July 17, 2018

Instructor Notes

Before you introduce internal controls make sure your students understand the types of problems they are trying to solve. This simple case gets students thinking about problems businesses face and...

July 17, 2018

Instructor Notes

The concept of revenue recognition is critical to understanding accrual accounting. This is a great case to start chapter 2 before there is any discussion of accrual accounting. Up until this poin...

July 12, 2018

Instructor Notes

Students often struggle to understand that inventory cost flow (i.e. FIFO / LIFO) is an accounting treatment and has nothing to do with the actual flow of goods. This simple case is a great way to...

July 12, 2018

Instructor Notes

Before getting into the details of depreciation methods, it is useful to have students think a little about why we depreciate long-term assets. The case helps reinforce how accrual accounting matc...

July 11, 2018

Instructor Notes

Even though this case deals with the first learning objective in Chapter 1, it works best to introduce it at the end of the chapter. The goal of this case is for students to identify how financial...

July 11, 2018

Instructor Notes

Let your students think about the purpose of accounting before you give them answer. The problem based learning case works well at the start of an introductory class. 

Difficulty: Easy

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