Assess the financial reporting landscape considering user needs, constraints, and business environment.
Identify the issues.
Analyze the issues qualitatively and quantitatively
Provide a recommendation and conclusion.
Instructions
Review the case "Better World Storage" Financial Accounting Cases textbook, pages Note that students will be required to bring this textbook to the exam room, if applicable.
Develop a formal response to the problems posed in the case. Note that a complete analysis will reveal five issues to address.
There is no set length to the report but clear, succinct, and concise language and organization will be considered favorably in the grade.
Please submit the final report as a Word document.
Evaluation
Final Exam will be marked in its entirety out of The following rubric indicates the criteria students are to adhere to and their relative weights to the assignment overall.
ActivityCompetencies Demonstrated of Final Grade
Identification and Analysis of Issues
Issue : Classification of Preferred Shares
Issue : Accounting for the Lease
Issue : Long Term Receivable
Issue : Post Retirement Benefits
Issue : Future Tax AssetLiability