Explain how control systems and financial analysis support the objectives of the organization.

This case illustrates financial management and control issues in a not-for-profit setting. It focuses on the systems that can be employed for control and motivational purposes and the managerial environment needed for serious control efforts to take place.

Learning objective: To understand how control systems and financial analysis support the objectives of the organization.

After reading the case, prepare a 2-4 page written response to answer the following questions:

Analyze the financial position of the University of Trent using the data in Exhibit 1A and 1B.

Comparison of 19X5 to 19X6

Common-size balance sheets for the two years
Trend analysis for Revenues and Expenses 19X2 to 19X6
Common-size trend analysis for Revenues and Expenses 19X2 to 19X6
Ratios

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