CaseKey teaching notesCase Topic: Asset Valuation/Write – Downs Characters: Chris, new controller of a small construction company Robin, CEO of the same company Chris, a CPA and formerly a staff accountant for a large public accounting firm, is the new controller for a small construction company that employs 60 people. The company is now…
CaseKey teaching notesCase Topic: Asset Valuation/Write-Downs Characters: Ron, Inventory Control Clerk; Penny, Controller Art, Company President Rhonda, Sales Manager Penny is the first Controller ever hired at a medium-sized farm machinery company. The firm has reacquired tractors and other parts and equipment from farmers who filed for bankruptcy or were seriously behind in their…