Cost-Volume-Profit Modeling: A Strategic and Financial Approach
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Keywords
Internal Controls, Control Environment, Business Processes, Business Risk
Abstract
Set in the context of a youth soccer tournament, this case study addresses critical accounting and business topics such as cost-volume-profit analysis, identification of business processes and internal controls and the internal control environment. Students are expected to make business decisions based upon financial and strategic analyses. In addition, the case requires students to identify weaknesses with internal controls and most importantly, make suggestions to strengthen the control environment.