ACC 547 Week 1 Individual Assignment
Individual Assignment Personal Budget Balance Sheet and Cash Flow Statement
Individual Assignment: Personal Budget, Balance Sheet, and Cash
Flow Statement
· Choose a client or yourself. For confidentiality purposes,
use a fictitious name.
· Prepare a personal budget, balance sheet, and cash flow
statement.
· Write a memo that includes the following:
A summary of the facts, including ages of the client, spouse, and dependents; educational background; income status of client and spouse; and two major concerns and goals.
Summary of key items and findings from the personal budget, balance sheet, and cash flow statement.
Recommendations and support for improving the financial
situation
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