finances unit 5

Deliverable Length:

Assignment 1 = 1 Excel worksheet & 300–400 words

Assignment 2 = Minimum 2 Paragraph

Assignment Detail

Assignment 1

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.

Assignment 2

What competencies were you able to develop in researching and writing the Comprehensive Project due in Unit 5? How did you leverage feedback if given idea about how to complete this project?

How will these competencies and knowledge support your career advancement in financial management?