Please follow instructionsHi Uncle, here is necessary information AND READING MATERIAL on the assignment. PLEASE, I WANT IT READY BY: 7 May 2020, 2pm Core Text Book (SOM) Beckford, John. (2016)....

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Please follow instructionsHi Uncle,
here is necessary information AND READING MATERIAL on the assignment.
PLEASE, I WANT IT READY BY: 7 May 2020, 2pm
Core Text Book (SOM)




  • Beckford, John. (2016).Quality: A Critical Introduction. 4th ed. Oxon: Routledge.

  • Maxwell, R.J. (1992).Dimensions of quality revisited: from thought to action.Quality in Healthcare 1:171-177



CORE TEXTBOOK( BUSINESS FINANCE)Business Accounting & Finance (PDF)by Gowthorpe, CatherineISBN9781473749382PublisherCengageEdition4thBISACBUS001000© Kortext 2020 (Version 1.0.0)


ASSIGNMENT INSTRUCTIONS Assessment Coursework Assessment code: 011 Academic Year: 2019/2020 Trimester: 2 Module Title: Business Finance Module Code: MOD003319 Level: 4 Module Leader: Tim Price Weighting: 50% Word Limit: 1000 This excludes bibliography and other items listed in rule 6.75 of the Academic Regulations: http://web.anglia.ac.uk/anet/academic/public/academic_regs.pdf Assessed Learning Outcomes 4 Submission Deadline : This assignment must be received by no later than 14:00 on Friday, 22 May 2020 WRITING YOUR ASSIGNMENT: • This assignment must be completed individually. • You must use the Harvard referencing system. • Your work must indicate the number of words you have used. Written assignments must not exceed the specified maximum number of words. When a written assignment is marked, the excessive use of words beyond the word limit is reflected in the academic judgement of the piece of work which results in a lower mark being awarded for the piece of work (regulation 6.74). • Assignment submissions are to be made anonymously. Do not write your name anywhere on your work. • Write your student ID number at the top of every page. http://web.anglia.ac.uk/anet/academic/public/academic_regs.pdf • Where the assignment comprises more than one task, all tasks must be submitted in a single document. • You must number all pages. SUBMITTING YOUR ASSIGNMENT: In order to achieve full marks, you must submit your work before the deadline. Work that is submitted late – up to five working days after the published submission deadline - will be accepted and marked. However, the element of the module’s assessment to which the work contributes will be capped with a maximum mark of 40%. Work cannot be submitted if the period of 5 working days after the deadline has passed (unless there is an approved extension). Failure to submit within the relevant period will mean that you have failed the assessment. Requests for short-term extensions will only be considered in the case of illness or other cause considered valid by the iCentre Adviser. Please contact [email protected]. A request must normally be received and agreed by the iCentre Adviser in writing at least 24 hours prior to the deadline. See rules 6.56- 6.65: http://web.anglia.ac.uk/anet/academic/public/academic_regs.pdf Mitigation: The deadline for submission of mitigation in relation to this assignment is no later than five working days after submission date of this work. Please contact [email protected] see rule 6.103 http://web.anglia.ac.uk/anet/academic/public/academic_regs.pdf mailto:[email protected] TASK Write a 1,000 word response, using any appropriate academic format (essay, report, briefing note) to answer the following question: Explain the key differences between management accounts and financial accounts and their usefulness to the users of financial information. You should support your answer by referring to the core module textbook and other reading material recommended in the module reading list. Researched information should be cited using the Harvard Referencing system. ASSIGNMENT INSTRUCTIONS Assessment Coursework Assessment code: 011 Academic Year: 2019/2020 Trimester: 2 Module Title: Business Finance Module Code: MOD003319 Level: 4 Module Leader: Tim Price Weighting: 50% Word Limit: 1000 This excludes bibliography and other items listed in rule 6.75 of the Academic Regulations: http://web.anglia.ac.uk/anet/academic/public/academic_regs.pdf Assessed Learning Outcomes 4 Submission Deadline : This assignment must be received by no later than 14:00 on Friday, 22 May 2020 WRITING YOUR ASSIGNMENT: • This assignment must be completed individually. • You must use the Harvard referencing system. • Your work must indicate the number of words you have used. Written assignments must not exceed the specified maximum number of words. When a written assignment is marked, the excessive use of words beyond the word limit is reflected in the academic judgement of the piece of work which results in a lower mark being awarded for the piece of work (regulation 6.74). • Assignment submissions are to be made anonymously. Do not write your name anywhere on your work. • Write your student ID number at the top of every page. http://web.anglia.ac.uk/anet/academic/public/academic_regs.pdf • Where the assignment comprises more than one task, all tasks must be submitted in a single document. • You must number all pages. SUBMITTING YOUR ASSIGNMENT: In order to achieve full marks, you must submit your work before the deadline. Work that is submitted late – up to five working days after the published submission deadline - will be accepted and marked. However, the element of the module’s assessment to which the work contributes will be capped with a maximum mark of 40%. Work cannot be submitted if the period of 5 working days after the deadline has passed (unless there is an approved extension). Failure to submit within the relevant period will mean that you have failed the assessment. Requests for short-term extensions will only be considered in the case of illness or other cause considered valid by the iCentre Adviser. Please contact [email protected]. A request must normally be received and agreed by the iCentre Adviser in writing at least 24 hours prior to the deadline. See rules 6.56- 6.65: http://web.anglia.ac.uk/anet/academic/public/academic_regs.pdf Mitigation: The deadline for submission of mitigation in relation to this assignment is no later than five working days after submission date of this work. Please contact [email protected] see rule 6.103 http://web.anglia.ac.uk/anet/academic/public/academic_regs.pdf mailto:[email protected] TASK Write a 1,000 word response, using any appropriate academic format (essay, report, briefing note) to answer the following question: Explain the key differences between management accounts and financial accounts and their usefulness to the users of financial information. You should support your answer by referring to the core module textbook and other reading material recommended in the module reading list. Researched information should be cited using the Harvard Referencing system.
Answered Same DayApr 16, 2021

Answer To: Please follow instructionsHi Uncle, here is necessary information AND READING MATERIAL on the...

Omkar answered on Apr 19 2021
140 Votes
Key differences between management accounts and financial accounts and their usefulness to the users of financial information
Quick Background -
Management accounting is a system where relevant information is prov
ided to the management that helps the them to make policies, plans and strategies for running the business effectively. This helps the management in planning and forecasting to control routine business operations of the organization.
UK’s premier management accounting body CIMA defines it as “It is a sourcing, analysis, communication and use of decision relevant financial and non-financial information to generate and preserve value for organizations”.
On the other hand, Financial accounting is a system where all transactions are recorded, and aim is to focus on preparation of financial statements to provide financial information to all the stakeholders i.e. users of financial statements. It generally includes Statement of Financial Position (also known as Balance Sheet), Statement of Profit or Loss and Other Comprehensive Income (also known as Profit or Loss statement) and Cash Flow Statement which is prepared in accordance with the regulations and guidelines of statute.
Key differences are as below –
1. Financial accounting is compulsory by the applicable laws of the country whereas Management accounting is not. Small businesses may not find it comfortable to spend time on management accounting as there might not be that much scale of business.
2. Financial accounting contains monetary information whereas Management accounting may also contain information on Non-Monetary items like number of employees, quantity of inventories, etc.
3. The main objective of Financial accounting is to provide financial information to stakeholders outside organization. However, Management accounting stresses on providing information to management persons so that they get an idea on how to take decisions on running the business effectively.
4. There is specified formats to prepare financial statements based on Financial accounting. It may differ country to country whereas there is no specific format for preparing management...
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