ADMS 3585 : Group Case Marking Key
6 Jun 2014
School
Department
Course
Professor
Document Summary
The student recognizes your role as a financial consultant to prepare a report to determine the appropriateness of the accounting methods used by the calgary store and the methods used are. The student recognizes the following users and their objectives of. York limited (owners) and one of the following : Other users - potential franchisees, other franchise stores etc. Discuss conflict and make a recommendation of who is the most important user (conflict may arise between the calgary and vancouver store) Ifrs (justify) - the contest requires that all stores need to adopt ifrs in reporting the financial results. Contest formula (highest improvement in income before tax between 2014 and 2013) The student applies technical knowledge to case facts in discussing: Discuss inventory valuation requires lower of cost and nrv. Determine if write off of $ 75,000 is legitimate for inventory impairment - link to possible reasons.
