Subject category:
Finance, Accounting and Control
Published by:
Allied Business Academies
Length: 6 pages
Data source: Published sources
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Abstract
This case explores the events of an accounting change. The case involves American Rock Salt Co's (ARSC) accounting change as documented in filings with the Securities and Exchange Commission (SEC). Students examine the process for a change in accounting principles, estimates, and error corrections. Standard filings by the ARSC provide relevant information as do correspondence between the ARSC and the SEC. The student will produce a memo presenting answers to questions regarding accounting changes. The case is appropriate for a junior or senior level financial accounting course. This case has a difficulty level of three out of five.
About
Abstract
This case explores the events of an accounting change. The case involves American Rock Salt Co's (ARSC) accounting change as documented in filings with the Securities and Exchange Commission (SEC). Students examine the process for a change in accounting principles, estimates, and error corrections. Standard filings by the ARSC provide relevant information as do correspondence between the ARSC and the SEC. The student will produce a memo presenting answers to questions regarding accounting changes. The case is appropriate for a junior or senior level financial accounting course. This case has a difficulty level of three out of five.

