Intermediate Accounting-Case Study As discussed in the class, you have AED 250,000 to start your own business. Prepare the forecasted Financial Statement and draft a strategy for your business for the initial 3 years.
- Think about the small business idea (use the website SMEDA), make a strategy and plan the draft of your case study accordingly.
- The Case study should comprise of the following details regardless of the number of pages.
- Overview of the Company.
- Introduction and Importance of Financial Statement
- Carefully prepare the five Components of Financial statement, keeping in mind that you have AED 250,000 for the financing of the Case Study Conclusion.
- The deadline for submission of the Case Study is 23rd April 2018.
- The Case study Marks will be categorized as follows:
- Overview of the Company. [2 Marks]
- Introduction and Importance of Financial Statement [4 Marks]
- Prepare the five Components of Financial statement. [10 Marks]
- Conclusion [2 Marks]
- Q/A Session [8 Marks]
Note: The Case Study can be submitted individually as well as in a group of two. Further, the Q&A session will be linked to all the GAAP principles and standards that are discussed in the class.
Please contact me if you have had any questions.
Good Luck,
Anum Waqas
