You are required to choose a Public Limited Company on which to base your assignment. You are advised to check with your tutor that your choice of company is appropriate. Task 1 of 1 - Business Report (ACs 1.1, 1.2, 2.1, 2.2, 3.1, 3.2, 3.3, 4.1, 4.2, 4.3)

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13 Nov 2026 • 2 min read

Corporate Reporting | OTHM Level 7 Accounting and Finance Assignment 2026

OTHM Level 7 Diploma in Accounting and Finance

Corporate Reporting

Unit Reference Number	D/615/3241
Unit Title	Corporate Reporting
Unit Level	7
Number of Credits	20
Total Qualification Time (TQT)	200 Hours
Guided Learning Hours (GLH)	100 Hours
Mandatory / Optional	Mandatory
Unit Grading Structure	Pass / Fail

Unit Aims

The aim of this unit is to develop learners` ability to prepare and interpret financial statements for a range of business organisations. Learners will be able to apply relevant accounting concepts and principles. The unit provides an opportunity for learners to enhance their quantitative and qualitative analytical skills through the interpretation of financial data.

Learning Outcomes and Assessment Criteria

Learning Outcome - The learner will:	Assessment criterion - The learner can:
1. Understand the accounting and finance regulatory framework.	1.1 Explain the main sources for regulatory framework.
	1.2 Evaluate the impact of the accounting and finance regulatory framework on business organisations.
	1.3 Assess areas of abuse and exploitation in accounting and financial reporting.
2. Understanding accounting concepts, principles and theories.	2.1 Explain key accounting concepts, principles and theories
	2.2 Analyse the importance of accounting concepts, principles and theories
3. Be able to prepare and interpret accounting information.	3.1 Prepare accounting information.
	3.2 Interpret published accounting information.
	3.3 Assess published accounting information.
4. Be able to demonstrate specific policies, practices and regulations within corporate accounting.	4.1 Explain specific policies, practices and regulations within corporate accounting.
	4.2 Assess accounting regulations for a named business sector.
	4.3 Critically assess the key accounting practices and policies identified for a named business sector.

Scenario

Corporate reporting is an area of Accounting and Finance that incorporates Regulatory Framework, Financial Reporting and Ethical considerations.

You are required to choose a Public Limited Company on which to base your assignment. You are advised to check with your tutor that your choice of company is appropriate.

Task 1 of 1 - Business Report (ACs 1.1, 1.2, 2.1, 2.2, 3.1, 3.2, 3.3, 4.1, 4.2, 4.3)

Prepare a formal business report, to be presented to the Directors of your chosen company.

You must include the following:

An explanation of the main sources for regulatory framework, accounting and corporate concepts, principles and theories.
An explanation of the impact of the accounting and finance framework on business organisations in general and your chosen company.
Explain and assess specific policies, practices and regulations for your business and the business sector it operates within.
An assessment of areas of abuse and exploitation in accounting and financial reporting.
An assessment of the importance of accounting concepts, principles and theories.
An interpretation and assessment of the published accounting information of your chosen company. You should prepare additional accounting information, for example ratios, in your interpretation and assessment.

You should analyse and assess the following financial statements:

a. Income Statement
b. Statement of Financial Position
c. Cash Flow Statements

Delivery:

1x Business Report

Submission:

1x Business Report - 4500 words

Referencing:

Each section must reflect any supporting Harvard style citations.

A comprehensive Harvard style reference list must be included at the end of the work.

Evidence to be submitted

Business Report - 4500 words