Developing Students' Technical Knowledge and Professional Skills: A Sequence of Short Cases in Intermediate Financial Accounting

Author:

Ashbaugh Hollis1,Johnstone Karla M.1

Affiliation:

1. University of Wisconsin–Madison.

Abstract

Below is a series of three cases that require you to research, analyze, and write about emerging financial accounting issues or extensions of existing technical pronouncements. Specifically, the cases focus on accounts receivable valuation, environmental liabilities reporting, and the accounting for purchased in-process research and development. Throughout the three-case sequence, the complexity of the technical accounting issues and the research, analytical, and written communication requirements are gradually increased in order to facilitate the development of your technical knowledge and professional skills.

Publisher

American Accounting Association

Subject

Education,Accounting

Reference15 articles.

1. American Institute of Certified Public Accountants (AICPA).1988. Education Requirements for Entry into the Accounting Profession. New York, NY: AICPA.

2. Perspectives on Education: Capabilities for Success in the Accounting Profession (The White Paper).1989. Arthur Andersen Co., Arthur Young, Coopers Lybrand, Deloitte Haskins Sells, Ernst Whinney, Peat Marwick Main Co., Price Waterhouse, and Touche Ross. New York, NY.

3. Financial Accounting Standards Board (FASB).1974. Accounting for Research and Development Costs. Statement of Financial Accounting Standards No. 2. Norwalk, CT: FASB.

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