OTHM Level 4 Y/650/1914 Management Accounting Assignment Brief: Break-Even and Depreciation Tasks (Malta)

OTHM Level 4 Diploma in Accounting and Business: Y/650/1914 Management Accounting Assignment Brief

This OTHM Level 4 Management Accounting unit (Y/650/1914) is set around Birkbeck Engineering, where you work as a Trainee Accountant. In Task 1 you prepare an executive summary and presentation for new interns on the role of management and cost accounting and on budgeting and working capital. In Task 2 you write a business report that uses break-even analysis and compares depreciation methods for a proposed electric charging unit.

Management Accounting Unit Details

• Unit Reference Number: Y/650/1914
• Unit Title: Management Accounting
• Unit Level: 4
• Number of Credits: 20
• Total Qualification Time (TQT): 200 hours
• Guided Learning Hours (GLH): 100 hours
• Mandatory / Optional: Mandatory
• Task Grading Type: Pass / Refer

Unit Aims

The aim of the unit is for learners to develop their skills in management accounting, including preparation of budgets, costing, capital expenditure appraisal, and to apply these skills to a real-world case or case study.

Y/650/1914 Learning Outcomes and Assessment Criteria

Y/650/1914 Task 1 of 2

Assignment Brief and Guidance

You are a Trainee Accountant at Birkbeck Engineering.

The company is working on a number of different initiatives including developing a new charger for electric cars, and two interns have been hired to help with the work.

Your line manager has asked you to design a Training Programme to introduce the new interns to the management accounting practices of the business.

The tasks below will require you to focus on preparing suitable materials to include in the Training Programme.

Part A

Prepare an executive summary detailing the functions of management accounting in business. This will be included in the training manual for the new interns.

Your executive summary should:

• define management accounting.
• explain the requirements for a minimum of three types of management accounting systems.
• explain the function of cost accounting.
• explain the relationship between cost accounting and management accounting.
• explain how cost accounting, management account and financial accounting are coordinated to aid effective decision-making in business.

Part B

Prepare a presentation for the new interns in which you:

• explain the contribution of budgeting-setting and monitoring to business performance.
• explain the advantages and disadvantages of different types of budget-setting.
• explain how to apply the techniques for managing working capital management.
• explain the methods used to depreciate non-current assets.
• explain the purpose, advantages and limitations of standard costing to the business.
• provide examples to demonstrate your ability to calculate standard costs and variances.

Delivery and Submission

The submission for Part A is in the form of an executive summary written in Word format. The recommended word limit is 750 words excluding references and appendices. You may include visual aids, including organisational charts to enhance your report.

The submission for Part B is in the form of a 10-minute presentation equivalent to 750 words and must be in a recognised presentation format. You may include visual aids, to enhance your presentation.

Referencing: Harvard referencing.

Y/650/1914 Task 2 of 2

Assignment Brief and Guidance

You are working with the Finance Director and have been given the responsibility to prepare a report which shows how break-even analysis and depreciation methods could be used to assist decisions regarding the development of the new electric charging unit.

• explain the methods used to depreciate non-current assets.
• explain how to calculate break-even analysis using formula.
• explain the organisation can apply cost, volume and profit analysis.
• explain the limitations of break-even analysis.

You must ensure:

• that break-even analysis is presented in both a graphical and formula format
• that relevant calculations are used to enhance the analysis
• that the implications of different methods of depreciation are incorporated into the analysis

Delivery and Submission

The submission is in the form of a formal business report written in Word format. The recommended word limit is 750 words excluding references and appendices.

Referencing: Harvard referencing.

Get Expert Help with OTHM Y/650/1914 Management Accounting

This unit is graded Pass or Refer, so every assessment criterion must be covered. Show all workings for the break-even point and margin of safety, label each depreciation method clearly, and explain what the numbers mean for the decision rather than only calculating them. In Task 1, keep the executive summary short and link each accounting system to a practical business use.

Our accounting assignment help can check your calculations and explanations. For other OTHM Level 4 tasks, see the OTHM Level 4 Business Operations assignment brief, or compare with the Qualifi BUS403 Financial Awareness brief.