This paper surveys the current landscape of accountancy following U.S. Generally Accepted Accounting Principles through a series of twelve case studies spanning different areas of financial reporting, taxation, financial statement analysis, and research. Several cases involve research using sections from the FASB Codification, financial statement analysis using ratios, and commentary on the impact from the perspective of users of financial statements. The cases span several areas of financial accounting including leases, stockholders equity, inventory, and deferred tax assets/liabilities in order to offer a broad perspective on the current landscape of financial reporting through individual, focused cases.
The cases within this paper were facilitated through the Accountancy 420 course, instructed by Dr. Vicki Dickinson. Accountancy 420 is a Sally McDonnell Barksdale Honors College Course housed in the Patterson School of Accountancy. The course met once each week throughout the academic calendar year in order to guide progress through the cases and provide feedback on each response