Kofenya: The Role of Accounting Information in Managing the Risks of a New Business

With its focus on two student entrepreneurs who successfully opened an espresso cafe´, this case illustrates how accounting information can be used to measure performance and control business risks with respect to new businesses. Also, this case encourages you to consider the potential financial outcomes of various risk response options linked to strategic and operating decisions. By completing this case successfully, you should develop a better appreciation for business model development, business process identification, performance measurement, and risk assessment.