ACC 110 Lecture : Analyzing Cases ACC110.doc

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There is an excellent portion of the textbook that does this titled solving accounting. In addition, students are encouraged to view the solved problem in the textbook (pages 202. Note: this solved problem is lengthy this length of question would not be on the final exam but it does show you a complete analysis of a question. Is it a private company that does it need to follow. Make sure you are able to recognize what the issues are sometimes they are hidden within the question: determine which accounting issue is the most important: sometimes this is not possible as they all have equal importance. However, if one area is more important then analyze it first: analyze the accounting issues presented: identify the different accounting treatments allowed. Then, using the constraints, eliminate those alternatives that violate the constraints and get rid of them. Key question you should ask yourself as you read a case:

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