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Accounting Fundamentals for Health Care Management is ideal for an introductory course in financial accounting in both undergraduate and graduate programs. This is the first book that focuses on basic accounting in health care management. This essential book contains the vocabulary of and an introduction to the tools and concepts employed by finance officers. It will help anyone assess financial information, ask the appropriate questions, and understand the jargon-laden answers. This book is indispensable for anyone who manages a department and a budget.Key Features:Includes web-based end-of-chapter questions and problems as well as a number of Excel templates that can help the reader use the various tools presented in the book.Each chapter includes "Key Concepts" and "Test Your Knowledge" sections.Includes information on the valuation of assets and equities, recording and reporting financial information, depreciation, time value of money, inventory costing, working captial management, financial statement analysis, and more, all applied to health care organizations.The Second Edition offers:1. Expanded questions for discussion and homework problems.2. Updated and expanded test bank.3. New charts, graphs, tables, and excel screen captures to make the material easier for students to comprehend. 4. Updated excel templates 5. Expanded discussion of using time value of money for investments6. An excel tutorial7. A discussion of IFRS (International Financial Reporting Standards) which are expected to dramatically change the generally accepted accounting principles that are used in the United States 8. A discussion of mark to market accounting, and its role in the subprime economic crisis9. A new chapter on ethics and fraud.