discussion questions 251

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Please answer the following questions

1. Do you ever work with balance sheets and income statements in your current position?

  1. If so, is the balance sheet/income statements you receive for your department only for the entire organization? Do you know why this reporting method (departmental versus entire organization) was chosen by management? If no, then what do you think would be more beneficial?
  2. If you receive a copy of the balance sheet/income statement, is one distributed to you once a month, once a year, or on some other more irregular basis? What are you supposed to do with it upon receipt? If you did not receive a copy what frequency would you find helpful?
  3. Do you think the balance sheet/income statement report you receive gives you useful information? How do you think it could be improved?
  4. If you do not receive any financial statements why do you think you do not? Would you find them helpful?
 
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