ACFI3424
International Accounting and Finance Issues
Assessment Information – What you need to do
This assignment is an individual assignment.
Please read the whole assessment brief before starting work on the Assessment Task.
The Assessment Task - Case study: Volkswagen.
Please note that the case study is related to Financial Goals and Corporate Governance theme.
The case study consists of the car company Volkswagen that you have recently joined. You are requested to produce a report discussing the following questions:
(i) Why did Volkswagen’s leadership decide to use defeat devices?
(ii) Who controls the strategic and operating decisions at VW?
(iii) Describe the various stakeholders and their individual interests in VW. Whose interest dominated in the decision to pursue the defeat device strategy?
(iv) How did VW react to the discovery of its deceit? Do you think this was the proper crisis management response? What would you recommend that they do differently – next time?
The case study Volkswagen can be found by clicking on the following link: https://shorturl.at/hmKQ9
The report should contain the following:
1- Title
2- Introduction
3- Body of report (questions i, ii, iii and iv)
4- Recommendations
5- Conclusions
6- References
Criteria for Assessment - How you will be marked
The criteria by which the work will be assessed is attached to the present assignment brief. A rubric is provided and can be found at page 5 of this document.
Further information on university mark descriptors can be found here.
This assignment is designed to assess the following learning outcomes:
LO1. Demonstrate subject specific knowledge informed by theoretical perspectives
LO2. Critique contemporary professional norms and practice in their field
LO3. Appreciate and evaluate influences on international accounting developments
LO4. Appraise how social, political and legal systems affect national accounting practice.
LO5. Demonstrate an awareness of the social and environmental responsibilities of business
LO6. Discuss and appraise sustainability accounting and reporting
LO7. Critically assess business models and practices
LO8. Critically appraise the key issues in international finance.
Assessment Details
The word count is 1800 words.
There will be a penalty of a deduction of 10% of the mark for work exceeding the word limit by 10% or more.
The word limit includes tables, figures, quotations and citations, but excludes the references list and appendices.
How to Submit your Assessment
The assessment must be submitted by 23:59 GMT on 30/05/2024. No paper copies are required. You can access the submission link through the module web.
• Your coursework will be given a zero mark if you do not submit a copy through Turnitin. Please take care to ensure that you have fully submitted your work.
• Please ensure that you have submitted your work using the correct file format, unreadable files will receive a mark of zero. The Faculty accepts Microsoft Office and PDF documents, unless otherwise advised by the module leader.
• All work submitted after the submission deadline without a valid and approved reason will be subject to the University regulations on late submissions.
o If an assessment is submitted up to 24 hours late the mark for the work will be capped at the pass mark of 40 per cent for undergraduate modules or 50 per cent for postgraduate modules
o If an assessment is submitted beyond 24 hours late the work will receive a mark of zero per cent
o The above applies to a student’s first attempt at the assessment. If work submitted as a reassessment of a previously failed assessment task is submitted later than the deadline the work will immediately be given a mark of zero per cent
o If an assessment which is marked as pass/fail rather than given a percentage mark is submitted later than the deadline, the work will immediately be marked as a fail
• The University wants you to do your best. However, we know that sometimes events happen which mean that you can’t submit your coursework by the deadline – these events should be beyond your control and not easy to predict. If this happens, you can apply for an extension to your deadline for up to five working days, or if you need longer, you can apply for a deferral, which takes you to the next assessment period (for example, to the re-sit period following the main Assessment Boards). You must apply before the deadline for your assessment. You will find information about applying for extensions and deferrals here.
• Students MUST keep a copy and/or an electronic file of their assignment.
• Checks will be made on your work using anti-plagiarism software and approved plagiarism checking websites.