Fluent Essays

All requirements in the file attached Similarity less than 10\%Turnitin report needed For any clarification please ask with speaker notes and upload.You can refer the following link to see how to save to pdf with speaker notes. Thank you ma_lo_1_presentation_brief___spring__2020.docx Unformatted Attachment Preview - College of Banking and Financial Studies Presentation (oral/individual viva) Brief – BTEC Higher National Diploma in Business (Level 5) Student Name /ID Number Unit Number and Title Unit 5 Management Accounting Academic Year SPRING 2019-20 Unit Assessor Ms. Sujata S / Dr Roslin / Mr.Gnanendran I. V. Name LIVT Assignment Title Demonstrate an understanding of management accounting systems 30th May 2020 Presentation Date Presentation Format: This assessment component is designed to assess the command verbs used in this learning outcome (LO1) through an individual presentation (oral/viva/). Individual student is required to prepare a power point presentation demonstrating an understanding of management accounting systems. The presentation has to be submitted on turnitin at least two days’ ahead of the presentation by the learner. Learners are required to align the presentation perfectly to the action verbs and as per assessment criteria (see page 2). You are required to make effective use of power Point headings, bullet points and subsections as appropriate. Your research should be referenced using the Harvard referencing system and also provide a bibliography using the Harvard referencing system. The assessment will also observe over and above the action verbs, the following transferable skills; 1. Oral communication 2. Critical thinking 3. Reasoning 4. Creativity The presentation/oral/viva is for 20 minutes and 10 minutes is for questions and answers. Note: The power point presentation and all other evidences/support documents of this assessment component must be appended to this evaluation (Individual presentation/oral/individual viva) brief. Please fill this document in soft copy so that same may be uploaded to the ERP with evidences/support documents. This evaluation form has to be filled for each learner irrespective of whether it is a group or individual presentation. Page 1 of 6 1 Unit Learning Outcome: LO1: Demonstrate an understanding of management accounting systems Assessment Criteria Pass Merit Distinction LO1 Demonstrate an understanding of management accounting systems 2 To achieve : P1 M1 D1 Explain management accounting and give the essential requirements of different types of management accounting systems. Evaluate the benefits of management accounting systems and their application within an organisational context. Critically evaluate how management accounting systems and management accounting reporting is integrated within organisational processes. P2 Explain different methods used for management accounting reporting. Case Scenario Jingles LLC, manufacturers of various range of Building materials, manufacturing unit is based in Sohar with a capital investment of RO 10 Million and a total of 1000 employees . The Financial statement of Jingles company has shown the continuous growth in the sales revenue in the last five years, but growth in the profit is less as compare to the increase in the sales revenue. The company’s total sales are based on cash and credit. Over the last five years Company’s overall liquidity and profitability position has been adversely affected due to the increase in the receivables and closing inventory. Company has appointed you as a trainee Management accountant and asked you to stress on implementing the different cost accounting systems, to improve the overall liquidity, profitability position of the company and measures for efficient receivables and Inventory management. Page 2 of 6 Due to increase in demand for building materials among construction industry and other potential domestic customers, company expects a good rise in sales units and increase in production in two main quality category as ‘Gold X01 and ‘Silver Y02’ during the first six months of financial year ending 30th June 2020. ‘Gold X01’ is manufactured in Division A of manufacturing unit and ‘Silver Y02’ is manufactured in Division B of manufacturing unit. The following costs are estimated for two series of building materials for six months ending 30th June 2020 3 Building Material Division A Division B Gold X01 Silver Y02 R.O. R. O Material cost per unit 50 40 Labour cost per unit 25 20 Finishing cost per unit 15 15 Distribution cost per unit 5 4 Inspection cost per unit 2 2 Depreciation on Machinery per year 3500 2500 Rent of the Factory per month 1500 1500 Interest cost Per annum 2000 1500 Electricity and water bills per quarter 1500 2000 Staff salary per month 2500 2000 Marketing cost per year 4000 5000 Insurance cost per Quarter 750 1,000 Additional information: 1. Manufacturing department has planned to produce 3000 units of ‘Gold X01’ & ‘2,500 units of Silver Y02’. The company’s pricing policy is based on Full cost + 10\% for ‘Gold X01’ and Full cost + 15\% for ‘Silver Y02’ Page 3 of 6 As a trainee Management Accountant, you will be attending the meeting where you prepare and present a report on the above points. during the meeting, you are required to critically evaluate how Management Accounting Systems and Management Accounting Reporting is integrated within Jingles. (For details refer to Grades given in page 2) 4 Page 4 of 6 Observation record: Student name: Qualification: Pearson BTEC Level 5 HND Diploma in Business Unit number & title: Unit 5- Management Accounting Description of activity undertaken 5 Assessment & grading criteria How the activity meets the requirements of the criteria Student signature: Date: Assessor signature: Date: Assessor name: Page 5 of 6 ASSESSMENT RECORD SHEET – SUMMATIVE FEEDBACK Deadline Targeted criteria P1 P2 M1 Date submitted Criteria Assessment comments achieved Explain management accounting and give the essential requirements of different types of management accounting systems Explain different methods used for management accounting reporting Evaluate the benefits of management accounting systems and their application within an organizational context. D1 Critically evaluate how management accounting systems and management accounting reporting is integrated within organizational processes. General comments Learner Declaration Learner signature Assessor declaration Assessor signature I certify that the evidence submitted for this presentation/oral/viva is my own. I have clearly referenced any sources used in the work. I understand that false declaration is a form of malpractice. Date I certify that the evidence submitted for this presentation/oral/viva is the learner’s own. The learner has clearly referenced any sources used in the work. I understand that false declaration is a form of malpractice. Date Date of feedback to learner Page 6 of 6 6 ... Purchase answer to see full attachment