Canadian Financial Accounting Cases

Canadian Financial Accounting Cases, 3rd edition has been developed to bridge the gap between the foundational concepts and the real world. Students are introduced to the case study methodology for financial accounting, which focuses on identifying the issue, understanding implications, developing alternatives, and making recommendations. Students must also be able to understand the overall financial reporting landscape and the overall impact of the individual accounting issues. The cases range from introductory level to advanced level and can be used as assignments, exams, or for in-class discussions. The cases have been developed using IFRS (Part I), ASPE (Part II) or ASNPO (Part III) as the accounting frameworks, providing students with exposure to many different types of organizational structures, and have been linked to the CPA Competency Map. Instructors are provided with detailed teaching notes and marking keys that will assist in guiding the class discussions and assessments.

In a global environment of constant change, students learning accounting need to be able to think critically about the issues facing organizations. While accounting textbooks provide the technical foundation, cases reinforce the concepts and challenge students to identify alternatives, and discuss and provide recommendations. The second edition of Canadian Financial Accounting Cases has been developed to bridge the gap between the foundational concepts and the real world. Students are introduced to the case study methodology for financial accounting, which focuses on identifying the issue, understanding implications, developing alternatives, and making recommendations. In addition, one chapter is devoted to debriefing a case study, providing valuable tips for students wishing to pursue accounting designations after graduation. The cases range from introductory level to advanced level and are meant to be used as assignment cases or for in-class discussion. The cases have been developed using IFRS (Part I), ASPE (Part II) and ASNPO (Part III) as the accounting frameworks, providing students with exposure to many different types of organizational structures, and have been linked to the CPA Competency Map. Instructors are provided with detailed teaching notes that will assist in guiding the class discussions.

Managerial accounting gives managers the information they need to make decisions for the future. That’s why managerial accounting and cases are a perfect fit because both focus on future decision-making. While textbooks explain concepts and allow students to master problems, cases go above and beyond. Cases challenge students to critically examine the facts, analyze alternatives from a quantitative and qualitative perspective, and make recommendations. Canadian Managerial Accounting Cases presents cases on a variety of topics at either an introductory or intermediate level of difficulty. There is at least one case on each topic in a typical managerial accounting textbook so that instructors can use the case method throughout their course. Cases are a great way to support learner-centered teaching. Classes become a forum for instructors and students to go beyond lectures and problems by discussing and analyzing the case together. Detailed teaching notes help instructors plan their lessons and facilitate in-class discussions. Students are given a framework for analyzing managerial accounting cases, similar to the framework used in the professional accounting exams, as well as questions to help them in their case analysis. These questions vary in the level of detail so students can grow their case analysis skills. Students learning managerial accounting with cases can see how managerial accounting is used in organizations. They’ll gain experience in examining the facts, analyzing alternatives, and making decisions—all valuable skills no matter where students’ career paths take them.