An effective internal audit department adds value to its organization in numerous ways. It helps the organization to achieve its objectives, improves risk management, strengthens internal controls, and enhances overall corporate governance. This case describes the...
This case requires a detailed analysis of impairments of both long-lived assets and goodwill for First Motors Corporation, a fictitious automobile company. By integrating multiple issues into this case, students are presented with some of the complexities and...
Teranga West Africa presents a subsidiary of a European company located in a region of the world that presents some unique opportunities and challenges for conducting business. This case can be used as an introduction to a discussion of differences in doing business...
During two recent academic years, the authors explored various aspects of the United States Internal Revenue Service’s (IRS) Volunteer Income Tax Assistance (VITA) program. They served as volunteers in three separate VITA programs, each operating under different...
This case involves applying the requirements of SFAS #150: Accounting for Certain Financial Instruments with Characteristics of Both Liabilities and Equity to a company that has recently gone public. As part of its IPO, Appllo Technology has issued two series of...
This paper presents an experiential learning case designed to give students a comprehensive view of earnings management. Student teams are given a common set of transactions and are asked to prepare financial statements. The amounts for some of the transactions are...
