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Due to the issuance of certain new accounting literature, changes in the status of ongoing projects during the last year, or evolution of practice, addenda have been added to a number of the existing cases. Please refer to the “Addendum” column in the index below to determine if a case has been updated. A link to the 2007 Addenda Summary can also be found at the bottom of this page. Because an addendum may affect the solution for a case study, you should review the updated solutions.

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2007 Case Index

Case Number	Title	Type	Subject	2007 Addendum	Applicable Courses
07-1	Insuring R Losses Case | Solution	Accounting	Identifying indicators of other-than-temporary impairments. Focuses on the judgments in identifying appropriate information for disclosures related to other-than-temporary impairments of equity and fixed maturity investments.	Yes	Intermediate accounting or graduate course.
07-2	Western Aluminum Case | Solution	Accounting	Treatment of changes in accounting principle. Requires a judgment as to the preferability of one accounting method over another when making a change.  Assuming that the change is preferable, it requires calculating the financial statement impact of the change.	No	Graduate course if entire case is used. Could be shortened for use in intermediate accounting.
07-3	Columbia On-Line Networks Part 1 Case | Solution Part 2 Case | Solution Part 3 Case | Solution Part 3 Handout 1 | Handout  2	Accounting	Recognizing revenue in arrangements with multiple elements, accounting for long-term executory contracts, and audit considerations with respect to revenue recognition (with an emphasis on identifying round-trip transactions).	Yes	Intermediate accounting or undergraduate auditing if covering either the accounting or the auditing components of the case independently. Graduate course integrating financial accounting and auditing.
07-4	Murray Compensation Case | Solution	Accounting	Accounting for modifications to share-based payment awards. Requires the calculation of share based payments including the impact of reducing the exercise price.	No	Intermediate accounting or graduate course.
07-5	Springbok Corporation Case | Solution	Accounting	Identifying the accounting literature that applies to long-term incentive plans.	No	Requires research of the accounting literature to determine which literature appropriately applies to long-term incentive programs.
07-6	Graphic, Inc. Case | Solution	Accounting	Identifying and evaluating evidence to determine the appropriate income tax valuation allowance. Requires applying judgment in assessing the evidence that would impact the need for a valuation allowance related to deferred tax assets.	No	Intermediate accounting or graduate course.
07-7	Porky's Revenge Case | Solution	Accounting	Determining the lease commencement date. Focuses on a major issue in accounting for leases, but one which had often not been appropriately applied, resulting in incorrect accounting for many leases.	No	Intermediate accounting or graduate course.
07-8	Hurricane William Case | Solution	Accounting	Accounting for anticipated insurance recoveries. Focuses on the judgments related to accounting for a contingent asset, in this case an insurance recovery.	No	Intermediate accounting.

2006 Case Index

Case Number	Title	Type	Subject	2007 Addendum	Applicable Courses
06-1	Am I In or Am I Out Case | Solution	Accounting	Consolidation (applying FIN46R to multiple scenarios in determining whether an entity is a variable interest entity)	No	graduate
06-2	Convertme, Inc. Case | Solution	Accounting	Derivatives (determining whether or not a convertible contains an imbedded derivative)	Yes	graduate
06-4	Fast Car, Inc. Case | Solution	Accounting	Consolidation (related party lease and determination whether an entity is a variable interest entity)	No	graduate
06-5	Manini Manufacturing Case | Solution	Accounting	Revenue Recognition (revenue recognition in a multiple element sales arrangement)	No	intermediate or graduate – revenue recognition
06-6	Elite Running, Inc. Case | Solution Handout	Auditing	Preliminary Analytical Reviews (identification of client business and industry risks and related industry procedures)	Yes	undergraduate or graduate auditing
06-7	Crazy Computers Case | Solution	Accounting	Deferred Costs (revenue recognition on reinsured extended warranty contracts)	No	intermediate - revenue recognition
06-8	Sell Soon, Inc. Case | Solution	Accounting	Disposal of Long-lived Assets (recognition of costs related to a disposal of long-lived assets)	Yes	intermediate - fixed asset disposal
06-9	Stocks for Cheap Case | Solution	Accounting	Revenue Recognition (revenue recognition with a minimum revenue guarantee)	No	intermediate - revenue recognition
06-10	CheckMate Case | Solution	Accounting	Cash (appropriate accounting for cash disbursements)	No	intermediate - cash transactions
06-11	BlackGold, Inc. Case | Solution	Accounting	Asset Retirement Obligation Accounting Changes (accounting for an asset retirement obligation)	No	intermediate - liabilities
06-12	Outsourcing Services, Inc. Case | Solution	Accounting	Deferred Costs (accounting for upfront contract origination costs)	No	intermediate - expense recognition

2005 Case Index

Case Number	Title	Type	Subject	2007 Addendum	Applicable Courses
05-1	It’s Close Enough, Inc. Case | Solution	Accounting Auditing	Earnings Quality (assessing the appropriateness of the accounting methods chosen by a client and more desirable alternatives)	Yes	integrative case for graduate course
05-2	Minority, Inc. Case | Solution	Accounting	Financial Instruments (joint venture, put option granted to one of the venturers)	Yes	graduate
05-3	CherryPop Case | Solution	Accounting	Consolidation (Application of FIN46R to an interest in a joint venture to determine if it is a variable interest entity)	No	graduate
05-4	Blackout Power Utilities Case | Solution	Accounting	Derivatives (convertible debentures and embedded derivatives)	Yes	graduate
05-5	Guarantees-R-Us Case | Solution	Accounting	Contingencies (FIN45 and accounting for contingencies under financial guarantees)	Yes	graduate
05-6	Centcom, Inc. Case | Solution	Accounting	Consolidation (consolidation in accordance with the guidance under IFRS)	No	advanced or graduate
05-7	Ace Company Case | Solution Exhibit	Accounting	Derivatives (equity instruments with multiple components)	Yes	graduate
05-9	Spend More Case | Solution	Accounting	Stock Compensation (accounting for compensation costs under different stock option arrangements)	No	intermediate - stock options or graduate

2004 Case Index

Case Number	Title	Type	Subject	2007 Addendum	Applicable Courses
04-1	Total Computer, Inc. Case | Solution Examples 1-6	Accounting Auditing	Inventory Audit Confirmation (appropriate audit evidence regarding inventory reserve and accounts receivable amount)	Yes	undergraduate or graduate auditing
04-2	Busy Signals, Unlimited Case | Solution	Accounting	Cost Capitalization Deferred Costs (appropriateness of capitalizing/and deferring training costs)	No	intermediate - expense recognition
04-3	Home Computer, Inc. Case | Solution	Accounting	Impairment Issues (testing for, and reporting of, impairment of long-lived assets)	Yes	intermediate - fixed assets
04-4	Three Little Pigs, Inc. Case | Solution	Accounting	Inventory (assessing and reporting of impairment of inventories - LOCOM)	No	intermediate - inventory valuation
04-5	Alchemist, Inc. Case | Solution	Accounting	Restructuring Charges (accounting for costs related to disposal of a line of business)	No	intermediate - fixed asset disposal
04-6	Power Station Case | Solution	Accounting	Lease Accounting	No	intermediate - leases
04-7	Lighthouse Case | Solution	Accounting	Revenue Recognition (for a product and related services)	No	intermediate - revenue recognition
04-8	Drug King Case | Solution	Accounting	Derivatives (accounting for assets transfers with related puts and calls)	No	graduate
04-9	Healthcare Depot Case | Solution	Accounting	Goodwill Impairment Issues (goodwill impairment and identification of reporting units)	No	intermediate - intangibles or graduate
04-10	Cashless, Inc. Case | Solution	Accounting	Debt (accounting for both the costs related to the issuance of convertible debt and the impact of a contingent put)	Yes	intermediate - long-term debt or graduate

2003 Case Index

Case Number	Title	Type	Subject	2007 Addendum	Applicable Courses
03-1	Web Browser Case | Solution	Accounting	Business Combinations (accounting for an investment in a limited partnership interest)	No	intermediate or advanced
03-2	Back to the USSR Case | Solution	Accounting	Revenue Recognition (by vendor when a customer is given a card for a discount on future purchases)	No	intermediate - revenue recognition
03-3	Need Cash, Inc. Case | Solution	Accounting	Debt (retirement of debt and issuance of convertible debentures with detachable wants)	No	intermediate or graduate
03-5 – Part 1	Trademark, Inc. Part 1 Case | Solution	Accounting Auditing	Client Integrity (earnings management and assessing client integrity)	Yes	undergraduate or graduate auditing
03-5 – Part 2	Trademark Inc. Part 2 Case | Solution Handout 1 Handout 2 Handout 3	Auditing	Client Integrity (audit procedures related to assessing potential misstatements related to earnings management)	Yes	undergraduate or graduate auditing
03-6	HW Industries Case | Solution	Accounting	Impairment Issues (impairment of goodwill for reporting units)	No	intermediate - intangibles
03-7	AxCess Unlimited Case | Solution	Accounting	Impairment Issues (assessing reasonableness of deferred tax asset valuation allowance)	No	intermediate - deferred taxes
03-8	Abbey Technologies, Inc. Case | Solution	Accounting	Derivatives (convertible preferred stock and embedded derivatives)	Yes	graduate
03-9	Highrise, Inc Case | Solution	Accounting	Consolidation (application of FIN46R, special purpose entity, and variable intetrest entity)	No	graduate
03-10	Painless, Inc. Case | Solution	Accounting	Investments (accounting for an investment in preferred stock  - equity method or not?)	Yes	intermediate - investments

2002 Case Index

Case Number	Title	Type	Subject	2007 Addendum	Applicable Courses
02-1	Cost Capitalization at Crispy Crust Case | Solution	Accounting	Cost Capitalization (capitalization of acquisition, construction and carrying costs)	No	intermediate - fixed assets
02-3	Frequent Fixer Case | Solution	Accounting	Contingencies	No	intermediate accounting
02-6	The Needle Eater Case | Solution	Accounting	Lease Accounting (sales-type lease)	No	intermediate - leases
02-8	Mortar and Pestle Case | Solution	Accounting	Stock Issues (Common & Preferred) (gain to parent on holdings of subsidiary common stock)	Yes	advanced or graduate