Accounting and Finance AAF044-6

Unit title & code Accounting and Finance AAF044-6
Assignment number and title Assignment one
Assignment type Case study
Weighting of assignment 40%
Size or length of assessment 2,500 words

Accounting and Finance AAF044-6

Unit learning outcomes

1.Demonstrate the following knowledge and understanding :

Demonstrate a deep and systematic understanding and broad knowledge of
financial statements and the concepts of corporate finance and investment
appraisal in order to evaluate management decisions against strategic
corporate objectives.

  1. Demonstrate the following skills and abilities:
    Analyze financial statements and evaluate management decisions through the application of relevant financial tools and techniques to assess their validity in achieving strategic corporate objectives.

What am I required to do in this assignment?
You are to write a 2500-word report as though you were a consultant writing to the board of directors of a company considering embarking on a major new joint venture with DCC plc. The board want to assess DCC plc’s performance over the past 3 years. Your report should cover the following:
(i) Background – Discuss DCC plc’s corporate objectives and how these have changed over the past 3 years. Discuss the key opportunities and major problems that DCC plc has encountered over the past 3 years and is now facing going forward (20 marks)
(ii) Evaluate the financial statements and other non- financial information to assess how DCC plc has performed over the past three years taking into account any problems or opportunities identified in (i). This should be an
interpretation of the ratios NOT the calculation of the ratios (35 marks)

Session Topic Atrill &McLaney (2014) Chapter
1 Intro to Accounting and Finance 1
2 Measuring and Reporting Financial Performance 2
3 Analysing and Interpreting Financial Statements 7
4 Cost Behaviour and Relevant Costs 9
5 Budgeting 12
6 Capital Investment Appraisal 14
7 Sources of Finance and Capital Structure 15
8 Managing Working Capital 16
9 Agency theory and Corporate Governance 5