A Compilation of Analyses of Financial Reporting

The purpose of this paper is to explore financial reporting topics through twelve separate case studies. The following cases were completed over the course of a year in the independent study class Accy 420. The case studies provided the opportunity to explore accounting topics beyond the journal entries typically taught in accounting classes. In-class discussions and the Financial Accounting Standards Board (FASB) Accounting Standards Codification guided the development of the solutions to the twelve cases. For each case, I learned the applicable FASB guidance and the theory behind the appropriate accounting treatment. The case studies allowed me to explore topics ranging from potential fraud schemes to a new revenue recognition principle. The cases also provided the opportunity to develop Microsoft Excel and research skills. Through the knowledge gained from the completion of these studies, I am better equipped to think critically in my professional career.