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Sir Thomas, an ascetic former civil servant, was appointed by Gordon Brown, the prime minister, to study every expenses claim for the past five years.
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Among other factors, the study examined each team's revenues and expenses and made cash-flow adjustments, risk assessments and growth projections.
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Among other factors, the study examined each program's revenues and expenses and made cash-flow adjustments and risk assessments and growth projections for every school.
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Then, you can download the financials, study them to see if, for example, expenses exceed revenues.
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The artists have all their expenses paid while they play a concert season, build their repertoires and study with veteran conductors and soloists.
NPR: At New World, Young Musicians Expand Skills
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According to a recent Citigroup study, small firms on average spend a heavy 2% of their assets covering various operating expenses, excluding salaries and payouts to their investment teams.
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According to a 2011 study by Bankrate.com, 46% of Americans haven't saved enough to cover three months of expenses.
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