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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
Quantity

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