A Comprehensive Evaluation of Accounting Methods and Applications Through Case Studies

This following thesis is a compilation of the case studies assigned by Dr. Victoria Dickinson, in fulfillment of the requirements for the University of Mississippi, Sally McDonnell Barksdale Honors College, and the Professional Research and Development Thesis Program. Each of the twelve case studies pertains to a different topic or problem concerning the application of accounting standards, accounting principles, or financial statement preparation and analysis. In addition, these cases present the application of accounting studies to real world scenarios, incorporating various fields such as finance, investments, risk assessment, and economics. Each of the financial cases introduced a company using their financial statements and accounting position, which were utilized for better understanding of the topic at hand. After learning more about each company, students would answer questions in order to better analyze the company’s situation and understand the given topic. By the completion of this course, students increased their critical thinking and problem-solving skills, gained a thorough understanding of U.S. Generally Accepted Accounting Principles and the Financial Accounting Standards Board, and prepared for their future career as a public accountant