Balance Sheets: Getting the Picture of Your Co-op’s Financial Position
By Mark Goehring 132 September - October - 2007 Our cooperatives aim to provide value on behalf of member owners and often take a wide-ranging approach on how to express and demonstrate that organizational accomplishment. When it comes to managing and reporting financial performance and condition, traditional financial statements do quite nicely. Financial statements are not good places in which to exercise “local control” [...]