Accounting - Analyzing Accounting Data: Methods for Manipulating Financial Statements and Financial Ratios

Objectives:

• Identify and explain common methods for manipulating financial statements and financial ratios.
• Evaluate the impact of manipulation on financial statements and ratios.
• Analyze financial statements and ratios to assess the financial condition and operating results of a company.

Age Level: Late secondary school/junior college

National Standards: Complies with NBEA Accounting 2023 Standard IV.3.4 State and explain common methods for manipulating financial statements and financial ratios.

Materials:

• Whiteboard and markers
• Bingo cards (created by the teacher) with financial terms and concepts related to the lesson
• Markers or chips for each student
• Prize for the winner