Product details

By continuing to use our site you consent to the use of cookies as described in our privacy policy unless you have disabled them.
You can change your cookie settings at any time but parts of our site will not function correctly without them.
Compact case
Case
-
Reference no. A01-98-0009
Published by: Thunderbird School of Global Management
Published in: 1998
Length: 5 pages
Data source: Published sources

Abstract

BJ Services, a company that has experienced a recent increase in stock price, is a rapidly growing oil-field service company whose acquisitions have been financed by issuing stock. The case provides a balance sheet at 30 September 1995 and a statement of summary transactions that occurred during 1996. Students are asked to complete the balance sheet at 30 September 1996, and the income statement and statement of cash flows for the year ending 30 September 1996 using the summary transactions and the beginning balance sheet. To avoid using T-accounts or debits and credits, the case can be taught using a spreadsheet template with accounts in the columns and transactions in the rows. The financial statements are derived from the completed template. This case has been used in introductory financial accounting courses and in executive education programs to illustrate the development of financial statements and particularly the differences between cash flows and accrual income.
Location:
Industry:
Other setting(s):
1996

About

Abstract

BJ Services, a company that has experienced a recent increase in stock price, is a rapidly growing oil-field service company whose acquisitions have been financed by issuing stock. The case provides a balance sheet at 30 September 1995 and a statement of summary transactions that occurred during 1996. Students are asked to complete the balance sheet at 30 September 1996, and the income statement and statement of cash flows for the year ending 30 September 1996 using the summary transactions and the beginning balance sheet. To avoid using T-accounts or debits and credits, the case can be taught using a spreadsheet template with accounts in the columns and transactions in the rows. The financial statements are derived from the completed template. This case has been used in introductory financial accounting courses and in executive education programs to illustrate the development of financial statements and particularly the differences between cash flows and accrual income.

Settings

Location:
Industry:
Other setting(s):
1996

Related