ACCOUNTING

BAM is an intermediate accounting simulation, , but also has the flexibility to be used piecemeal as supplementary material in a capstone or graduate accounting course. Students perform the accounting and financial reporting processes found in practice by conducting analytical reviews, soliciting information from clients, preparing adjusting and correcting entries, and drafting financial statements and notes for each of six years for a fictitious start-up client company (Hydromaint). Issues become more complex as Hydromaint's operations mature. The business begins as a service entity and later develops into a manufacturing and construction enterprise. During this transition, Hydromaint's operations address all of the technical issues traditionally covered in a two-semester intermediate course. Students are required to provide a complete set of financial statements, including the direct method statement of cash flows, and appropriate note disclosures for the company for each of the six..