Assignment Overview
You have reached the end of this project. The last section will cover the financial management aspect of your organization/facility. In this module, you will submit your completed comprehensive paper.
Case Assignment
- Community Benefit Spending
- In at least 1 page, identify how your non-profit organization will spend money helping your community.
- Balance Sheet (Norwicki, 2018, pp. 51-54)
- Create a hypothetical (realistic) balance sheet for your organization/facility. The balance sheet should cover two years, the current year and the subsequent year. The balance sheet should show a vivid increase in total net assets.
- Explain the entries in your balance sheet.
- Calculate your Assets for both years.
- Create a hypothetical (realistic) balance sheet for your organization/facility. The balance sheet should cover two years, the current year and the subsequent year. The balance sheet should show a vivid increase in total net assets.
- Statement of Operations (Norwicki, 2018, pp. 54-57)
- Create a hypothetical (realistic) statement of operations for your organization/facility. The statement of operations should cover two years, the current year and the subsequent year.
- Calculate the Operating Margin and explain your result.
- Create a hypothetical (realistic) statement of operations for your organization/facility. The statement of operations should cover two years, the current year and the subsequent year.
- Strategic Planning, Operational Planning, & Budgeting (Norwicki, 2018, pp. 299-326)
- Norwikci (2018) outlined a 22-stage Corporate Planning Process (Exhibit 13.1, pp. 299-300). Review the process outlined and identify how your organization/facility has met/will meet the stages outlined in the following sections:
- Strategic Planning (Stages 1-8)
- Operational Planning (Stages 9-13)
- Budgeting (Stages 14-17)
- Norwikci (2018) outlined a 22-stage Corporate Planning Process (Exhibit 13.1, pp. 299-300). Review the process outlined and identify how your organization/facility has met/will meet the stages outlined in the following sections:
- Recommendations and Conclusion
References (attached)
Nowicki, M. (2018). Chapter 3: Financial analysis and management reporting. In Introduction to the financial management of health organizations (7th ed.) Chicago, IL: Health Administration Press.
Nowicki, M. (2018). Chapter 13: Strategic and operational planning. In Introduction to the financial management of health organizations (7th ed.) Chicago, IL: Health Administration Press.
Nowicki, M. (2018). Chapter 14: Budgeting. In Introduction to the financial management of health organizations (7th ed.) Chicago, IL: Health Administration Press.
