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A Discussion Of Twelve Financial Accounting Topics, Katherine T. Oglesby 2019 University of Mississippi

A Discussion Of Twelve Financial Accounting Topics, Katherine T. Oglesby

Honors Theses

The purpose of this paper is to investigate twelve different financial reporting topics using specific scenarios and financial positions of existing companies that have been presented in various case studies. The case studies cover multiple topics, long-term debt, equity sales, marketable securities, deferred income taxes, revenue recognition, financial reporting of cash flows, impairments and securities’ sales related to debt, and capitalized costs and earnings quality. In addition to the financial reporting topics, four cases cover various accounting-related topics, including data analytics incorporated into the profession as a whole, transparency and ethics both during the accounting recruiting process, along with during …


Accounting Standards And Topics Implemented And Analyzed, Makenzie Courtland McNeill 2019 University of Mississippi

Accounting Standards And Topics Implemented And Analyzed, Makenzie Courtland Mcneill

Honors Theses

The objective of this thesis is to report on multiple accounting standards and topics through the use of twelve different cases. The cases that were researched included the topics of evaluation of financial statements, profitability and earnings, accounts receivable, and working through a time value of money problem. Additionally, subjects such as research and development costs, the data analytics tool IBM Watson, long-term debt, stockholders’ equity, marketable securities, deferred income taxes, and revenue recognition were also analyzed throughout this paper. These cases were written to help the reader, and others, learn from their questions. The questions in the cases, as …


A Compilation Of Accounting Case Studies, Madelyn Smith 2019 University of Mississippi

A Compilation Of Accounting Case Studies, Madelyn Smith

Honors Theses

The following thesis is a compilation of case studies in various areas of financial accounting that I completed over the course of two semesters under the advisory of Dr. Victoria Dickinson. During the class we reviewed different case studies that focused on various accounting concepts and principles that we were learning about in Intermediate Accounting. After analyzing each case and having discussions about the material in class, we would complete questions that required us to understand conceptually and practically how the information provided to us would affect the company. We dealt with companies that followed U.S. Generally Accepted Accounting Principles, …


An Analysis Of Cases In Financial Reporting, Caroline L. Cotton 2019 University of Mississippi

An Analysis Of Cases In Financial Reporting, Caroline L. Cotton

Honors Theses

This thesis includes twelve different cases of various topics in financial reporting, such as deferred income taxes, revenue recognition, marketable securities, and many others. The solutions to the cases were found in fulfillment of ACCY 420 at the University of Mississippi during the Fall of 2017 and the Spring of 2018. The thesis is formatted below so that the questions to each case are visible to the reader. When it was fitting, there are also journal entries, t-accounts, and tables to go along with the questions. Each case focuses on a different area of financial accounting with an emphasis on …


A Comprehensive Analysis Of Financial Reporting Through Case Studies, Cole Conner 2019 University of Mississippi

A Comprehensive Analysis Of Financial Reporting Through Case Studies, Cole Conner

Honors Theses

This paper serves as an investigation and analysis of the financial reporting practices of publicly traded companies, in addition to addressing a number of other selected accounting topics. This was accomplished through the analysis of a number of accounting case studies. Each of these studies addresses a specific topic related to financial reporting such as the accounting for income taxes, the treatment of plant property and equipment, and the treatment of investments in securities. The cases provide background related to the topic and organization(s) discussed as well present a series of questions which guide in the discussion and analysis of …


An Exploration Of Key Accounting Concepts Through Case Studies, Morgan L. Cannon 2019 University of Mississippi

An Exploration Of Key Accounting Concepts Through Case Studies, Morgan L. Cannon

Honors Theses

Accounting is a profession characterized by precision, innovation, and evolution. In an everchanging environment, it essential to ascertain a firm foundation in understanding Generally Accepted Accounting Principles as set by the Financial Accounting Standards Board. The following case studies present extensive explanations to promote the understanding of key accounting concepts, preparation and analysis of financial statements, as well as spotlights special topics in the current accounting climate. These case studies contextualize critical accounting concepts to demonstrate the connection between the principles and standards presented in academia as they are adapted in practice. The case studies were completed under the direction …


An Analysis Of Key Financial Accounting Topics, Farris Abu-Saoud 2019 University of Mississippi

An Analysis Of Key Financial Accounting Topics, Farris Abu-Saoud

Honors Theses

The purpose of this paper is to analyze twelve key financial reporting issues and principles using case studies. These issues and principals include revenue recognition, deferred income taxes, common stock, long-term debt, U.S. GAAP, statement of cash flows, profitability, and investment decisions. Working through these case studies and analyzing these key financial reporting topics has provided a greater understanding of financial accounting and U.S. GAAP; an understanding that goes well beyond what was learned through lectures and exams.


Accounting Research Thesis, Henry Creel 2019 University of Mississippi

Accounting Research Thesis, Henry Creel

Honors Theses

During the junior year of my academic career in the Patterson School of Accountancy, I participated in an accountancy thesis class. In this class we independently analyzed and assessed the financial statements and information presented by each case. The practical application of my accounting knowledge on the professionally formatted financial information presented by each case has strengthened my understanding in accounting in ways that no other class has. Through this course, I have grown in both professional and academic aspects, and my findings will be relevant for the rest of my career.


A Series Of Case Studies: An Analysis Of Key Accounting Issues, Jordan Haley Enlow 2019 University of Mississippi

A Series Of Case Studies: An Analysis Of Key Accounting Issues, Jordan Haley Enlow

Honors Theses

This thesis was written on a series of case studies completed while taking ACCY 420 under the direction of Dr. Victoria Dickinson. This class, taken in the fall and spring of 2017-2018, was taken in conjunction with Intermediate Financial Accounting. Taking ACCY 420 along with Intermediate Financial Accounting added an application aspect to learning financial concepts. ACCY 420 did this by covering various areas of financial reporting in great detail through delving into numerous companies, both U. S. based and international, and analyzing their financials.


A Synopsis Of Basic Components Of Accounting, Julius Jordan Boyd 2019 University of Mississippi

A Synopsis Of Basic Components Of Accounting, Julius Jordan Boyd

Honors Theses

The purpose of this paper is to discuss different components of accounting and discuss how they appear on financial statements. These topics are ones that accountants run into everyday while on the job. Each case covers a company or companies and focuses on one of the major themes of the accounting process for that company. Along with this it also gives us a set of scenarios to discuss. These scenarios forced me to dive deeper into the financial statements to see how this is related to the United States generally accepted accounting principles. These cases go far beyond the everyday …


Financial Accounting Fundamentals: A Series Of Case Studies, Sidney Barrett Albritton 2019 University of Mississippi

Financial Accounting Fundamentals: A Series Of Case Studies, Sidney Barrett Albritton

Honors Theses

Financial accounting is an area of study that encompasses a variety of topics and concepts. Understanding these concepts, both in theory and in practice, allow professionals and future professionals to have a firm foundation in the work they are expected to do. In order to develop this firm foundation of financial accounting, a series of case studies was completed. These cases covered concepts such as revenue recognition, shareholders’ equity, debt financing, and the like. Each case consisted of qualitative/quantitative information from a real company and a series of questions that allowed the student to explore the concepts and the intricacies …


A Comprehensive Review Of Accounting And Financial Reporting Principles, Nicholas Egorshin 2019 University of Mississippi

A Comprehensive Review Of Accounting And Financial Reporting Principles, Nicholas Egorshin

Honors Theses

The following Thesis is comprised of twelve case studies that were completed over one year in the course ACCY 420. This course, led by Dr. Victoria Dickinson, challenged students to dive deeper into accounting concepts and principles through the analysis of financial statements presented from real companies. The companies analyzed do business in a variety of industries and disciplines, so students were able to see the accounting process through a multitude of lenses. Some companies examined used foreign currency and adhered to International Accounting policies, so analysis and critical thinking skills were necessary in truly understanding the significance of the …


A Compilation Of Accounting Case Studies And Analyses, Madison Huey 2019 University of Mississippi

A Compilation Of Accounting Case Studies And Analyses, Madison Huey

Honors Theses

Over the course of two semesters I completed twelve case studies under the direction of Dr. Victoria Dickinson. Each of those cases is presented here to serve as my Honors Thesis. They are accompanied by brief analyses to show my understanding of each topic covered in the case. In addition to the completion of case studies, I also had the opportunity to attend twelve presentations from Big 4 firms. During these presentations, I learned the values of each firm and had the opportunity to network with professionals from each firm. Furthermore, I participated in two case competitions, during which I …


A Comprehensive Analysis Of Cases In Financial Accounting, Anna Lapayeva 2019 University of Mississippi

A Comprehensive Analysis Of Cases In Financial Accounting, Anna Lapayeva

Honors Theses

The thesis constitutes a comprehensive analysis of various cases in financial accounting. The topics included investment decisions, income statement, property, plant, and equipment valuation, accounts receivable, allowance for doubtful accounts, research and development, data analysis, interest bonds, stock and dividends, securities, income taxes, and revenue recognition. The GAAP standards for the subjects include many options that can be used, and accounting will be significantly different dependent on the choice the firm will make. The research highlighted the respective differences in the methods and thoroughly explained the reasonings behind the chosen methods in cases. Topics were investigated over the course of …


Comprehensive Analysis Of Financial Reporting Through Case Studies, Griffin Anderson Clark 2019 University of Mississippi

Comprehensive Analysis Of Financial Reporting Through Case Studies, Griffin Anderson Clark

Honors Theses

This thesis covers both fundamental and nuanced issues relating to accounting and, more specifically, financial reporting. These issues range from cash flow analysis to bank auditing opinions. The thesis is a compilation of twelve case studies assigned by Dr. Victoria Dickinson in the Professional Research and Development Program. From a broader perspective, the insight gained through this thesis is primarily concerned with how the three fundamental financial statements, the balance sheet, income statement, and statement of cash flows interact with one another within a given fact set. Transactions, estimates, and adjustments can influence all three financial statements, changing how financial …


Auditing Standards Board (Asb) Meeting Highlights January 14-17, 2019 La Jolla, Ca, American Institute of Certified Public Accountants. Auditing Standards Board 2019 University of Mississippi

Auditing Standards Board (Asb) Meeting Highlights January 14-17, 2019 La Jolla, Ca, American Institute Of Certified Public Accountants. Auditing Standards Board

Association Sections, Divisions, Boards, Teams

No abstract provided.


Accounting For Goodwill: The Effectiveness Of Amortization And Impairments Before And After Asc 350, Jessica Cruz 2019 Claremont Colleges

Accounting For Goodwill: The Effectiveness Of Amortization And Impairments Before And After Asc 350, Jessica Cruz

CMC Senior Theses

Prior to the implementation of FAS 142 in 2002, goodwill was amortized annually. Now, companies with goodwill on their books must test it annually for impairment. This paper examines the effectiveness of goodwill amortization and impairment of goodwill both before and after the adoption of FAS 142 by analyzing their effect on abnormal stock returns. My results regarding the effect of goodwill amortization on stock returns are inconsistent, suggesting that goodwill amortization is not useful in determining the value of a company. My results also suggest that the stock market anticipates goodwill impairments before they are announced.


Investigating The Impact Of Publicly Announced Information Security Breaches On Corporate Risk Factor Disclosure Tendencies, Sandra J. Cereola, Joanna Dynowska 2019 James Madison University

Investigating The Impact Of Publicly Announced Information Security Breaches On Corporate Risk Factor Disclosure Tendencies, Sandra J. Cereola, Joanna Dynowska

Journal of Cybersecurity Education, Research and Practice

As the reported number of data breaches increase and senators push for more disclosure regulation, the SEC staff issued a guidance in 2011 on disclosure obligations relating to cybersecurity risks and incidents. More recently, on February 26, 2018 the SEC Commission issued interpretive guidance to help assist public companies prepare disclosures regarding cybersecurity risks and incidents. As reported incidents of cybersecurity breaches occur, investors are concerned about the risks associated with these incidents and the impact they may have on financial performance. Although the SEC staff guidance warns public companies to make timely disclosure, recognizing the threat that cybercrime poses …


An Analysis Of The Financial Reporting Quality Of Early Adopters Of Accounting Standards Update, Asu 2016-02, Hannah D. Eubanks 2019 Columbus State University

An Analysis Of The Financial Reporting Quality Of Early Adopters Of Accounting Standards Update, Asu 2016-02, Hannah D. Eubanks

Theses and Dissertations

In 2016, the Financial Accounting Standards Board updated the way lease transactions are reported. This paper offers insight into the financial reporting quality of the early adopters of Accounting Standards Update on Leases, ASU 2016-02. Methodology modeled after an event study on clawback provisions conducted by Dehaan, Hodge, and Shelvin (2013) aids in the development of the hypothesis and matched-sample event study using restatements and audit opinions as proxies for financial reporting quality. It is hypothesized that the early adopters of ASU 2016-02 will have better financial reporting quality when compared to a control group. Results do not support the …


Measuring The Financial Health Of American Symphony Orchestras, Samantha M. Lulka 2019 University of New Hampshire

Measuring The Financial Health Of American Symphony Orchestras, Samantha M. Lulka

Honors Theses and Capstones

No abstract provided.


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