ESAA Final Level Exam case studies
ESAA Final Level Exam · Put your knowledge to work in context.
The ESAA Final Level Exam is the capstone assessment for candidates working toward the ESAA credential in accounting, finance, and assurance practice. It is aimed at professionals who have already covered the foundational syllabus and are ready to demonstrate integrated judgement across the full breadth of the discipline. The ESAA Final Level Exam case studies are 5 cases and about 4,702 words.
1The €420,000 Advisory Request and the Unrecorded Rebate Clawback
You are the senior manager on the statutory audit of Halvern Group, a listed industrial supplier with revenue of €310m and profit before tax of €16m. Total audit fees are €1.15m and your firm's total fee income is €4.2m.
875 words, about 4 min2Meridian Cloud Solutions: Allocating a €3.6m Bundled Software Contract
On 1 January 2026 Meridian Cloud Solutions, a software vendor, signs a three-year contract with a customer for fixed consideration of €3.6m, payable €1.2m on signing and €0.8m on each anniversary. The contract bundles: (i) a perpetual on-premise licence to Meridian's core platform, delivered on day one; (ii) hosted managed services supplied over the three years; and (iii) all future version upgrades to the on-premise platform, for which the customer would otherwise pay a separate annual fee.
871 words, about 4 min3Arden Instruments: A Cost-Plus Transfer Price That Destroys Group Profit
Arden Instruments is a listed group with two divisions. Division A manufactures a precision sensor at a variable cost of €22 and fixed costs of €8 per unit at its practical capacity of 100,000 units; all 100,000 units can be sold externally at €45 and A currently does so.
905 words, about 5 min4Kestrel Manufacturing: A Covenant Waiver That Expires Before the Next Test
Kestrel Manufacturing Ltd has revenue of £85m, EBITDA of £9.2m and net debt of £34.0m under a revolving credit facility. The facility carries a net debt/EBITDA covenant of 3.5x tested quarterly.
1,085 words, about 5 min5Journal Entry Analytics at a 42-Entity Retail Group
Your internal audit team at a 42-entity retail group has built a journal entry anomaly model over 12 million general ledger lines a year. The model combines Benford's law deviations, round-number amounts, postings outside business hours, and entries by users without standard posting rights.
966 words, about 5 min