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Edmonton Opera: Accounting, Financial Analysis, Crisis, and Resilience

Natalia Khinkanina

商品編號:W25887
出版日期:2022/05/10
再版日期:
商品來源:
商品主題:Accounting; Finance
商品類型:Case (Field)
涵蓋議題:non-profit;not-for-profit organization;accounting;financial analysis;data analytics;COVID-19;opera;culture;performance
難易度:4 - Undergraduate/MBA
內容長度:10 頁
地域:Canada
產業:Arts; Entertainment; Sports and Recreation
事件年度:2020

The Edmonton Opera Association (Edmonton Opera) was founded in 1963 as a not-for-profit arts organization with the aim of providing audiences with compelling productions that combined music, song, and theatre. Over the years, Edmonton Opera had been successful in providing its services, but, in 2020, it was challenged. Just when it had almost recovered from a deficit, reported in 2012, the global COVID-19 pandemic occurred, and an economic slowdown followed. The board of directors knew that many organizations, in addition to Edmonton Opera, had had to suspend their operations temporarily due to COVID-19 restrictions, and they wanted to know how the pandemic had affected Edmonton Opera’s operations. A newly minted board member with a background in finance and accounting was assigned the task of conducting a financial statement analysis. Because not all members of the board had the necessary skills to provide oversight of the association’s accounting matters, this new board member was also asked to address Edmonton Opera’s specific accounting issues.

教學手冊:W25888
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