Question
For this assignment, you have been appointed to the Board of the Cleveland Clinic. As part of your Board orientation you will be meeting with
For this assignment, you have been appointed to the Board of the Cleveland Clinic. As part of your Board orientation you will be meeting with the Chief Financial Officer to introduce you to the complexity of the financial operations of the Cleveland Clinic.
As part of the organizational transparency of the Cleveland Clinic, you search the web and find their detailed financial information on the Cleveland Clinic website:
http://my.clevelandclinic.org/about-cleveland-clinic/overview/financial-information.aspx#tab-2
Focusing on the most recent Interim Unaudited Consolidated Financial Statements and Other Information, make a list of key observations regarding the financial strength of the organization. Also, produce a list of potential problem areas or areas of concern. Please explain why you may be concerned and what questions you would ask the Chief Financial Officer.
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