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Highland Malt: Accounting Policy Choices in Financial Statements

Mitchell Stein; Vaughan S. Radcliffe; Erik Stein

商品編號:9B20B013
出版日期:2020/10/06
再版日期:2021/03/15
商品來源:
商品主題:Accounting; Entrepreneurship
商品類型:
涵蓋議題:accounting policy choices, revenue, cost
難易度:4 - Undergraduate/MBA
內容長度:5 頁
地域:United Kingdom
產業:Accommodation & Food Services
事件年度:2019

In early 2020, a recent graduate from a prestigious masters of business administration program was working as a financial accountant for a renowned private equity firm in Glasgow, Scotland. For her father’s retirement, she was considering a gift from Highland Malt Inc.. The company’s Scotch whisky was offered in a limited quantity and promoted as an investment opportunity. Unlike ordinary bottled whiskies, Highland Malt Inc. sold this new line solely by the barrel. Collectors had to pay the full amount of CA$10,000 upfront, but could request a full refund within 180 days if unsatisfied with the product. The refund period allowed the collector to visit the distillery and inspect the purchase to ensure it met all expectations. The accountant was wondering if she should proceed with her plan to buy a barrel of Highland whisky as an investment and collector’s item for her father.

教學手冊:Highland Malt: Accounting Policy Choices in Financial Statements - Teaching Note
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