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Case Set Faq

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Case Set Instructions

Which cases do I complete, and when is each case set due?

See the syllabus.

How do I prepare the cases?

Start with a cover page that provides class information (ACCT 4400, etc.) and the names of all team members. The cover page should also include the specific cases or parts of cases completed by each team member along with any reviewing responsibilities. The answers to the three cases in each case set must follow the order listed in the syllabus.

All materials must be typed double-space using Times New Roman, 12-point font with 1 inch margins on all sides. There are exceptions to this rule: * Tables produced in Excel used as audit work papers and/or to show calculations do not have to be double-spaced. These tables must be copied and pasted into your write-up at the appropriate locations. * Table notes can be in 10-point font and do not need to be double-spaced. For an example, see Case Assignment 2-3.

References are important so that a writer does not plagiarize (pass another person’s thoughts or words as her/his own). All references must be cited in the text and included in a reference list at the end of each case. Examples include the AICPA Code of Conduct, Auditing Standards, SEC statements, practitioner journals, web sites, and the textbook. You do not need to reference class notes or your own thoughts. To format references, use any of the three generally accepted methods: APA, Chicago, or MLA. The Purdue Online Writing Lab offers free guidance on these methods at http://owl.english.purdue.edu/owl/section/2/.

How do I access appropriate technical standards?

* Public company auditing standards are available at no charge on the PCAOB’s web site. * Auditing standards for certain other entities are available at no charge on the AICPA’s web site. * Relevant SEC publications are available at no charge on the SEC’s web site. * Financial accounting standards are available from the FASB via the American Accounting Association web site at http://aaahq.org/ascLogin.cfm. You will need the following credentials:

User name: AAA52254
Password: Qmu24UU

How do I prepare the hard-Copy (paper) version?
Cases must be submitted in hard-copy (paper) format, stapled. Do not use paper clips. If possible, print on both the front and back of individual sheets of paper. If a case question divides into parts a, b, etc., show each part in your answers. Answer the questions in the order they are presented in the case assignments.

How do I prepare the TurnItIn (electronic) version?
Cases must also be submitted electronically through TurnItIn, an online tool available to faculty at UNT to help detect academic misconduct. Students are required to submit written assignments for this class to Turnitin, a web-based plagiarism detection service. Before submitting your paper to Turnitin, please remove your title page and other personal information. Any paper that is not submitted to Turnitin prior to submission to the instructor will not be accepted by the instructor and will not be graded.

You must submit your cases to TurnItIn using Blackboard Learn. To do this, log on to Blackboard Learn, enter our class page, and click the link for Course Content on the left. On the Course Content page, click to View/Complete the appropriate assignment, and begin the process of uploading your assignment. Only one team member should submit each case.

How are the 50 Points per Case Set Allocated?

A professionalism component is 5 points, and includes appearance, formatting, using appropriate question numbers, appropriately citing references, etc. Each case is worth 15 points unless your team has two members instead of three.

What do I do if my team has two members instead of three?

This happens sometimes because of enrollment. If your team has two members, you need only complete two cases per case set. For teams of two students, each of the two cases is worth 22.5 points.

For Case Set 1, complete Cases 1-2 and 1-3. For Case Set 2, complete 2-1 and 2-3. For Case Set 3, pick the two you want to complete.

What if my team members do not carry out their responsibilities?

Each team member initially receives the same grade on each case set, and there is a peer review process near the end of the semester that is used to evaluate your teammates. Every student must turn in the peer review individually, separate from Case Set 3. The peer review is required even if you had no disputes within your team. Failure to submit the peer review will result in a 5-point deduction to your Case Set 3 grade. You will complete peer reviews online using a link I will provide later in the semester. Peer reviews are due on the same day as Case Set 3.

If I believe there are significant problems within a team based on peer reviews, I will provide each team member an opportunity to explain the situation in a one-on-one meeting with me. Based on this process, your individual grades might be adjusted.
What happens if my team turns in a Case Set late?

As stated in the syllabus, each student on the team will receive a zero for that Case Set.

Do I need to support the answers in my write up?

Absolutely. Simply answering yes/no is unacceptable. When you type your answers, be sure you support whatever position you take. For example, the independence case requires you to choose a position and support whether you believe the public accounting firm is independent or not. Reach a conclusion and provide adequate support for that conclusion using sources such as professional standards, practitioner literature, and the textbook.

What if I think there is no “right answer” or more than one “right answer”?

There is subjectivity within both auditing and financial accounting standards and the case sets reflect that reality. Therefore, it is important for auditors to apply professional judgment and support their decisions. For example, the allowance for doubtful accounts is an estimate that requires professional judgment to establish and audit. Different professionals can legitimately disagree on valuation of estimates. This is one reason it is critical to support your positions.

What constitutes academic dishonesty/misconduct and how will it be handled?

Academic dishonesty/misconduct includes, but is not limited to: * Working with students outside your team * Having access to any solutions manuals or other published solutions materials beyond the textbook solutions I have provided in Blackboard Learn * Having access to current and former students’ work (the only students you should discuss each case with are your teammates) * Plagiarism

Penalties for academic dishonesty/misconduct may extend to the entire team.

What are some acronyms we frequently use in this class, and what do they mean?

AC = Audit Committee
AICPA = American Institute of Certified Public Accountants
ASC = Accounting Standards Codification − financial accounting standards organized by topic
AU = AICPA Auditing Standards Codification, organized by topic
BOD = Board of Directors
FAS = Financial Accounting Standards − financial accounting standards in chronological order
FASB = Financial Accounting Standards Board
GCO = Going Concern Opinion
PCAOB = Public Company Accounting Oversight Board
SAB = Staff Accounting Bulletin (issued by the SEC)
SAS = Statements on Auditing Standards; AICPA standards (AU) in chronological order
SEC = Securities and Exchange Commission

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