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.

1 Excel worksheet & 300–400 words

no plagiarism 

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: see attachment for the 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.

Please submit your assignment.

The following grading criteria will apply to this assignment:

Grading Criteria

50%

Complete next year's budgeted figures for each entity within the same Excel worksheet (yellow cells).

30%

Include your reasoning for most of the budgeted figures (green cells).

20%

Write a memo of 300–400 words explaining what you would recommend that the Museum Manager do.

 

  • Posted: 5 years ago
  • Budget: $20
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