The assignment comprises 100 per cent of the assessment for this module. It will be in the form of a report and should be typed or word-processed; it should comprise no more than 4,000 words.
Assignment aim
The aim of the assignment is for you to show your understanding of the accounting and economic concepts covered in this module and your ability to apply these concepts in a meaningful, insightful and balanced way. The assignment emphasises the wider application of a range of relevant accounting and economic techniques, as well as making use of appropriate financial information, to aid decision making by the many stakeholders in a business enterprise. The assessment should clearly demonstrate your knowledge of the concepts you have studied and show application of such techniques to aid decision-making and problem-solving within a business context.
The best practice for the assignment is by completing the activities that feature in this Study Book. Wherever possible, it would be helpful to think how you could develop your answers to the questions and seek out supporting arguments.
Assignment task
Select a suitable company listed on a well-recognised international exchange such as, the London Stock Exchange FTSE 100 and make use of any related and associated data. There are three parts to this assessment.
1. You have been appointed to the financial team of your chosen company. You have been asked by the board to prepare an analytical review of the financial performance, position and reporting, using the most recently published financial statements (annual rather than half-year or other interim statements) and other information available, either in the public domain or from within the company.
[1,500 words, 40% of the total mark]
2. You should provide a clear and detailed assessment of the macroeconomic environment within which your chosen company operates, including its current and planned operations. You should also consider the microeconomic aspects of the company’s operations including, for example, aspects related to demand for its products and services and relevant aspects related to market structure, competition and consumer demand. Please ensure you make use of appropriate data and illustrations and employ appropriate economic concepts within your answer.
[1,500 words, 40% of the total mark]
3. Concluding remarks: you should provide a collective overview of your analyses, integrating both aspects covered within this module, accounting and economics.
[1,000 words, 20% of the total mark]