Module Title

Performance Measurement in Organisation

Assignment Number

 Assessment 1

Module Code

ACFI2208

Assignment Title

Essay

Module Leader

Assignment Weighting

30%

Assignment Release Date:

Submission Date/Time:

Assessment Information – What you need to do

This assignment is an individual assignment. 

This assignment requires you to attempt all questions from Section A and any two questions of your choice from Section B.

Criteria for Assessment - How you will be marked

Further information on University mark descriptors can be found here. 

This assignment is designed to assess the following learning outcomes: 

Subject specific skills and knowledge

1. Calculations and analysis of ratios

2. Harmonisation of accounting standards
3. Investment appraisal

Non-subject specific skills

1. The ability to work independently.
2. Efficiently plan and manage, including improved time-management and self-motivation skills.
3. Carry out self-managed study and research to extend the boundaries of knowledge.

Assessment Details

The word count is 1500 words.

There will be a penalty of a deduction of 10% of the mark for work exceeding the word limit by 10% or more.

The word limit excludes figures, tables, references list and appendices. Please note that the reference list should be line in with Harvard referencing and should be displayed at the bottom of your essay.

How to Submit your Assessment

The assessment must be submitted by 12:00 noon (GMT/BST) on 20/01/2023. No paper copies are required. You can access the submission link through the module web.

• Your coursework will be given a zero mark if you do not submit a copy through Turnitin. Please take care to ensure that you have fully submitted your work.
• Please ensure that you have submitted your work using the correct file format, unreadable files will receive a mark of zero. The Faculty accepts Microsoft Office and PDF documents, unless otherwise advised by the module leader.
• All work submitted after the submission deadline without a valid and approved reason will be subject to the University regulationson late submissions.
• If an assessment is submitted up to 14 days late the mark for the work will be capped at the pass mark of 40 per cent for undergraduate modules or 50 per cent for postgraduate modules
• If an assessment is submitted beyond 14 calendar days late the work will receive a mark of zero per cent
• The above applies to a student’s first attempt at the assessment. If work submitted as a reassessment of a previously failed assessment task is submitted later than the deadline the work will immediately be given a mark of zero per cent
• If an assessment which is marked as pass/fail rather than given a percentage mark is submitted later than the deadline, the work will immediately be marked as a fail
• The University wants you to do your best. However, we know that sometimes events happen which mean that you can’t submit your coursework by the deadline – these events should be beyond your control and not easy to predict.  If this happens, you can apply for an extension to your deadline for up to two weeks, or if you need longer, you can apply for a deferral, which takes you to the next assessment period (for example, to the re-sit period following the main Assessment Boards). You must apply before the deadline. You will find information about applying for extensions and deferrals here.
• Students MUST keep a copy and/or an electronic file of their assignment.
• Checks will be made on your work using anti-plagiarism software and approved plagiarism checking websites.

Return of Marked Work

You can expect to have feedback returned to you on. If for any reason there is a delay you will be kept informed. Marks and feedback will be provided online. It is important that you access the feedback you receive as this will help to make improvements to your later work, you can request a meeting with your Module Leader or Personal Tutor to discuss your feedback in more detail.

Marks will have been internally moderated only, and will therefore be provisional; your mark will be formally agreed later in the year once the external examiner has completed their review. More information on assessment and feedback can be found here.

Academic Integrity

In submitting a piece of work for assessment it is essential that you understand the University`s requirements for maintaining academic integrity and ensure that the work does not contravene University regulations. Some examples of behaviour that would not be considered acceptable include plagiarism, re-use of previously assessed work, collusion with others and purchasing your assignment from a third party. For more information on academic offences, bad academic practice, and academic penalties, please read chapter four of our academic regulations.

Academic Support and Your Well-being

Referencing is the process of acknowledging other people’s work when you have used it in your assignment or research. It allows the reader to locate your source material as quickly and easily as possible so that they can read these sources themselves and verify the validity of your arguments. Referencing provides the link between what you write and the evidence on which it is based.

You identify the sources that you have used by citing them in the text of your assignment (called citations or in-text citations) and referencing them at the end of your assignment (called the reference list or end-text citations). The reference list only includes the sources cited in your text. The main referencing guide can be found here and includes information on the basics of referencing and achieving good academic practice. It also has tabs for the specific referencing styles depending on whether you require Harvard style used in business or OSCOLA style used by the Law school.

2022

£000

Revenue

98,000

Cost of Sales

(56,600)

Gross Profit

41,400

Administration Expenses

(20,100)

Trading Profit

21,300

Finance Costs

(6,600)

Profit on Ordinary Activities Before Taxation

14,700

Taxation on Profit on Ordinary Activities

(7,938)

Profit for the Year

    6,762

2020

Non-Current Assets

£000

Intangible Assets

22,450

Property, Plant and Equipment

87,200

Other Investments

17,800

127,450

Current Assets

Inventories

18,700

Trade and Other Receivables

27,530

Cash and Short-Term Deposits

13,400

59,630

Total Assets

187,080

Current Liabilities

Bank Overdrafts

12,600

Unsecured Bank Loans

8,400

Trade and Other Payables

13,200

Current Tax Liability

9,320

43,520

Non-Current Liabilities

Medium Term Bank Loans

22,000

Finance Leases

9,600

Provisions

10,200

41,800

Total Liabilities

85,320

Net Assets

101,760

Equity

Called Up Share Capital

37,200

Share Premium                                

24,000

Other Reserves

12,400

Retained Earnings

28,160

101,760

Cashflow 

Year 

Project A (£) 

Project B (£) 

0 

(550,000) 

(550,000) 

1 

270,000 

170,000 

2 

170,000 

210,000 

3 

130,000 

150,000 

4 

150,000 

180,500