Introduction to Case Writing for Accountants: 23 Business Cases Pertaining to Financial Accounting, Key Performance Indicators and Audit - Softcover

Inhaltsangabe

This book provides 23 practice cases which pertain to financial accounting, managerial accounting or finance, and audit. A full solution is provided for every case, along with an explanation, so that the student will be able to pinpoint exactly where any errors may have been made.These questions pertain to fictitious companies with revenues from services and sales. They include sales revenue, sales returns, various expenses, capital purchases, depreciation, dividend payouts, unearned revenue, and prepaid expenses. There are also practice questions for business loans, which include the posting of interest expense as well as the principal portion of the loan repayment.This book does not teach the theory, but instead, it is intended to allow students to practice what they have learned in their introductory financial accounting, managerial accounting, and audit courses. These cases were designed to practice or test the student’s knowledge.For each case, assume the role of the auditor. Provide the correct accounting entries for each of the transactions that are listed. Then calculate the key performance indicating metric that is requested, and use the appendices to answer the questions that pertain to the audit procedures.

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