The Teaching Notes are accompanied by three additional files students will not receive: a Word document titled “Prior Year Property Additions Listing” and two Excel files titled “Updated Property Lead Sheet” and “Solutions—Excel Work Papers.”1 See Appendix A for solutions to the Case Critical-Thinking Questions. See Appendix B for suggested solutions to the Optional Background Reading Quiz/Assessment. For implementation ease, we have provided a sample transcript of the questions students should ask the client's controller, J. M. Perkins (played by the instructor) and suggested answers to those questions (see Appendix C). In particular, the students should ask the controller about the following issues related to Task 1, Substantive Detail Testing of Gross PPE Additions:

Regarding Task 2, Substantive Analytical Procedures for Testing Depreciation Expense, the student should explain to the controller his/her method for calculating an expectation for 2011 Depreciation Expense and then ask for potential explanations of why...

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