Out-West Products, Inc. A financial modeling and decision analysis case

Kreag Danvers, Charles A. Brown

Research output: Contribution to journalArticle

1 Scopus citations

Abstract

The Out-West Products, Inc. instructional case requires students to build a comprehensive financial model to support planning and decision-making. Part 1 of this team-oriented Excel project requires students to construct a baseline model, while Part 2 provides sensitivity analysis and decision-making extensions. The case incorporates cost-volume-profit, accounting income versus cash flow, and benchmarking analyses. Case objectives provide students with a realistic financial modeling experience that includes: building models; linking data across financial statements; testing solutions and analyzing scenarios; and improving critical thinking skills. These objectives closely align to the AICPA Core Competency Framework for Entry into the Accounting Profession. The case can be used in introductory and upper-division managerial accounting, upper-division cost accounting, and MBA managerial accounting courses, and can be modularized to achieve instructor-specific objectives.

Original languageEnglish (US)
Pages (from-to)40-57
Number of pages18
JournalJournal of Accounting Education
Volume27
Issue number1
DOIs
StatePublished - Mar 1 2009

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All Science Journal Classification (ASJC) codes

  • Accounting
  • Education

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