Canadian Cancer Society
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Week 2
Discussion Groups/Questions
Canadian Cancer Society
Form groups of 4 or 5- Each group will be assigned a Task No. ( 1-3)
Prof will allocate Group Topics to groups in class.
Each group will designate a “Spokesperson” and will hand in, at the end of the class, a listing of their group members, and identify the spokesperson for the group

Groups will review and analyze f/s components as indicated below and come to a group consensus regarding their response to the questions
Week 2- CANADIAN CANCER SOCIETY
BALANCE SHEET GROUPS
STATEMENT OF OPERATIONS GROUPS
NOTES ANALYSIS GROUPS
How does this Balance Sheet compare or contrast with that of a “for-profit organization?”
How does this Statement of Operations compare or contrast with that of a “for-profit organization?”
How do the Note Disclosures made in this NPO compare or contrast with that of a “for-profit organization?”
State your understanding of the “mission” of the Organization-
Based on your understanding of the “mission” of the organization, what additional information do you think would be useful to the existing users of this Balance Sheet?

Assume that you are a potential donor with significant funds to contribute to a charitable NPO-
Would you donate to this organization, based on the financial information provided?Explain.
State your understanding of the “mission” of the Organization-
Based on your understanding of the “mission” of the organization, what additional information do you think would be useful to the existing users of this Statement of Operations ?

Assume that you are a potential donor with significant funds to contribute to a charitable NPO- Would you donate to this organization, based on the financial information provided?

Explain.
State your understanding of the “mission” of the Organization-
Based on your understanding of the “mission” of the organization, what additional information do you think users of these financial statements (notes specifically) would find helpful?

Assume that you are a potential donor with significant funds to contribute to a charitable NPO-
Would you donate to this organization, based on the financial information provided?

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