Baldwin requires users to obtain and analyze "live" financial statements from publicly-traded firms. Accounting textbooks often use uncomplicated, make believe examples that isolate specific issues to illustrate a specific point. The result is that readers do not "learn" that "real" financial statements do not always appear as neat and tidy as those in textbook examples.

Benefits:

• Writing Assignments: Most assignments require students to compose 50 word or 100 word responses to questions about the information that they have obtained. This requires students to think carefully about what they want to say before they start writing.
• Internet Links to On-Line Financial Information: Baldwin provides students with an explanation of how to obtain financial statement (and other) information from the Internet.
• Fully Up-Dated: Baldwin has updated his project to include new readings and examples.
• Boosts Student Interest: Students are intrigued and stimulated by hands on use of "live" annual reports, proxy statements and SEC 10-Ks. Use of real-world financial statements guarantees a high level of student motivation as students take ownership of the project.
• Flexible Format: Baldwin can supplement any financial accounting course -- whether or not a SWCP text is used.
• Team or Individual Based Learning: The projects can be used for either team or individual based learning environment. The instructor's manual provides

SECTION ONE

Assignment 1-A: Choosing a Company (for Individual students)
Assignment 1-B: Organizing Your Group (for student Teams)
Assignment 1-C: Obtaining Financial Statements
Reading 1

SECTION TWO

Assignment 2: Basic Company Information
Reading 2

SECTION THREE

Assignment 3. The Economic, Social, Legal and Political Environment
Reading 3

SECTION FOUR

Assignment 4-A. Industry Information (for Individual students)
Assignment 4-B. Industry Information (for student Teams)
Reading 4

SECTION FIVE

Assignment 5. Initial Review of Annual Report and Financial Statements
Reading 5

SECTION SIX

Assignment 6. The SEC 10-K Report and Proxy Statement
Reading 6

SECTION SEVEN

Assignment 7. The Accounting Profession
Reading .

SECTION EIGHT

Assignment 8. The Income Statement
Reading 8

SECTION NINE

Assignment 9. Current Assets and Current Liabilities
Reading 9

SECTION TEN

Assignment 10. Long-Term Assets
Reading 10

SECTION ELEVEN

Assignment 11. Long-Term Liabilities
Reading 11

SECTION TWELVE

Assignment 12. Stockholders-Equity
Reading 12

SECTION THIRTEEN

Assignment 13. Segment Information
Reading 13

SECTION FOURTEEN

Assignment 14: The Cash Flow Statement
Reading 14

SECTION FIFTEEN

Assignment 15: Capstone Project
Reading 15