A new text entitled "Case Studies in Advanced Financial Reporting", has just been co-authored by John Casey and Clare Kearney, lecturers in Accountancy in the Department of Accounting and Economics in the School of Business at WIT. The book is published by Chartered Accountants Ireland (2012).
The book is designed for students on financial reporting modules of Masters in Accounting programmes and for students studying for the later stages of the financial reporting examinations of the professional accounting bodies, this new textbook presents a series of case studies, with detailed and comprehensive solutions, showing how to apply the principles of international standards of financial accounting to companies in real-world situations.
Key features of the text include:
Case studies are structured in a multi-layered format so that students can learn to identify the pertinent issues.
The cases simulate ‘real life’, based on the authors’ observations of business practice. In practice, accounting standards are not applied individually and the instruction reflects this.
A guidance note is provided to help students through each case study.
First three case studies are intermediate level, allowing introduction to the case study method with familiar material.
Two versions of the solution to each case study are provided: a comprehensive, detailed version and a highlighted ‘key elements’ version, indicating a briefer, ‘examination acceptable’ solution.
For instructors, this book provides a block of cases to use in lectures to illustrate the application of accounting standards. The structure of the case studies allows one to either ‘dip in and out’ of individual cases to illustrate particular aspects, or work through a case study in its entirety.
John Casey is a Fellow of Chartered Accountants Ireland and lectures at Waterford Institute of Technology (WIT), where he is programme director for the MBS in Accounting. He has a BComm and an MSc in Finance and previously worked as an auditor with PwC. John has served as an examination moderator for the professional accounting institutes. He is a former committee member of the Irish Accounting and Finance Association (IAFA) and is currently a member of the AIB Centre for Finance and Business Research at WIT.
Clare Kearney is a Fellow of Chartered Accountants Ireland and lectures at Waterford Institute of Technology (WIT). She has a BSc(Mgmt). Clare trained as an accountant with Deloitte and worked as a financial trainer before joining WIT. She has served as an examiner for Chartered Accountants Ireland and has lectured for many of the professional accounting bodies. Clare is also a member of the AIB Centre for Finance and Business Research at WIT.