Accounting for Healthcare Management

(3 Credits)

In this introductory course, students will learn the fundamentals of financial accounting and investment analysis. Financial accounting is a set of tools used by managers and external stakeholders for reporting on and analyzing an organization’s financial performance and position. Topics include debits and credits, the recording process, preparing and analyzing financial statements (balance sheet, operating statement, and cash flow statement), and specific topics of importance to health care organizations. Investment analysis forms the basis for capital budgeting and long-term financing - topics covered in additional courses. Topics include cash flow projections and analysis. Throughout all the course topics, computer spreadsheet skills are emphasized and demonstrated.