Principles Of Accounting Homework Help

Principles Of Accounting Homework Help

Required Resources

Required Text

1. Cleverley, W. O., Song, P. H., & Cleverley, J. O. (2011). Essentials of health care finance (7th ed). Sudbury, MA: Jones & Bartlett Learning.

· Chapter 8: General Principles of Accounting

· This chapter focuses on core principles of accounting and the differences between financial and managerial accounting. Cash basis, accrual basis, and three categories of net assets are discussed.

· Chapter 9: Financial Statements

· This chapter discusses the main four types of financial statements and the importance to know the scope of business being reviewed when using financial statements.

· Chapter 10: Accounting for Inflation

· This chapter discusses the major types of asset valuation, alternatives units of measurement in financial reporting and the major financial reporting alternatives. The uses of financial information and the difference between monetary and nonmonetary accounts are also examined.

· Chapter 11: Analyzing Financial Position

· This chapter focuses on balanced scorecard and dashboard reporting. The primary financial objective and the critical drivers of financial performance in healthcare firms are analyzed.

· Chapter 12: Financial Analysis of Alternative Healthcare Firms

· This chapter discusses the major nonhospital and non-physician sections of the healthcare industry and their financial analysis.

LearnScape Simulation

1. Jones & Bartlet Learning. Healthcare Finance LearnScape [Access Code]. Sudbury, MA: Jones & Bartlett Learning.

Recommended Resources

Articles

1. Olden, P. (2008). Hospitals, community health, and balanced scorecards. Academy of Health Care Management Journal, 4(1), 39. Retrieved from the ProQuest database.

· This article discusses the balanced scorecard tool.

· Abstract: Community health improvement has been part of many hospitals’ mission statements and strategic plans, although it has been less common in their actual work. Recently, hospital industry leaders and stakeholders have called on hospitals to do much more to improve health status in their local communities. For hospitals to satisfy external demands for improved community health, they must re-direct some of their goals, resources, activities, and work processes.

2. Panayiotis, C. & Roupas, T. (2009). Health care finance, the performance of public hospitals and financial statement analysis. European Research Studies, 12(4), 199. Retrieved from the ProQuest database.

· Abstract: Regional form of Organization of the health care that are called today DyPE, have as a main goal to promote more rational resource allocation through decentralization in the decision making process. The concern for more effective and efficient use of resources devoted into the health care sector renders hospitals a critical vehicle of the quest for superior economic performance, especially if we take into our consideration their mounting over time deficits. Economic performance is primarily traced through a set of specific financial ratios, which embrace important elements that constitute the substance of the financial well-being of hospitals as economic units. An array of financial ratios is critically reviewed and a combination of them is proposed as a means of effective financial management.

Textbook PowerPoint Presentations

1. Chapter 8 General Principles of Accounting Preview the document

2. Chapter 9 Financial Statements Preview the document

3. Chapter 10 Accounting for Inflation Preview the document

4. Chapter 11 Analyzing Financial Position Preview the document

5. Chapter 12 Financial Analysis of Alternative Healthcare Firms Preview the document

6. HFMA PowerPoint on Financial Reporting Preview the document

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