Financial Analysis of Motor sport Association UK

jacobmartin
ACC360AssessmentBriefAE22017-183.docx

Southampton Solent University

Assessment Brief

Assessment Details

Unit Title:

Finance for Sport

Unit Code:

ACC360

Unit Leader:

Obiajulu Ede

Level:

4

Assessment Title:

Financial Analysis of

Motor Sports Association UK

Assessment Number:

AE2

Assessment Type:

Written assignment

Restrictions on Time/Length :

1,500 words

Consequence of not meeting time/word count limit:

There is no penalty for submitting below the word/count limit, but students should be aware that there is a risk they may not maximise their potential mark.

Assignments should be presented appropriately in line with the restrictions stated above; if an assignment exceeds the time/word count this will be taken in account in the marks given using the assessment criteria shown.*

Individual/Group:

Individual

Assessment Weighting:

50%

Issue Date:

17th January 2018

Hand In Date:

11th April 2018

Planned Feedback Date:

15th May 2018

Mode of Submission:

On-line via ‘Turnitin’

Number of copies to be submitted:

Students are not required to submit a hard copy.

Anonymous Marking

Yes

Assessment Task

You are required to prepare a report, evaluating the financial performance of Motor Sports Association UK, over the four-year period ending 31st December 2016.

Your report should include the following information:

a) A general description of the business, identifying the principal factors which have potential to impact on financial performance. This should include identification of the main sources of revenue and elements of costs.

b) An analysis and evaluation of the company’s financial performance over the four-year period ending 31st December 2016, utilising horizontal change and financial ratio comparisons.

Your report should be written in an appropriate academic style, in accordance with good academic practice.

Assessment criteria

· (20%) Business description and identification of factors with potential to impact on financial performance.

· (60%) Analysis and evaluation of financial performance.

· (20%) Style, presentation, communication and referencing.

Additional Instructions

The Annual Report and Consolidated financial statements for the four-year period ending 31st December 2016 can be downloaded from the assessment section of the unit SOL site. Further information is available from the company’s web-site, at: https://www.msauk.org/News-Publications/Publications/Annual-Report

Your report should have a logical flow, which indicates a clear distinction between each section of the question. You are NOT requirement to include an executive summary – it would be a waste of the available word count.

Your report should cover the following: Revenue; Profitability; Liquidity. The following elements of the financial statements will be of particular relevance to your analysis:

· Group Profit and Loss Account (Income Statement)

· Group Balance Sheet (Statement of Financial Position)

Financial ratios should be calculated from the information contained in the annual reports and group financial statements, and should not be extracted from any online database. Details of any ratios or calculations used should be attached to the report as an appendix.

The word count has been restricted so as to require students to present the most relevant issues in a concise manner.

Credit has been allowed for style, presentation, communication, and referencing, in order to encourage good academic practice.

You should provide an exact word count on the front cover of your assignment and append a full bibliography at the end. Appendices, References, and Bibliography are not included in the word count.

You should use the Harvard Referencing System for references in both the main body of your assignment and the bibliography.

Avoid cutting and pasting from the company’s web site. The report should be written in your own words. Where Information from a web site is selectively used, it should be suitably referenced, as otherwise it is plagiarised.

Learning Outcomes

This assessment will enable students to demonstrate in full or in part the learning outcomes identified in the unit descriptors.

Late Submissions

Students are reminded that:

i. If this assessment is submitted late i.e. within 5 working days of the submission deadline, the mark will be capped at 40% if a pass mark is achieved;

ii. If this assessment is submitted later than 5 working days after the submission deadline, the work will be regarded as a non-submission and will be awarded a zero;

iii. If this assessment is being submitted as a referred piece of work (second or third attempt) then it must be submitted by the deadline date; any Refer assessment submitted late will be regarded as a non-submission and will be awarded a zero.

http://portal.solent.ac.uk/documents/academic-services/academic-handbook/section-2/2o-assessment-policy-annex-1-assessment-regulations.pdf?t=1411116004479

Extenuating Circumstances

The University’s Extenuating Circumstances procedure is in place if there are genuine circumstances that may prevent a student submitting an assessment. If students are not 'fit to study’, they can either request an extension to the submission deadline of 5 working days or they can request to submit the assessment at the next opportunity (Defer). In both instances students must submit an EC application with relevant evidence. If accepted by the EC Panel there will be no academic penalty for late submission or non-submission dependent on what is requested. Students are reminded that EC covers only short term issues (20 working days) and that if they experience longer term matters that impact on learning then they must contact a Student Achievement Officer for advice.

A summary of guidance notes for students is given below:

http://portal.solent.ac.uk/documents/academic-services/academic-handbook/section-4/4p-extenuating-circumstances-procedures-for-students.pdf?t=1472716668952

Academic Misconduct

Any submission must be students’ own work and, where facts or ideas have been used from other sources, these sources must be appropriately referenced. The University’s Academic Handbook includes the definitions of all practices that will be deemed to constitute academic misconduct. Students should check this link before submitting their work.

Procedures relating to student academic misconduct are given below:

http://portal.solent.ac.uk/support/official-documents/information-for-students/complaints-conduct/student-academic-misconduct.aspx

Ethics Policy

The work being carried out by students must be in compliance with the Ethics Policy. Where there is an ethical issue, as specified within the Ethics Policy, then students will need an ethics release or an ethical approval prior to the start of the project.

The Ethics Policy is contained within Section 2S of the Academic Handbook:

http://portal.solent.ac.uk/documents/academic-services/academic-handbook/section-2/2s-university-ethics-policy.pdf

Grade marking

The University uses a letter grade scale for the marking of assessments. Unless students have been specifically informed otherwise their marked assignment will be awarded a letter grade. More detailed information on grade marking and the grade scale can be found on the portal and in the Student Handbook.

Policy: http://portal.solent.ac.uk/documents/academic-services/academic-handbook/section-2/2o-assessment-policy.pdf

Guidance for online submission through Solent Online Learning (SOL)

http://learn.solent.ac.uk/onlinesubmission

6

Motor Sport Association, UK (AE2)

Criterion

A1 – A2

A3 – A4

B1 - B3

C1 – C3

D1 – D3

F1

F2 – F3

Extent of knowledge about the principal factors impacting on financial performance.

20%

Excellent breadth and depth for work at this level.

Accurate and coherent in breadth, with depth in many areas.

Accurate in breadth, with depth in several areas.

Accurate, with depth in some aspects.

Largely accurate across most areas, with limited depth.

Range of information limited, with some inaccuracies and omissions.

Range of information inadequate, with substantial inaccuracies and omissions.

Analysis and evaluation of the company’s financial performance.

60%

Exceptional judgement in analysis and evaluation of the company’s financial performance, with well-founded and evidenced conclusions.

Exercises judgement in analysis and evaluation of the company’s financial performance, generating well-founded conclusions.

Exercises judgement in analysis of company’s financial performance, with some evaluation, and generating well-founded conclusions.

Satisfactory analysis of the company’s financial performance, with little evaluation.

Adequate analysis, without evaluation, and with tendency to be descriptive.

Superficial analysis, and overly descriptive

Analysis absent or with significant errors and / or omissions. Descriptive and poorly understood.

Style, presentation, communication and referencing.

20%

Excellent presentation and organisation of work, lucidly communicated throughout, with exemplary references.

Excellent presentation and organisation of work, mostly lucidly communicated, with extensive and accurate referencing.

Appropriate presentation and organisation of work, clearly communicated, with consistent and accurate referencing.

Satisfactory presentation and organisation of work, mostly communicated appropriately, with mostly consistent and accurate referencing.

Organisation and presentation of work, and communications, adequate in most respects, with some mistakes and irrelevancies. Some errors in referencing.

Elements of disorganisation, poor presentation, poor or inappropriate communication or expression.

Errors and omissions in referencing (or none).

Work is disorganised, poorly presented, with poor or inappropriate communications and expression.

Substantial errors in referencing (or none).