ACTG 2020 Chapter Notes -Financial Statement
18 Mar 2014
School
Department
Course
Professor
Document Summary
Properly planning out the resolution of the various problems or issues. Bringing out current problems and issues: how to identify subjects that need to be discussed, how to determine what is wrong within an entity, how to find out what is changing. Learning to detect implicit problems or issues using the hints you come across when reading the case: determining the main focus of the assignment. Knowing how to analyze exhibits according to the case parameters. Knowing what to look for when examining financial statements: what are the key ratios, was there an audit, how to identify unusual items. Knowing how to establish links between various pieces of information relating to the same subject: reading all the exhibits carefully from beginning to end. Taking the case subject into account: making it easy to retrieve relevant case facts, what words to encircle or underline, how to bring out what is essential.
