Accounting Fundamentals for Health Care Management

by Finkler, Steven A.; Ward, David M.; Calabrese, Thad

• ISBN13: 9781449645281
• ISBN10: 1449645283
• Edition: 2nd
• Format: Paperback
• Copyright: 2011-12-14
• Publisher: Jones & Bartlett Learning

Summary

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.

Table of Contents

Acknowledgements
Preface
Chapter1 Introduction to Health Care Accounting and Financial Management
Chapter2 Introduction to Electronic Spreadsheets
Chapter3 The Financial Environment of Health Care Organizations
Chapter4 Accounting Concepts
Chapter5 Introduction to the Key Financial Statements
Chapter6 Valuation of Assets and Equities
Chapter7 Recording Financial Information
Chapter8 Reporting Financial Information: A Closer Look at the Financial Statements
Chapter9 The Role of the Outside Auditor
Chapter10 Depreciation: Having Your Cake and Eating it Too!
Chapter11 Inventory Costing: The Accountant's World of Make-Believe
Chapter12 An Even Closer Look at Financial Statements
Chapter13 Notes to the Financial Statements: The Inside Story
Chapter14 Ratio Analysis: How Do We Compare to Other Health Care Organizations?
Chapter15 Working Capital Management and Banking Relationships
Chapter16 Investment Analysis: What Should We Do Next?
Chapter17 Capital Structure: Long-Term Debt and Equity Financing
Chapter18 Case Study: Happy Hospital