Why are the University’s financial statements important?

The University's financial statements provide meaningful measures of the University's overall financial health and performance and indicate trends in financial growth, debt capacity and capital activity.  University management reviews financial statement data for institutional decision-making, reports financial performance to stakeholders, and supports capital finance requirements.  The University's financial statements also serve an important role in explaining the sources and uses of the University's financial resources to taxpayers, students, and the general public.