How to prepare a case:

Read the case once rather quickly to give you the general flavor of the situation and indicate which issue(s) are involved. Then read the case a second time. If study questions have been provided, begin to develop tentative answers to them. If no questions have been provided, start forming your own picture of the situation.Write a set of notes, in which you 1. Identify the issue(s) 2. Identify and analyze the facts that are relevant to the issues (cases often contain a myriad of irrelevant information that needs to be sorted out, to simulate a real-life business situation) and if the case calls for your personal assessment or recommendation 3. Identify alternative courses of action, and assess the pros and cons of each. 4. Recommend a specific course of action, and be prepared to defend why your recommendations are more attractive than other alternatives. Make sure the action plan addresses all of the issues you have identified. (Avoid any course of action that could have disastrous consequences if it does not work out as planned be as much alert to the downside risks as to the upside potential.Guidelines for Written Case Analysis General Guidelines Written case reports should be around five double-spaced typewritten pages each in length, not counting the space devoted to exhibits, computation sheets and APA format references. Whenever possible, exhibits should be placed within the body of the report. Otherwise, they may be placed in an Appendix at the end. In either case, do not expect the reader to figure out what they mean and why they were included. Each exhibit must be referred to in the body of the report. Particular attention should be devoted to organization. Do not simply piece sections together in disorderly fashion. The major sections might be: I. Background (make it brief, do not rehash the facts in the case); II. Presentation and illumination of the facts as they highlight the issues presented; III. Discussion of the applicable rules, norms, guidelines and governing law IV. Analysis of relevant US GAAP or GAAS pronouncements, laws, regulations, and all applicable IFRS and IFRIC rules and analysis of alternative courses of action (if applicable) with advantages and disadvantages of each alternative. V. Your conclusion and recommendation with the reason for the course of action you recommend, and the reasons for ordering the alternative course of action.