Examine how accounting standards impact financial measures.

develop an ability to identify and assume an assigned role.
• Ability to work on real data and apply financial accounting analyses on real problems.
• Identify accounting issues (GAAP/IFRS compliance issues), assess their implications, generate alternatives, and provide recommendations within the bounds of GAAP/IFRS to meet the client’s needs.
• Examine how accounting standards impact financial measures (ratios, covenants, etc.).
• Prepare a coherent report and integrated analysis that meets specific user needs.
Instructions
In order to complete your case analysis successfully, you should consider
• identifying the role you are playing and the tasks you need to perform,
• analyzing the issues (qualitatively and quantitatively),
• providing a solution to the problem, and
• recommendation for each issue identified in the case.