Accounting and Financial Management

Catalog description

This course explores selected principles of financial accounting, managerial accounting and applied micro-economics (managerial finance) in nonprofit health care delivery organizations. The course focuses on learning and applying key tools and concepts to problems faced by clinicians and administrators. Topics include, but are not limited to: financial statement structure and analysis, cost concepts used in budgeting, approaches to resource allocation including incremental/marginal analysis, assessing economic viability using cost of capital concepts and adjusting for project risk.