COLLEGE OF BANKING AND FINANCIAL STUDIES DEPARTMENT OF UNDERGRADUATE PROGRAMME B.Sc. in Accounting, Auditing and Finance ASSIGNMENT BRIEF – Summer 2020 Weightage: 50 % Student Name Student no. Year Assignment Title Module Summer 2020 Internal control: issues, challenges and remedies Internal Audit & Financial Assessor: Dr. Salman Control (UG055) Start Date: 21st July 2020 Due Date: 6th August 2020 (formative Feedback) Internal Verifier Ms Mariam 13th August 2020 (Final Submission) 1 Required Work, Format and Grading You must submit the following by the assignment due date: ▪ Completed answers to each task, making sure that you fully address each of the outcome criteria. ▪ Answer all questions separately. ▪ Assignments without TURNITIN report will not be accepted. Resources: You need to demonstrate a confident application of the theories to the assignment task. The theoretical underpinning of your observations and deliberations should also demonstrate a good understanding of the subject by the way that your analysis is structured. You can access the Internet to research about the topic. You should demonstrate good academic practice by the appropriate use of academic texts and journals that are properly referenced. Guidelines and further information about assignment: Assignment must be submitted with the “Turnitin” report. If the report generated indicates a similarity index percentage of 20% or more, a review of your assignment is necessary to ensure the same is reduced to less than 20%. Student declaration: I certify that the work contained in this assignment was researched and prepared by me: Signature: ______________________________ Date: ___________________ Grades given are subjected to External Verification. No grades are Final 2 Submission time and date You should submit the assignment by the time and date mentioned otherwise a ‘NA’ will be awarded. Fill in the form cover and staple it with your assignment. Make sure that all the relevant details are complete. Assignments must be submitted by the due date. You may include diagrams, figures etc without word penalty. Plagiarism Writing Summary 1. Plagiarism occurs if you use somebody else’s work in an assignment or exam answer, but fail to state where you got the material from. You need to be also very careful about the amount of words you are using from somebody else’s work. 2. It can happen in any type of assessment where you are given the questions or tasks in advance. 3. If another student uses your work in his/her answer(s), both you and he/she will be punished when caught. 4. Punishments for committing plagiarism can be very severe. Details Plagiarism is a form of cheating in which students use the work of others and present it as their own. It may include all or any one of the following – 1. Copy extensively from the work of others (from sources such as books, magazines, journal, web-sites etc) and submit the work as your own. 2. Copy another students’ work and submit it for assessment under your own name. 3. Allow another student to copy your work and then submit it for assessment under their own name. What happens if you get caught? The examining body of CBFS may punish offending students in any manner that they deem fit. Typical punishments may range from reduction in grades, making students resit modules and even failing students on a module or an entire award. The college considers this form of cheating as a serious offence. Therefore be forewarned! 3 Summary of Task/(s): Attached are the cases belonging to internal control. Read the case studies and answer the questions mentioned at the end of the cases. Your answers should be specific to the questions and the case study. Write work distribution (if it is a group assignment). In-text referencing and end assignment referencing, (if applicable) should be based on Harvard Style. Refer to the lecture discussions for further details. This is a “Group Assignment”. Word Count: 1. Individual Assignment – 2000 words. 2. 2 people in a group 2000 + 1000 = 3000 words 3. 3 people in a group 2000 +1000 + 500 = 3500 words 4. 4 People in a group 2000 + 1000 + 500 + 250 = 3750 Words 5. 5 people in a group 2000 +1000 +500 + 250 + 125= 3875 words. NOTE: Instructions to candidates: • Your submissions should be through Turnitin. • You should write your answers clearly and show relevant workings. • Use Times Roman / Arial font of 12 size, 1 ½ spacing. • Downloading information and pasting it in assignment is prohibited. • Plagiarism is an academic offence. Avoid plagiarism. ****** END OF THE ASSIGNMENT ****** 4
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