Management School – Undergraduate Coursework Specification 2021-22

Module Code: MGT225 Coursework Code: 1
Module Title: Intermediate Financial Accounting
Date Available: w/c 14 March 2022
Submission details: Monday 25 April 2022, 12pm (noon)

Electronic submission only through Blackboard
You are now allowed to utilise the Turnitin Check before the assignment deadline which can be accessed via the information room. This allows you to
generate an originality report and use this to improve your referencing and citation skills.
Please note: Turnitin Check is NOT the final submission – you still need to submit your work to the Assignment Link on the module
Blackboard site, otherwise it will be marked as Not Submitted.
You should note that the time of submission is taken from once the document has been successfully uploaded and confirmed – this may take more than
five minutes during busy periods. Late penalties will be applied to any work submitted from 12.01pm on Monday 25 April 2022 onwards. Details of
how to calculate a late penalty can be found in your programme Handbook. It is your responsibility to ensure the correct document/file has uploaded
successfully.

When submitting students must:
1. Include a completed cover sheet (available from Blackboard (MOLE))
2. Use ‘Student Number, MGT225-1’ (e.g. 190011001 MGT225-1) as the document’s file name and also as the Assignment Title in Turnitin.
Contribution to Final Mark for Module: (25%)
Maximum Word Length: 1000 words
Unless otherwise specified, the word count is for the main body of the text and ignores the reference list and appendices. If you exceed the word length
you will be penalised. For details see the Management School Handbooks.
Please note that SUMS does not have a word count tolerance - it is a stated maximum as outlined above.
Question:
The IASB has achieved great success in extending the adoption of international financial reporting standards and harmonising financial
reporting practice across the globe.
Required:

Using Nobes (2013) and Yip and Young (2012) and any other relevant academic materials, critically discuss to what extent IFRS contributes
to the international harmonisation of financial reporting.

References:

Nobes, C. (2013) The continued survival of international differences under IFRS. Accounting and Business Research, 43 (2), 83-111.

Yip, R.W.Y and Young, D (2012) Does Mandatory IFRS Adoption Improve Information Comparability? The Accounting Review, 87 (5),
1767-1789.

(You can obtain these articles from the electronic journals in the library. After logging into MUSE you should click on StarPlus – Library
Catalogue. Then click on Browse EJournals. After that, you should type in the journal name (e.g., for the 1st article, type in “Accounting and
Business Research”). Then you should navigate through the electronic library for this journal to find the article. If you have any problems
finding the journal you should contact the staff in the library for assistance.)




Assessment Criteria:

Structure and development of the essay
Assessment
criteria
<40%
(Fail)
40-44%
(Pass)
45-49%
(3rd class)
50-59%
(2.2 )
60-69%
(2.1)
70-79 %
(1st class)
80 % and above
(1st class)
Introduction: Clear
exposition of the
aims, summary of
the arguments
made and the
structure of the
essay.
The essay does not
contain an
introduction.
The introduction
contains little
information about
the aims, a
summary of the
arguments made
and an outline of
the structure of the
essay
The introduction
contains limited
information about
the aims, a
summary of the
arguments made
and an outline of
the structure of the
essay
The introduction
contains some
information about
the aims, a
summary of the
arguments made
and an outline of
the structure of the
essay
The introduction
contains a lot
information about
the aims, a
summary of the
arguments made
and an outline of
the structure of the
essay
The introduction
contains full
information about
the aims, a
summary of the
arguments made
and an outline of
the structure of the
essay.
The introduction
contains full and
excellent
information about
the aims, a
summary of the
arguments made
and an outline of
the structure of the
essay.
Main body: Logical
and easy to follow,
with reasoned
arguments
Totally illogical and
difficult to follow the
arguments made.
Difficult to follow the
arguments made.
Not easy to follow
the arguments
made.
Logical and fairly
easy to follow, with
some reasoned
arguments
Logical and easy to
follow, with
reasoned
arguments
Logical and very
easy to follow, with
reasoned
arguments
Logical and very
easy to follow, with
well-reasoned
arguments
Conclusion:
Summarises the
preceding
discussion and the
arguments made.
There is no
conclusion
Hardly any
summary of the
preceding
discussion and the
arguments made.
Limited summary of
the preceding
discussion and the
arguments made.
Good summary of
the preceding
discussion and the
arguments made.
Very good summary
of the preceding
discussion and the
arguments made.
Excellent summary
of the preceding
discussion and the
arguments made.
Outstanding
summary of the
preceding
discussion and the
arguments made.






Research and analysis

<40%
(Fail)
40-44%
(Pass)
45-49%
(3rd class)
50-59%
(2.2 )
60-69%
(2.1)
70-79 %
(1st class)
80 % and above
(1st class)
Understanding of
key concepts
and knowledge
No or very limited
understanding of
key concepts and
knowledge and an
awareness of
supporting
evidence
Limited
understanding of
key concepts and
knowledge and an
awareness of
supporting evidence
Some understanding
of key concepts and
knowledge and an
awareness of
supporting evidence
Adequate
understanding of
key concepts and
knowledge, and a
range of
supporting
evidence
A thorough
understanding of key
concepts and
knowledge, and a
range of supporting
evidence
Comprehensive
and deep
understanding of
key concepts and
knowledge, and a
range of
supporting
evidence
Full comprehensive and
deep understanding of
key concepts and
knowledge, and a range
of supporting evidence
Choice of the
relevant issues
and an
awareness of the
complexities of
the subject
matter
No or very limited
consideration of
key issues
Limited
consideration of key
issues
Some consideration
of key issues but
revealing significant
gaps in coverage
Adequate
consideration of
key issues and an
awareness of the
complexities of
the subject matter,
but revealing gaps
in coverage
Very good
consideration of key
issues and an
awareness of the
complexities of the
subject matter, with
good interpretation of
evidence
Excellent, in-depth
consideration of
key issues and an
awareness of the
complexities of
the subject matter,
with skilful
interpretation and
use of a wide
range of evidence
Outstanding, in-depth
consideration of key
issues and an
awareness of the
complexities of the
subject matter, with
skilful interpretation and
use of an extensive
range of evidence
A critical
evaluation of the
issues
No evidence of
analysis or critical
thinking
The essay is
descriptive, with
very limited
evidence of analysis
and critical thinking
The essay is largely
descriptive, with
limited evidence of
analysis and critical
thinking
Some evidence of
analysis and
critical thinking,
and of integrating
materials from a
variety of sources,
but there is too
much description.
Good evidence of
analysis and critical
thinking and of
integrating materials
from a variety of
sources,
Excellent
evidence of
insightful analysis
and critical
thinking, and of
integrating
materials from a
variety of sources,
Outstanding evidence
of insightful analysis
and critical thinking, and
of integrating materials
from a variety of
sources,
The application
of knowledge to
address the
essay
No application of
knowledge to
address the
essay.
Hardly any
application of
knowledge to
address the essay.
A limited application
of knowledge to
address the essay.
A good application
of knowledge to
address the
essay.
A very good
application of
knowledge to address
the essay.
An excellent
application of
knowledge to
address the
essay.
An outstanding
application of
knowledge to address
the essay.


Presentation

<40%
(Fail)
40-44%
(Pass)
45-49%
(3rd class)
50-59%
(2.2 )
60-69%
(2.1)
70-79 %
(1st class)
80 % and
above
(1st class)
Quality of writing
style
Essay is incompre-
hensible.
A very poor writing
style in
communicating
knowledge and
understanding and
in presenting ideas
that contains a lot of
grammatical errors.
A poor writing style
in communicating
knowledge and
understanding and
in presenting ideas
that contains too
many grammatical
errors.
A good writing style
in communicating
knowledge and
understanding, and
in presenting ideas,
but there are some
grammatical errors.
A very good writing
style in
communicating
knowledge and
understanding, and
in presenting ideas
An excellent writing
style in
communicating
knowledge and
understanding, and
in presenting ideas
An outstanding
writing style in
communicating
knowledge and
understanding,
and in
presenting ideas
Referencing of all
material used at the
point it is mentioned
in the essay and a
full listing of the
references at the
end of the essay
No references cited
in the essay and
they are not listed
at the end of the
essay
References are cited
in the text, but are
not listed at the end
of the essay and
vice versa.
Limited referencing
of all material used
at the point it is
mentioned in the
essay and an
incomplete listing of
references at the
end of the essay.
Good referencing of
all material used at
the point it is
mentioned in the
essay and a few
omissions from the
list of references at
the end of the essay.
Very good
referencing of all
material used at the
point it is mentioned
in the essay and a
full listing of the
references at the
end of the essay.
Excellent
referencing of all
material used at the
point it is mentioned
in the essay and a
full listing of the
references at the
end of the essay.
Outstanding
referencing of
all material used
at the point it is
mentioned in
the essay and a
full listing of the
references at
the end of the
essay.

Referencing: you must reference your work correctly using the Harvard method. Failure to do so will result in the deduction of marks and possible
proceedings under the University's Regulations as to the Use of Unfair Means
Independence of working:
You are reminded of the University's Regulations on the Use of Unfair Means and academic integrity which are outlined in the School's Handbooks. If
there is a suspicion that your work is not your own and that you have used unfair means or there is suspicion of a breach of academic integrity in writing
this assessment then you may be referred to our unfair means officers to consider your work. Therefore, you are advised to ensure that you undertake the
relevant guidance on the module site or programme level sites that you have access too. If you cannot access these, please contact the Student
Experience Office.
Other Submission Details:
• Use the standard Management School cover sheet
• Have the word count given on the cover sheet
• Be presented with 2.5cm margins all round
• Use Times New Roman or Arial, 11 or 12 point for the main body text
• Use 1.5 line spacing
• Have all pages numbered except the first
• Be properly spell checked
• Be made attractive with suitable use of headings, paragraphs and sections
• Be properly referenced to the Management School version of Harvard referencing