Admiral Furman Academy: A Case Study In Selected Not-For-Profit Auditing Issues

Abstract

The purpose of this case is to help students explore accounting and auditing issues often confronted by auditors of not-for-profit organizations. Given final financial statements, the goal of the case is to require students to prepare the footnotes that would be considered an integral part of the financial statements. The case is intended for students who are taking an advanced accounting or not-for-profit accounting course.