Accounting Commons^™

Principles Of Accounting And Financial Reporting: A Case Study Compilation, Olivia Duke

Honors Theses

The following case studies are a demonstration of knowledge regarding proper accounting procedures in accordance with Generally Accepted Accounting Principles (GAAP) as set by the Financial Accounting Standards Board (FASB). This thesis examines the various treatments of different areas of accounting as well as how a good accountant should carry himself or herself in the professional environment. Each case study presents a different set of solutions regarding various concepts crucial to the understanding of accounting as a subject that with which professionals should be familiar upon entering the workplace. The case studies were completed under the direction of Dr. Victoria …

A Study Of Financial Reporting Principles Through Analysis Of Case Studies, Daniel Cooper Hoskins

Honors Theses

The following thesis provides twelve solutions to case studies on various financial accounting standards. These standards are in agreement with Generally Accepted Accounting Principles (GAAP) as set forth by the Financial Accounting Standards Board (FASB). In conjunction with the topics learned in Intermediate Financial Accounting I and II, each case focuses on a separate area of financial reporting. Each area is then applied and analyzed within a specific company. The thesis displays understanding of major accounting principles, financial statement preparation and analysis, and current topics in accounting. The case studies were completed with the direction of Dr. Victoria Dickinson under …

An Analysis On Applications Of Contemporary Financial Accounting Topics, Audrey M. Dames

Honors Theses

This thesis is composed of twelve independent case studies, each focusing on a different topic in financial accounting. These cases were completed over the course of a year under the instruction of Dr. Dickinson through the Honors Accountancy Independent Study course. To develop this thesis, I examined the information provided in every case study and performed independent research to analyze each unique accounting topic. In addition to independent analysis, the cases were reviewed in collaboration with other students in the Independent Study course, promoting discussion of varying opinions on contemporary accounting theories. The subject matter of the cases ranged from …

An Analysis Of Accounting Principles As Seen Through Case Studies, Brooke Baumgardner

Honors Theses

This document represents the work done over the course of a year under the direction of Dr. Victoria Dickinson in Professional Research and Development Thesis Program at the University of Mississippi. The purpose of this program is to allow students who plan to work in a professional field to complete a thesis which is more applicable to their future endeavors than a traditional thesis. The twelve case studies that are completed and represented within this thesis were chosen to cover a variety of accounting topics that are similar to what students entering this field will see on a day-to-day basis. …

An Analysis Of Accounting Concepts Through A Comprehensive Series Of Case Studies, Colin Baker

Honors Theses

This thesis is a compilation of 10 case studies completed under the direction of Dr. Victoria Dickinson during the ACCY 420 course over two semesters to satisfy the requirements of the Sally McDonnell Barksdale Honors College. Each case guides the study of different accounting standards. These include topics such as contingent liabilities, retirement obligations, non-GAAP financial reporting, financial statement analysis, and more. The case topics often coincided with subjects that were being covered in intermediate, audit, and tax accounting. These cases provided an opportunity to learn how to do independent accounting research in FASB codification. Each case exposed me to …

The 2017 Tax Cuts And Jobs Act: Analyzing Its Financial Impact On Division I Universities, Judge Nash Mcwithey

Honors Theses

The Tax Cuts and Jobs Act has had a substantial impact in the United States since its inception in 2017. This tax code overhaul has had a profound effect on the way Division I universities operate their athletic department operations and fundraising efforts. By creating new channels of federal tax revenues and eliminating deductions, such as the “80/20” premium seating deduction that has been used by universities, athletic programs have already begun to see a shift in how they must operate. This modification is done in order to avoid any major repercussions from the new tax code. This thesis discusses …

An Analysis Of The Fundamentals And Professional Applications Of Financial Accounting, Ella Jayne Stone

Honors Theses

This work is a series of case studies examining key theoretical concepts in financial accounting and their professional applications. Each case study focuses on a different significant accounting topic that, when considered together, create a single, complete analysis of items and events that are represented within financial accounting practices. This is achieved through analysis of financial statements, the accompanying notes to the financial statements, and information gathered from relevant press releases. Additionally, this work examines professional elements of the accounting field. The research and analysis conducted within this work was completed in conjunction with formal accounting education courses which helped …

Comprehensive Case Studies Of Financial Reporting Principles And Professional Development Topics, Caroline Bailey

Honors Theses

The purpose of this paper was to investigate financial reporting and professional development topics through the analysis of twelve original cases. The following case studies were completed over the course of a nine months in an independent study class in fulfillment of the requirements of the Sally McDonnell Barksdale Honors College, under the direction of Dr. Victoria Dickinson. Topics looked at included, but were not limited to, data analytic software, the creation of basic financial statements, treatment of various types of debt securities sales, and capitalization v. expensing of costs. Each case study introduced a new topic centered around a …

Case Studies On Special Topics In Accounting, Anna Stephens

Honors Theses

This thesis is a collection of twelve different case studies that investigate various accounting concepts and financial issues. During the fall of 2019 and the spring of 2020, I compiled my thesis under the direction and guidance of Dr. Dickinson. The cases cover a variety of topics that include personal opinions on world-wide financial topics, interviews of current professionals in the field, and analyses of different scenarios. Each case study is independent of one another, but together they demonstrate a comprehensive understanding of the accounting curriculum. These cases further developed my technical skills and enhanced my understanding of accounting concepts …

Product Realization Capstone: Element Proof Safety Steps For Willie Price Lab School, Catherine Thomas, Allan Heuerman, Jared Mumme

Honors Theses

The purpose of this document is to describe the process we took to complete our capstone which paired the Center for Manufacturing Excellence with the Willie Price Lab School. The goal of the capstone was to remake step stools for the students of Willie Price, as the last stools failed to withstand weather damage. However, with the COVID-19 pandemic, plans were hindered, shifting the goal from actually producing the steps to creating instructions so that a younger Center for Manufacturing class could complete the production at a later date. Standardized Work Instructions, a detailed production plan, and engineering drawings were …

An Examination Of Accountancy Case Studies, Joshua Cathey

Honors Theses

This thesis explores topics that are relevant to the profession of accounting, specific to the experience of a young professional in public accounting. Topics vary from exploration of tools used to analyze data, research into which city would be a good place to start a career, as well as relevant regulatory legal issues. The cases required a mixture of research as well as problem solving to obtain an understanding of the issues at hand. This research aided my ability to perform in front of accounting professionals at case studies that were hosted on campus. Through this research I decided on …

A Comprehensive Review Of Accounting Topics Through Case Studies And Analysis, Delaney White

Honors Theses

This thesis encompasses the information gathered through a series of twelve accounting case studies that I completed throughout the 2018-2019 school year. These case studies explore various accounting theories and concepts within financial reporting and accounting as well as situations that I may find myself faced with in the short term. The case studies required the application of concepts learned over several accounting courses to realistic scenarios and real-life examples and the development of skills to analyze software and complex accounting transactions.

The case studies included topics such as accounting for contingencies, joint venture and equity method investments, pension accounting …

A Study Of Key Accounting Principles For Financial Reporting Through Analysis Of Case Studies, Brent Austin Thomas

Honors Theses

The following thesis is a compilation of the solutions and analyses derived from twelve different case studies covering a variety of topics related to financial accounting standards in accordance with the Generally Accepted Accounting Principles as set forth by the Financial Accounting Standards Board. These case studies demonstrate how key accounting principles studied in academia are adapted into practice by businesses for financial reporting. Through the case studies, the real-world presentations of financial statements are analyzed in order to establish a knowledge of the current accounting climate and promote understanding of specific accounting topics. The case studies were completed under …

Financial Accounting Principles: A Collection Of Case Studies, Jamison Payne

Honors Theses

This research paper was developed over the course of two semesters under the instruction of Dr. Victoria Dickinson in the honors course ACCY 420. Each week for twelve weeks, we received a case study with various research topics and questions that we were to answer during the course of the week. Each study required us to research a different accounting topic, such as the Generally Accepted Accounting Principles (GAAP), internships, and financial statements, that helped further our knowledge on the subjects involved. During this course, and in the creation of this research paper, my knowledge of accounting topics grew to …

An Exploration Of Financial And Accounting Principles And Methods, Stephanie Green

Honors Theses

This collection of case studies and text is a culmination of the twelve case studies assigned by Dr. Victoria Dickinson over the course of the Professional Research and Development Research Program. This program that is unique to Sally McDonnell Barksdale Honors College accounting students at the University of Mississippi, and it encourages the student to engage with the topic matter of accounting, taking a holistic view of what they are simultaneously learning in other courses. Each case examined a different issue or accounting method that ultimately expanded students’ knowledge and better prepared them for their future careers. The case study …

Accounting Issues: An Examination Of Professional And Academic Accounting Topics Through Case Studies, Reynolds Spencer

Honors Theses

The following thesis investigates prevalent topics to the accounting profession and academia. The thesis is comprised of twelve case studies performed over the course of eight months related to problems facing the accounting profession, things to consider when entering the profession, and analysis of existing and fictitious companies. The backgrounds for case studies two, six, seven, eight, nine, ten, and twelve were provided by Cases in Financial Reporting by Michael Drake, Ellen Engel, Eric Hurst, and Mary Lea McAnally, as presented in the works cited page. Case study four’s background was provided by Dr. Brett W Cantrell. All other case …

The Book Of Twelve Accounted For Cases, Ty Craig

Honors Theses

This thesis is comprised of twelve case studies. The case studies were completed in conjunction with Professor Dickinson's ACCY 420 course. Each case is independent and has its own abstract.

A Comprehensive Review Of Accounting Through Case Studies, Adam Weekley

Honors Theses

The following thesis includes my responses to a variety of case studies discussing the fundamental principles of accounting. These are in line with the Financial Accounting Standards Board’s Generally Accepted Accounting Principles. This thesis displays the application of a variety of said accounting principles to specific companies and how these principles apply to the decisions firms make every year. Throughout the 2018-2019 school year, under the direction of Dr. Victoria Dickinson, these cases were thoroughly completed and reviewed in accordance with the requirements of the Sally McDonnell Barksdale Honors College.

A Study Of Financial Accounting Principles Through Analysis Of Case Studies, John Parker Crane

Honors Theses

This thesis is a compilation of twelve case studies performed throughout the 2018-2019 academic year under the direction of Dr. Vicki Dickinson. Each case study focuses on an aspect of the accounting world ranging from the current shift to data analytics to various financial accounting principles.

An Analysis Of The Principles Of Financial Reporting And Their Applications Through The Use Of Case Studies, Thomas Fowlkes

Honors Theses

The following thesis is a collection of case studies that were completed during two semesters of enrollment in Accounting 420, directed by Dr. Victoria Dickinson. It is presented as a fulfillment of the requirements for the University of Mississippi, the Sally McDonnell Barksdale Honors College, and the Professional Research and Development Thesis Program. While each of the twelve cases is different, they all provided a significant contribution to my own personal understanding of the principles of financial reporting and how those principles apply to the accounting profession. Each week of the thesis course, I would receive a different set of …

Investigating The Effects Of Tax Cuts On Capital Expenditures As An Alternative To Restore The United States Economy From The Covid-19 Pandemic, Carlos M. Parodi

Honors College Theses

The Corona Virus has interrupted several years of strong economic expansion in the United States. In fact, it has disrupted the lives of every single person and organization in the world. After reaching its peak in mid-April, the rate of cases and related deaths has finally started to slow down. The U.S. Government passed three different pieces of legislation to address the effects of the virus. It is now considering legislation (referred to as Phase IV) to accelerate the return of the U.S. economy to its pre-pandemic level. Studies have shown that capital expenditures have been essential during periods of …

A Tale Of Two Cities, Maybe Three A Look At Financial Literacy And Economic Development In Three Mississippi Cities: Fulton, Clarksdale, And Oxford, Kellie Reed Cleveland

Honors Theses

This paper explores the backbones of economic growth and how the backbones influence economic development in three cities in Mississippi. It further seeks to promote education in financial literacy throughout the state to create a base for individuals to further their financial education, create small businesses, or to simply be a knowledgeable citizen. The research sifts through backbones such as population health and small & big business influence, to explore how financial literacy influences daily life and the catalyst for businesses to start and grow. The Mississippi cities Fulton, Clarksdale, and Oxford are studied more in-depth through photos of the …

Accounting Research And Professional Development, Ragan Riley

Honors Theses

This paper is a compilation of various accounting studies assigned by Dr. Victoria Dickinson throughout a yearlong professional development course for accounting. During each of the twelve cases, the student was required to identify accounting principle problems within the cases, research proper accounting practices, and critically think through how these situations should have been handled in order for these companies to be in accordance with GAAP. There were also cases that facilitated decision making for students in their future career such as location decisions and articles regarding current accounting problems. This course allowed students to network with peers and accounting …

The Evolution Of The Auditor And Auditing Profession: The Impact Of The Sarbanes-Oxley Act Of 2002, Kylie Pollack, Scott Delanty

Honors Thesis

The Sarbanes-Oxley Act of 2002 (SOX) was arguably the most influential piece of legislation passed to affect the accounting profession. Over the past nearly two decades since SOX was enacted, the auditor and auditing profession has evolved. The public’s perceptions of auditors and the profession have improved as a result of major legislation such as the Sarbanes-Oxley Act of 2002. This paper explores the evolution of the auditor and audit profession over the course of three different time periods to understand the function of the auditor. This paper is broken down into four major components. First, this paper explores what …

Open Meeting Minutes, May 5, 2020, American Institute Of Certified Public Accountants. Professional Ethics Division. Professional Ethics Executive Committee

Association Sections, Divisions, Boards, Teams

No abstract provided.

Open Meeting Agenda, May 5, 2020, Virtual, American Institute Of Certified Public Accountants. Professional Ethics Division. Professional Ethics Executive Committee

Association Sections, Divisions, Boards, Teams

No abstract provided.

A Study Of The Product Development Process For The Transparent Kitchen Knife Block, Benjamin Payne

Honors Theses

The purpose of this document is to summarize the research and planning, design, market evaluation, cost analysis, and production process for a kitchen knife block. The team began by researching multiple knife block designs and evaluating what strengths and weaknesses existed with the basic models that are currently offered in different marketplaces. After collecting data on material costs and discussing different design features, the team created a survey in order to gauge consumer preferences and gain a better understanding as to what features and price point the average customer would consider purchasing. The resulting information was used to create an …

Amendment To The Effective Dates Of Sas Nos. 134–140; Statement On Auditing Standards, 141 (May 2020), American Institute Of Certified Public Accountants. Auditing Standards Board

Statements on Auditing Standards

No abstract provided.

Managing The Going Concern Risk In An Uncertain Environment An Analysis Of Regulatory Guidance And Financial Relief For The Covid-19 Pandemic, Nicholas C. Lynch, Michael F. Lynch, Charles Cullinan

Accounting Department Faculty Journal Articles

manufacturing company Regal Beloit reports that it has drawn $255 million on its line of credit, even though it "has a strong balance sheet and does not currently intend to use the borrowed proceeds, but believes an abundance of caution regarding its cash position is prudent at this time." Management's Responsibility The responsibility to prepare financial statements on a going concern basis under U.S. GAAP and the International Financial Reporting Standards (IFRS) falls on management. Managers must look forward for a "reasonable period of time," defined as 12 months from the financial statement issue date or 12 months from the …

A Case Study On Whether A Business Should Own Or Lease Its Real Estate, Benjamin Cooper

Finance Undergraduate Honors Theses

Businesses are continually faced with many difficult decisions to make daily that can have a significant impact on their success. Whether it is if they should adopt a new accounting practice, work with a new supplier, or push into a new consumer sector, these decisions will affect their operations and long-term plans. One of these major decisions that a business has to make is whether they should own or lease their real estate. Depending on the size, type, and scope of a business this decision could be made differently but for certain companies there is definitely a correct answer. Buying …