured and clearly expressed throughout.
Commendable work showing detailed understanding of the basic underlying concepts and principles of the subject(s), resulting in students being highly prepared for study at Level 4. Effective interpretation and evaluation of information and ideas, showing effective use of appropriate skills, methods and procedures. Work shows well established awareness of the nature of the area of study and Consistent engagement with a wide range of relevant reading. Consistently accurate application of referencing. Well-formed presentation of work that is coherently structured and clearly expressed throughout.
Marginal
fail
Work shows limited but fragmentary understanding of the basic underlying concepts and principles of the subject(s), for example through inaccuracies, inclusion of irrelevant material and/or absence of appropriate information. Weak and at times flawed interpretation and evaluation of information and ideas, resulting in largely descriptive work that shows lack of awareness of the nature of the area of study and different perspectives or approaches within it. Poor engagement with essential texts and no evidence of wider reading. Heavily reliant on taught elements. Inconsistent and weak use of referencing. Work is loosely, and at times incoherently, structured, with information and ideas often poorly expressed.
Fail
Unsatisfactory work showing weak and flawed understanding of the basic underlying concepts and principles of the subject(s), for example through serious inaccuracies, inclusion of a significant amount of irrelevant material and/or absence of appropriate information. Very weak interpretation and evaluation of information and ideas, resulting in descriptive work that is often illogical, invalid or irrelevant. Little awareness of the nature of the area of study and no appreciation of different perspectives or approaches within it. Limited evidence of reading and/or reliance on inappropriate sources. Limited engagement with taught elements. Very poor use of referencing. Work is poorly presented in a disjointed and incoherent manner. Information and ideas are very poorly expressed, with weak English and/or inappropriate style.
Highly unsatisfactory work showing major gaps in understanding of the basic underlying concepts and principles of the subject(s). Inclusion of largely irrelevant material, absence of appropriate information and significant inaccuracies. Work is largely irrelevant or inaccurate, characterised by descriptive text and unsubstantiated generalisations. Minimal or no use of evidence to back up views, showing complete lack of awareness of the nature of the area of study and different perspectives or approaches within it. No evidence of reading or engagement with taught elements. Absent or incoherent referencing. Work is extremely disorganised, with much of the content confusingly expressed. Very poor English and/or very inappropriate style.
