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5-Financial Planning (IP)

by | Nov 30, 2023 | questions

Assignment Type:Individual Project Deliverable
Length:
1 Excel worksheet & 300–400 words
Points
Possible:
100 Due Date:7/14/2013 11:59:59 PM CT

APA formatted References

So your new accountant could practice the budgeting process in your
for-profit company, you want her to compare budgeting methods for two different
kinds of entities.

You give her information for a for-profit and for a nonprofit entity and ask
her to complete the following:

  • Given the assumptions and data in this Excel file:
    • complete next year’s budgeted figures for each entity within the same Excel
      worksheet (yellow cells)
    • include your reasoning for most of the budgeted figures (green cells)

Because of a bad recession, government grants were not cut by 50% but are
eliminated completely for next year’s budget and fundraising efforts—despite an
increase in expenses—did not improve at all.

  • Write a memo of 300–400 words explaining what you would recommend that the
    museum manager do.

Please submit your assignment.

The following grading criteria will apply to this
assignment:

Grading Criteria

50%

Complete next year’s budgeted figures for each entity within the same Excel
worksheet (yellow cells).

30%

Include your reasoning for most of the budgeted figures (green
cells).

20%

Write a memo of 300–400 words explaining what you would recommend that the
Museum Manager do.

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