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

Kreag Danvers, Charles Andrew Brown

Research output: Contribution to journalArticle

1 Citation (Scopus)

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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cost accounting
decision making
student
benchmarking
instructor
profit
profession
scenario
income
planning
Decision analysis
Financial modeling
Financial decisions
costs
experience
Decision making
Managerial accounting
Cash flow
Profit
Accounting profession

All Science Journal Classification (ASJC) codes

  • Accounting
  • Education

Cite this

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Out-West Products, Inc. A financial modeling and decision analysis case. / Danvers, Kreag; Brown, Charles Andrew.

In: Journal of Accounting Education, Vol. 27, No. 1, 01.03.2009, p. 40-57.

Research output: Contribution to journalArticle

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