Assignment: Financial Reporting Strategies And Decision Making
Financial Reporting Strategies and Decision Making
This is the second component of your course project.
The organization chosen is The American Red Cross
This assignment focuses on the financial strategies used by your selected organization to report finances and produce the financial information necessary to enhance performance. For this assignment, review and interpret financial statements and examine the processes used to create these statements.
In your assignment:
Analyze the accounting processes used by the organization.
Analyze the types of funds and financial reports used by the organization.
Analyze the financial statements used by the organization.
Examine the fiscal health of the organization, including an examination of revenue and expenditure trends, assets and liabilities, and debt trends (if any).
Explain how you would communicate these findings and collaborate with professional tax, financial, and legal consultants to support the organization's financial position.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.