• Research Paper on:
    The Theatre Case Study; Negotiating a Budget

    Number of Pages: 3

     

    Summary of the research paper:

    The 3 page paper is based on a case study provided by the student. A non profit making theatre group have a problem with the budget and the board cannot agree on a new budget. This paper considers how the board chairperson can try and gain agreement between the accounting and non accounting staff by looking at this from the non accounting perspective in order to reach a compromise. The bibliography cites 3 sources.

    Name of Research Paper File: TS14_TEnegbudg.rtf

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    Unformatted Sample Text from the Research Paper:
    who want to remain ignorant of the need to pay bills. The board was split and this split was one that could not continue if the there was to survive,  ideas that the use of a budget would constrain dreams displayed a basic and fundamental misunderstanding of the situation and purpose of a budget. Spaulding had undertaken a lot  of work for the theatre that has been successful in the past, the problem was that his personal lobbying had gained the support of many board members and at the  same time Spaulding had stopped many of the activities that had generating the income, such as the teaching and the performing of popular works. There are two ways  that this could be tackled, the first is to deal directly with Spaulding. If is Spaulding that is influencing the board members and does not appear to understand the need  for budgeting. However, it appears that in the past there have been attempts to limit his spending and that these are highly resisted. If he is aware of the building  debt and the fact that if he does not com[play then the theatre will fail then there may be a change of heart, but this appears to be unlikely. Dobbs  needs to overcome the differences in opinion, as such we will advice another approach. A meeting needs to be called, although this may be the next board meeting, where there  is the knowledge by all that this is a passion that needs to be remedied. The tone of the meeting needs to change. Dobbs may want to start by praising  the board and its members for the achievements of the past, looking at the third season when the revenues were so big and considering how the theatre has and hopefully 

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