Honors Theses

Date of Award

2017

Document Type

Undergraduate Thesis

Department

Accountancy

First Advisor

Victoria Dickinson

Relational Format

Dissertation/Thesis

Abstract

Throughout the 2015-2016 school year, I completed several different cases within the realm of financial reporting and accounting. The purpose of this research was not only to familiarize myself with financial reporting methods but also to take a deep dive into the intricacies of financial statements. Thus, this thesis paper will look vastly different than most theses submitted to the Honors College, for it covers a broad range of topics rather than honing in on just one area. The cases range from private companies to public companies, some domestic and some international. Throughout my research, one will find that any problem, no matter how small, has the ability to affect financial statements in its own particular way. The method for research was really quite simple. Upon receipt of the case of interest for that week, I started by taking a deeper look at the situation and the financial statements by critically reading all of the provided materials. Once this was complete, I sought to understand the situation by forming opinions and ideas about the company in question, and through deep analysis, formulated a resolution to each question. All of this work was done in a group setting with the other individuals who are both accountancy majors and in the Honors College. We were able to bounce ideas off of our partner for the week, which became an immensely helpful aspect of the process, as I was able to gain new perspectives on items that I might not have totally understood. With each case that was turned in, an accounting firm came in to speak to us on the topic for which the class had undertaken for that two week span. This expanded the research even further as it allowed for professionals to share their opinion on the subject matter, sometimes giving an immensely different perspective than the popular opinion. The result of this process was an independent body of work that touches many of the major points of financial reporting, giving the reader a broad perspective of popular accounting issues.

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