 Petroleum Services Enterprises Limited (PSEL): A Case in Financial Reporting and AnalysisAnthony Bowrin Accounting Education, 2008, vol. 17, issue 4, 359-368 Abstract: The case requires that students use their understanding of procedures for preparing cash flow statements and conducting financial and credit analyses to evaluate a request for financing by a small, family-owned company. Students are guided to an appreciation of the types of securities and covenants that may be required by a financial institution and the dangers of excessive drawings from business resources. The case has been used on eight occasions, by three different instructors, in the Financial Accounting course of the MBA programme offered by the University of the West Indies. It is used in the Financial Statements Preparation and Financial Statements Analysis modules of this course. The classes range in size from 40 to 65 students. The case is based on an actual financing request by an energy-based company to its principal bankers and it incorporates the major players involved in the real-world situation. Keywords: Financial reporting; financial analysis; credit evaluation; small business (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:taf:accted:v:17:y:2008:i:4:p:359-368 Ordering information: This journal article can be ordered from DOI: 10.1080/09639280802436582 Access Statistics for this article Accounting Education is currently edited by Richard Wilson More articles in Accounting Education from Taylor & Francis Journals |
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