Students will complete the case "CinePro Theatres Inc." published by the Chartered Professional Accountants (CPA) of Ontario (the Institute of Chartered Accountants of Ontario). The purpose of this case is to provide a multi-subject simulation that requires application of technical knowledge in assessing and critiquing accounting policies and application decisions. The primary learning objectives of this case include: Apply technical knowledge to case facts in assessing the viability of the Ottawa International Film Festival Apply technical knowledge to case facts in discussing the board's involvement in the Ottawa International Film Festival Apply technical knowledge to case facts in analyzing performance measures related to the Ottawa International Film Festival Submission Instructions Professional accountants continue to be recognized for their strong technical knowledge. A strong technical background is still a foundational trait for professional accountants in protecting the public interest. Professional accounting bodies across the globe are recognizing the increased importance of higher-order cognitive skills such as critical thinking, problem solving, and analytical ability. Case analysis is an important tool for developing these higher-order skills for financial reporting. Issue 1: Profitability of the Ottawa International Film Festival