Explain what is the purpose of the Independent Auditor's Report that is located at the beginning of the financial statement. The organization is setting up a new program that will operate for 3 months. The total cash funds of $180,000 from the government to operate the program are to be provided evenly to YWS in months 2 & 3. The expenses of $180,000 are allocated evenly over the 3 months. For any months the program has a cash shortfall, the shortfall will be covered by YWS until the funds have arrived from the government that will be on the 1St business day of the month. Prepare a 3-month cash budget for this new program.

Explain how you would manage the finances for this 3-month program. Identify the cash or access to cash available to the organization and explain if the amount of cash is sufficient for the needs of this organization.