This case presents the perspective of a board member who is concerned with environmental issues. Students must decide how such concerns affect (if at all) their financial concerns for the company. All four cases in the series may be used together as part of an introductory audit course within...

The C case presents the perspective of a board member who is concerned with the competency of top management. Students decide how such concerns impact (if at all) their financial concerns for the company. All four cases in the series may be used together as part of an introductory audit course...

This case extends the A case discussion to include the perspectives of a writer for an industry trade publication who is an expert in the products and product markets. Students consider an industry's product market environment and how it might influence one's thinking about a particular...

The unexpected death of Richard Connor, founder, controlling shareholder and chairman of the publicly traded Peerless Paint Company, created a number of problems for the outside directors on the board. Who should now be leading the company forward? How should the outside board members address...

A continuation of the A case (UVA-C-2088), the B case is written from the perspective of an investment adviser trying to decide whether to hold or sell a block of Crown stock. This case can be used to generate a discussion about identifying questions that should be raised in evaluating a stock...

Pat Coleman, new audit partner on the Computer Peripherals account, was feeling the pressure. The company's CEO insisted that the audit be completed by the following week, but Pat wondered whether issues the audit raised, such as increases in receivables and inventories, had been sufficiently...

This case affords a classroom discussion highlighting the importance of understanding the financial market's signals regarding a company when trying to assess the financial statements and viability of the company. The case is a disguised SEC enforcement action. Topics pertinent to the discussion...

This short case challenges students to review an array of corporate financial metrics and to match them to one of 13 listed industries. As such, students must use their intuition and common sense pertaining to the distinctive characteristics of, and the key differences between, the 13 named...

This case challenges students to apply financial reporting concepts pertaining, most notably, to liabilities and expenses in a specific corporate situation. In the context of an interesting, but noncomplex, technical accounting issue, students debate the best way for Adenosine Therapeutics to...