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Assignment Remit

ASSESSMENT DETAILS

Widening Accounting Horizons A (08 33975)

BSc Accounting and Finance

Assignment 2: Individual 1,000 word Business Report

Attendance and participation in lectures and seminars is vital for your success in this module because if you do not attend then you will not have company transactions to include and discuss in your report

The Business report relates to the second half of the module (focusing on SAASU and business processes). There is a required format for the presentation of this report: a word document with “cropped screengrabs” of the relevant sections of your Saasu ERP software. It should demonstrate well-organised presentation and coherent writing.

Detail: Saasu numbers plus explanatory narrative

During your lectures you will receive guidance and tuition on how a company accounts for transactions. You will also have practical experience of ‘posting’ those transactions in your own virtual company that you set up in Saasu.

NB DO NOT WORRY ABOUT PERFECTION - your transactions do not have to be 100% accurate – just close enough to prove that you understand what you are doing.

This aligns to many businesses where Financial statements are not accurate to the penny, but portray a ‘materially’ correct representation of the businesses financial position (Some of you will explore this in more detail next year if you select the AUDIT module)

Your transactions should mirror those that I ask you to make, and not include any others – There is a risk that if you post random or wrong transactions that you lose some marks in the “numbers” section of the assignment below.

If you do accidentally create the wrong transactions, you can delete them, but this can be quite complicated depending on how much other work you have done.

Follow the guidance in the interactive lectures, and if needed spend time afterwards, ensuring your Saasu transactions are a close as possible to what has been requested.

You do not have to be perfect with your work; this is a new area and will be challenging for some of you (especially if you miss lectures or don’t listen!).

The detail (wordcount 1,000 words – not including screenshots):

This report should include the following:

1. Screenshots of the following screens:

o Dashboard at year end*

o Trial balance at year end

o Inventory (also known as Stock) at year end

o Accounts Payable (or Trade Creditors) at the year end

o Accounts Receivable (or trade Debtors) at the year end

2. Narrative relating to the following screenshots

1. Trial balance at year end – Description and identification of any key / unusual balances not already discussed in 2, 3 or 4 below

2. Inventory at year end by quantity and value – Describe the type of inventory that exists in the business and whether management need to action anything / any other points that you think are relevant

3. Accounts Payable at the year end – Describe what AP relates to and why management do not want this to be too small. Also any other points that you think are relevant

4. Accounts Receivable at the year end – Describe what AR relates to and why management want this figure to be small. Also any other points that you think are relevant

3. Good professional appearance: Think about how you want to structure the above to make it look like a professional piece of work. (eg Headings / Titles / etc)

* NB Year end for the purpose of this assignment occurs immediately after the final hands on Saasu session that you do – ie your Saasu final position with your software. It does not relate to any of my add-on sessions – these will occur outside Saasu.

Other information

Rubric – this is guidance on how you will be marked out of 100 on the Saasu Business report section:

* Screenshots to be captured using the snip & sketch function, printscreen function or similar, providing that your screenshots are readable otherwise I will not be able to award marks for this area. Some students who struggle to get good screengrabs may use photo’s but you will drop some marks given that this is a business report.

The Assignment should be submitted as one Word document (so we can check for plagiarism)

Please see Canvas page for assignment submission date. Late penalties will be applied for missing the deadline and for exceeding wordcount.

NB The word limit is a maximum of 1,000 words.  Learning portfolios that exceed this will be penalised with the following grade point deductions:

o Up to 10% over: no penalty

o 11% to 20% over: 5% penalty

o 21% to 30% over: 10% penalty

o More than 30% over: minimum of 15% penalty

Graphics, tables, figures and the reference list do not count towards the word count.

Module Learning Outcomes:

· Identify the different levels at which organisations operate and the different perspectives from which they can be studied; Identify what it means to study business.

· Appraise the role, function and operation of internal controls and corporate systems within modern business environments;

Feedback to Students:

Both Summative and Formative feedback is given to encourage students to reflect on their learning that feed forward into following assessment tasks. The preparation for all assessment tasks will be supported by formative feedback within the tutorials/seminars. Written feedback is provided as appropriate.  Please be aware to use the browser and not the Canvas App as you may not be able to view all comments.

Plagiarism:

It is your responsibility to ensure that you understand correct referencing practices. You are expected to use appropriate references and keep carefully detailed notes of all your information sources, including any material downloaded from the Internet. It is your responsibility to ensure that you are not vulnerable to any alleged breaches of the assessment regulations. More information is available at this link

Use of Generative AI:  

Unless explicitly stated otherwise, students should assume that the use of generative AI within an assessment or assignment is not permitted.  Any assessment submitted that is not a student’s own work, including that written by generative AI tools, are in breach of the University’s Code of Practice on Academic Integrity.  Further information is available at this link.

Wellbeing Extenuating Circumstances:

The process for Extenuating Circumstances is to support students who have experienced unforeseen issues that have impacted their ability to engage with their studies and/or complete assessments. Students should notify Wellbeing of any extenuating circumstances as soon as possible via the online form, following the guidance provided at this link.