The Neon Museum, Inc.

The project manager would oversee the project, organize the information that is gathered, organize committee meetings, and facilitate the implementation of the system. The Chief Financial Officer would be in charge of developing a budget for the project, a budget for training of staff after implementation, and researching possible grants or outside funding that may be available. In addition to implementing the new system the committee would also need to follow the progress of the project, take feedback from staff, and make necessary adjustments.

The Chief Executive Officer is responsible for the development of the budget, goals, objectives, policies, procedures, performance and the strategic plan. The CEO presents this information at the quarterly meeting for review and approval by The Board of Directors. The CEO is also responsible for negotiating and executing all contracts and agreements between Crossroads and the property owners, payers, and referral sources (Policy & Procedures Binder 1, 2013).

83). As part of their duty to develop and approve sound fiscal policies, board members must review and approve proposed budgets, include a review of the budget’s reasonableness, and make sure that financial transactions are correct by spot-checking various financial transactions (Konrad & Novak, 2004). Once a budget has been reviewed and approved, the board is responsible for ensuring that there are adequate resources for the implementation of the new budget (Konrad & Novak, 2004). However, this does not mean that members of the board are responsible for writing grant proposals, “rather they must take ultimate responsibility for the financial success of the organization” (Konrad & Novak, 2004, p. 84). Although board members designate a fellow board member to act as treasurer, the financial responsibility does not fall on that individual, rather the responsibility is shared equally by each member, hence why it is important that each member acquire a basic knowledge of financial matters for service as a board member (Konrad & Novak, 2004).

I decided to visit the Neon Museum (Neon Boneyard) located downtown in Las Vegas while on vacation last week. The Neon Boneyard is an outdoor collection of signs located behind the Neon Museum. The museum is housed at the formerly known La Concha Motel (the La Concha Motel was designed by Paul Williams, a famous African American architect who design the first LAX theme building). From my understanding the purpose of the Neon Museum is to display old iconic signs that use to hang on the Las Vegas Strip. To be totally honest, I had no real expectation going to the museum. I just figure I was going to see some old signs. Which I might add did not disappoint as I gawk at the dramatic vintage signs it was amazing, I actually felt like a kid at

Independently if the organization is not-for-profit or for-profit, a vital duty of the management team is to keep the organization finances in a status that allows it to operate, and produce a level of revenue that secure its existence over the years. To reach these objectives, managers must perform key functions that involve planning, decision

| |A. |[pic]|provide feedback by comparing results with plans and by highlighting deviations from plans |

First of all, that they have one accountant who plays the role of both Treasurer and Controller is an area of great risk. The Controller and Treasurer are meant to play opposite roles in which they provide oversight and checks and balances to

The area that I chose to discuss under the CFO is the Director of Budgeting. The roles and responsibilities include handling the budget, and managing all expenditures and its limits, supervising staff, and analyzing profit goals, revenue, and expenses while complying the regulations of not only the company but the state and federal industry as well. Some additional methods of management that would fall under this area include directors of human resources. They work hand in hand with each other when it comes to making sure funds are available for new staff hiring, new functions of operations, employee medical and dental benefits, etc.

It is the board's responsibility to consider and authorize a suitable remuneration package for the company's chief executive officer (CEO), make recommendations with respect to the attractiveness of dividends and dividends pay out, approve stock splits, form the audit committees, approve the company's financial statements, oversee management’s involvement in the shareholders and other stakeholders long-term interests and recommend or discourage major decisions such as acquisitions and mergers.

According to the case study, "Managing Costs and Revenues at Happy Town Neurology," in order to receive a promotion an individual must demonstrate the ability to plan, organize and direct the functional structure within that department. The neurology clinic offers its employees opportunities for assistant to the chief financial officer who has been with the company for in this case is interested in a position asked by the CFO to produce a cash flow budget and a report that is needed to acquire a loan for the hospital. In order, for the assistant to accomplish the goal assigned; she will need assistant from the controller. The controller is the chief accounting officer who manages the finance department and generates portfolios that are essential for capital fund acquisition (Buchbinder & Shanks, 2012). Moreover, the controller manages the accounting function and performance, which includes navigating the third party risk-based model procedure.

The finance department functions include keeping records of financial activity for example the sales made by the business and providing managers with information that they can use in decision making for example cost of making products. For McDonalds the finance department would have to keep track of how many sales they make per day and what kind of meal or burger makes the most money. For Chester Zoo the finance department would have to do the same which is keeping records of how many sales they make per day and how much profit they make.

In order to become a member of this committee, an individual who meets the qualifications would be nominated by the Board, upon the recommendation of the Nominating Corporate Governance Committee; this process occurs annually. Members of this committee are Gregory D. Brenneman, Albert (Al) Carey, Armando Codina, Helena B. Foulkes, and Bonnie G. Hill.

Like most multinational corporations, the shareholders own the company and they may also be the board of directors. A Chief Executive Officer (CEO) will be appointed to nominate and manage the operation of the company as a whole. A Chief Operating Officer (COO) will be managing the company’s day-to-day operations and reports them to CEO. The Chief Financial Officer (CFO) will be managing the finance and account together with the

First and foremost, it is important to know exactly what a CFO does and how he or she goes about doing it. The chief financial officer position is accountable for the administrative, financial, and

The Chief Executive Officer (CEO) of FAM reports to the Executive Members. The CEO responsibilities include among others: