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EDUC 6261: Managing Resources for Organizational Success: Finance
Discussion: Analyze the Use of Financial Statements
For this Discussion, you will take on the role of a particular stakeholder in an institution of higher education. As you learned this week, an institution’s financial state is reflected in its financial statements: Statement of Financial Position, Statement of Activities, and Statement of Cash Flows. First, identify which stakeholder role you want to play. You may be an administrator or manager in a department, a donor or investor, a faculty member, a community or business leader, someone from the U.S. Department of Education, or other stakeholder.
Then consider what data from financial statements would be relevant to you? How can you analyze and use the information provided in the institution’s financial statements? How do your needs and perspectives compare to those of another stakeholder or interest group?