Fin Accounting for Health Sci

Catalog description

Financial accounting is the fundamental preparation, analysis and reporting of financial statements to determine financial performance and position of organizations. This course will cover the fundamental accounting concepts to interpret and understand financial statements and healthcare organization financial performance. Students will learn concepts such as the fundamental accounting equation, the definitions of assets, liabilities, owner's equity/net assets, debits and credits, (GAAP) Generally Accepted Accounting Principles, (IFRS) International Financial Reporting Standards etc. used to improve managerial decision-making and organizational performance.