Case FA-3001: Transaction analysis and the accounting equation for Pepper Food Delivery – Excel

In this case, students use transaction data in an Excel file to calculate assets, liabilities, equity, net income, the accounting equation, and other basic data. All work is performed in Excel. This case is suitable for early in the introductory financial accounting course – right after the accounting equation, transaction analysis, and the basic statements are covered. You can view this case at this link (this is the same link that you will use to assign to your students.)

Sample screen shot of tutorial for project

To assign the case to your students, give them this link. All student instructions are included at that link – as are links for tutorial videos for Excel skills needed and accounting concept skills needed.

How to obtain case materials

***You can obtain the solution for the Pepper Food Delivery Excel case by requesting it at this link.***

You will need to fill out a brief form and then we will verify your instructor status prior to sending you the instructor materials. We generally send the solution within a week after the request; we will contact you if we need additional information to verify your instructor status.

Be sure to add drwendytietz@gmail.com to your contacts. Check your spam folder if you have not received the materials from us within a week.

Data analytics project: Gross profit analysis for introductory financial accounting

This blog post contains a data analytics project that is suitable for introductory financial accounting. The student uses Excel to analyze a data set that contains more than 48,000 records. The data analytics project can be assigned early in the course once the concept of gross profit is reviewed.

Overview of project

This project uses sales and cost data for a fictitious cabinet hardware company, Cabinet Accessories Company (CAC.) In this project, the student will use Excel to create a variety of pivot tables, format the pivot tables, apply filters, and create calculated columns. The student also needs to cleanse the data set by finding and correcting errors in the data set. In addition, the student will create a pivot chart.

Project resources

The tutorial video has closed captioning; the annotated slides for the tutorial video have the same script. The tutorial data set is an Excel file containing a small subset of the full data set; I used this small data set in creating the tutorial video.

Office 365 or Excel 2016 (newest versions)

Anyone doing this project will need to have either Office 365 or Excel 2016. Updates Microsoft has made to Excel 2016 include the ability to automatically group dates by quarters and years (an integral part of this project), so if a student says that their pivot table does not have quarters or years (or any other issue), tell them to update their version of Office 365 and/or Excel 2016.

Solution

If you would like to have a copy of the Excel solution file, please fill out the request form. Once I verify your status as an instructor, I will email the file to you within a week. Please do not post the solution file on the internet and please do not share the solutions file with your students. The Excel solutions file is for your own use only.

Data analytics project: Fixed Asset Analysis for Hula Hut Burgers

Overview of this project

This project uses fixed asset information from anonymized and modified data for a tax client from a public accounting firm. The data set includes 1,500 fixed asset records. In this project, the student will use Excel to create a variety of pivot tables, format the pivot tables, apply filters, create calculated fields, use the slicer and timeline tool. In addition, students will be asked to analyze the data for errors. The students will prepare several different fixed asset schedules and also a pivot chart (column type) that depicts book value by asset category and region.

Project resources

Learning Objectives

  1. Create a pivot table in Excel
  2. Format a pivot table
  3. Apply filters to a pivot table
  4. Create sum columns in a pivot table
  5. Create a calculated field
  6. Use the slicer tool in a pivot table
  7. Analyze data for errors
  8. Use the timeline tool in a pivot table
  9. Create a pivot chart in Excel

Office 365 or Excel 2016 (newest version)

Anyone doing this project will need to have either Office 365 or Excel 2016. It is important that students update their version of Office 365 and/or Excel 2016.

Solution

If you would like to have a copy of the Excel solution file, please fill out the request form. (There is a separate request form for each project.) Once I verify your status as an instructor, I will email the file to you within a week. Please do not post the solution file on the internet and please do not share the solutions files with your students. The Excel solutions file is for you own use only.

Data analytics project: Transaction analysis for introductory financial accounting using the City of Somerville, MA, online checkbook data set

Overview of project

This project uses the transaction data from the City of Somerville, Massachusetts, which posts its checkbook online for public use. In this project, the student will use Excel to create a variety of pivot tables, format the pivot tables, apply filters, and create calculated columns. In addition, the student will create a pivot chart. Essentially, the student is analyzing the transaction data from Somerville to answer several questions using pivot tables and charts in Excel.

Project resources

The tutorial video has closed captioning; the annotated slides for the tutorial video have the same script. The tutorial data set is an Excel file containing a small subset of the full data set; I used this small data set in creating the tutorial video.

Office 365 or Excel 2016 (newest versions)

Anyone doing this project will need to have either Office 365 or Excel 2016. Updates Microsoft has made to Excel 2016 include the ability to automatically group dates by quarters and years (an integral part of this project), so if a student says that their pivot table does not have quarters or years (or any other issue), tell them to update their version of Office 365 and/or Excel 2016.

Solution

If you would like to have a copy of the Excel solution file, please fill out the request form. Once I verify your status as an instructor, I will email the file to you within a week. Please do not post the solution file on the internet and please do not share the solutions file with your students. The Excel solutions file is for your own use only.