Identify a role to assume in an analysis of a presented case
Assess the financial reporting landscape, considering the user needs, constraints, and business environment
Identify the issues contained in a presented case
Analyze the issues (qualitatively and quantitatively) in a presented case
Provide a recommendation and conclusion based on a sound analysis of a case
Instructions
Individually, review the case, which can be purchased using the following link from Ivey Publishing: https://www.iveycases.com/ProductView.aspx?id=101830
Leverage the Intermediate Managerial Accounting textbook.
Develop a formal response to the problem(s) posed in the case, addressing the following areas within the analysis and using the same headings.
Introduction/Issue identification
Prepare a cost of goods sold statement for Harsh Electrical
Considering Harsh Electrical’s product and period costs, create a projected income statement for the calendar year 2014.
Calculate Harsh Electricals’ Break Even Point (BEP) in terms of units and volume
Calculate the number of units that Harsh Electricals must sell to match the level of profit earned in financial year 2010-2011.
Summarize the case and conclude, including the integration of qualitative factors of the decision
Marks will be assigned based on completing the objectives (noted above).
There is no set length to the report, but clear, succinct, and concise language and organization will be considered favourably in the grade.
Please submit the final report as a Word document to the submission link in the assignment page that will be available in Unit 11.
Evaluation
Exam Part II: Case Analysis will be marked in its entirety out of 100. The following rubric indicates the criteria students are to adhere to, and their relative weights to the assignment overall.