Business Case Studies & Business Publications

Dog Concierges, LLC: Transaction Analysi...

Haskins, Mark E.

Case

Dog Concierges, LLC: Transaction Analysis and Statement of Cash Flows Preparation

Haskins, Mark E.

C-2297 | Published July 28, 2009 | 9 pages Case

Collection: Darden School of Business

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This case is appropriate in a MBA module for the accounting process and is also an excellent exam case. It provides a diagram of the three basic financial statements (balance sheet, income statement, and statement of cash flows) used to capture, codify, and communicate the effects of a series of typical business events. The case also gives students the opportunity to prepare a simple statement of cash flows using two sequential balance sheets and to work backward from a balance sheet and statement of cash flows to craft the beginning of the year's balance sheet.

Acquaint students with the accounting process in simple terms Provide the foundational equation of Assets = Liabilities + Owner’s Equity Help students to prepare a simple cash flow statement using two sequential balance sheets