BSHS 373 Week 2 Complete DQ1.How do primary financial statementsâ€”income statement, balance sheet, and cash flowâ€”tie together? How might the relationship between the statements influence financial management of a human service organization? DQ2.Why is it important for a nonprofit to measure performance? Which performance measures do you think are most beneficial for a nonprofit organization to use? Learning Team Assignment – Analysis of Financial Statements Resource: Valley of the Sun United Way Web site located at http://www.vsuw.org/ Complete the following using the two years of audited financial statements for the Valley of the Sun United Way: â€¢Where do you see major increases or decreases in line items? â€¢What internal or external factors might have caused those changes in the line items over the course of the year? â€¢What is your hypothesis for the changes? Consider both macro and micro possible causes. â€¢Acting as a financial analyst, what questions would you ask Valley of the Sun United Wayâ€™s CFO regarding the changes in the organizationâ€™s financial statements over the years? Why is it important that you ask financial questions of the organization? â€¢Use at least four financial ratios as performance measures of the organization. Refer to Ch. 5 of Financial Management for Human Service Administrators. â€¢Provide a SWOT analysis to complete your financial analysis. Identify the strengths, weaknesses, opportunities, and threats to the organization and justify your analysis.
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