Friday, October 29, 2004

Xtreme Results

Well, we didn't win the competition, but we didn't come in last either....we're happy with the outcome. We were given a mission of deciding if Fair Value accounting is something that the country of Panadrevia should implement into their financial reporting requirements for public companies. Our group was heavily against fair value. According to our PwC mentor, the judges (who were wearing wigs and robes) used many of the arguments we presented to question groups who were "pro" fair value accounting for Panandrevia.

All in all, we had fun and learned something in the process. I even got bonus points in a couple of classes! Yea!

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