Submission Details
Viewing Submission 65
Ethics in Financial Reporting Methods: The Case of Vontsira, Inc.
Issues in Accounting Education
39
1
02/01/2024
Case study A subtopic related to professionalism/professional skills would be relevant for this case
This case allows students to wrestle with the ethical decisions relating to accounting choices. At issue in this case is the timing of the implementation of the Current Expected Credit Losses (CECL) model standard. The objectives of the case are to help students (1) raise their awareness of the ethical decisions inherent to accounting choices, (2) weigh the validity of different viewpoints and approaches, (3) understand the far-reaching implications of ethical decisions in financial reporting, and (4) practice preparing to effectively advocate their positions in a professional setting. When delivered alongside lessons on accounting for receivables and doubtful accounts, the case can help reinforce the real implications of the judgment involved in estimating bad debt. It is also appropriate for any graduate or upper division undergraduate accounting course in which students discuss ethics and codes of conduct.
Authors:
Keywords:
ethics
Current Expected Credit Losses (CECL)
accounting choice
changes in accounting principle
Topics:
Ethics & Standards
Financial Accounting
Teaching Topics
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No teaching topics found
Sub-Topics
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Judgement & Bias
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Balance Sheet
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Ethics
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Income Statement
Softwares
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No softwares found
Technologies
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No technologies found
Course Level
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Advanced
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Graduate (including MBA)
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Undergraduate
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Intermediate
Case Efficacy
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Indirect Measurement
Indirect Measurement Details:
Student Survey; 3 professionals provided comments on case value
Efficacy Testing
Supplemental Resources
Document Types
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No Document Type Found
Teaching Note Details
Solution Included?
Yes
Grading Rubric Included?
Yes
Illustrated Modality
In-class
Illustrated Case Structure
Class/Project Size
Number of Semesters
1
Number of Students
60-99