This case is Part 2 of a case series that provides an opportunity for students to explore XBRL data from the Security and Exchange Commission’s (SEC) Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system. This case provides an opportunity for students to explore Inline XBRL data from the...
This application scenario asks students to assume the role of an auditor and use their professional judgment to perform a fraud risk assessment as part of the audit planning process for Jameson Family Farms, a family-owned business that grows and sells peanuts. As a result of the assessment, student...
This application scenario asks students to assume the role of an auditor and use their professional judgment to perform a fraud risk assessment as part of the audit planning process for Jameson Family Farms, a family-owned business that grows and sells peanuts. As a result of the assessment, student...
A scenario where the student assumes the role of a junior accountant at Transcontinental Energy Company, an independently owned explorer and producer of oil and natural gas, and must make a judgment about recording a loss contingency regarding possible asset expropriation related to TEC’s assets in...
A scenario where the student assumes the role of a junior accountant at Asbat, a leading pharmaceutical company, and must make a judgment about recording a valuation allowance against the deferred tax asset created by a net operating loss carryforward.
A scenario where the student assumes the role of the controller for AKS, a consumer electronics company, and must make a judgment to determine possible goodwill impairment using a qualitative assessment over a multi-year period.
Part II: Students should be broken into groups to either assume the r...
A scenario where the student assumes the role of the controller for AKS, a consumer electronics company, and must make a judgment to determine possible goodwill impairment using a qualitative assessment over a multi-year period.
Part I: students apply the professional judgment framework to make a...
A scenario where the student assumes the role of the new controller of United Super Steel, a steel producer, and must make a judgment about recording an environmental obligation due to contamination of a production site over a multi-year period.
Part II: student assumes a new role as the audit sen...
A scenario where the student assumes the role of the new controller of United Super Steel, a steel producer, and must make a judgment about recording an environmental obligation due to contamination of a production site over a multi-year period.
Part I: students apply the professional judgment fra...
A scenario where the student assumes the role of the new controller of the Prescott Company, a commercial real estate developer, and must make a judgment about the potential refinancing of its mortgage loan.
Part III: students prepare the final written memorandum of their judgment relative to the...
A scenario where the student assumes the role of the new controller of the Prescott Company, a commercial real estate developer, and must make a judgment about the potential refinancing of its mortgage loan.
Part II: students apply the professional judgment framework to make a judgment regarding t...
A scenario where the student assumes the role of the new controller of the Prescott Company, a commercial real estate developer, and must make a judgment about the potential refinancing of its mortgage loan.
Part I: students define the issues relative to the scenario
Note: This application scena...