Research the most recent annual budget of your favorite city to visit or a not-for-profit organization of
Question:
Research the most recent annual budget of your favorite city to visit or a not-for-profit organization of your choice. You may find it at the Governmental Accounting Standards Board (Links to an external site.)Links to an external site. or the entity’s website.
What are the three largest projected revenues and the three largest expenditures?
If you can locate comparative information, which line items show the greatest increase over the prior year’s budget?
What does a review of this budget tell you about the entity?
What informational items are included to support the organization’s budget that you feel are most important to the constituents of that jurisdiction or donors of the organization? What information don’t you see that you believe would be beneficial to disclose?
Accounting Business Reporting for Decision Making
ISBN: 9780730302414
4th edition
Authors: Jacqueline Birt, Keryn Chalmers, Albie Brooks, Suzanne Byrne, Judy Oliver