Financial Management I

2 Credits · Level: Graduate, Undergraduate

Financial accountability is a critical responsibility of health services administrators. This course presents basic concepts and techniques for effective decision-making and stewardship, including financial statement analysis; strategic financial planning; capital formation; responsibility and cost accounting; operational, capital and cash budgeting; capital project analysis; and working capital management. It aims to impart an understanding of how finance theory and practice can inform the decision-making of the health care firm. It will integrate corporate finance and accounting theories, institutional knowledge of health care finance, and applications to specific problems.