Username:
Password:
Password Request

Accounting
(Listed in alphabetical order)



ALAN BERWICK - Halifax, N.S.

Despite his sixteen years as a successful oil company service station lessee-operator, Alan Berwick had serious reservations about becoming an owner-operator of a new retail service station. As we; as financial analysis, this case requires examination of the ‘fit’ between entrepreneur and venture, and evaluation of Berwick’s values, skills and experience.

Intended courses: New Venture Creation, Small Business Management, Accounting and Introductory Finance

ALBERT JONES - Grand Falls, Nfld

Albert Jones is a certified real estate appraiser who is employed by an appraisal firm in the town of Grand Falls, Newfoundland. He wishes to have his tax liability for the past year calculated. Through discussions with Albert, various other tax planning opportunities arise such as incorporation versus proprietorship, purchase of real estate in the United States, and capital gains deduction eligibility. Kathy Spratt, a chartered accountant who is a sole proprietor, has been engaged by Albert Jones to calculate his tax liability for the past year, as well as advise him on specific issues as they relate to his future plans.

Intended courses: Introductory Taxation, Graduate Level Taxation

BEV'S CERAMICS

A Maritime scene should appeal to tourists, thought Bev, as she prepared a new mold ready for production. Having no debt, the entrepreneur stated, "I could close up the business at any time and not have to be concerned about creditors." However, with a slump in sales, Bev hoped to boost sales and profits by expanding into a new market - the tourism market.

Intended courses: Entrepreneurship, Introductory Managerial Accounting, Small Business Management, Tourism Marketing

GREEN ACRES FARM MARKET

Alicia and Clifford were on the horns of a dilemma. The site for their proposed farmer's market had just become available for sale. The last undeveloped lot in a high traffic area, there was a municipal development agreement on the land, and public approval was required before such a market could be established. Alicia and Clifford had to act quickly if they were to pursue their dream in becoming entrepreneurs and operating a farmers market.

Intended courses: New Venture Start-Up, Marketing, Tourism Marketing, Introductory Accounting, Introductory Financial Management

HAIR IMPACT - High School St. John’s, Nfld.

Hair Impact, a business which manufactures and markets hair accessories within St. John’s and Mount Pearl, has been somewhat successful in the past two years and its owner, Samantha Wakeham, is seriously considering expansion in the near future. She has been offered a business proposition by the owner of a local exercise spa to market her products. Samantha is definitely interested in the offer; however, she is concerned about her ability to supply her hair products to the spa at a profit. The owner has offered her three choices. Samantha is forced to seriously review the total costs and prices of her hair products and the potential profit before she can accept any one of the offers.

Intended course: Introductory Business, Small Business Management


JOHNSTON PROCESSORS LIMITED - St. John’s, Nfld.

The family business owned and operated three "One Hour Drycleaning" franchised stores located in shopping malls at St. John’s, Nlfd. The company, which began about eight years ago, was profitable initially. However, during the most recent four years, a gradual decline in profitability has taken place. The owners have realized that steps must be taken to either reverse this situation, or to dispose of one or more of the locations.

Intended courses: Small Business and Entrepreneurship, Intermediate Accounting

JOHNSTON PROCESSORS LIMITED - High School (adapted)

The family business owned and operated three "One Hour Drycleaning" franchised stores located in shopping malls at St. John’s, Nlfd. The company, which began about eight years ago, was profitable initially. However, during the most recent four years, a gradual decline in profitability has taken place. The owners have realized that steps must be taken to either reverse this situation, or to dispose of one or more of the locations.

Intended course: Small Business, Entrepreneurship

LAWRENCE HALL - Dartmouth, N.S

Lawrence Hall is a self-employed photographer of modest means residing in Dartmouth, N.S. Through his business connections he has become aware of an opportunity to purchase a combination photographic supple store and film processor located in Halifax. The case describes the negotiation process between M. Hall and the store’s owner, Harry Mitchell. The reader is requested to advise Lawrence and his wife Danielle as to whether or not this is a suitable opportunity for them to become small business owners.

Intended courses: Small Business, Entrepreneurship, Intermediate Accounting

LAWRENCE HALL - High School (adapted)

Lawrence Hall is a self-employed photographer of modest means residing in Dartmouth, N.S. Through his business connections he has become aware of an opportunity to purchase a combination photographic supple store and film processor located in Halifax. The case describes the negotiation process between M. Hall and the store’s owner, Harry Mitchell. The reader is requested to advise Lawrence and his wife Danielle as to whether or not this is a suitable opportunity for them to become small business owners.

I
ntended course: Small Business, Accounting Concepts, Entrepreneurship

L'ECOLE DES ETUDES COMMERCIALS - High School (adapted)

Entertaining thoughts for expansion, Helene Leclerc, President of L'Ecole des Etudes Commerciales, was shocked when notified by her bank manager and friend that her company had exceeded its credit limit by $40,000 and had 30 days to bring it back in line.

Intended course: Small Business Management, Business Enterprise, Entrepreneurship

LITTLEWOOD TRUCKING COMPANY - Fredericton, N.B.

The insurance premiums for Littlewood Trucking company had increased dramatically over the past three years and Stanley Birch, company comptroller, had to determine their cause and develop specific recommendations to minimize them. This case involves considerations and identification of the general principles and conceptual issues involved in risk management, and the use of analytical techniques in making a viable decision.

Intended courses: Risk Management and Insurance, Introductory Finance, Advanced Accounting

MEMORIAL UNIVERSITY FACULTY/STAFF CLUB - St.John’s, Nfld.

The Memorial University Faculty/Staff club, a nonprofit organization operation on the campus of Memorial University of Newfoundland, had experienced a loss for the fiscal year ending August 31, 1988. While the magnitude of the loss was small, the Club’s Board of Director was concerned that future losses could further erode the funds that have been earmarked for a new facility. Further, the Board was considering what action, if any, it should take in response to the results of a recent survey of faculty and staff at the University.

Intended courses: Managerial Accounting

SALMON RIVER INN LIMITED - Salmon River, Nfld.

The company was incorporated to acquire a sixty year old convent, renovate it, and operate it as a tourist home. The company’s problem began with significant cost overruns during the renovation phase and management problems during its first operating period. The company’s owners must now decide whether and additional investment is justified pr whether they should simply allow the company to close down. To make this decision, the company’s viability must be examined, and the managerial ability of the owners assessed.

Intended courses: Intermediate Accounting, Small Business and Entrepreneurship

SALMON RIVER INN - High School (adapted)

The company was incorporated to acquire a sixty year old convent, renovate it, and operate it as a tourist home. The company’s problem began with significant cost overruns during the renovation phase and management problems during its first operating period. The company’s owners must now decide whether and additional investment is justified pr whether they should simply allow the company to close down. To make this decision, the company’s viability must be examined, and the managerial ability of the owners assessed.

Intended course: Small Business Management, Entrepreneurship

TWIN PEAKS BUILDING SUPPLIES - High School

Clareville, Nfld.

Chris White telephoned his friend, John Noel, to inform him that Twin Peaks Building Supplies was for sale and added that "the price is right", John replied, "that’s great – we don’t have any experience in that kind of business but at least we won’t have to prepare a plan and work as hard as if we were starting a new business." Within a month, with their personal savings, an operating line of credit and a mortgage on the property, Chris and John acquired their first business. On July 1, 1990, the sign on Twin Peaks Building supplies read "open under new management." After just nine months of operation, Twin Peaks Building supplies was notified by its bank that it was concerned with its financial position. The bank requested that the company provide a plan to address the current situation and also a strategic plan to increase the company’s profitability.

Intended course: Enterprise Education, Entrepreneurship, Business Enterprise
| Home | Acadia University | FC Manning School of Business | About AICS Online | Case Study Search Engine | Contact Information | Site Map |

Website Photography and Design by: iFresh Design Studio
Viewed best in Internet Explorer, 1024 x 768 pixels