Honors Theses
Date of Award
Spring 4-30-2021
Document Type
Undergraduate Thesis
Department
Accountancy
First Advisor
Victoria Dickinson
Relational Format
Dissertation/Thesis
Abstract
This thesis is a compilation of case studies conducted over the last year. Each case was used to teach various accounting principles using application. The method used to learn the principles was different for each case. For example, a monopoly board was used to simulate how blockchain works in a way that was easier to understand and in a way that was memorable. Multiple interviews were performed to gain information on a student who had just completed a similar path and a professional in any field to gain knowledge about simply how to be a successful professional. Online research was also conducted for many of the topics discussed. All methods were effective in teaching the lesson of the accounting principle and providing the skills to implement the knowledge in the future. There was no one specific conclusion that was reached through this research, as many different topics were studied. That being said, a specific tax law, the Kiddie tax, was researched as it applies to money received by minors from making a profit via social media, which is becoming more and more important for accountants to understand. Additionally, current events, such as Brexit and the recent update to the fair disclosure regulation were discussed in order to apply the concepts we had learned to real-life events. In summation, a myriad of accounting principles was taught in ways that will be applicable to my future career both professionally and academically.
Recommended Citation
Stershic, Samantha, "A Comprehensive Evaluation of Varying Accounting Principles Using Case Studies" (2021). Honors Theses. 1611.
https://egrove.olemiss.edu/hon_thesis/1611
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