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Brittney’s Boutique: Tailoring financial statements for function as well as fashion

Author

Listed:
  • Stuebs, Martin
  • Bryant, Scott M.
  • Edison, Cari
  • Stanley, Charles

Abstract

This note slightly modifies and adapts a managerial accounting case, Brittney’s Boutique: Tailoring a budget for function as well as fashion (Stuebs, M., Bryant, S., Edison, C., & Reese, K. (2017). Brittney’s boutique: Tailoring a budget for function as well as fashion. Journal of Accounting Education, 39, 32–47. https://doi.org/10.1016/j.jaccedu.2016.12.006), for use in an introductory financial accounting or hybrid accounting course that combines financial and managerial accounting topics. The adapted case provides you the opportunity to extend and apply financial accounting knowledge to the practical, real-world setting of Brittney’s Boutique, a student’s entrepreneurial start-up effort in the retail fashion merchandising business. The case is intended to challenge you to: 1) use financial accounting knowledge to prepare journal entries, general ledger posts, financial statements and financial ratios; 2) recognize and understand the needs and challenges in starting a business; 3) apply Excel knowledge, skills and abilities; and 4) analyze and combine financial accounting information to make judgments, conclusions and recommendations.

Suggested Citation

  • Stuebs, Martin & Bryant, Scott M. & Edison, Cari & Stanley, Charles, 2022. "Brittney’s Boutique: Tailoring financial statements for function as well as fashion," Journal of Accounting Education, Elsevier, vol. 58(C).
    • Handle: RePEc:eee:joaced:v:58:y:2022:i:c:s0748575122000021
    DOI: 10.1016/j.jaccedu.2022.100768
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    References listed on IDEAS

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    1. Kelly, Patrick & Rohland, Cassandra, 2017. "The United States federal budget project," Journal of Accounting Education, Elsevier, vol. 41(C), pages 48-57.
    2. Ayres, Douglas & Stanfield, Jason, 2019. "Pulling it all together: ACME trailers, a costing case," Journal of Accounting Education, Elsevier, vol. 46(C), pages 72-88.
    3. Fay, Rebecca & Negangard, Eric M., 2017. "Manual journal entry testing: Data analytics and the risk of fraud," Journal of Accounting Education, Elsevier, vol. 38(C), pages 37-49.
    4. Porter, Jason C., 2019. "Beyond debits and credits: Using integrated projects to improve students’ understanding of financial accounting," Journal of Accounting Education, Elsevier, vol. 46(C), pages 53-71.
    5. David E. Stout, 2014. "Pack-and-Go Delivery Service: A Multi-Component Cost-Volume-Profit (CVP) Learning Resource," Accounting Education, Taylor & Francis Journals, vol. 23(1), pages 75-94, February.
    6. Harshini P. Siriwardane, 2014. "Kiondo Bag Boutique: A Serial Case for Introductory Financial Accounting," Accounting Education, Taylor & Francis Journals, vol. 23(1), pages 95-113, February.
    7. Stuebs, Martin & Bryant, Scott M. & Edison, Cari & Reese, Kate, 2017. "Brittney’s Boutique: Tailoring a budget for function as well as fashion," Journal of Accounting Education, Elsevier, vol. 39(C), pages 32-47.
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