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

Lea...

April 4, 2018

Instructor Notes

Basic revenue recognition is a critical concept for students. This simple case is a great way to start the discussion of unearned revenue. I introduce the basic definition of revenue (i.e. a benef...

March 7, 2018

Quick example to highlight to importance of knowing your numbers. Even Harvard grads can struggle.

February 13, 2018

Instructor Notes

This case highlights the accounting problem of providing services to customers and then being paid for those services at a later date. Up until this point, students should only be familiar with re...

January 31, 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...

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