LO1: Understand the theoretical and conceptual underpinning and frameworks for financial accounting
LSC UoS BA in Business
Assignment Brief
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Course/Programme:
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BA Business
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Level:
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5
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Module Title:
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Accounting for Business
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Module Leader:
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Assignment titles:
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Sources of Finance
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Assignment number:
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1
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Weighting:
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Individual assignment: 30%
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Date given out:
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April 2021
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Submission date:
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Eligible for late submission (3 working days, with penalty)?
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Yes
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Method of submission:
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X
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Online only
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Online and paper copy
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Special instructions for submission (if any):
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Date for results and feedback:
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Employability skills assessed:
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C1: Reading, selecting, analysing and synthesising information from a range of sources
C2: Producing different types of document
C3: Participating in discussions
IT1: Preparing information
N3: Presenting your findings
S1: Plan personal work schedules
WWO2: Working towards identified targets
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Learning outcomes assessed:
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LO1: Understand the theoretical and conceptual underpinning and frameworks for financial accounting
LO2: Understand and consider the issues in revenue recognition, expense recognition, accruals, prepayments, depreciation, inventory valuation, recognition of liabilities in the construction of core financial statements for sole traders and limited companies
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Critically analyse the sources of long-term finance for EACH of these business entities mentioned above, in terms of their external long-term sources of finance evaluating each in terms of their similarities and differences.
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TASK DESCRIPTION – ASSIGNMENT (30%)
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BACKGROUND / INTRODUCTION
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Sole traders, partnerships, private limited companies and public limited companies (Including those listed) rely on both internal and external sources of long-term finance for expansion within their existing and new product markets.
Critically analyse the sources of long-term finance for EACH of these business entities mentioned above, in terms of their external long-term sources of finance evaluating each in terms of their similarities and differences.
1000 words +/- 10%. Any deviation from this will be penalised.
Please note the following when completing your written assignment:
- Writing: Written in English in an appropriate business/academic style
- Focus: Focus only on the tasks set in the assignment.
- Length: 1000 words +/- 10%.
- Formatting: Typed on A4 paper in Times New Roman or Arial font 12 with at least 2.5 centimetre space at each edge, double spaced and pages numbered.
- Document format: Report
- Ensure a clear title, course, and name or ID number is on a cover sheet and a bibliography using Harvard referencing throughout is also provided.
- Research: Research should use reliable and relevant sources of information e.g. academic books and journals that have been peer reviewed. The research should be extensive.
The use of a range of information sources is expected – academic books, peer reviewed journal articles, professional articles, press releases and newspaper articles, reliable statistics, company annual reports and other company information. All referencing should be in Harvard style.
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marking criteria and Student FEEDBACK – ASSIGNMENT 1
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This section details the assessment criteria. The extent to which these are demonstrated by you determines your mark. The marks available for each criterion are shown. Lecturers use a similar format to comment on the achievement of the task(s), including those areas in which you have performed well and areas that would benefit from development/improvement.
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Common Assessment Criteria Applied
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Marks available
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Marks
awarded
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1. Research-informed Literature
Extent of research and/or own reading, selection of credible sources, application of appropriate referencing conventions.
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10
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The objectives of the assignment identified and clarified.
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2. Knowledge and Understanding of Subject
Extent of knowledge and understanding of concepts and underlying principles associated with the discipline.
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10
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With respect to the assignment topic, students must have a sound knowledge and understanding of different sources of finance.
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3. Analysis
Analysis, evaluation and synthesis; logic, argument and judgement; analytical reflection; organisation of ideas and evidence
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60
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Maximum of 15 marks for each type of business structure
The ability to discuss real life situations reflecting on your own experiences through appropriate theories, models, techniques and frameworks. Credit will be given for the use of both quantitative and qualitative elements within the response to the question provided the approach adopted is reasonable and is justified.
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4. Practical Application and Deployment
Deployment of methods, materials, tools and techniques; application of concepts; formulation of innovative and creative solutions to solve problems.
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10
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Conclusion and recommendations - Ensure your conclusions and recommendations are justified and supported by facts. They should follow logically the evidence contained in the main body of the assignment. Reaching a conclusion based on your analysis is important. Don’t be afraid to have an opinion.
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5. Skills for Professional Practice
Attributes in professional practice: individual and collaborative working; deployment of appropriate media; presentation and organisation.
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10
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Overall presentation - This should be coherent, logically organised, and clearly expressed. They should be accurate in terms of spelling, grammar and punctuation.
Appendices should contain material relevant to supporting the assignment.
Referencing
- Use Harvard referencing style should be strictly followed.
- Ensure your reference list include all citations in the text and others which may not be in the text (bibliography)
Ensure that your references are coming from quality sources such as articles; textbooks and other peer-reviewed journals
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Critically analyse the sources of long-term finance for EACH of these business entities mentioned above, in terms of their external long-term sources of finance evaluating each in terms of their similarities and differences.
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