Identify the purpose, components and format of the balance sheet. After reading “Off the Balance Sheet
Financing” please find an example of a company that has used “Off the Balance Sheet” (opens in new window)
financing to misrepresent a company’s financial condition and what happened to this company.
As a Christian healthcare financial manager when would you feel justified in using this technique?
Don’t answer “never” or “always” without discussing some specific situations in which this technique could be
used, explaining your rationale clearly.
Sample Solution
