"A learning group of Darden MBA students meets to discuss the case assigned for the subsequent day's accounting class. Two members who are CPAs understand the team will lack basic understanding of the material unless they intervene. The case-within-a-case structure functions to put emphasis on widespread misconceptions among students new to the stuff on one level and, simultaneously, common accounting oversights among entrepreneurs on the other.
This case works well subsequent to an introductory class on trade evaluation and preparation of basic financial statements. “In particular, it covers research and analysis and the proper recording of transactions of the balance sheet, income statement, and statement of cash flow. The case aims understanding the reasoning for generally accepted accounting principles and practices from the perspective of a manager and decision maker. "
The Accounting Case Learning Team 50 case study solution
PUBLICATION DATE: June 12, 2013 PRODUCT #: UV6680-HCB-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING