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Barr plc

Barr plc

MANAGEMENT ACCOUNTING AND FINANCIAL MANAGEMENT 1 ASSESSED WORK

This work is to be based on the company – A. G. Barr plc.

Required:
In relation to A. G. Barr plc

a) i) Provide a brief summary of the company’s business activities, its recent history, and current position.

ii) Identify and outline what you consider to be examples of important information requirements which could aid the managers of this business.

(For example you could consider issues such as maintaining day to day operational control, product costing and pricing, planning & decision making, monitoring the business performance, building and maintaining a competitive advantage, any other area(s) you consider important.)
Marks Weighting 25%
(@ 350-400 words)

Considering the company’s information needs, identified in (aii) above, you are required to discuss the following areas covered on the MAFM1 course:

• Activity based costing
• Budgeting and variance analysis
• Investment appraisal

(b) show how each of the above could be applied within the company, including a specific illustrative example. (Your example need not include numbers.)
Marks Weighting 25%
(@ 350-400 words)

(c) explain how you would expect the company to benefit from the use identified above and explain how your suggestions could assist the business performance.
Marks Weighting 25%
(@ 350-400 words)

(d) outline any limitations of the four techniques above and explain how these might adversely impact on the effectiveness of the technique for the purpose intended.
Marks Weighting 25%
(@ 350-400 words)

Your answer should be word processed, no longer than 1500 words and appropriately referenced. It will count for 30% of your final mark for this unit.
The students are to write 1500 words about A.G Barr plc.

In part (a), students should provide a brief summary, including the company’s recent (including financial) history. It is important that this is brief. They have also to discuss important information requirements which could help managers of this business. This section only counts for 25% of the marks, so the students should not write too much here.

In part (b) the students are to discuss ABC, budgeting and variance analysis and investment appraisal. For each method/technique they are to show how it would be applied within the company. The students do not have to include numbers. This is where students will let themselves down by writing about the techniques without trying to relate them to the company.

In part (c) the students are to explain how the company might benefit from the use of the techniques.

In part (d) the students are to discuss limitations of the techniques.

Parts (c) and (d) together count for 50% of the marks, therefore students should weight their answer accordingly.

Detailed Assessment Criteria for Grading
70+%

• Excellent summary and discussion of information requirements
• Excellent discussion of how the methods/techniques could be applied within the company
• Excellent discussion of benefits and limitations of the techniques
• An excellent level of presentation: a clear structure with appropriate language, including full references and bibliography where appropriate

60-69%

• Good summary and discussion of information requirements
• Good discussion of how the methods/techniques could be applied within the company
• Good discussion of benefits and limitations of the techniques
• A good level of presentation: a clear structure with appropriate language, including full references and bibliography where appropriate

50-59%

• Fair summary and discussion of information requirements
• A fair discussion of how the methods/techniques and how they could be applied within the company
• A reasonable discussion of benefits and limitations of the techniques
• A good level of presentation: a clear structure with appropriate language, including full references and bibliography where appropriate
40-49%

• Fair summary and limited discussion of information requirements
• Some discussion of the methods/techniques and how they could be applied within the company
• Some discussion of benefits and limitations of the techniques
• A fair level of presentation: a structure with appropriate language, including full references and bibliography where appropriate
35-39%

• A poor summary and discussion of information requirements
• A poor discussion of the methods/techniques and how they could be applied within the company
• Poor discussion of benefits and limitations of the techniques
• A fair level of presentation: a structure with reasonably appropriate language, including full references and bibliography where appropriate

 

Less than 35%

• A very limited summary with little or no discussion of information requirements
• A poor discussion of the methods/techniques
• Little discussion of the benefits and limitations of the techniques
• A poor level of presentation: little structure

 
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