Objectives
To develop an ability to identify and assume an assigned role.
To be able to identify and rank the importance of explicit issues.
To illustrate the importance of hidden (undirected) issues that arise from a detailed analysis.
To identify accounting issues (GAAP/IFRS compliance issues), assess their implications, generate alternatives, and provide recommendations within the bounds of GAAP/IFRS to meet the client’s needs.
To examine how accounting standards impact financial measures (ratios, covenants, etc.).
To prepare a coherent report and integrated analysis that meets specific user needs.
Instructions
In order to complete your case analysis successfully
identify the role you are playing
assess the financial reporting landscape considering the user needs, constraints, and business environment,
identify the issues,
analyze the issues (qualitatively and quantitatively), and
provide a recommendation and conclusion.
An average grade will result from answering all questions with basic coverage and accuracy, showing all your work. Additional points come from including greater detail, astute, informed commentary where appropriate and connections to readings and other content.
Respond in a single Word doc (or comparable text editor).