In this case study, we need to prepare for an upcoming board meeting.

 

Overview of Edmonton Opera

Read the case "Edmonton Opera's Balanced Scorecard: The Art of Performance" to understand the company's mission, operations, and current challenges.

 

Preparation for the Board Meeting

 

Treasurer Report:

You are expected to give an update on the financial status of the organization. Not all board members are fluent in reading financial statements, so it is imperative that you interpret the most relevant trends in both the horizontal and vertical analysis. You may also include ratios that are relevant, but you must explain their relevance to decision making for the Edmonton Opera.

 

• Introduction: Briefly explain the current financial status.
• Horizontal Analysis: Compare financial data over a period of time. Highlight significant changes.
• Vertical Analysis: Analyze the relationship between different items in the financial statement. Highlight significant ratios.
• Conclusion: Explain how these trends and ratios are relevant to decision making.

Instructions:

• Demonstrates the ability to complete financial analysis and interpret the results that are relevant to board decision making.
• Make table for financial status.