Product Overview

This material presents students with an opportunity to have another shot at cementing their understanding of the general format of the three basic financial statements, some of the content of those statements, and a few of the basic principles undergirding those statements. The tasks presented in the material are relatively direct and manageable as homework within an hour's time.

Learning Objectives

This material is useful as part of an in-class review of the section of the financial reporting course devoted to the basic format, content, and the building blocks of corporate financial statements. An alternative use is as a handout for students to review at their leisure to cement some of those same contents. If this latter use is employed, instructors may want to post the solutions for student access.