(Download) "Cookie Jar Reserves: The Case of Callaway Golf Company (Case Notes) (Case Study)" by Journal of the International Academy for Case Studies ~ eBook PDF Kindle ePub Free
eBook details
- Title: Cookie Jar Reserves: The Case of Callaway Golf Company (Case Notes) (Case Study)
- Author : Journal of the International Academy for Case Studies
- Release Date : January 01, 2007
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 264 KB
Description
CASE DESCRIPTION This case requires the student to evaluate how estimates and more importantly changes in estimates affect a company's financial statements. Students are required to research Generally Accepted Accounting Principles (GAAP) regarding, changes in estimates and the correction of errors. The case is appropriate for junior level intermediate financial accounting courses or senior level auditing courses. While the accounting issue is easy to understand, there is room for interpretation of the accounting standards that make the case interesting. The difficulty level of the case is medium. The suggested final product of this case is a short memo where the student evaluates possible treatments for the accounting change and makes a recommendation of how the accounting change should be treated by the company in their annual financial statements. The student is also asked to evaluate the impact of the recommended solution on the company's financial statements. It is also possible to use the case as a vehicle for discussion when presented by the professor in a class setting.