accounting case study assignment

Free business case studies to bring real-life examples into the classroom

Searching for materials to bring into the classroom can be time consuming. At CPA Canada, we've made it a little easier by providing free case studies you can use in your next business or management accounting course. 

Developed by academics and industry leaders, our case studies provide high-quality content in the areas of strategy management, financial management and reporting, and performance management and measurement. 

Use them to complement your lessons and keep students engaged. Give your students valuable insights from real-life companies that they can apply in the work force.

Students will learn how to address day-to-day operations and challenges and improve a company’s financial performance.

Use them in your classroom today!

Available topics

Strategy management, strategy mapping: saskatchewan green roofing (sgr) .

Use this case study to illustrate how focusing on community support, the environment, and operational excellence led to a successful strategy mapping implementation.

Performance Management and Measurement

Business model design: nespresso.

Inspire your students by showing them how a shift in strategy is what Nespresso needed to achieve success and redefine the coffee industry.

Process-based management: ACME

Follow the journey of a utility company as it implements a process-based management plan.

Scenario planning: Lessons from the field

Don't wait for disaster to strike. Use these examples to walk your students through a six-step process to implement a strong decision-making model.

Financial Management and Financial Reporting 

Future value drivers: lessons from the field.

Explore the power of invisible assets and how various companies turned them into profit.

The global body for professional accountants

• Search jobs
• Find an accountant
• Technical activities
• Help & support

Can't find your location/region listed? Please visit our global website instead

• Middle East
• Cayman Islands
• Trinidad & Tobago
• Virgin Islands (British)
• United Kingdom
• Czech Republic
• United Arab Emirates
• Saudi Arabia
• State of Palestine
• Syrian Arab Republic
• South Africa
• Africa (other)
• Hong Kong SAR of China
• New Zealand
• Apply to become an ACCA student
• Why choose to study ACCA?
• ACCA accountancy qualifications
• Getting started with ACCA
• ACCA Learning
• Register your interest in ACCA
• Learn why you should hire ACCA members
• Why train your staff with ACCA?
• Recruit finance staff
• Train and develop finance talent
• Approved Employer programme
• Employer support
• Resources to help your organisation stay one step ahead
• Support for Approved Learning Partners
• Becoming an ACCA Approved Learning Partner
• Tutor support
• Computer-Based Exam (CBE) centres
• Content providers
• Registered Learning Partner
• Exemption accreditation
• University partnerships
• Find tuition
• Virtual classroom support for learning partners
• Find CPD resources
• Your membership
• Member networks
• AB magazine
• Sectors and industries
• Regulation and standards
• Advocacy and mentoring
• Council, elections and AGM
• Tuition and study options
• Study support resources
• Practical experience
• Our ethics modules
• Student Accountant
• Regulation and standards for students
• Your 2024 subscription
• Completing your EPSM
• Completing your PER
• Apply for membership
• Skills webinars
• Finding a great supervisor
• Choosing the right objectives for you
• Regularly recording your PER
• The next phase of your journey
• Your future once qualified
• Mentoring and networks
• Advance e-magazine
• An introduction to professional insights
• Meet the team
• Global economics
• Professional accountants - the future
• Supporting the global profession
• Download the insights app

Can't find your location listed? Please visit our global website instead

• Audit and assurance case study questions
• Study resources
• Advanced Audit and Assurance (AAA)
• Technical articles and topic explainers
• Back to Advanced Audit and Assurance (AAA)
• How to approach Advanced Audit and Assurance

The first article in this series of two on Paper P7 case study questions discussed question style, what to look for in the requirements, how higher-level skills are tested, and the meaning of professional marks within a question requirement. This second article goes through part of a typical Section A case study question, applying the recommended approach described in the previous article. This approach comprises four stages.

Stage 1 – understanding the requirement

The first thing to do is to read and fully understand the question requirement. Here is the requirement we will be looking at in this article:

‘Prepare a report, to be used by a partner in your firm, in which you identify and evaluate the professional, ethical, and other issues raised in deciding whether to accept the appointment as provider of an assurance opinion as requested by Petsupply Co.’ (12 marks)

Note: this requirement includes two professional marks.

Having read the requirement, break it down. You are asked to do two things:

• identify, ie state from the information provided
• evaluate, ie discuss from a critical point of view.

The requirement asks you to consider ‘professional, ethical, and other issues’. This could cover a wide range of considerations, such as:

• ethics: independence, competence, conflicts of interest, confidentiality, assessing integrity
• professional issues: the risk profile of the work requested, the fee – and whether it is sufficient to compensate for high risk, availability of staff, managing client expectations, logistical matters such as timing, legal and regulatory matters – such as money laundering, and (in some cases) obtaining professional clearance
• other issues: whether the work ‘fits’ with the commercial strategy of the audit firm, the potential knock-on effect of taking on the work – such as the impact on other clients, or on other work performed for this client.

You are asked to produce a report, so remember that the professional marks available will be awarded for using the correct format, the use of professional business language, and for presenting your comments as a logical flow culminating in a conclusion.

From reading the requirement, you know that the question scenario will be based on a potential assurance assignment and will be broadly based around acceptance issues.

Stage 2 – reading the scenario

When reading through the detail of the scenario, you should now be alert to information relevant to this requirement. Highlight important points that you think are relevant to the scenario and remember to focus on issues that could affect your acceptance of a potential assurance assignment.

Now read the following extract from the scenario and highlight the salient points – remember to look out for any factors relevant to the ethical, professional, and other issues described above.

Extract: You are a senior manager in Dyke & Co, a small firm of Chartered Certified Accountants, which specialises in providing audits and financial statement reviews for small to medium-sized companies. You are responsible for evaluating potential assurance engagements, and for producing a brief report on each prospective piece of work to be used by the partners in your firm when deciding whether to accept or decline the engagement. Dyke & Co is keen to expand the assurance services offered, as a replacement for revenue lost from the many small‑company clients choosing not to have a statutory audit in recent years. It is currently May 2007.

Petsupply Co has been an audit client of Dyke & Co for the past three years. The company owns and operates a chain of retail outlets selling pet supplies. The finance director of Petsupply Co recently communicated with your firm to enquire about the provision of an assurance report on data provided in the Environmental Report published on the company’s website. The following is an extract from the e-mail sent to your firm from the finance director of Petsupply Co:

‘At the last board meeting, my fellow directors discussed the content of the Environmental Report. They are keen to ensure that the data contained in the report is credible, and they have asked whether your firm would be willing to provide some kind of opinion verifying the disclosures made. Petsupply Co is strongly committed to disclosing environmental data, and information gathered from our website indicates that our customers are very interested in environmental matters. It is therefore important to us that Petsupply Co reports positive information which should help to retain existing customers, and to attract new customers. I am keen to hear your views on this matter at your earliest convenience. We would like verification of the data as soon as possible.’

You have looked at Petsupply Co’s Environmental Report on the company website, and found a great deal of numerical data provided, some of which is shown below in Table 1.

Table 1: Petsupply Co's environmental report – numerical data

Stage 3 – take time to think about the requirement and the scenario.

As discussed in the previous article, you must take time and not rush to answer. When evaluating this particular scenario try to think widely about the information provided. Your answer should cover a broad range of issues rather than concentrating on one or two. Your comments must be tailored to the scenario. It is pointless, for example, to write about a general acceptance issue which is not specifically related to Petsupply Co.

It is important to appreciate that few marks will be available for stating the issue. The higher-level skill marks in this question will be awarded for a discussion of why the issue is relevant to the decision about whether or not to provide the assurance service to Petsupply Co. The requirement is to evaluate the scenario and therefore it is crucial to demonstrate an appreciation that there may be two conflicting sides to the discussion.

Table 2 shows an example of a thought process which identifies the issues and explains why each issue is relevant to the requirement; the issues are shown in the order in which they appear in the question.

Table 2: Example of a thought process which identifies issues and shows relevance to the requirement

Table 2 is not an answer, it is a thought process. This is what you should be thinking about after reading through the scenario. The previous article stressed the importance of thinking through the scenario. It may help to jot these ideas down in an answer plan before making a start on your written answer, as this will help you to prioritise the points and give the report a logical flow.

Stage 4 – writing the report

The requirement states that two professional marks are available. As discussed in the previous article, these marks are not for the technical content of the answer, but for the way the relevant points are communicated. The report will be evaluated on the following:

• Use of a report format – a brief introduction, clear separate sections each discussing a different point, and a final conclusion.
• Style of writing – the report is addressed to the partner and so language should be appropriate. You do not need to explain things that would be obvious to a partner, and you must be tactful.
• Clarity of explanation – make sure that each point is explained simply and precisely, and avoid ambiguity.
• Evaluation skills – demonstrate that each point may have a positive and a negative side.

Remember, when answering any question requirement it is quality not quantity that counts. You should make each point succinctly and remain focused on the specific requirement. Questions can be time pressured, but it is important to remember that you should be able to read the requirement, think about it, and write an answer in the time available. This means that there is only a limited amount of time available for actually writing the answer, so keep it short and to the point. Irrelevant waffle earns no marks and will detract from the professional skills evaluation. What follows is an outline report format for this requirement:

Introduction

• Report is internal, addressed to a partner, covering proposed assurance service for existing audit client

Section 1 – ethical matters

• Provision of non-audit service
• Impact on total fee from client
• Competence to perform work – specialised engagement

Section 2 – risk-related matters

• High inherent risk – figures prone to manipulation
• Data highly subjective
• Need to rely on systems put in place by client

Section 3 – commercial matters

• Fee will have to be high enough to compensate for high risk
• Fee may need to compensate for specialists if used
• Strategic fit – assignment in line with commercial goals of Dyke & Co
• Build up experience in non-audit service
• Ascertain whether assignment will be recurring

Section 4 – other matters

• Managing client expectation regarding type of opinion sought
• Managing client expectation regarding timeframe
• Summary of key issues and decision on acceptance

Note: not all of the above points are necessary to secure a pass mark; the marking scheme is also flexible enough to cater for comments that may not appear in the ‘model answer’.

This article shows how to approach one requirement from a typical Section A question in Paper P7. It is important to practise technique by attempting as many questions as possible, starting with the Pilot Paper for Paper P7.

Written by a member of the Paper P7 examining team

Related Links

• Student Accountant hub page

Advertisement

• ACCA Careers
• ACCA Career Navigator
• ACCA Learning Community
• Your Future

Useful links

• Make a payment
• ACCA-X online courses
• ACCA Rulebook
• Work for us

Most popular

• Professional insights
• ACCA Qualification
• Member events and CPD
• Supporting Ukraine
• Past exam papers

Connect with us

Planned system updates.

• Accessibility
• Legal policies
• Data protection & cookies
• Advertising

This site uses cookies to store information on your computer. Some are essential to make our site work; others help us improve the user experience. By using the site, you consent to the placement of these cookies. Read our  privacy policy  to learn more.

Financial Accounting and Reporting Classroom Materials

Financial Accounting and Reporting is an important part of the accounting curriculum. The skills students learn in your classroom will not only prepare them for more advanced courses, but to one day succeed in a career.  The below are supplemental curriculum resources that the AICPA Academics team have reviewed and think can be used in the classroom.

Award-Winning Curricula

The Academics team is proud to offer award-winning curricula designed to encourage faculty and expand the knowledge of accounting students. The curricula below is from the  Accounting Professors Curriculum Resource tool  and has been recognized for excellence with the  Bea Sanders/AICPA Innovation and Teaching Award , the  George Krull/Grant Thornton AAA Innovation in Junior and Senior-Level Teaching Award,  or the  Mark Chain/FSA Innovation in Graduate Teaching Award . 

• A Better Way to Teach Effective Interest Method Related Problems in Accounting   This resource presents a simpler method of teach accounting problems involving the use of the effective interest method. The method stimulates student interest by focusing on the economics of the transaction and relating it to real-life examples.
• Accounting in the Headlines: A News Blog for the Introductory Accounting Classroom   This resource shares Wendy Tietz's "Accounting in the Headlines" blog in which she writes stories about real-life companies and events that can be used in the accounting classroom to illustrate introductory financial and managerial accounting concepts.
• Accounting Challenge (ACE): Mobile-Gaming App for Learning Accounting Accounting Challenge is the first mobile-gaming app for teaching financial accounting. ACE aims to enhance learning of accounting outside the classroom by engaging students to play and learn accounting on the go.  
• A FASB Accounting Standards Codification Project for Introductory Financial Accounting   This exercise is designed as a team project in which introductory accounting students act as a consultants to a client seeking guidance on issues surrounding a start-up venture. Students must access and cite the Codification as the basis for the materials they submit in fulfillment of the project requirements.
• Attracting the Best and Brightest to Accounting: Establishing an Honors Accounting Course   This resource presents one school's approach to attracting and recruiting the best and brightest students toward accounting by offering an honors accounting course.
• Beyond Debits and Credits... Service Learning in Accounting   This resource presents a service learning project implemented in two accounting courses to enhance student skills in communication and teamwork.
• Business From the Idea to the Seasoned Offering: Accounting and Financial Statements Reflecting Business Activities   This project takes accounting education from bookkeeping to holistic active business learning including how financial statements build to reflect the business.
• Chocolate: Accounting as a First year Seminar   This resource provides a thematic approach at combining first year seminars and accounting programs using student activities that are simultaneously engaging and assessable.
• Creative Strategies for Teaching MBA Level Accounting   This resource presents a new concept for teaching accounting to MBA level students. At its heart, accounting centers on measurement of historical transactions or the measurement of future opportunities. this course turns the focus from rules, to the tools leaders need to manage a complex organization.
• Cultivating Deep Learning in the Principles of Accounting Classes through Philanthropy-Based Education   This philanthropy project goes beyond service learning or volunteerism. Students make real decisions that have immediate impacts on their community. Students award funding to not-for-profit agencies based on a competitive proposal process.
• Digital Storytelling for Engaged Student Learning   This resource uses digital story telling, a movie, to enhance students' technical competence in accounting. The story uses 12 episodes to follow three young business graduates who started their own business and discover along the way the role of financial information in managing a business venture.
• FASB Accounting Standards Codification: Student-Authored Research Exercises   This resource is based on the notion that the best way to learn something is to teach it. Students in a financial accounting graduate class demonstrate their master of GAAP research skills by creating research assignments using the FASB Accounting Standards Codification.
• Forming Groups in the Age of YouTube   This resource uses a variation of speed dating as a means for forming groups in an introductory accounting class. By learning more about their classmates prior to self-selecting a group this method allows students to choose better groups.
• Getting Started in the Throughbred Horse Business: A Review of Some Basic Accounting Principles   This resource provides reinforcement of common accrual accounting concepts centered on the breeding and racing operations of a small thoroughbred horse business. This curriculum is appropriate to use after students have been exposed to fixed assets, inventory, profit and loss and cash flow reporting.
• IFRS Immersion   This resource provides instructions for teaching an IFRS course from the standpoint of foreign companies that have already dealt with the problems and issues associated with converting from local GAAP to international GAAP.
• IFRS Projects Using Dual Reporting of IFRS and U.S. GAAP   This resource illustrates integrating IFRS learning into financial accounting curricula by incorporating valuable contrasting information from the dual reporting.
• Integrated Accounting Principles: A New Approach to Traditional Accounting Principles Courses   This resource describes an integrated accounting principles course that combines traditional financial and managerial accounting courses into a single six hour course.
• Introducing Freshmen Students in the Accounting/Finance Course to the Library   This resource describes a series of online, interactive tutorials and quizzes to help students learn fundamental concepts and skills of company and industry related research.
• Introduction to Financial Accounting Case Project: Arctic Blast Ice Cream Store   This case provides an opportunity for students to apply accounting concepts to a simple business venture. The project lasts 4-6 weeks and covers three distinct phases of the management process: business decision making, performance and evaluation.
• Let's Go to the Movies: Using Movies as an Ethics Assignment   This project involves students watching a series of predetermined movies and noting the ethical dilemma. At the end of the semester each student must defend one of the movies as a nominee for "A Must See Ethics Movie" for accounting/business students.
• Mini-responsibility Centers: A Strategy for Learning by Leading   This resource explains the concept of using mini-responsibility centers (MRCs) to decentralize large financial, managerial and cost accounting courses. In return the students are more focused and engaged.
• Modeling Uncertainty in C-V-P Assignments: Going Beyond the Basics!   This resource provides an outline for using the Monte Carlo Simulation to offer graduate students an opportunity to rapidly come to insights about probabilistic model building and interpretation. The simulation combines quantitative skills and qualitative skills along with reports and presentations.
• Northwind Data Query Exercise   This project encourages students to consider the evolution of data sources for financial reporting and evaluate how to acquire and manipulate information in this emerging business reality; by actually practicing queries and exporting information to worksheets.
• Reinventing Student Engagement and Collaboration within Introductory Accounting Courses   This resource provides ideas for increasing engagement and collaboration in the introductory accounting class. Examples include student projects, flipped classroom applications and in-class problems.
• Responsibilities and Choices: An Active Engagement Exercise for Introductory Accounting Courses   This exercise provides students with an opportunity to perform a basic due diligence task, complete a relatively simple working paper to document their work and make a decision. The exercise has embedded moral temptation and ethical issues and examines ethical choices that students make in the presence of time pressure and reward structures that encourage aggressive performance.
• TeachingIFRS.com   This document provides information on TeachingIFRS.com which was created  in response to the rapid growth of IFRS and lack of high quality and effective teaching resources. The site consolidates and provides links to numerous freely available IFRS pedagogical materials.
• Testing Critical Thinking Skills in Accounting Principles   This resource describes a method for testing critical thinking skills in an accounting principles course. Using this method, each testing period is divided into two parts. First, students complete an individual traditional test. The second part is a critical thinking exercise called "the challenge problem".
• The Accounting Profession Post Sarbanes-Oxley: An Approach to Impart Knowledge About the Conceptual Framework and Attract Students to the Accounting Major   This document provides the description of a program entitled "The Accounting Profession Post Sarbanes-Oxley". The program provides students with an opportunity to better understand important elements of the conceptual framework. It also provides an overview of the career opportunities in accounting.
• The Accounting Tournament - March Madness in Financial Accounting   This resource describes implementation of an end of year comprehensive review using brackets as a model. Students are randomly placed in the bracket and compete against each other for extra credit points.
• The Amazing Accounting Race: An Introductory Accounting Semester Project   This project engages students with an exciting internet race around the professional world of accounting. Students obtain clues to complete tasks, encounter detours, road blocks and fast forwards. The assignments utilize students' synthesis skills and computer application skills as they collect facts about accounting careers from the internet and assemble data in an organized format.
• The College to Professional Experience   This resource outlines a program that serves to better prepare students for the "real world" by changing the perception of education from "learning by doing" to "doing and making to learn with technology". The project aims to move beyond traditional models of education to leverage technology to facilitate new methods of delivery and understanding.
• The Farming Game and the Introductory Financial Accounting Course: An Accounting Simulation   The Farming Game enables students to develop many of the skill-based competencies needed by students entering the accounting profession, regardless of career path. The Game provides experiential learning of various accounting principles. It is a learning opportunity that offers students a degree of reality and a larger view of the system.
• Understand FX Risk by Playing Monopoly   This resource uses a short version of Monopoly to understand the FX risk impact on net income.
• Back to the Future: Using Accounting History to Explore Professional Opportunities   In this project students read an article about a period of time in accounting history and present their findings to the class in a video format. Students then tie what they have learned in the presentations to the field of accounting today as well as the future.
• From Pacioli to Picasso: Using Art to Enhance Critical Thinking in Accounting Capstone Courses   This resource outlines using name cards, picture drawings and classic artwork to help students enhance their critical thinking skills. The exercise sets the tone for a course that requires them to think about more than rules and regulations and instead delve into the "why" and "what could be."
• Digging Deep: Using Forensic Analytics as a Context to Teach Microsoft Excel and Access   This resource describes a graduate level case that focuses on the development of technology skills through the lens of forensic analysis.
• Who Moved My Classroom? Community Linked Learning and Assessment   This resource describes three exercises that expand learning beyond the classroom. The first exercise allows students to discover the linkage between classroom studies and what practitioners do in the "real world". The second allows students to apply the COSO model to internal controls. The third requires students to interpret financial statements for a friend.

Additional Materials

Here are additional materials we reviewed and think are useful to incorporate into the classroom.

• IIRC Database of Research on Integrated Reporting The International Integrated Reporting Council (IIRC) launched the <IR> Academic Database, a searchable collection of more than 200 articles, books, chapters, dissertations, and other pieces of scholarly research on the advancement, adoption, and practice of integrated reporting. 
• A destination is only as good as its compass. The new  My 360  is here to help you create a free plan personalized to your financial needs by helping guide you through all the resources 360 Degrees of Financial Literacy has to offer.

We are the American Institute of CPAs, the world’s largest member association representing the accounting profession. Our history of serving the public interest stretches back to 1887. Today, you'll find our 431,000+ members in 130 countries and territories, representing many areas of practice, including business and industry, public practice, government, education and consulting.

About AICPA

• Mission and History
• Annual Reports
• AICPA Media Center
• AICPA Research
• Jobs at AICPA
• Order questions
• Forgot Password
• Store policies

Association of International Certified Professional Accountants. All rights reserved.

• Terms & Conditions

Course Resources

Case studies.

A set of in-class activities is available for some of the modules in this course to support face-to-face and hybrid classes. These are not already built into the assignment tool of your learning management system (Canvas, Blackboard, etc.), but they can be downloaded for use or previewed below:

• Module 1: Case Study: Harley-Davidson, Inc.
• Module 2: Case Study: Harley Davidson
• Module 3: Case Study: Burton Snowboards
• Module 4: Case Study: Janus Motorcycles
• Module 5: Case Study: MOD Pizza
• Module 6: Case Study: Auto Manufacturing
• Module 7: Case Study: Zero-Based Budgeting
• Module 8: Case Study: Ski Santa Fe
• Module 9: Case Study: Highland Park
• Module 10: Case Study: Wells Fargo
• Case Studies. Provided by : Lumen Learning. License : CC BY: Attribution
• Classroom. Authored by : ProSymbols. Provided by : Noun Project. Located at : https://thenounproject.com/term/classroom/520781/ . License : CC BY: Attribution

Privacy Policy

• Case Study Analysis in Cost Accounting: Tips for Students

Mastering Cost Accounting Assignments: A Comprehensive Case Study Analysis Guide

In the realm of accounting education, cost accounting assignments often pose significant challenges for students. The complexity of real-world scenarios, coupled with intricate calculations and decision-making processes, demands a strategic approach to problem-solving. This blog aims to equip students with valuable insights into effective case study analysis in cost accounting assignments. By the end, you'll be armed with the knowledge to confidently solve your cost accounting assignment and navigate through the intricate world of financial management.

Understanding the Basics of Cost Accounting:

To begin our journey, let's establish a solid foundation by revisiting the basics of cost accounting. Cost accounting involves the identification, measurement, analysis, and interpretation of costs associated with a product or service. These costs can be direct or indirect, fixed or variable, and understanding their nuances is crucial for accurate analysis.

The Importance of Case Study Analysis:

Case studies provide a practical application of theoretical concepts. They simulate real-world scenarios, challenging students to apply their knowledge to solve complex problems. Effective case study analysis enhances critical thinking skills, decision-making abilities, and the application of cost accounting principles in a dynamic business environment.

Key Components of Cost Accounting Assignments:

In cost accounting assignments, understanding key components is pivotal. Diving into direct and indirect costs, fixed and variable costs, and calculating COGS forms the bedrock. Mastering budgeting and cost control further fortifies analytical prowess, enabling students to navigate the intricacies of financial management with confidence and precision.

Identifying Costs:

Cost identification is the foundational step in effective cost accounting. Here, we dissect the key elements involved in identifying costs and their significance in the financial landscape.

• Direct Costs:

Direct costs are the lifeblood of cost accounting. These are expenses that can be directly attributed to the production of a specific product or service. Examples include raw materials, labor, and manufacturing overhead. Pinpointing direct costs is essential for accurate cost allocation and profitability analysis.

• Indirect Costs:

Indirect costs, also known as overhead costs, are not directly traceable to a particular product or service. These costs contribute to the overall production process but are shared among multiple products. Examples include utilities, rent, and administrative salaries. Effectively identifying indirect costs ensures a comprehensive understanding of the true cost of production.

• Variable Costs:

Variable costs are dynamic and respond to variations in output. Examples encompass raw materials, direct labor tied to production, and sales commissions. Recognizing variable costs is crucial for conducting break-even analysis and assessing the financial impact of production changes.

• Fixed Costs:

In contrast, fixed costs remain constant irrespective of the production volume. These are expenses that do not vary with changes in output or sales. Identifying fixed costs is fundamental for budgeting and forecasting, providing stability in financial planning.

• Semi-Variable Costs:

Semi-variable costs encompass both fixed and variable elements. These costs have a fixed component that remains constant and a variable component that changes with production levels. Understanding semi-variable costs is essential for devising cost-effective production strategies and optimizing resource allocation.

Significance of Identifying Costs:

Identifying costs serves as the cornerstone of cost accounting. It facilitates precise cost allocation, aids in determining product profitability, and forms the basis for strategic decision-making. By distinguishing between direct and indirect costs, variable and fixed costs, businesses gain invaluable insights into their financial structure, empowering them to streamline operations and enhance overall efficiency.

In conclusion, the ability to identify costs is an indispensable skill in the realm of cost accounting. Whether managing a small business or navigating the complexities of a large corporation, a keen understanding of the various cost components is instrumental in making informed financial decisions and steering the organization towards sustainable growth.

Classifying Costs:

Cost classification is a pivotal aspect of cost accounting, essential for strategic financial planning and decision-making. Let's delve into the nuances of categorizing costs and how this process influences the broader financial landscape.

Fixed costs are the stable expenses that a business incurs regularly, such as rent, insurance, and salaries of permanent staff. Classifying fixed costs is critical for budgeting, providing a predictable foundation for financial planning.

Variable costs vary directly with changes in production or sales levels. Examples include raw materials, direct labor tied to production, and sales commissions. The dynamic nature of variable costs necessitates careful monitoring, making them a crucial component of break-even analysis and overall cost management.

Semi-variable costs incorporate both fixed and variable components. While they have a fixed portion that remains constant, there is also a variable portion that fluctuates with changes in production. Identifying semi-variable costs is crucial for understanding the nuanced nature of certain expenses and devising effective cost control strategies.

• Step Costs:

Step costs are incurred in fixed amounts up to a certain level of production, after which they increase in steps. This classification is common in manufacturing setups where additional resources or production facilities must be added incrementally. Recognizing step costs is vital for scaling operations efficiently and avoiding sudden spikes in expenses.

Direct costs are directly tied to the production of a specific product or service. These costs include direct materials, direct labor, and other expenses that can be traced back to a particular product. Accurate classification of direct costs is fundamental for calculating the cost of goods sold (COGS) and determining individual product profitability.

Significance of Classifying Costs:

Cost classification provides a structured framework for understanding and managing financial resources. It aids in cost control, budgeting, and decision-making processes. By categorizing costs into fixed, variable, semi-variable, step, and direct, businesses gain clarity on cost behavior, enabling them to allocate resources efficiently, set competitive prices, and enhance overall financial performance.

In conclusion, a thorough grasp of cost classification is indispensable for effective cost accounting. Whether steering a startup through its initial stages or managing the financial intricacies of an established enterprise, the ability to classify costs empowers businesses to make informed decisions and navigate the ever-evolving landscape of financial management with confidence.

Calculating Cost of Goods Sold (COGS):

The calculation of Cost of Goods Sold (COGS) is a fundamental aspect of cost accounting, essential for evaluating a company's profitability and financial health. COGS represents the direct costs associated with producing goods or services that a business sells. To compute COGS, summing the direct costs such as raw materials, labor, and manufacturing overhead is crucial. Deducting COGS from the total revenue reveals the gross profit margin, a key metric for assessing operational efficiency and guiding pricing strategies. Accurate COGS calculation is pivotal for financial reporting, strategic decision-making, and maintaining a sustainable bottom line.

Budgeting and Cost Control:

Budgeting and cost control are linchpins in financial management, ensuring the fiscal health of any organization. Budgets serve as roadmaps, outlining financial goals and allocating resources strategically. By forecasting expenses and revenues, businesses can proactively identify potential financial challenges. Cost control, on the other hand, involves monitoring and managing expenses to align with budgetary constraints. This process demands vigilance in tracking actual costs against budgeted figures, allowing for timely adjustments. Together, budgeting and cost control foster financial stability, support informed decision-making, and contribute to the long-term sustainability of businesses in a dynamic economic landscape.

Tips for Effective Case Study Analysis:

Effective case study analysis is a cornerstone of mastering cost accounting assignments. Incorporating key tips elevates analytical skills. From thorough case reading to defining the problem and exploring alternative solutions, these strategies empower students. Applying cost accounting concepts ensures a robust, well-reasoned analysis, ultimately enabling confident problem-solving and success in assignments.

Thoroughly Read the Case:

Thoroughly reading the case is the starting point for successful case study analysis. This foundational step ensures a comprehensive understanding of the business scenario, industry dynamics, and challenges presented. By immersing yourself in the details, you lay the groundwork for effective problem-solving. Identifying key information sets the stage for applying cost accounting principles, enabling you to navigate the intricacies of the assignment with clarity and precision.

Identify Relevant Information:

Identifying relevant information is paramount in case study analysis. Discerning key details from the case's narrative sharpens the focus on critical elements such as costs, financial data, and contextual factors. This precision allows for a targeted and efficient analysis, ensuring that your solutions are rooted in pertinent details. By sifting through the noise, you can streamline your approach and address the assignment's challenges with clarity and purpose.

Define the Problem:

Defining the problem is a critical stride in effective case study analysis. It involves isolating the core issue presented in the case, offering clarity on what needs resolution. This step directs focus, guiding subsequent analysis and solution development. A precise problem definition ensures that your efforts are targeted and aligned with the case's challenges, facilitating a structured approach to problem-solving in cost accounting assignments.

Apply Cost Accounting Concepts:

Applying cost accounting concepts is the backbone of case study analysis. Once armed with an in-depth understanding of the case, it's crucial to leverage cost accounting principles. Identify cost drivers, calculate ratios, and interpret financial data. This application ensures a nuanced analysis, demonstrating your proficiency in translating theoretical knowledge into practical solutions. Precise application of cost accounting concepts forms the bedrock for successful problem-solving in complex assignments.

Consider Alternative Solutions:

Exploring alternative solutions is a critical aspect of astute case study analysis. This step encourages a holistic perspective, allowing you to evaluate various approaches to address the presented problem. Consideration of alternatives enhances your problem-solving skills, fostering a deeper understanding of cost accounting principles in real-world scenarios. By weighing the pros and cons of each solution, you not only enrich your analysis but also develop a well-rounded approach to resolving complex cost accounting challenges.

Make Recommendations:

The culmination of case study analysis lies in making well-founded recommendations. Drawing upon your understanding of cost accounting principles and alternative solutions, this step involves proposing actionable strategies. Crafting recommendations requires a holistic view, considering financial implications and long-term viability. By aligning suggestions with your analysis, you demonstrate the depth of your cost accounting knowledge, concluding the assignment with insightful and valuable insights.

Realizing Success: Solving Your Cost Accounting Assignment

Armed with a deeper understanding of cost accounting and effective case study analysis, you are well on your way to solving your cost accounting assignment with confidence. Remember to integrate the key concepts discussed, such as identifying costs, classifying costs, calculating COGS, and implementing budgeting and cost control measures.

In conclusion, mastering cost accounting assignments requires a combination of theoretical knowledge and practical application. Case study analysis serves as a bridge between classroom learning and real-world challenges, allowing students to develop the skills needed for success in the field of accounting.

By following the tips outlined in this guide, you can navigate the intricacies of cost accounting assignments and emerge victorious in solving complex problems. Now, armed with this knowledge, go ahead and solve your cost accounting assignment with assurance and precision.

Conclusion:

In the dynamic landscape of cost accounting, where theoretical knowledge meets practical application, case study analysis stands as a powerful tool for students. This comprehensive guide has delved into the essentials of cost accounting, the importance of case studies, and provided practical tips for effective analysis. Armed with this knowledge, you are now well-equipped to confidently solve your cost accounting assignment.

As you embark on your journey to master cost accounting, remember that successful problem-solving requires a combination of analytical skills, strategic thinking, and a solid understanding of cost accounting principles. So, go ahead – apply these insights, solve your cost accounting assignment, and embrace the challenges that come your way.

Post a comment...

Case study analysis in cost accounting: tips for students submit your assignment, attached files.

• Browse All Articles
• Newsletter Sign-Up

Accounting →

• 23 Apr 2024
• In Practice

Getting to Net Zero: The Climate Standards and Ecosystem the World Needs Now

What can companies and regulators do as climate predictions grow grimmer? They should measure their impact, strengthen environmental institutions, and look to cities to lead, say Robert Kaplan, Shirley Lu, and Rosabeth Moss Kanter.

• 17 Jan 2024
• Research & Ideas

Are Companies Getting Away with 'Cheap Talk' on Climate Goals?

Many companies set emissions targets with great fanfare—and never meet them, says research by Shirley Lu and colleagues. But what if investors held businesses accountable for achieving their climate plans?

• 23 Jun 2023

This Company Lets Employees Take Charge—Even with Life and Death Decisions

Dutch home health care organization Buurtzorg avoids middle management positions and instead empowers its nurses to care for patients as they see fit. Tatiana Sandino and Ethan Bernstein explore how removing organizational layers and allowing employees to make decisions can boost performance.

• 07 Feb 2023

Supervisor of Sandwiches? More Companies Inflate Titles to Avoid Extra Pay

What does an assistant manager of bingo actually manage? Increasingly, companies are falsely classifying hourly workers as managers to avoid paying an estimated $4 billion a year in overtime, says research by Lauren Cohen.

• 13 Jan 2023

Are Companies Actually Greener—or Are They All Talk?

More companies than ever use ESG reports to showcase their social consciousness. But are these disclosures meaningful or just marketing? Research by Ethan Rouen delves into the murky world of voluntary reporting and offers advice for investors.

• 24 Feb 2022

Want to Prevent the Next Hospital Bed Crisis? Enlist the SEC

After two years of COVID-19, many hospitals still haven't figured out how to manage the overwhelming wave of patients that flood ICUs during each surge. Regina Herzlinger and Richard Boxer offer a novel solution. Open for comment; 0 Comments.

• 28 Feb 2021
• Working Paper Summaries

Connecting Expected Stock Returns to Accounting Valuation Multiples: A Primer

This paper introduces a framework to investors and researchers interested in accounting-based valuation. The framework connects expected stock returns to accounting valuation anchors. It can be generalized to evaluate an enterprise's expected returns, and can be adapted to correct for the use of stale accounting data.

Measuring Employment Impact: Applications and Cases

Employment impact-weighted accounting statements quantify the positive and negative effects of firm practices for employees and the broader labor community. This analysis of companies in different sectors shows how these statements are beneficial both at an aggregate and more specific level.

• 02 Nov 2020

Accounting for Organizational Employment Impact

Impact-weighted accounting methodology standardizes previously disparate measures of impact, in this case the impact of employment. This paper’s methodology and analysis of Intel, Apple, Costco, and Merck shows the feasibility of measuring firm employment impact for insight into firm practices and performance. Closed for comment; 0 Comments.

• 20 Sep 2020

Updating the Balanced Scorecard for Triple Bottom Line Strategies

Society increasingly expects businesses to help solve problems of environmental degradation, inequality, and poverty. This paper explains how the Balanced Scorecard and Strategy Map should be modified to reflect businesses’ expanded role for society.

• 24 Aug 2020

Performance Hacking: The Contagious Business Practice that Corrodes Corporate Culture, Undermines Core Values, and Damages Great Companies

Performance hacking (or p-hacking for short) means overzealous advocacy of positive interpretations to the point of detachment from actuals. In business as in research there are strong incentives to p-hack. If p-hacking behaviours are not checked, a crash becomes inevitable.

• 27 Feb 2020
• Sharpening Your Skills

How Following Best Business Practices Can Improve Health Care

Why do Harvard Business School scholars spend so much time and money analyzing health care delivery? Open for comment; 0 Comments.

• 18 Feb 2020

A Preliminary Framework for Product Impact-Weighted Accounts

Although there is growing interest in environmental, social, and governance measurement, the impact of company operations is emphasized over product use. A framework like this one that captures a product’s reach, accessibility, quality, optionality, environmental use emissions, and end of life recyclability allows for a systematic methodology that can be applied to companies across many industries.

• 16 Oct 2019

Core Earnings? New Data and Evidence

Using a novel dataset of earnings-related disclosures embedded in the 10-Ks, this paper shows how detailed financial statement analysis can produce a measure of core earnings that is more persistent than traditional earnings measures and forecasts future performance. Analysts and market participants are slow to appreciate the importance of transitory earnings.

• 28 May 2019

Investor Lawsuits Against Auditors Are Falling, and That's Bad News for Capital Markets

It's becoming more difficult for investors to sue corporate auditors. The result? A weakening of trust in US capital markets, says Suraj Srinivasan. Open for comment; 0 Comments.

• 22 Jan 2019

Corporate Sustainability: A Strategy?

Between 2012 and 2017, companies within most industries adopted an increasingly similar set of sustainability practices. This study examines the interplay between common and strategic practices. This dynamic distinction helps for understanding whether and how sustainability practices can help companies establish a competitive advantage over time.

• 03 Jan 2019

Financing the Response to Climate Change: The Pricing and Ownership of US Green Bonds

Green bonds are used for environmentally friendly purposes like renewable energy. Complementing previous research, this paper explores the US corporate and municipal green bond and shows that a subset of investors is willing to give up some return to hold green bonds.

• 03 Dec 2018

How Companies Can Increase Market Rewards for Sustainability Efforts

There is a connection between public sentiment about a company and how the market rewards its corporate social performance, according to George Serafeim. Is your company undervalued? Open for comment; 0 Comments.

• 19 Nov 2018

Lazy Prices

The most comprehensive information windows that firms provide to the markets—in the form of their mandated annual and quarterly filings—have changed dramatically over time, becoming significantly longer and more complex. When firms break from their routine phrasing and content, this action contains rich information for future firm stock returns and outcomes.

• 24 Sep 2018

How Cost Accounting is Improving Healthcare in Rural Haiti

The cost of healthcare in rural Haiti was found to vary widely, even inside the same health organization. A pioneering cost accounting system co-developed by Robert Kaplan was called in to determine the cause. Open for comment; 0 Comments.

• Study Guides
• Homework Questions

Assignment 2 Mini Case Study

This site uses cookies, including third-party cookies, to improve your experience and deliver personalized content.

By continuing to use this website, you agree to our use of all cookies. For more information visit IMA's Cookie Policy .

Change username?

Create a new account, forgot password, sign in to myima, ima educational case journal.

The IMA Educational Case Journal (IECJ ® ) is a quarterly online journal that publishes teaching cases and notes.

IECJ publishes cases covering a wide range of topics reflecting the diverse skill set required of management accountants.

Its published cases take learning beyond mere “number-crunching” exercises to require interpretation of data in a decision-making context – making them ideal learning tools for graduate and undergraduate students.

Editorial Staff

The IMA Educational Case Journal (IECJ ® ) editor is Leif Sjöblom and the managing editor is Susie Duong. The associated editors are Laurie Burney, Margaret Shackell, and Thomas Calderon.

Download Their Bios

Meet the Editors – IECJ Office Hours 

Do you have a case idea that you want to discuss and get feedback on? Or perhaps an early case draft? Or general questions about IECJ and the requirements and review process?

Members of the IECJ Editorial Board are happy to assist you during the journal’s “office hours” to help authors improve their papers and make the case writing process a productive and rewarding experience.  These open sessions are available to anyone who would like feedback on a case idea, suggestions on writing a case and teaching notes, or clarification on how to address review comments. If you are considering submitting a paper to the IECJ and would like our guidance, please  click here to access our office hours calendar which offers appointments in multiple time zones.  If the time slots are not convenient, please feel free to reach out for individual appointments with one of our associate or senior editors at [email protected]

Current issue

Past issues, iecj searchable database (excel download), additional ethics questions database (excel download), infusing ethics in managerial/cost accounting classrooms (teaching resource).

› Call for Data Sets : We are looking for “raw” data for use in developing teaching cases. This data can be structured or unstructured, newer or older data, and, if desired, cleaned and disguised so there are no privacy or confidentiality issues. Recipients of IMA Educational Case Journal receive the right to free use of the cases for educational purposes. Supplemental teaching notes are available without charge to IMA Academic members only in myIMA Network in the Teaching Notes Library (you will be prompted to login).

If you are a member of IMA and unable to access IECJ Teaching Notes or have a general question, please email [email protected] .

Submit a Case

IECJ is listed in Cabell’s Directory of Publishing Opportunities for Accounting and welcomes submissions from around the world. Case studies jointly authored by academics and practitioners are encouraged. Real-world cases are strongly preferred, but fictional cases with some basis in practice will be considered.

Case Writing Competitions

How to Submit a Case

More Information

Subscribers may use the cases for educational purposes. Active IMA members automatically have a subscription to IECJ Cases. IMA Academic members and Adjunct Professors have access to IECJ Cases and Teaching Notes.

Submit a Request for Access to Teaching Notes

Questions: Contact the Editor

Insights for You

Copyright Footer Message

Lorem ipsum dolor sit amet

• Asia Pacific
• Global Americas
• Middle East/Africa

• [email protected] +61 390160028
• Login/Register

• Urgent Assignment Help
• Writing Assignment for University
• College Assignment Help
• SPSS Assignment Help
• HND Assignment Help
• Architecture Assignment Help
• Total Assignment Help
• All Assignment Help
• My Assignment Help
• Student Assignment Help
• Instant Assignment Help
• Cheap Assignment Help
• Global Assignment Help
• Write My Assignment
• Do My Assignment
• Solve My Assignment
• Make My Assignment
• Pay for Assignment Help
• Financial Management Assignment Help
• Business Management Assignment Help
• Management Assignment Help
• Project Management Assignment Help
• Supply Chain Management Assignment Help
• Operations Management Assignment Help
• Risk Management Assignment Help
• Strategic Management Assignment Help
• Logistics Management Assignment Help
• Global Business Strategy Assignment Help
• Consumer Behavior Assignment Help
• MBA Assignment Help
• Portfolio Management Assignment Help
• Change Management Assignment Help
• Hospitality Management Assignment Help
• Healthcare Management Assignment Help
• Investment Management Assignment Help
• Market Analysis Assignment Help
• Corporate Strategy Assignment Help
• Conflict Management Assignment Help
• Marketing Management Assignment Help
• Strategic Marketing Assignment Help
• CRM Assignment Help
• Marketing Research Assignment Help
• Human Resource Assignment Help
• Business Assignment Help
• Business Development Assignment Help
• Business Statistics Assignment Help
• Business Ethics Assignment Help
• 4p of Marketing Assignment Help
• Pricing Strategy Assignment Help
• Nursing Assignment Help
• Early Childhood Assignment Help
• Childcare Assignment Help
• Public Health Assignment Help
• Medical Assignment Help
• Do My Nursing Assignment
• Nursing Resume Writing Services
• Finance Assignment Help
• Do My Finance Assignment For Me
• Financial Accounting Assignment Help
• Behavioral Finance Assignment Help
• Finance Planning Assignment Help
• Personal Finance Assignment Help
• Financial Services Assignment Help
• Forex Assignment Help
• Financial Statement Analysis Assignment Help
• Capital Budgeting Assignment Help
• Financial Reporting Assignment Help
• International Finance Assignment Help
• Business Finance Assignment Help
• Corporate Finance Assignment Help
• Accounting Assignment Help
• Managerial Accounting Assignment Help
• Taxation Accounting Assignment Help
• Perdisco Assignment Help
• Solve My Accounting Paper
• Business Accounting Assignment Help
• Cost Accounting Assignment Help
• Taxation Assignment Help
• Activity Based Accounting Assignment Help
• Tax Accounting Assignment Help
• Financial Accounting Theory Assignment Help
• Robotics Assignment Help
• Operating System Assignment Help
• Data mining Assignment Help
• Computer Network Assignment Help
• Database Assignment Help
• IT Management Assignment Help
• Network Topology Assignment Help
• Data Structure Assignment Help
• Business Intelligence Assignment Help
• Data Flow Diagram Assignment Help
• UML Diagram Assignment Help
• R Studio Assignment Help
• Law Assignment Help
• Business Law Assignment Help
• Contract Law Assignment Help
• Tort Law Assignment Help
• Social Media Law Assignment Help
• Criminal Law Assignment Help
• Employment Law Assignment Help
• Taxation Law Assignment Help
• Commercial Law Assignment Help
• Constitutional Law Assignment Help
• Corporate Governance Law Assignment Help
• Environmental Law Assignment Help
• Criminology Assignment Help
• Company Law Assignment Help
• Human Rights Law Assignment Help
• Evidence Law Assignment Help
• Administrative Law Assignment Help
• Enterprise Law Assignment Help
• Migration Law Assignment Help
• Communication Law Assignment Help
• Law and Ethics Assignment Help
• Consumer Law Assignment Help
• Science Assignment Help
• Actuarial Science Assignment Help
• Sports Science Assignment Help
• Physics Assignment Help
• Chemistry Assignment Help
• Chemical Engineering Assignment Help
• Biology Assignment Help
• Bioinformatics Assignment Help
• Biochemistry Assignment Help
• Biotechnology Assignment Help
• Anthropology Assignment Help
• Paleontology Assignment Help
• Engineering Assignment Help
• AutoCAD Assignment Help
• Mechanical Assignment Help
• Fluid Mechanics Assignment Help
• Civil Engineering Assignment Help
• Electrical Engineering Assignment Help
• Humanities Assignment Help
• Sociology Assignment Help
• Philosophy Assignment Help
• English Assignment Help
• Geography Assignment Help
• Agroecology Assignment Help
• Psychology Assignment Help
• Social Science Assignment Help
• Public Relations Assignment Help
• Political Science Assignment Help
• Mass Communication Assignment Help
• History Assignment Help
• Cookery Assignment Help
• Auditing Assignment Help
• Auditing Assignment Writing Service
• Mathematics Assignment Help
• Geometry Assignment Help
• Calculus Assignment Help
• Trigonometry Assignment Help
• Arithmetic Assignment Help
• Economics Assignment Help
• Managerial Economics Assignment Help
• Econometrics Assignment Help
• Microeconomics Assignment Help
• Business Economics Assignment Help
• Marketing Plan Assignment Help
• Demand Supply Assignment Help
• Comparative Analysis Assignment Help
• Health Economics Assignment Help
• Macroeconomics Assignment Help
• Political Economics Assignment Help
• International Economics Assignments Help
• Essay Help --> Essay Help
• Essay Writing Help --> Essay Writing Help
• Essay Help Online --> Essay Help Online
• Online Custom Essay Help --> Online Custom Essay Help
• Descriptive Essay Help --> Descriptive Essay Help
• Help With MBA Essays --> Help With MBA Essays
• Essay Writing Service --> Essay Writing Service
• Essay Writer For Australia --> Essay Writer For Australia
• Essay Outline Help --> Essay Outline Help
• illustration Essay Help --> illustration Essay Help
• Response Essay Writing Help --> Response Essay Writing Help
• Professional Essay Writers --> Professional Essay Writers
• Custom Essay Help --> Custom Essay Help
• English Essay Writing Help --> English Essay Writing Help
• Essay Homework Help --> Essay Homework Help
• Literature Essay Help --> Literature Essay Help
• Scholarship Essay Help --> Scholarship Essay Help
• Research Essay Help --> Research Essay Help
• History Essay Help --> History Essay Help
• MBA Essay Help --> MBA Essay Help
• Plagiarism Free Essays --> Plagiarism Free Essays
• Writing Essay Papers --> Writing Essay Papers
• Write My Essay Help --> Write My Essay Help
• Need Help Writing Essay --> Need Help Writing Essay
• Help Writing Scholarship Essay --> Help Writing Scholarship Essay
• Help Writing a Narrative Essay --> Help Writing a Narrative Essay
• Best Essay Writing Service Canada --> Best Essay Writing Service Canada
• Biology Dissertation Help --> Biology Dissertation Help
• Academic Dissertation Help --> Academic Dissertation Help
• Nursing Dissertation Help --> Nursing Dissertation Help
• Dissertation Help Online --> Dissertation Help Online
• MATLAB Dissertation Help --> MATLAB Dissertation Help
• Doctoral Dissertation Help --> Doctoral Dissertation Help
• Geography Dissertation Help --> Geography Dissertation Help
• Architecture Dissertation Help --> Architecture Dissertation Help
• Statistics Dissertation Help --> Statistics Dissertation Help
• Sociology Dissertation Help --> Sociology Dissertation Help
• English Dissertation Help --> English Dissertation Help
• Law Dissertation Help --> Law Dissertation Help
• Dissertation Proofreading Services --> Dissertation Proofreading Services
• Cheap Dissertation Help --> Cheap Dissertation Help
• Dissertation Writing Help --> Dissertation Writing Help
• Marketing Dissertation Help --> Marketing Dissertation Help
• Web Designing Assignment Help --> Web Designing Assignment Help
• PHP Assignment Help --> PHP Assignment Help
• Python Assignment Help --> Python Assignment Help
• Perl Assignment Help --> Perl Assignment Help
• SAS Assignment Help --> SAS Assignment Help
• C Programming Assignment Help --> C Programming Assignment Help
• Programming Assignment Help --> Programming Assignment Help
• Java Programming Assignment Help --> Java Programming Assignment Help
• Write Case Study For Me --> Write Case Study For Me
• Business Law Case Study Help --> Business Law Case Study Help
• Civil Law Case Study Help --> Civil Law Case Study Help
• Marketing Case Study Help --> Marketing Case Study Help
• Nursing Case Study Help --> Nursing Case Study Help
• Case Study Writing Services --> Case Study Writing Services
• History Case Study help --> History Case Study help
• Amazon Case Study Help --> Amazon Case Study Help
• Apple Case Study Help --> Apple Case Study Help
• Case Study Assignment Help --> Case Study Assignment Help
• ZARA Case Study Assignment Help --> ZARA Case Study Assignment Help
• IKEA Case Study Assignment Help --> IKEA Case Study Assignment Help
• Zappos Case Study Assignment Help --> Zappos Case Study Assignment Help
• Tesla Case Study Assignment Help --> Tesla Case Study Assignment Help
• Flipkart Case Study Assignment Help --> Flipkart Case Study Assignment Help
• Contract Law Case Study Assignments Help --> Contract Law Case Study Assignments Help
• Business Ethics Case Study Assignment Help --> Business Ethics Case Study Assignment Help
• Nike SWOT Analysis Case Study Assignment Help --> Nike SWOT Analysis Case Study Assignment Help
• Marketing Coursework Help --> Marketing Coursework Help
• Maths Coursework Help --> Maths Coursework Help
• Chemistry Coursework Help --> Chemistry Coursework Help
• English Coursework Help --> English Coursework Help
• Coursework Writing Services --> Coursework Writing Services
• Finance Coursework Help --> Finance Coursework Help
• Coursework Assignment Help --> Coursework Assignment Help
• Custom Coursework Writing Service --> Custom Coursework Writing Service
• Do My Coursework --> Do My Coursework
• Thesis Help Online --> Thesis Help Online
• Thesis Writing Help --> Thesis Writing Help
• Write My Thesis For Me --> Write My Thesis For Me
• CDR writing services --> CDR writing services
• CDR Engineers Australia --> CDR Engineers Australia
• Write My Paper For Me --> Write My Paper For Me
• Research Proposal Help --> Research Proposal Help
• Research Paper Writing Service --> Research Paper Writing Service
• Buy Term Papers Online --> Buy Term Papers Online
• Buy College Papers --> Buy College Papers
• Research Paper Help --> Research Paper Help
• Edit My Paper --> Edit My Paper
• Paper Writing Services --> Paper Writing Services
• APA Referencing Guidelines --> APA Referencing Guidelines
• Harvard Referencing Guidelines --> Harvard Referencing Guidelines
• Vancouver Referencing Guidelines --> Vancouver Referencing Guidelines
• MLA Referencing Guidelines --> MLA Referencing Guidelines
• Asia Pacific International College Assignment Help
• Macquarie University Assignment Help
• Rhodes College Assignment Help
• APIC University Assignment Help
• Torrens University Assignment Help
• Kaplan University Assignment Help
• Holmes University Assignment Help
• Griffith University Assignment Help
• VIT University Assignment Help
• CQ University Assignment Help
• Computer Science and IT
• Architecture
• Engineering
• Mathematics
• Project Management
• Testimonial

Sample Case study accounting

Accounting case study assignment sample stuck with your accounting case study assignments get free assistance from our ph.d. experts, acct6005 company accounting assessment 3 case study.

Part A: This case study assignment help is designed to assess your understanding and application of knowledge using a practical case study to analyse and prepare relevant worksheet entries and financial statements for a Group.

Submission Instructions: Part A: • Submit Part A of the assessment document in a Word format and excel (see assessment question) including a coversheet. JPEG files or similar cannot be opened and will not be marked. • Submit via the Assessment link in the main navigation menu in ACCT6005 Company Accounting.

ACCT6005 Company accounting Assessment 3 Case study Part A

Assignment instructions: This assignment is to be completed using Microsoft word for the evaluation report (part a) and Excel for the entries, worksheet and Group financial statements (part b, c, d). Please use a separate sheet in excel for each separate part b, c and d.

Please ensure that your file name contains your student ID and your full name . Please ensure that you use the ‘Ref’ column in the worksheet to identify each separate consolidation entry. 

Case study:

PART A (100 Marks)

Grape Ltd acquired all the issued shares of Duck Ltd for $940 000 cash on 1 July 2020.

The following information is available at this acquisition date:

The equity of Duck Ltd is provided below:  

All the identifiable assets and liabilities of Duck Ltd were recorded at fair value in the statement of financial position. The company income tax rate is 30%.

The following transactions and events occurred during the year ended 30 June 2021:

1. During the year Grape Ltd sold inventory to Duck Ltd for $55,000 at cost plus 20%. Duck Ltd has sold 10% of these items externally as at 30 June 2021.

2. On 1 April 2021, Duck Ltd sold an item of inventory to Grape Ltd for $28,000. This inventory had cost Duck Ltd $20,000. Grape Ltd treated the item as plant and will depreciate it at 20% p.a.

3. Grape Ltd sold land to Duck Ltd for $25,000 which had originally cost $32,000.

4. Dividends: Duck Ltd paid $18 000 interim dividends in September 2020, and Grape Ltd declared $26 000 dividends in May 2021 (to be paid in October 2021).

5. On 1 July 2020, Grape Ltd provided an office for Duck Ltd’s administrative staff to use. Grape Ltd charges $700 per month. The last rental receipt received by Grape Ltd was on 30 April 2021.

Part (a) (36 marks)

Analyse the completed worksheet attached for the Grape group. Using the information provided in the worksheet, prepare an evaluation report in word, detailing each omission and error. For each error:

1. List the accounts and amounts, which are incorrect for each consolidation adjustment.

2. Explain WHY the entry is incorrect. Include formulas where possible in your explanation.

Part (b) Prepare the consolidation entries as at 30 June 2021 in excel using the template below. Include narrations for each entry: (28 marks)

Part (c): worksheet (24 marks).

Using excel, prepare the consolidation worksheet as at 30 June 2021, showing all entries including the corrected entries discussed in Part (a). Each entry needs to be entered as a separate amount and not entered as subtotals in the worksheet. Round your answers to zero decimal places. The worksheet template is provided below.

Part (d): Group financial statements (12 marks)

Using excel, prepare the Statement of Financial position for Grape Ltd as at 30 June 2021.

An acquisition can be defined as the difference between the price paid by the acquirer for purchasing another company and the original cost of the assets of the target company (Janice 2013). Following entries or transaction is incorrect

Reference 1:

Adjustment in Share capital, general reserve, retained earning & BCVR is incorrect and not required.

Reference 2:

Sales revenue- The amount of $25,000 debited in the sales account and $ 22,000 credited in the cost of sales account is incorrect- because for unsold stock with Duck Ltd, to eliminate the unrealised profit of Grape Ltd. the sales should have been debited with $8250 and Inventories should have been credited with $8250

Reference 3:

Adjustment entry done in Proceeds from sales of equipment and carrying amount of sold equipment, the related depreciation & entry done in equipment ledger in asset side is incorrect. Since Duck has treated Inventory and sold to Grape for $28,000 which cost Duck ltd $20,000 Therefore, the sales account of Duck should have been debited to a tune of $8000 and Depreciation account needs to be credited by $8000*20%= $1600 (which is excess on account of group sales) and the carrying amount of the equipment plant) needs to be reduced by net $6400 to eliminate the effect of the sales.

Reference 4:

All the adjustment relating to reference 4 needs to be removed since the dividend entry has already been correctly recorded no further adjustment required. Since Duke ltd (subsidiary of Grape Limited) pays interim dividend so its post-acquisition profit so it should be recorded in the profit and loss of Grape Limited and the same has been correctly recorded (AASB 2021)

Reference 5:

The adjustment for service expenses of $90,000 is incorrect as we need to just eliminate the outstanding and payable rent expenses which are for 2 months @$700 per month. Thus the correct adjustment should be debiting other payables account and crediting other receivables account to the tune of $1400

Reference 6:

Sales of land by Grape Ltd to Duck Ltd. for $25,000 cost $32,000. Thus, the unrealised loss of $7000 needs to be eliminated.

Herein the application of AASB 10 is observed because it develops the principles for preparation, as well as presentation of the consolidated financial statement when the entity has a control over one or more than one entities (AASB 2021)

 Consolidated Financial Statement of Duck Ltd

AASB. (2021) AASB Standard. Retrieved from https://www.aasb.gov.au/admin/file/content105/c9/AASB10_08-11.pdf

Janice, L. (2013). Understanding Australian Accounting Standards. Milton, Qld.: John Wiley and Sons. Retrieved from https://lesa.on.worldcat.org/oclc/807180288

Potter, B., Howieson, B., & Chapple, E. (2019). Accounting standards setting. Emerald Publishing Limited. Retrieved from https://lesa.on.worldcat.org/oclc/1113886538

ACCT6004 Management Accounting Assessment 2 Sample

Assignment brief.

Length - (1,800 words +/- 10%)

Learning Outcomes

a) Identify and analyses ethical and organizational issues confronting contemporary management accountants.

b) Categories and identify the nature of various types of costs, cost objects and cost behaviours and use cost estimation techniques to develop cost functions.

c) Apply cost accounting techniques to calculate the cost of a range of cost objects, as well as analyse costs.

d) Apply cost information to planning, control and decision-making.

e) Critically evaluate the relevance of both quantitative and qualitative costing information to management decision making.

Submission - by 11:55pm AEST/AEDT Sunday of Module 5.1 (week 9) Weighting - 30% Total Marks -100 marks 

The purpose of this assessment is to establish the skills needed in the workplace for costing products and services using the appropriate processes and tools and applying analytical processes to construct accounting systems and models using workplace tools. Each question uses realistic data and the professional practices similar to that found in workplaces.

Submission Instruction

Due Date/Time: 11:55pm Sydney time (AEST/AEDT) on Sunday 18th April 2021 Please aim to complete this assignment a few days prior to the due date to allow for any unforeseen circumstances such as illness, holidays, family issues, work commitments etc. You may submit the assignment early if you have other commitments around the due date.

All times listed are local (Sydney) times. For assignment help Please ensure you factor in any time difference between Sydney and your location when submitting your assignment, to avoid incurring any late submission penalties.

Please note the following important instructions relating to the assignment format and Submission:

• Note that this is an individual piece of assessment. You will need to work individually to prepare a response to ALL of the questions listed in the assessment.

• You must submit your assessment in one Excel file. Any submissions in any other file formats will not be accepted.

• Each question (including all sub-questions) should be presented in a single worksheet. As there are 5 questions in this assessment, your Excel file should contain 5 worksheets in total.

• You cannot scan handwritten responses and submit. All answers must be typed in Excel.

• Your assessment needs to be submitted though the submission links available on the Blackboard. Assignments submitted via e-mail (or any other method) will NOT be accepted.

• Make sure that you upload the correct file. If you discover (after the due date) that you have uploaded a draft version or the wrong file completely, you will not be allowed to submit a second file.

- The typo in Question 2-part C has been rectified in this version.

Question 1: Support Department cost allocation

Diamond Trust Bank has two support departments: The Human Resources Department and the Computing Department. The bank also has two operation departments that service customers directly: The Deposits Department and the Loan Department. The usage of the two support departments' output is provided below:

The costs in the support departments and operation departments for the is presented below:

a) Report the total costs of operation departments (the Deposits Department and the Loan Department) after the support departments' (the Human Resources Department and the Computing Departments) costs have been allocated using each of the following methods:

i) Direct Method ii) Step Down Method (The bank allocates the costs of the Human Resources Department first.) iii) Reciprocal Method

b) Diamond Trust Bank evaluates the performance of the operation department managers on the basis of how well they manage their total costs, including allocated costs. As the manager of the Loan Department, which allocation method would you prefer? Why?

Question 2: Job Costing

ACT Manufacturing Ltd. is highly automated company that uses computers to control manufacturing operations. The company uses a job-order costing system and applies manufacturing overhead cost to products on the basis of computer-hours. The following estimates were used in preparing the predetermined overhead rate at the beginning of the year:  

The company’s cost records revealed the following actual cost and operating data for the year:

a) What is ACT Manufacturing Ltd.’s predetermined overhead rate for the year?

b) Calculate the company’s under applied or over applied overhead for the year.

c) Assume that overapplied or underapplied overhead allocated on a pro rata basis to the ending balances in work in process, finished goods and cost of sales. The ending balance of these accounts are reported below. Prepare journal entries to show the allocation.  

d) How much higher or lower will net operating income be for the year if the underapplied or overapplied overhead is allocated on a pro rata basis rather than closed directly to Cost of Goods Sold? Explain the reason for this difference.

Question 3: Process Costing System

Techsafe Company manufactures car seats. Each car seat passes through the assembly department and testing department. When the assembly department finishes work on each car seat, it is immediately transferred to testing department. The process-costing system at Techsafe Company has a single direct-cost category (direct materials) and a single indirect-cost category (conversion costs). Direct materials are added at the beginning of the process. Conversion costs are added evenly during the process.

The table below shows the relevant data for the assembly department for July 2020.  

Note: (*) Degree of completion: 100% for direct materials and 60% for conversion cost (**) Degree of completion: 100% for direct materials and 70% for conversion cost

a) Determine the cost per equivalent unit for the Techsafe Company’s direct materials and conversion costs, and the total unit cost for the current period, under the FIFO method. Show all workings.

Determine the cost per equivalent unit for the Techsafe Company’s direct materials and conversion costs, and the total unit cost for the current period, under the Weighted Average method. Show all workings

Question 4: Cost Volume and Profit (CVP) analysis

Veritas Software is a leading Australian based accounting software manufacturer. It develops software packages for accounting firms located in Australia and overseas. Veritas is planning to release an upgraded version of their software soon. The company divides its clients into two groups: Local firms (those firms that operate in Australia) and Global firms (those firms that operate in overseas). Although the same physical product is provided to each client group, significant differences exist in selling prices and variable marketing costs: 

The fixed costs of Veritas Software are $16,500,000. The planned sales mix for the upgraded software in units is 60% Local firms and 40% Global firms.

a) What is the break-even point in units for Veritas Software’s upgraded software if the planned sales mix is attained? b) If the planned sales mix is attained, what will be the operating income when 180,000 units are sold? c) If Veritas Software wants to generate operating income of 5,500,000, how many units do they need to sell to Local and Global firms each? Assume that the planned sales mix is attained.

Question 5 Activity Based Costing

MaxPak is a designer of high-quality backpacks and purses. Each design is made in small batches. Each summer, MaxPak comes out with new designs for the backpack and for the purse. The company uses these designs for a year, and then moves on to the next trend. The bags are all made on the same fabrication equipment that is expected to operate at capacity. The equipment must be switched over to a new design and set up to prepare for the production of each new batch of products. When completed, each batch of products is immediately shipped to a wholesaler. Shipping costs vary with the number of shipments. Budgeted information for the year is as follows:   

 Other Budget information follows:

a) Identify the cost hierarchy level for each cost category. b) Identify the most appropriate cost driver for each cost category. Explain briefly your choice of cost driver. c) Calculate the budgeted cost per unit of cost driver for each cost category. d) Calculate the budgeted total costs and cost per unit for each product line. e) Explain how you could use the information in requirement 4 to reduce costs.

ii) Step down method In step down method the cost of Human resource department shall be allocated first to Cost of Human resource department is $ 72000

After allocation of Human resource then the second will be computing department Cost of Computing department= 120000+14400 = $ 1,34,400.00

In Reciprocal method the cost of computing allocated to Human resource shall be distribute again So, in this case $26880 allocated to Human resource from computing will be distributed again till it reduces to zero.

As a Manager we would always choose that method which provides most accurate measure of cost. Thus by evaluating all the three methods above it can be seen that Reciprocal method gives the most accurate evaluation of cost and thus will provide the most accurate performance evaluation  

The company profit has got reduced due to over applied overhead. The cost of goods sold will increase and thus the profit margin will get reduce, thus the company should ignore over application of overhead cost  

Use of ABC activity based costing gives the true view of cost allocation on the basis of cost driver and thus it eliminated traditional approach of cost allocation  

STAT6003 Statistics for Financial Decisions Assignment Sample

Selecting your Random Sample and Creating your Sample Data File ( 8 Marks)

In order to select the sample data that will form the basis of your assignment you will need to make use of the random number table provided with this assignment help. The provided table of random numbers is, as the title suggests, a sequence of randomly generated numerical digits (0 to 9). These digits are arranged in a table with one hundred rows numbered 01 to 00 and twenty columns spread over two pages. The entries in each column of each row consist of five single digits.

The property data from which you will select your sample data consists of 400 IDs each with an identifying property number (PN) ranging from 1 (or 001) to 400.

Your first task is to select 50 three digit random (property) numbers ranging from 001 to 400 from the provided table of random numbers. We will ask you to select 50 numbers, to begin with, just to cover the distinct possibility that you may select the same three digit number more than once. The type of simple random sampling that we will be engaged in here is termed “without replacement” because we specifically do not want to allow a property identification number to be selected more than once.

In order to select your 50 random property identification numbers you will need to first go to a starting position row and column in the random number table. Defined by the last three digits of your Torrens University student identification number. The last two digits of your Torrens ID number identifies the row and the third last digit identifies the column of your (relatively) “unique” starting position. For the demonstration last three digits of 312, reading across row 12 from left to right starting at column 3 as instructed, you would encounter the following three digit numbers; 293 313 381 349 656 985 295

You need to record these first three acceptable ID numbers, 293, 313, 381 and 349 into the first column of an Excel spread-sheet and then continue this process until fifty valid three-digit personal identification numbers selected.

1. Provide the complete summary statistics for Market Price ($000) and Age of house (years). (5 Marks)

2. Describe the shape of the distributions for Market Price ($000) and Age of house (years). (5 Marks)

3. Test whether the population’s average Market Price ($000) is different from 777. (5 Marks)

4. Construct a 95% confidence interval for the Market Price ($000), also Interpret the confidence interval. (4 Marks)

5. Provide an introduction section on the rationale of your model , sample size, and the dependent and independent variables (including their unit of measurement) in this model. (4 Marks)

6. Plotthe dependent variable against each independent variable using scatter plot/dotfunction in Excel. Examine these scatter plots and correctly assess the strength and the nature of the relationship between the dependent and the independent variables? (6 Marks)

7. Present the multiple regression model with complete regression summary output in your assignment. (6 Marks)

8. Provide the simple linear regression data analysis for the market price as the response variable and the Land size in Square meters as the explanatory variable. Write down the least square regression equation and correctly interpret the equation. (6 Marks)

9. Write a clear interpretation of the slope of the regression line from question 8. You must refer to the variables of interest. (4 Marks)

10. What is the value of the coefficient of determination for the relationship between the dependent and independent variable from question 8. Interpret this value accurately and ina meaningful way. (4 Marks)

11. State the 95% confidence interval for the slope coefficient and interpret this interval from question 8. (5 Marks)

12. Compare the multiple regression model (question 7) and simple linear regression model (question 8) and evaluate the goodness of fit between these two modelling techniques.(8 Marks)

13. Predict the market price of a house (in $) with a building area of 300 square meters. Explain why your answer is valid.(4 Marks)

14. By performing an appropriate hypothesis test what decision and conclusion would you draw about the hypothesis that the Land size in Square meters useful in predicting the market price of a house (in $)? Use the data provided to justify your answer, as appropriate.When answering this research question. (8 Marks)

15. For statistical analysis involving hypothesis testing in this assignment, you are required to: • Formulate the null and alternative hypotheses for full model. • State your statistical decision using significant value (α) of 5% for this test. • State your conclusion in this context.

Summary statistics is used to summarise data and get information from it. The summary statistics table comprises the values of central tendency which are obtained in the form of mean, median and mode along with measures of dispersion is obtained in the form of standard deviation and sample variance. In addition to this, distribution of data can be understood by calculating skewness, kurtosis and range (Cooksey 2020). Hence, from this table one can understand where the mean lies and how data is distributed around the mean value. The summary statistics of market price ($000) is shown in table 1. Similarly, the summary statistics of age of house that is measured in years is shown in table 2.

Table 1: Summary Statistics of Market Price ($000):

From the table, it is observed that average market price is $772.19 (‘000). Moreover, the standard deviation is 70.61 which implies that market prices of houses do not deviate largely from the mean value. The minimum market price of house in the collected sample file is $599.39 (‘000). Moreover, the maximum market price of house in the collected sample file is $ 892.71(‘000).

Table 2: Summary Statistics of Age of house (years)

From the table, it is observed that average age of house is 18.63 years. Moreover, the standard deviation is 12.03 which implies that age of houses deviates largely from the mean value. The minimum age of house in the collected sample file is 0.5 year. Moreover, the maximum age of house in the collected sample file is 53.12 years.

In statistics, skewness measures how a data set is distributed. A data set can be either symmetric or symmetric in nature. The main reason of measuring skewness is that it informs whether ata has larger extreme values or lower extreme values. As per the “Rule of Thumbs”, the skewness varies between -0.5 to 0.5 is known as symmetrical (Orcan 2020). The skewness of Market Price ($000) is -0.46 which lies within the boundary. Hence, it indicates that the distributions for this variable is almost symmetric. The shape of the distribution is also called a bimodal distribution.

On the other side, the skewness of Age of house (years) is 0.67 which lies between 0.5 and 1. Hence, it indicates that the distribution of data is moderately skewed towards the right direction. In other words, the distribution is positively skewed where mean value is higher than median. The distributions of Market Price ($000) data as well as the same for Age of house (years) are demonstrated below by histograms.  

Figure 1: Distribution of Market Price ($000)

Figure 2: Distribution of Age of house (years)

To understand if the average Market Price ($’000) of target population differs from 777 or not, one sample t-test (two-tailed) is conducted. Here, n is 50. However, population standard deviation is unknown. Hence, z-test cannot be applied.

Here, average Market Price ($ ‘000) is µ

Therefore, the null hypothesis is:

H0: the average Market Price ($’000) of the population is equal to 777 µ = 777 The alternative hypothesis is: H1: the average Market Price ($’000) of target population is different from 777 µ ≠ 777 The outcome obtained from MS Excel is:

Table 3: One sample t-test (two-tailed test)

Here, the t statistics is 77.32 which is higher than t Critical two-tail value, which is 2. Hence, here, the null hypothesis is rejected. Moreover, the P-value in two-tail test is 0.00 which is less than 0.05 at 5% significance level (Xu et al. 2017). Hence, again the null-hypothesis is rejected. Thus, it implies that average Market Price ($’000) of the target population is not equal to 777.

As per the outcome obtained from Excel, the value of Confidence Level at 95% is 20.07 Thus, the lower interval is (mean – confidence level) = 752.12 the upper interval is (mean + confidence level) = 792.26 Here, confidence interval represents actual upper and lower values. It implies that the 95% of the time, the researcher can expect that the real mean will fall between 752.12 and 792.26.

The model of regression analysis is selected to forecast the dependent variable by independent variable(s). The regression model is categorised depending on the number of independent variables. Hence, to determine dependent variable with one independent variable, linear regression model is applied. Moreover, to determine dependent variable with more than one independent variable, multiple regression model is applied (Montgomery, Peck and Vining 2021). The sample size in this study is 50, which are selected by applying simple random sampling technique without replacement. The four variables are market price ($000), Sydney price Index, total number of square meters and age of house (years). In regression model, market price ($000) is considered as dependent variable while others are considered as independent variables. The scatter plots are also made to measure the strength of association between independent and dependent variable.

A scatter plot is a form of statistical diagram that shows values for two variables and measure a relationship between them. Hence, this plot is used to show the relationship visually to understand the strength type of the relationship between these two variables. In general, this plot is of 3 types, which are positive, negative and no correlation (Akoglu 2018). The relationship of the dependent variable with each independent variable is shown by scatter plots.

Figure 3: Scatter Plot Diagram between Sydney Price Index and Market Price ($000)

Figure 3 represents a scatter plot diagram to show relationship between independent variable Sydney Price Index and dependent variable Market Price ($000). From the figure, it is seen that these two variables do not have any relationship with each other. In other words, the diagram indicates that Sydney Price Index does not relate with Market Price ($000). Hence, variation in Sydney Price Index cannot tend the Market price to variation in same or opposite direction specifically.  

Figure 4: Scatter Plot Diagram between Total number of square meters and Market Price ($000)

Figure 4 represents a scatter plot diagram to show relationship between independent variable Total number of square meters and dependent variable Market Price ($000). From the figure, it is seen that these two variables have strong and positive correlation. In other words, the diagram indicates that there if Sydney Price Index increases, Market Price ($000) price also increases and vice versa.

Figure 5: Scatter Plot Diagram between Age of house (years) and Market Price ($000)

Figure 5 represents a scatter plot diagram to show relationship between independent variable Age of house (years) and dependent variable Market Price ($000). From the figure, it is seen that these two variables do not have any relationship with each other. In other words, the diagram indicates that there is no relationship between Age of house (years) and Market Price ($000). Hence, age of house cannot tend the Market price to change in same or opposite direction specifically.

The following table represents summary outcome of multiple regression model:

From table 4, the following equation of multiple regression is obtained: Market Price ($000) = 406.38 + 0.02 Sydney Price Index + 1.75 Total number of square meters + 0.1 Age of house (years)

In this equation, 406.38 is the intercept of regression equation. Moreover, 0.02, 1.75 and 0.1 are beta coefficients. Beta coefficient of an independent variable implies the magnitude of change in the dependent variable when this independent variable changes by 1 unit.

If Sydney price index increases by 1%, the market price of houses will increase by $ 0.02 (‘000). If total number of land size increases by 1,75 square meters, then market price of house will increase by $1.75 (‘000). If age of houses increases by 1year, then market price of that house will increase by $0.1 (‘000). Hence, from the equation, it is seen that each independent variable has positive influence on the market price of house.

Table 5: Calculation of Simple Linear Regression

The obtained Simple linear regression equation is: Market Price ($000) = 410.42 + 1.75 total number of square meters According to the above equation, market price of a house can be high even if land size in square meters of the house is unavailable.

From the multiple regression equation of question 8, the slopes are described below. The slope of the regression line is the beta coefficient of total number of square meters. It implies that if land size increases by 1 square meters, the market price will increase by $1.75 (‘000).

The value of R-square is 0.99 which means independent variable can define 99% of variation of the dependent variable.

At 95% confidence interval, the slope coefficients are: lower limit: 1.712 and upper limit: 1.789. For intercept, the lower limit is 402.392 and upper limit is 418.456.

The value of R-square in question 7 is 0.99 while that in question 8 is 0.9 as well. Hence, it is observed that the value of R-square in both models are almost equal to 1. Moreover, the value of the coefficient of determination or adjusted R-square for the association between dependent and autonomous variables is 0.99 as per table 4. It implies that independent variables can predict almost 99% of variation of the dependent variable. Hence, it indicates a strong and positive correlation between dependent and independent variables. Hence, models fit the data perfectly.

From simple linear regression equation, obtained in question 8, the market price of house (in $) can be obtained when a building is given as 300 square meters.

Market Price ($) = 410.42 + 1.75 * 300 Market Price ($) = 410.42 + 525 Market Price ($) = 935.42

Here, the answer is valid as the obtained relationship is statistically significant as significance F value of the equation is 0.00 at 5% significant level and hence it is less than 0.05.

The null hypothesis states no association between market price and land size which is measured in terms of square meters:

H0: b1 ≠ 0

The alternative hypothesis states an association between market price and land size which is measured in terms of square meters:

The hypothesis is tested at 95% significant level when α = 0.05

At 5% significant level, p-value is 0.00, which is lower than 0.05. Hence it implies that the alternative hypothesis is true and the equation is statistically significant. In other words, it can be said that there is a positive linear relationship between market price ($000) and land size in square meters.

The full model is the multiple regression model.

In this model, the null hypothesis is:

H0: Each independent variable is statistically insignificant

The alternative hypothesis is:

H1: At least one of the autonomous variables is statistically significant

In table 4, the p-value for Sydney price index and age of house (years) are 0.48 and 0.14 which are greater than 0.05 at 95% confidence interval. This means the null hypothesis is true which means these two autonomous variables are not important in explaining market price of the houses in thousand dollars.

On the other side, the p-value for total number of square meters and age if house (years) is 0.00 which is less than 0.05 at 95% confidence interval. This means the null hypothesis is rejected as the independent variable is significant in measuring and predicting market price of the houses in thousand dollars.

Moreover, the significance F is 0.00 which is less than 0.05 at 5% significant level. It accepts the alternative hypothesis that at least one of the autonomous variables is significant.

In conclusion, it can be said that market price of houses can be determined properly by land size of houses in square meters. On the contrary, Sydney price index and age of house (years) cannot measure market price of houses correctly. Thus, to determine market price of house, it is better to consider land size of it in terms of square meters. The significant relationship between autonomous variable and dependent variable is understood by the linear regression model. The P-value is used to determine whether the relationship is significant or not.  

References:

Akoglu, H., 2018. User's guide to correlation coefficients. Turkish journal of emergency medicine, 18(3), pp.91-93.

Cooksey, R.W., 2020. Descriptive Statistics for Summarising Data. In Illustrating Statistical Procedures: Finding Meaning in Quantitative Data (pp. 61-139). Springer, Singapore.

Montgomery, D.C., Peck, E.A. and Vining, G.G., 2021. Introduction to linear regression analysis. John Wiley & Sons.

Orcan, F., 2020. Parametric or non-parametric: Skewness to test normality for mean comparison. International Journal of Assessment Tools in Education, 7(2), pp.255-265.

Xu, M., Fralick, D., Zheng, J.Z., Wang, B., Tu, X.M. and Feng, C., 2017. The differences and similarities between two-sample t-test and paired t-test. Shanghai archives of psychiatry, 29(3), p.184.  

ACCT6005 Company Accounting Case Study Sample

- Assessment coverage: Module 1 Fair Value adjustment and Module 2 Intra group transactions.

- Part A: This assignment is designed to assess your understanding and application of knowledge using a practical case study to analyse and prepare relevant worksheet entries and financial statements for a Group.

- Part B: You will be required to prepare a short video (8 minutes +/-10%) addressing specific questions in this assignment. You will recommend and communicate strategic recommendations regarding various types of consolidation adjustment entries. This is designed to access your understanding of the concepts covered in Module 1 and Module 2 and assess your communication skills to your audience.

Please ensure that your presentation includes reference to relevant Australian Accounting Standards (AASB).

Question 1:

The accounting for the acquisition is made as per the AASB three-paragraph 5, which hopes in the process of calculating the process of purchase which includes the identification of the one who will acquire. Determination of the date of acquisition along with the measurement of the identifiable as it's acquired in the acquisition process and the debts and any non-controlling interest in the acquiree. Furthermore, recognition and measurement of the goodwill or profit from bargain purchase needs to be done. For Assignment Help Therefore for the equation analysis, we need four different aspects to be covered. Is that the purchase consideration is being paid to the Acquiree, recognizing the identifiable assets and liabilities purchased and calculation of goodwill. In the calculation of purchase consideration, all the payments made with her in the way of cash or equity or both should be included. Whereas for the measurement of the value of net identifiable assets, the assets fair value and its book value should be considered. However, if there is a difference between the book value and the fair value of any asset and the purchasing companies recording the assets at its fair value difference of the fair value and book value includes a tax treatment, which should be adjusted either as DTA or DTL. Further, the gain or loss arising in adjustment after the tax effect will be adjusted with BCVR. If the purchase consideration is higher than the net value of the asset acquired, then the goodwill will be recognized for the difference amount; on the contrary, again on bargain purchase will be recorded.

Question 2:

In the given case scenario, the inventory’s book value is $30,000, whereas its fair value is $40,000; this signifies that the inventory’s fair value and the book value are not the same; therefore, it should be adjusted. In this case, the fair value of the inventory is higher than the book fellow; therefore, again on acquisition should be recognized (Ayres, Huang & Myring, 2017). the gain on acquiring the inventory amounts to $10000 ($40000 -$30000). However, the entire amount will not be recognized again due to the tax rate of 30%. Here the tax liability for the fair value accounting will be $3000, and the BCVR adjustment will be $7000.

Question 3:

In the given case, as Joel is acquiring 100 persons takes in Billy. Therefore any liability relating to the dividend payable is required to be eliminated due to double accounting. Does in the calculation of purchase Thus in the calculation of Purchase Consideration dividend payable by Billy is ignored.

Question 4:

In the consolidation process, as there is 100% acquisition and no non-controlling interest, therefore the entire income, expenditure, assets, and liabilities of the parent company and the subsidiary company will be adjusted. Therefore in the consolidation process, all the income of Billy is acquired to be added with the income of Joel. However, there are some intergroup transactions such as the sale of plant and machinery inventory in between the party we just having a profit or loss aspect. Therefore it should be eliminated for double accounting. For the elimination of the value of inventory or any asset sold by the parent to subsidiary or subsidiary to parent, only the profit part should be eliminated. However, if the Product is sold to external parties, then the profit should not be illuminated (Leo et al., 2018).

Question 5:

In the case of consolidation entries, the difference between the book value and the fair value after exiting the taxes is transferred to the DC fear so that the loss or gain on the fair value acquisition is determinable. In the end, any adjustment relating to the acquisition process is adjusted with this account, at the closing of the acquisition process, the BCVR transfer or to the financial statement or reserves. The making of BCVR adjustment it's to make a detailed statement about the profit and loss arising in the consolidation process.

Question 6:

The given scenario presents that Joel has given a loan to Billy limited for $326,000. However, in the consolidation accounting process, order preparation of consolidated financial statement any intragroup transactions between the parent and the subsidiary is required to be eliminated. Therefore the adjustment for the loan provided by the parent for the subsidiary should be deducted from its asset section. Similarly, the liability of the loan should be eliminated from the books of Billy limited. Along with that, any interest expense or income is it recognized by any parties relating to the loan provided by the parent should be eliminated from the books. Therefore, in the adjustment, the interest received by Joel from Billy and the loan liability is eliminated, and the same treatment is made in the books of Billy for eliminating the unrealized gain or losses (Cîrstea, Nistor & Tiron Tudor,2017).

• Assessment coverage: Module 1-2 Fair Value adjustment and Intra group transactions.

• You are required to demonstrate: the assumed knowledge and skills from Module 1 Introduction and Principles of Consolidation; understanding and ability to account for fair value adjustments and intra group transactions.

• You are able to prepare: acquisition analysis, adjustment entries for group using the consolidation worksheet, and consolidated financial statements.

• You are able to recommend and communicate strategic recommendations regardingfair value adjustment entries.

Instructions:

• Show all relevant workings where required. • Combine the answers for both Part A and Part B into one assessment document.

Point 1: Goodwill

1. The accounts that would get affected from the impairment of Goodwill are Goodwill, Retained Profit, BCVR, Investments in Dublin.

2. The above accounts have not been adjusted to eliminate the intragroup impairment of Goodwill of $5000.

It is to be further noted that Goodwill treatment would not get affected from the tax rate.

The individual companies would have passed the following entries before consolidation are as follows:

3. The Elimination Entry would be for the stated situation are as follows

4. If this error is not corrected, goodwill would be shown at book value instead of showing at fair value leads to which the value of assets would be shown at overstated value by $5000. As per the IAS 36 goodwill should be impaired if the book value is less than the fair value of the market. In the currents scenario goodwill of the Dublin Ltd has been impaired by $5000 and this should be shown at the consolidated balance sheet. Since the goodwill which has been acquired during the time of acquisition has been impaired the same should be reduced by $5000 to show the net and true effect. For Assignment Help Further, any impairment or any improvements in the valuation of the goodwill would be capitalized as such treatment is not regular in nature. However, in the current scenario as the impairment of goodwill has risen after acquisition hence the same should be reduced from the Retained Earnings. Also, impairment expense is the different type of expense for the company and hence this should not mix up with any other expense. (Glaum, Landsman, Wyrwa, 2018)

Point 2: Sales of inventory

1. The accounts that would get affected from the sales of inventory in between the companies are Cost of goods sold, Sales, Inventory, Net Profit.

2. The above accounts have not been adjusted to eliminate the intragroup unrealized profit of $3000.

3. Elimination entries for the current adjustment is follows

4. If this error is not corrected, inventory and profit would be shown at inflated value. Further, the overall value of the assets would reflect at the inflated values as the value of the inventory has been inflated. On the other side liabilities would be inflated due to the profit arrived from such sale. The intra group adjustment should be made appropriately so that net effect can be shown. Therefore, such adjustments have to make to deliver true and fair balance of the financial statements so that the value of assets and liabilities should reflect at correct balance. The profit would change for the company as the profit from the sale of inventory would reduce from the total profit. (Dubolazov, Simakova, Dubolazova, Makarov, 2020)

Point 3: Sale of Equipment

1. The account that would get affected from the sale of equipment in between two companies are Galway, equipment, Profit on equipment, Dublin.

2. The above accounts have not been adjusted to eliminate the intragroup unrealized profit of $5600. The sale of equipment between both the companies should be excluded as the same is considered under intra-group transaction.

The individual companies would have passed the following entries:

3. Elimination Entry for the current adjustment is follows

4. If the above adjustment has not being made then assets and liabilities both would be shown at inflated values. The correct value of the equipment would be ignored and the unrealized profit that should be ignored has taken into consideration. Hence, net gain after tax should be excluded for the purpose of correct evaluation of the equipment. (Dutt, Nicolay, Spengel, 2021)

Point 4: Dividend

1. The account which have been affected Dividend received, Dividend Payable, Dublin, Galway.

2. The above accounts have not been adjusted to eliminate the intragroup adjustment of $18000. The date of acquisition is 1st July 2019 and dividend paid on September 2019 which is the part of post-acquisition profit and hence should be credited in the profit and loss account. Any revenue occurred after the acquisition should not be capitalized. Further, Galway Ltd has declared the dividend as on May 2020 and the same would be paid on October 2020.

3. Elimination of entries for the current adjustment is follows

4. If the above adjustment has not being made then assets and liabilities both would be shown at inflated values leads to which the balance sheet of the company would not deliver true and fair statements. Further, dividend payment and received would show double effect which is not correct as per the international accounting standard. There would be no difference in the accounting of net profit as dividend is being paid after arriving at profit. The intra group transactions should be adjusted while preparation of the consolidation account so that the financial statement should deliver true value. As per the international accounting standard while preparation of the consolidation net effect should be shown.

Point 5: Charge of service Fees

1. The account which have been affected Galway, Dublin, Service Revenue, Service Expense.

2. The above accounts have not been adjusted to eliminate the intragroup adjustment of $9000 ($90000 x 10%). AS 90% of $90000 has already paid by Dublin Ltd to Galway Ltd.

3. Elimination of entries for the current adjustment are as follows:

Dr Service Revenue $90000 Cr Service Expense $90000

4. If the above adjustment has not being made then assets and liabilities both would be shown at inflated values leads to which the balance sheet of the company would not deliver true and fair statements. In the current scenario, Dublin Ltd has purchased services expenses from Galway Ltd which leads to creation of creditors in Dublin Company and creation of debtors in the account of Galway Ltd. To show the net effect both the transaction should be eliminated. However, the value of the net assets and equity would not change for a group but the assets and liabilities would be inflated by $9000 in the financial statements. The Gross Profit would not change but the reporting of income would accordingly overstated by such amount. (Piuzzi, Song, Bigach, Khlopas, Mont, Vega, 2019)

From the above adjustments the consolidation report has been created in which net affect has been considered thereby eliminating all the previous stated entries that enables us to understand the true and fair view of the financial statements of the company. As per the international accounting standard all the intra group entries should be adjusted effectively to deliver correct value of the statements.

Sample Category

• Assignment - Accounting
• Assignment - Auditing
• Assignment - Biology
• Assignment - Management
• Assignment - Law
• Assignment - Nursing
• Assignment - Finance
• Assignment - Economics
• Assignment - Computer Science and IT
• Assignment - Humanities
• Assignment - Statistics
• Assignment - Architecture
• Assignment - Engineering
• Assignment - cookery
• Assignment - Marketing
• Assignment - Child Care
• Assignment - Mathematics
• Case Study - Accounting
• Case Study - Law
• Case Study - Management
• Case Study - Nursing
• Case Study - Finance
• Case Study - Computer Science and IT
• Case Study - Engineering
• Case Study - Economics
• Case Study - Biology
• Case Study - Auditing
• Case Study - Marketing
• Case Study - Project Management
• Coursework - Accounting
• Coursework - Auditing
• Coursework - Biology
• Coursework - Management
• Coursework - Nursing
• Coursework - Finance
• Coursework - Computer Science and IT
• Coursework - Engineering
• Coursework - Humanities
• Coursework - Child Care
• Coursework - Project Management
• Coursework - Economics
• Coursework - Cookery
• Coursework - Law
• Coursework - Diploma
• Dissertation - Accounting
• Dissertation - Auditing
• Dissertation - Biology
• Dissertation - Law
• Dissertation - Management
• Dissertation - Nursing
• Dissertation - Finance
• Dissertation - Computer Science and IT
• Dissertation - Humanities
• Dissertation - Economics
• Essay - Accounting
• Essay - Biology
• Essay - Law
• Essay - Management
• Essay - Nursing
• Essay - Computer Science and IT
• Essay - Humanities
• Essay - Economics
• Essay - Auditing
• Essay - Engineering
• Essay - Architecture
• Essay - Finance
• Essay - Science
• Essay - Marketing
• Programming - Computer Science and IT
• Reports - Management
• Reports - Computer Science and IT
• Reports - Project Management
• Reports - Marketing
• Reports - Nursing
• Reports - Engineering
• Reports - Accounting
• Reports - Humanities
• Reports - Finance
• Research - Statistics
• Research - Accounting
• Research - Auditing
• Research - Biology
• Research - Law
• Research - Management
• Research - Nursing
• Research - Finance
• Research - Computer Science and IT
• Research - Science
• Research - Engineering
• Research - Humanities
• Research - Economics
• Research - Project Management
• Research - Architecture
• Research - Marketing
• Thesis Writing - Computer Science and IT
• Thesis Writing - Engineering
• Thesis Writing - Biology
• Thesis Writing - Finance
• Thesis Writing - Humanities
• Thesis Writing - Auditing
• Thesis Writing - Economics
• Thesis Writing - Law
• Thesis Writing - Nursing
• Thesis Writing - Accounting
• Thesis Writing - Architecture

Assignment Services

Submit form for sample reading, submit form for sample pdf, what saying our customers.

During my graduate studies, I got a 10-day literature review assignment with seven pages of instructions. I was too preoccupied with my exam preparation to seek assistance from the assignment helpline. It was a great experience.

Eassy literature

I used the assignment helpline for a handful of assignments, and the grades I earned are reason enough to write a review. I had a really tight deadline on each of my assignments, yet the specialists never let me down.

Assignment humanities

 Because English is not my first language, I struggled to write an essay. I was fortunate to come across theassignmenthelpline.com; I was able to purchase their assignment writing services because they are so affordable, and I was relieved to receive my assignment in my inbox. 

Eassy english

Their method of working appealed to me much. All of the theoretical requirements for my electrical engineering project have been met. They also give me a plagiarism report to make sure the paper is completely unique. 

Engineering research paper

TheAssignmentHelpline delivered an excellent project management assignment report. They helped me save time and effort. Thanks a lot. 

Assignment project management

I was blown away by their service. Thank you so much for your prompt assistance, TheAssignmentHelpline. Next month, I will undoubtedly return with a new assignment. 

Assignment law

The assignment paper on people management done by the professional of TheAssignmentHelpline has blown me away. The only point of contention I brought up was the low word count. As a result, I applied for a rework. Within an hour, I received the updated work. If the necessity arises, I will absolutely use the service again. 

Assignment management

I realized I had very little time left when I was battling with my Java assignment. At that point, a friend recommends The AssignmentHelpline to me. I had gathered all of the necessary data. Only the editing and finalization of the draught remained. As a result, I requested that they do so. To be honest, they charged a very low price for the work, and I'm satisfied with the results. 

Programming java

My networking assignment had been meticulously planned. All of the network diagrams in the answer are correct and were hand-drawn by the author. The team is always prompt in their responses. Excellent work! 

Computer Science And IT network topology

My math teacher had given me a homework assignment with a list of instructions, and I was pretty worried about it. When I looked through my homework question, there was anything that I didn't understand. So, in order to complete my homework on time, I enlisted the services of a math assignment writer from TheAssignmenthelpline.com. Thank you for assisting me at such a crucial time. 

Assignment mathematics

APA formatted assignment with actual examples and statistics that is well written, instructive, analytically sound, and correctly cited. The assignment was also free of plagiarism. The sales services are excellent; they answer quickly to any questions. The chat team deserves a standing ovation. 

Assignment science

 In the past, I've been duped by more than three online assignment help firms. When I came to theAssignment Helpline, though, I never had to worry about bad grades or missing deadlines. I would strongly advise everyone to use this platform.

Assignment finance

 According to my personal experience, the writers are highly skilled and committed to their work. My macroeconomics homework had been meticulously prepared. I was really pleased with your services and would certainly tell all of my friends about them.

Assignment economics

 I received a top-notch management assignment!!!! I'm quite happy with your services and the way you handled your responsibilities. I'm completely blown away!! Thanks.

 TAH's experienced staff members impressed me the most, aside from providing high-quality assignment help for my economics assignment. They were kind and interested in hearing my ideas for overcoming the assignment issues. Gentlemen, I appreciate your time and thought.

 Thank you a lot! Service that is both professional and educative. Your service is fantastic, and it's also really quick!

Coursework marketing

 Excellent work; I am very pleased with my computer science homework. Thank you for providing me with a writer. I'll be in touch with you guys for more work.

Assignment computer science and IT

 The assignment was fantastic. The tutor gave me a flawless score. The tutor also complimented me.

 For my statistics homework, you did a fantastic job!! It comes highly recommended!

Dissertation statistics

 I received my 3500-word report in just two days, and I'm still blown away by the level of service you provided. This is fantastic. Even if I had a week, I would not have been able to finish this. Thank you for your help, Team.

 I am quite pleased with the work. As a result, I would recommend this writing service to students who are dealing with difficult tasks and tight deadlines. I received excellent grades on the tasks completed by The Assignment Helpline's professionals. Thanks.

 Thanks to the comprehensive assignment assistance expert who completed my 3000 word network security research paper. The paper is well-researched and devoid of plagiarism. Thank you very much for giving me a score of 90%.

Research Paper networking

 It's the first time I've sought assistance from an online assignment aid service. Believe me when I say that the end outcome exceeds all expectations. My mathematics homework was flawless. Guys, you did a fantastic job.

Coursework mathematics

 I requested that you develop a presentation for a marketing project. I'd say it was a fantastic presentation that was well-prepared, matched the standards and academic parameters, and contributed to good scores.

Assignment marketing

 Their method of working appealed to me much. All of the theoretical requirements for my electrical engineering project have been met. They also give me a plagiarism report to make sure the paper is completely unique.

Assignment engineering

 All the documents were supplied to me way early, and I was able to complete my assignment before time.

 I'm grateful to a friend who recommended that I use your services for my accounting homework. I was at a complete loss the day before, unsure of what to do, and the next day, I spoke with a nice and pleasant person who told me that this difficult project would be given on time by one of their experienced writers. And it was just how the salesman had described it! I am quite pleased that I sought help from the entire assignment help team.

Coursework accounting

 At the sixty-fifth hour, I requested assistance with my Accounts Assignment from theassignmenthelpline, and they responded with an A+ assignment. The services are highly recommended.

Assignment accounting

 I was hunting for a dependable assignment writing service and lately discovered The Assignment Helpline. After contacting their team, my fears were dispelled, and I was able to complete my assignment on time.

Academic Writing college

 I was stranded with my buddies trying to do a group assignment about physics. TheAssignmentHelpline.com authors have really aided us in solving difficult numerical and other challenges in order to simplify our project. I recommend these services to all students who need help with their projects.

 Because English is not my first language, I struggled to write an essay. I was fortunate to come across Theassignmenthelpline.com; I was able to purchase their assignment writing services because they are so affordable, and I was glad to receive my assignment in my inbox. My preceptor was really satisfied with me once I turned in the assignment, saying that my essay had excellent grammar and diction.

Essay english

 My math teacher had given me a homework assignment with a list of instructions, and I was pretty worried about it. When I looked through my homework question, there was anything that I didn't understand. So, in order to complete my homework on time, I enlisted the services of a math assignment writer from theassignmenthelpline.com. Thank you for assisting me at such a crucial time.

 During my graduate studies, I got a 10-day literature review assignment with seven pages of instructions. I was too preoccupied with my exam preparation to seek assistance from The assignment helpline. It was a great experience.

Essay literature

 My field of study is electrical engineering, and I was trapped in the middle of a project. I couldn't find any reliable sources to assist me in that case. Someone recommended that I use this site for help, and I ended up getting decent grades.

 I've used the services of programming specialists twice this month and have been quite pleased with the results. I recommend that my friends hire professionals to complete their schoolwork.

Programming python

 I discovered that my software engineering assignment had not even begun five days before the deadline. I didn't have any other choice than to seek assistance from the assignment helpline. It was a 90 percent pass for me.

 I had an immediate need for a logistics assignment expert, and I can confidently say that I obtained a high-quality assignment in less than two days. The content was excellent, and all of the requirements were met. This is a website that I strongly suggest to everyone.

 This is the first time I've outsourced my schoolwork, and I'm really pleased with the service provided by this website. My sociology essay received an 85 percent grade. Thank you very much.

Coursework finance

 The writers are well-educated and experienced in academic writing. I usually seek assistance from The Assignment Helpline since I only have faith in their writers. They get good results from the writings they write. Must try!

Academic Writing spss

 I was blown away by the quality of the paper; it was exactly what my teacher had requested and was devoid of plagiarism... The Assignment Helpline is a fantastic resource!

Case Study marketing

 Because of some pressure at home, I forgot about my Audit Assignment, which was due the next morning, and I was unable to submit it on time. However, The Assignment Helpline assisted me greatly, and they supplied the assignment on time, and I was able to relax. Thank you very much.

Assignment auditing

 I've never loved Algebra but had to study it as part of my course work. I couldn't imagine completing an Algebra project, but thanks to The Assignment Helpline, I was able to pass with decent grades.

 Fantastic website for assignment help online. Experienced mentors helped me with a fantastic physics homework. Improved knowledge of difficult subjects such as electromagnetism and quantum physics. They have a great staff of authors who work well together. I would recommend this website to anyone who wants to gain a thorough understanding of complex issues, as I did. Thank you so much for your help, The Assignment Helpline.

 I tried various assignment help services but was never satisfied, but I am now satisfied because The Assignment Helpline completes the task as specified. Many thanks!

Assignment biology

 In my class, I presented the best mathematics assignment. Theassignmenthelpline assistance is, in my opinion, one of the top service providers for university students. The tasks are written by highly educated experts. For the first time, I received an A. Thanks.

 Thank you so much to the entire crew at The Assignment Helpline; you did an amazing job. I was very concerned about submitting my IT management project because the deadlines were approaching and I was unable to meet them. But, thank you to your staff for understanding my needs and delivering before the deadlines.

 My open exam resulted in a 45/50, and my professor complimented me on my performance in class. Thank you so much, TheAssignmentHelpline.

 Exceptional customer service. My statistics assignment has a total of 8 questions, all of which have been answered correctly. Plagiarism is also below academic standards, which is really commendable. Thanks.

 I received a good grade. You did a fantastic job. Had assistance till the job was completed, and the work was completed a few days earlier than expected.

Programming sas

 Thank you for assisting me with my Computer Science project. Your specialists performed admirably. Academic sources are cited for all facts and examples. I didn't get any plagiarized work.

 The assignment was awesome! Highly recommended and must use service for every student.

Easy history

 There were three assignments in my business ethics assignment, each with five sets of questions. Each question received a minimum of 250 words of response, with a total of 10 references acknowledged for each task. Guys, you did an excellent job. Thanks.

Assignment business management

 Excellent customer service!!! The Assignment Helpline is a well-known name in the field of assignment assistance. I am satisfied with the level of service provided here.

 The assignment helpline is the most dependable academic assistance online. I've been using this site for over two years and they've always provided me with excellent service.

Assignment academic writing

Alicia dods, hamish bower, zac goldstein, jake l. romero, jacob j. mathews, eddie d. locklear, joe m. carey, catherine e. neal, mitchell m., macy j. otto, shirley w. raney, may a. epps, saul k. todd, sandra r. kollman, pamela r. forsyth, bevis fontaine, chappell duffet, gabriel lacombe, olivie généreux, favor dubois, cong hsiung, zlatko nikolic, eve godfrey, evie francis, kate jarvis.

Subscribe Now

Cookie consent.

This website uses cookies or similar technologies, to enhance your browsing experience and provide personalized recommendations. By continuing to use our website, you agree to our Privacy Policy

accounting case studies

All Formats

Resource types, all resource types.

• Rating Count
• Price (Ascending)
• Price (Descending)
• Most Recent

Accounting case studies

Accounting Class Business Case Studies Digital Activities - Real World Lessons

Accounting Careers Research Digital Activity Case Study | Meet an Auditor

• Google Slides™

A Valentine's Day Accounting Mystery ( Case Study )

An Easter Accounting Case Study : The Chocolate Confectioner's Conundrum

A St. Patrick's Day Accounting Mystery ( Case Study )

Accounting Case Study Assignment

Accounting Ethics Case Study Revenue Recognition Accrual

• Word Document File

Uncovering Accounting Scandals: A Case Study Analysis

Black Friday, Cyber Monday, Small Business Saturday Case Study Digital Activity

Age of the Earth Case Study [NGSS 3 Course Model] Living Earth HSESS1-6

Money Management Case Studies (Banking, Budgeting, and Saving)

Accounting - Journaling Transactions with Source Documents

High School Accounting | Depreciation BUNDLE

Business Ethics - Ethics in Accounting - Unit Handouts, Discussions, Assessment

• Google Docs™

Balance Sheet & Income Statement Case Study

BUNDLE- Scientific Evidence in the Courts- Notes and Coppolino Case study

SBI4U Metabolism Case Study : Cell Respiration

High School Accounting | Depreciation

Consent Case Study /mini lesson - Luis Rubiales / Spain World Cup MYP / Ontario

Teenagers & Credit Cards (Includes Case study & Quiz)

Accounting Ratios and Financial Statement Analysis PPT

High School Accounting | Accounting Equation Lesson

IBDP Business 3.4 Final accounts

Ethics Accounitng Case Study Inventory Net Realisable Value

• We're hiring
• Help & FAQ
• Privacy policy
• Student privacy
• Terms of service
• Tell us what you think

Writing: Get your essay and assignment written from scratch by PhD expert

Rewriting: Paraphrase or rewrite your friend's essay with similar meaning at reduced cost

Editing: Proofread your work by experts and improve grade at Lowest cost

Enter phone no. to receive critical updates and urgent messages !

Error goes here

Please upload all relevant files for quick & complete assistance.

New User? Start here.

Accounting Case Study Help

Get Help with Accounting Case Study and Dispense with Scholarly Pressure

Meet Our Online Accounting Case Study Help Experts Today!

Ph.D. in Accounting

I have been with MyAssignmentHelp for 13 years and provide customized accounting case study writing service.

Alexis Jiang

I’m a US-based professor and provide case study help in various accounting and finance topics. Hire me.

Ashley Ying

MPA in Accounting

I’m a senior SME at MyAssignmentHelp with 11 years of experience in helping students attain academic success.

Louis Arceo

MSc in Forensic Auditing

I joined MyAssignmentHelp as an SME after my master's. I provide the best accounting case study help on request.

Explore Our Unique Approach to Accounting Case Study Writing

Share your requirement.

To hire our experts for solving accounting case studies, submit the completed order form with additional files.

Receive a Quote

Pay the generated quote for your accounting case study assignment via the suggested payment options to confirm.

Get Expert Assistance

Upon evaluation, we will assign the best available subject-specific expert to extend accounting case study help.

The Advantages that Make Our Online Accounting Case Study Help Stand Out!

Detailed Research:

The quality of a report depends on the analysis, outcome, and themes. Get our accounting case study help, and create a well-researched report.

Well-Stocked Repository:

Cost accounting, financial accounting, or managerial accounting—just name the subject. You will find 500+ samples on all accounting topics.

Multiple Free Revisions:

From conducting financial analysis to writing an accounting case study, we ensure multiple reviews on all finance assignments for free.

Timely Delivery:

Our writers have the skills and expertise to deliver plagiarism-free case studies on time while following the financial reporting standards.

Advanced Safety Protocols:

We maintain a state-of-the-art security system to block malware and third-party intrusions and ensure 100% confidentiality and anonymity.

24/7 Student Support:

Our customer support team is active round-the-clock. Whether it's noon or midnight, connect with us anytime for instant solutions.

Students Share Their Experience with Our Outstanding Services!

Words that Motivate Us to Give Our Best Effort

Assignment: 3.6 Pages, Deadline: 13 hours

Thank you for the great work done. The order was delivered within 12 hours, and the expert did a great job delivering it before the time. It's just t ...

Essay: 1.6 Pages, Deadline: 4 days

ou can aim for an annotation to be no longer than one page at this point. As you draft your content,

Essay: 5 Pages, Deadline: 1 day

The assignment was well written; I made a few corrections to the grammar and APA style, but overall, it was perfect, and I scored 90. Thank you

Assignment: 4 Pages, Deadline: 5 days

well scripted. timely manner in responses. assignment is well organized and fully addressing the assignment needs and requirements

Assignment: 12 Pages, Deadline: 11 days

Thank you for amazing work. Recommend to everyone. Never let me down. Work is done on time

Assignment: 3.2 Pages, Deadline: 3 days

Excellent work.Nothing to complain at all.It was visually great, the expert followed all my requests.

Assignment: 8 Pages, Deadline: 21 days

The job wasnt generic or plain, to be honest it was the opposite.The text was formal, full of personality and well written.

Assignment: 15 Pages, Deadline: 11 days

I could not be more happier.It was beyond my expectations.Specially because i asked some modifications and it was delivered even well and in a perfect ...

Assignment: 8 Pages, Deadline: 21 hours

THE REPORT IS GOOD AND COMPREHENSIVE. AWATING FEED BACK FROM THE INSTITUTE. HOPE ALL WILL BE OK.

Assignment: 6 Pages, Deadline: 5 days

it's neutral. not bad. I will check and give a feedback once i get the marks. I think could be better if focused on more in the topic.

Assignment: 8 Pages, Deadline: 6 hours

i LIKE THE OVERALL RESULT. THE REPORT IS SUBMITTED AND I HOPE I'LL NOT FACE ANY ISSUE.

Programming: 10 Pages, Deadline: 5 days

I just now gone trruogh the assinmnet it was will presented and i am going to check plagerism today if that ok means everything fine so far very goo ...

Essay: 4 Pages, Deadline: 18 hours

MyAssignmentHelp has proven to be a reliable companion in my academic endeavors. Their professionalism, expertise, and commitment to excellence have m ...

Essay: 4 Pages, Deadline: 16 hours

One aspect that particularly impressed me was the dedication to transparency and communication. Throughout the process, I was kept informed at every s ...

Programming: 6 Pages, Deadline: 22 hours

really love the help i m so impressed by their dedication to customization. They took the time to understand my specific needs and tailored the soluti ...

Essay: 6 Pages, Deadline: 1 day

Assignment was done on time . The user-friendly platform made it effortless to submit my requirements, and within few hours. What truly set this platf ...

Assignment: 7 Pages, Deadline: 28 days

The service was timely and efficient, providing clear, well-researched assignments. Great help!

Assignment: 8 Pages, Deadline: 24 days

It was a great framework to work with. However, referencing and citations were lacking, and there were repetitive statements, but overall, it was a go ...

Home Work: 12 Pages, Deadline: 1 hour

It was well arranged with the right sources and caselaws. I got the marks , but i believe i will get high grade with the solution. Not bad tho!

Home Work: 11.2 Pages, Deadline: 6 minutes

It was well arranged with the right sources and caselaws. i have got the marks , but i believe i will get high grade with the solution.

Save Big With Our Online Accounting Case Study Help

Areas We Cover

• Cost Accounting
• Financial Accounting
• Managerial Accounting
• Corporate Finance
• Forensic Accounting
• Cost Volume Profit Analysis
• Tax Accounting
• Variance Analysis
• Payroll Accounting & More

Accounting Case Study Assignment Help Online

Accounting case studies are a key component of an accounting course, where students apply their theoretical knowledge of accounting principles in real-life scenarios. However, these cases demand critical analysis and problem-solving skills, often making it challenging for students to tackle the task on their own. Solution? Getting accounting case study help. 

MyAssignmentHelp extends a wide range of assignment help services in accounting and finance, covering corporate accounting case studies, management accounting case studies, and cost accounting case studies, to name a few. Our adept subject experts adhere to standard guidelines and precisely portray accounting conundrums to get you the grades you have always dreamed of. 

Seeking guidance from our experts will ensure thorough surveys and sampling, seamless outline formation, proper presentation of findings, insightful observations, and accurate citations. And that's not all. We also have meticulously crafted case study samples for research and reference purposes. You can access our samples on a diverse spectrum of accounting and finance topics absolutely free of charge.  

With over 15+ years of experience, MyAssignmentHelp has emerged as the torchbearer in providing exceptional quality academic services. We are committed and go above and beyond to deliver information-rich solutions by ensuring the following:

• Strict adherence to the right case study format
• Use of relevant topic-specific information 
• Appropriate use of language and tone
• Employing the best methods for effective presentations
• Accurate source citation to eliminate referencing errors
• Proper headings and sub-headings for ease of reading

With us, you are guaranteed to get unparalleled assistance and access to plagiarism-free, top-quality samples and study resources. So, entrust your case study with us for exceptional guidance.

Get a Writer

Why Do Students Need Help with College Accounting Case Study Help?

There are several reasons why seeking academic writing services becomes necessary for accounting case studies. From tight deadlines to the lack of knowledge of accounting standards, every student encounters unique difficulties. Here are some key factors that make writing a case study an arduous task:

• Intricate Financial Analysis:  

Accounting case studies demand a deep knowledge of accounting principles and their practical uses. Evaluating complicated financial statements and financial ratios and interpreting complex accounting data can leave students confused. 

• Complicated Subject Aspects:

Accounting is a multifaceted subject that involves multiple dimensions, such as financial reporting, auditing considerations, tax implications, and ethical considerations. Balancing each factor and understanding their connections can be tough.

• Lack of Real-Life Knowledge:

Accounting case studies heavily depend on real-life situations. However, applying theoretical concepts to actual scenarios can increase complexity. A lack of understanding of external variables, industry-specific rules, and stakeholders' concerns can make effective decision-making difficult.

• Limited Academic Skills:

A case study is all about finding solutions to problems. The report demonstrates your ability to identify issues, analyze information, and make sound decisions while communicating financial concepts clearly and concisely. And that's where students stumble on. 

The scope of accounting cases covers a wide range of subjects, spanning from cost accounting, financial analysis, auditing, managerial accounting, and taxation. These cases will foster new skills and empower you to overcome the intricacies of accounting case studies and gain confidence to decipher data while abiding by international financial reporting standards.

Do you want to learn how to dissect financial statements and make well-informed business decisions? Hire our subject experts for help with case studies. 

Place an Order

Why Is MyAssignmentHelp’s  Case Study Help Better Than Others? 

MyAssignmentHelp has a wealth of resources for accounting, business management, and finance students. From drafting plagiarism-free case studies to offering one-to-one study support in all accounting and finance subject areas, we are here to guide you to conquer your learning challenges and improve your academic performance. Now, a lot of you might wonder how we are different from other sites providing help with corporate accounting case studies. Well, here's what sets us apart from the rest: 

Your academic success is our goal. That's why we stop at nothing to ensure you get unique, high-quality solutions that are error-free and created to satisfy the specific requirements of your assignment. In fact, to ensure 100% customer satisfaction, we provide free revisions and reviews after the final submission of the solution. That way, you can connect with us and make the necessary changes without paying a dime extra. 

Since all our experts have worked in different fields of accounting and are aware of the latest developments in the academic industry, they can provide expert insights into elevating your paper quality. Thus, without further ado, chat with our executives to get things rolling.

Call Experts

How to Write an Accounting Case Study with Well Research?

An accounting case study can pose considerable challenges, demanding a lot of time, not to mention dedicated effort and attention. However, navigating difficulties becomes easier with practice and following specific guidelines. Here are some surefire strategies that can streamline all odds:

• Identify Methods, Objectives, and Facts

The initial stride of preparing an accounting case study is determining the right method, the problem's objective, and important facts related to a specific branch of accounting. Understanding the primary objective will allow us to develop a clear idea of the problem statement.  

• Establish Scope and Framework

Determining the scope encompasses elucidating the objective of your case study to the target audience. Your primary aim should be to give a holistic overview of the company and provide valuable insights coupled with the main theories.

• Address Challenges and Provide Solutions 

Next, your focus should shift to pinpointing issues and their probable resolutions. While suggesting solutions to the identified problems, you should present relevant data and facts highlighting the effectiveness of your solutions. 

• Be Careful about the Conclusion

One key aspect of case studies is a cohesive conclusion. It should be clear and concise and facilitate a lucid knowledge of the subject of discussion. Additionally, you should present a detailed list of references used for composing the case study report. 

As you start working on your case study, you will always find our professional writers to guide you toward mastering accounting case studies. They can help you conduct thorough research,  understand the criticalities of corporate governance, and avert ethical issues with plagiarism-free work. Then why worry about meeting deadlines? Avail accounting assignment help to get things on track.

What Is the Importance of In-Depth Research in Accounting Case Studies?  

Writing a cost accounting or management accounting case study involves evaluating a company's financial statements and financial activities and carrying out detailed financial analysis. You will typically be given financial statements, balance sheets, or documents that require deep study. Your task is to pick out the primary concerns, suggest alternative solutions, and make recommendations based on your assessment. 

Accounting case studies are heavily based on research because, as a writer, you have to know whether things work or don't work and find ways to make things work more efficiently. It's also important to remember that research is not only about gathering data from financial statements. At a deeper level, it reveals the truth and helps to understand a company's present value. Let's take a deeper look into the significance of extensive research for writing accounting case studies, be it cost accounting or forensic accounting.  

Improved Understanding: Researching for an accounting assignment expands your knowledge base and opens new opportunities for learning and growth. 

Equipped with the Latest Info: Researching will help you find the most recent information about a company. The deeper you dig, the more you will learn about a company's cash flow statements, income statements, financial resources, ethical considerations, and so on. 

Builds Credibility: Accounting case studies are not only about assessing balance sheets. You should build a solid foundation for your findings, solutions, and recommendations so the target audience takes you seriously. 

Identifies Competitors: In business, there are competitors. Researching for your accounting case study will allow you to identify the competitors' flaws and strengths and develop effective solutions that will prevent the company from making similar mistakes.

For more about the benefits, consult our experts. They are available 24/7 to offer valuable assistance.

Connect Here

How Can We Assist You with Your Accounting Case Study Online? 

Dealing with complicated case study topics is an uphill battle. You will come across considerable challenges, demanding more time and effort. Thankfully, with the availability of professional services, you can make the writing process more manageable and less daunting. 

MyAssignmentHelp is a renowned name in the industry for providing academic assistance to all students across major disciplines, including accounting. Whether you need MBA assignment help or corporate finance assignment help , all you have to do is ask us, "Can you do my assignment?" We will evaluate your assignment requirements and assign the best experts for comprehensive guidance. Here's how our accounting experts work: 

• We help students understand the case requirements and provide a detailed roadmap to navigate the task easily.
• Our writers focus on creating specific solutions, arguments, explanations, and examples based on the given case. 
• From brainstorming business topics to formatting guidelines, we are adept at following guidelines and fulfilling requirements. 
• Our team of editors and proofreaders reviews each solution twice to ensure there are no errors in language. They constantly guide you to complete your work consistently. 

Every student dreams of high academic grades, but only a few are able to achieve them. Thanks to technological development, the advent of online accounting case study writing service has dissolved students’ challenges with case studies and given them the opportunity to work under the supervision of acclaimed subject specialists. 

Each of our experts and tutors is the epitome of knowledge and possesses impeccable accounting skills. They know the common challenges students face with accounting case studies and aim to provide personalized support and study support. So, leverage our tutors' expertise for your optimum benefit.

Get an Expert

Frequently Asked Questions

Here's what you should do to analyze a cost accounting case study:

• First, identify the problem and carefully read through it to evaluate a company's financial performance.  
• Then, gather information about the problem, check financial statements, and collect data from the cash flow statements.
• Next, study the gathered information. Combine it with what you already know and devise a solution. 
• Finally, analyze the pros and cons of the solution. 

Preparing a finance case study will require you to undertake the following approach:

• Read the case and understand it for an overview.
• Re-read the case and identify the key facts
• Identify the key issues and determine what went wrong
• Analyze and uncover the causes of the identified issue(s)
• Look up relevant theory and background information on the case
• Consider what theories are applicable 
• Develop potential solutions to the issues and assess their pros and cons
• Make recommendations for favorable outcomes and justify why

Although the case study structure varies depending on the assessment criteria and discipline-specific requirements, here is the standard format of a cost accounting case study:

• Executive Summary/Synopsis
• Introduction
• Recommendations
• Appendices (if any)

In accounting and business management, case studies are used for analyzing the nature of accounting and understanding different managerial practices. A case study report will help you understand how different aspects of a business work together, identify a problem(s), and determine how the executed solution provides value. Accounting case studies are also used for broader research as you get to explore new ideas, theories, and methods. Furthermore, you will develop clear knowledge about key elements, such as:

• Financial Ratios
• Trial Balance
• Revenue Recognition
• Capital Structure
• Transfer Pricing 
• Accounts Receivable
• Cost Allocation, etc. 

Following the Harvard Business Review, the case study method was implemented in business and accounting classrooms to educate students to apply their theoretical knowledge of important concepts in real-world situations. The method is a teaching and learning technique that uses accounting case studies to engage students in actively solving complicated issues similar to real-life cases. Furthermore, the case study technique is important for achieving the desired learning outcome and developing critical thinking, problem-solving, communication, and interpersonal skills. 

We have handpicked the best assignment experts with a deep understanding of accounting concepts to provide writing assistance for accounting case study assignments. Each writer in the team has the skills and knowledge to tackle different kinds of accounting case studies. They start the process by evaluating the case and conducting extensive research on the company to gather relevant data from credible sources. Once they identify the key problems, they apply relevant theories to come up with potential solutions and end with recommendations. After the document is completed, the QA team triple-checks your accounting assignment to ensure complete accuracy.