Many students often struggle with their depth and structure in financial reporting. Here’s a method you can apply and use. If you are analyzing accounting issues, read the required first and determine if your client is asking you for a recommendation. Start by...
So you’ve heard these terms for case writing many times in the CFE world and it’s still unclear to you. Let me clarify: Depth Depth is required in order to successfully complete the CFE. Without the required level of depth, you will not hit competent on indicators....
When you are planning your response, there are a few critical factors to consider: - Identification of your Required - Identification of issues within each required - Ranking of issues - Time allocation and finally - Time management If you miss the ID of a required or...
Account receivable Customer bankruptcy – Review correspondence provided by trustee to make sure that customer in fact did file for it and determine the realizable value of the AR Examine sales invoices and shipment documents relating to that customer during the year...
Here are some examples for property, plant and equipment: Valuation: When fair value (FV) is used - obtain reliable documentation and determine if the FV developed by management is appropriate. Consider use of specialist if unable to determine FV. Examine the residual...