Cases in financial accounting

The case method is a teaching method that has been in existence for some time. It differs from traditional teaching methods in that it does not involve the memorization of facts and an instructor lecturing the students on his thoughts. The emphasis is on the development of thinking, problem solving skills and technical knowledge through discussion. The lecture method has learning through listening with an emphasis on the acquisition of facts as its primary goal. In contrast, the case method has learning through discussion with an emphasis on thinking as its primary goal. To some extent the degree of success in reaching the primary goal of the case method is dependent on the availability of a collection of cases which pertains to a variety of issues with varying degress of difficulty and requiring different levels of student expertise and involvement. This book attempts to satisfy those needs by providing over 238 cases with a variety of formats, solution approaches and degrees of difficulty. The topics covered include almost all those covered in an Intermediate Accounting textbook and additional topics which might only be studied in advanced accounting courses. The authors have attempted to develop a set of cases which will permit different teaching methods to be used.