Developing Students' Technical Knowledge and Professional Skills: A Sequence of Short Cases in Intermediate Financial Accounting

Abstract

Presented in this manuscript is a series of three cases that require students to research, analyze, and write about emerging financial accounting issues or extensions of existing technical pronouncements. Specifically, the cases focus on accounts receivable valuation, environmental liabilities reporting, and the accounting for purchased in-process research and development. Throughout the three-case sequence, the complexity of the technical accounting issues and the research, analytical, and written communication requirements are gradually increased in order to facilitate the development of students' technical knowledge and professional skills.

JEL Classification: M41, M44, A22