5K6Z0006 Corporate Reporting and Governance Assignment Brief 2025/26 | MMU

Submission Instructions

Assignment will be submitted as one Word/PDF document to Moodle

Please submit your assignment by the submission deadline. If you are having difficulty with uploading any work to a summative assessment and are not able to resolve the issue with your tutor or other teams then you can use this form. Please ensure that this is done BEFORE the due date and time passes. On-time submissions will be uploaded to Moodle reflecting the date/time the form was submitted.

Moodle has a file size limit of 100MB on any file submission. Files exceeding the size limit cannot be accepted. Files sent via OneDrive or any external file sharing software cannot be accepted. You can find more information about how to create and submit your assessment here

Assignment Task

You work for CRG LLP, a medium sized accountancy practice based in Manchester.You are currently planning the upcoming audit of one of your clients, MPM Products Limited (MPM). MPM is a premium pet food company based in the North West (https://mpmproducts.co.uk/).

You have been asked to produce an initial report for your audit partner Maria Webb based on the information provided by MPM Pet Products, and your own research, covering the following areas:

1. An overview of the business sector in which MPM operates, comparing MPM to a suitable competitor and providing an outlook for the next 1-2 years.

(1,000 words)

2. a) Assess MPM in relation to existing ESG reporting requirements, and current compliance with areas of best practice.

b) Highlight two areas that could be reported for:

(i) Environmental,

(ii) Social; and

(iii) Governance.(1,000 words),

3.a) Select one area from the financial statements and explain how Artificial Intelligence (A.I.) can be used to assist in the audit of the area you have chosen. Justify your choice of accounting area in relation to MPM specifically.

b) Discuss the benefits this would bring to the audit process compared to the traditional audit tests that auditors perform (for your chosen area) as part of your discussion.(850 words)

4.Identify a potential vendor that CRG LLP could use for this purpose, giving a brief summary of the service they can provide to CRG and why they would be a suitable choice.(150 words)

5.Discuss the challenges faced by audit firms when introducing new technologies into an audit, particularly in the SME market for clients such as MPM, who would have been classed as an SME when they were first established and growing.

(500 words)

We would expect to see a minimum of 15 references

Assignment Support

We have a number of resources to support you, including but not limited to the study skills webpages. 

The assignment will be covered in the first and second tutorial sessions.

Podcasts will be available on Moodle for each area of the assignment, alongside information provided on MPM.

Module Learning Outcomes Assessed

1. Evaluate the regulatory, ethical and governance frameworks that underpin financial reporting and assurance engagements. 

2. Evaluate the principles and procedures of International Financial Reporting Standards (IFRS), International Standards on Auditing (ISAs) and International Standard on Assurance Engagements (ISAE) to business scenarios.

3.  Analyse financial statements from the perspective of a variety of stakeholders.

4. Appraise current issues and potential future developments in the areas of Corporate Reporting and Assurance.

Assurance of Learning (AoL)

AoL Traits assessed

1. Our graduates will apply critical thinking to practical and theoretical problems
2. Our graduates will be effective communicators using a range of media
3. Our graduates will demonstrate an awareness of ethical, corporate social responsibility and sustainability issues appropriate to the level of study and the discipline context
4. Our graduates will demonstrate professional and commercial/corporate awareness

Referencing

References are the items you have read and specifically referred to (or cited) in your assessment submission. Do not include a list of everything you read in preparation for writing your submission, if you have not referred specifically. Attempt to summarise in your own words another person’s work, theories or ideas and then cite your sources. Use quotation marks/inverted commas to show the difference between the actual words of the writer and your own words and always acknowledge your sources in references. Using references in reports and essays is one way to avoid accusations of academic misconduct, specifically plagiarism.

All Manchester Metropolitan University students are required to use Cite Them Right Harvard referencing style. For further information, access the Cite Them Right Harvard website. We recommend using the ebook or print book in conjunction with the website, as it features additional examples and explanations. If you have any queries on using Cite Them Right Harvard, please email library@mmu.ac.uk

Academic Integrity, Academic Misconduct and Plagiarism

Academic integrity is about maintaining the highest standards of honesty and ethical conduct in your academic work. It means being transparent about the sources of your ideas and giving proper credit to other researchers through accurate citations and references. When you conduct research or complete assignments, you must ensure that your work is original, truthful, and free from any form of academic misconduct. This includes avoiding plagiarism, which means never presenting someone else's ideas or words as your own without acknowledgement. Your academic work must demonstrate integrity by carefully referencing all sources, and submitting work that is genuinely your own. Additional information, video tutorials and guides to support good academic practice and maintain Academic Integrity in your assignments can be found on the Academic Integrity area of the Academic and Study Skills page on Moodle.

Academic Misconduct is any action that could give you an unfair advantage in coursework, exams, or any other assessed work, which could lead to undermining the academic standards of the University. This includes but is not limited to practices such as plagiarism, self-plagiarism, collusion, contract cheating or falsification of data. Full details of the Manchester Metropolitan University guidelines for Academic Misconduct and definitions of terms can be found on in our Academic Misconduct Policy.

Use of Generative AI in Assessments

The use of generative AI is permitted in this assessment, so long as it is used in accordance with the instructions provided in the ‘Are you allowed to use AI in assessments? section of the AI Literacy Rise Study Pack. All submitted work must be your own original content.

Late Submissions Assessment Extension Procedure

To find information for assessment extension procedure, please refer to Manchester Met’s assessment mitigation and extension procedures. Please also refer to relevant guidance on your Module Moodle submission area (where applicable).

Please note: If you think you are unable to submit on time due to health issues or some other unforeseen issue you must request this via your Module Moodle page, referring to the guidance in the links provided above.