This case relates to the fundamental basics of accounting and statement of cash flows. In Part I, students are presented with 23 business events, they should be evaluated for recording in the financial statements. Part II requires students to prepare in the 2012 statement of cash flows using the information provided to the company in 2011 and 2012 year-end balance sheet, together with the 2012 income statement. In Part III, the students have to rely on the balance of 2011 and 2011 statements of cash back to work to get the end of 2010 the balance. There are two versions of the case: Version 1 and Version 2. Option 2 case is a bit more complicated than the case of option 1. Instructors must use option 2, if they feel justified students in their understanding of the statement of financial relations and the usual set of financial statements of a typical business events. In both cases, to strengthen students' knowledge related to the process of accounting and the relationship between the financial statements. Please note that only one version of the case should be used in connection with the existence of some overlap between them. "Hide
by Mark E. Haskins Source: Darden School of Business 12 pages. Publication Date: Aug 09, 2012. Prod. #: UV6489-PDF-ENG
Related Case Solutions & Analyses:
BNL Stores
Creating a Culture of Empowerment and Accountability at St. Martin de Porres High School (A)
Accounting for Catastrophes: BP PLC and Union Carbide Corporation (A)
Comerica Incorporated: The Valuation Dilemma
Tattle Tale
Energy Vending Inc.
Ernst & Young United Kingdom (A)
From Dell to Lenovo? Investment Decision in the Rapidly Changing PC Industry
Beacon Lakes
Antitrust Regulations in a Global Setting: The EU Investigation of the GE/Honeywell Merger, Spanish Version
