Budget Proposal Memohc306 Unit Week 306 Memo
Unit 3 Assignment 1 – Budget Proposal Memo
- Due Sunday by 11:59pm
- Points 50
- Submitting a text entry box or a file upload
Estimated time to complete: 3 hours
Instructions
You are the financial manager for a small outpatient clinic. Due to the passage of the Affordable Care Act, your organization was required to change insurance companies to meet the guidelines and expectations within the ACA. Salaries increased in FY 2017 due to hiring new personnel. Utilizing the attached balance sheet, create a memo to the Board of Directors regarding the budget proposal for next fiscal year.
- Using the provided balance sheet, identify three areas of budgetary concern.
- Create a memo that identifies the three major areas of concern over the past year. For each of the three areas of concern:
- Use the memo template in Microsoft Word (or another template) to format the memo.
- Summarize the current status in 75 words or less.
- Recommend one possible solution for improvement or sustainability for the Board to consider when voting to approve next year’s budget.
Please review the rubric to ensure that your assignment meets criteria.
Submit:
- Budget Proposal Memo
Assignment File(s)
- HC306 – U3A1 – balance sheet [Word Document]
Rubric
HC306 Unit 3 Assignment 1 – Budget Proposal Memo
Criteria | Ratings | Pts | ||||||
---|---|---|---|---|---|---|---|---|
This criterion is linked to a Learning OutcomeContent |
|
15.0 pts |
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This criterion is linked to a Learning OutcomeAnalysisPRICE-P |
|
25.0 pts |
||||||
This criterion is linked to a Learning OutcomeWriting |
|
5.0 pts |
||||||
This criterion is linked to a Learning OutcomeAPAPRICE-I |
|
5.0 pts |
||||||
Total Points: 50.0 |