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
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