Financial Management Practices
This is the third component of your course project.
In this assignment, you will examine the financial management practices of your selected organization. This assignment builds upon your analysis of the organization’s financial statements in the Unit 5 assignment and examines the specific practices and strategies that organizations use in managing their finances.
Selected Organization: Hope Havens Children Advocacy Center https://www.hopehavencac.org/
In this assignment, analyze the following:
1.    The revenue portfolio of the organization (for example, types and amount of revenue).
2.    Strategies for performance management used by the organization.
3.    Capital budgeting and financing approaches used by the organization.
4.    Investment strategies used by the organization.
5.    Internal controls used by the organization to manage funds.
6.    Opportunities to develop and secure capital and financial resources.
7.    Investment philosophies and policies adopted in conjunction with a board of directors or organizational stakeholders.