Public University Analysis Research Paper Example | Topics and Well Written Essays - 750 words

Public University Analysis - Research Paper ExampleThe financial statements in this governing body contains some remarkable disclosure of the equal that the institution goes through in providing retirement benefits, related gains, assets and lastly all liabilities. These financial statements therefore, argon able to provide the employees with a clear view of the risks and rewards that get hold from the defined benefits. In addition, all storehouseing obligations which be in relations to all liabilities of the benefits projects defined are all clearly identified (University of Maryland, 2012). GAASB proposed metamorphoses are in all probability to reduce the liability burden as they impart increase the level of accountability an aspect that is likely to reduce the cash lost due to cases of negligence. Proposed changes similarly address deeply on issues of common deposits and other investment risks such as interest rate risks and even fluctuating of the foreign currency risks . The form _or_ system of government recommendations to disclose all investments that are highly sensitive to these risks will reduce the money lost through fluctuating of the currency and changes in the interest rate (University of Maryland, 2012). One of the major economic condition that s likely to affect the growth of this institution is government changes in labor policies. Government is likely to change the policies such as medical policies and retirement policies. Some of the likely changes that are likely to be outlined include increased amount contributed towards the pension scheme and specified amount that the institution should direct towards payment of medical insurance for its employees. This is likely to reduce the amount of money directed towards improving the status of the university. s aspect that is likely to affect the future success of university of Maryland is increased government intervention and regulations in university through taxation. This is likely to s lower the level of activities in the institution an aspect that will be replicated in the overall growth rate of the institution (University of Maryland, 2012). Changes in the foreign currency and interest rates will have direct impact on the overall growth of university of Maryland. The institution conducts many transactions some of which depend largely on the interest rates. Fluctuations in the currency and changes in the overall economy will therefore hamper the level of growth in the university (Gibson, 2012). In university of Maryland grants are used to fund major projects that are aimed at improving the education status in the university. In addition to this, they are used in daily running of the institution. Also, they are sometimes used to cover the liabilities that the institutions have incurred over the past periods in order to reduce burden to the institution (Gibson, 2012). Grants such as federal grants are used by the institution to offer students with the scholarships. This is aimed at helping the needy students who are not capable of paying for their school fees. In addition to this, these pecuniary resource are directed towards equipping the institution with the current technology in order to improve the level of research conducted by the institution. As a result, the institution has been able to conduct many researches in different fields an aspect that has improved the overall growth of the state and economy at large (Gibson, 2012). With GAADB fit(p) procedures on how to use funds in the institutio