Financial Accounting Tools
Instructions
1. In 2-4 paragraphs, identify and explain the characteristics of the four basic financial statements?
2. In 2-4 paragraphs, what are some ways in which accounting for healthcare organizations (HCOs), especially not-for-profit (NFP) ones, tend to differ from accounting in other industries?
3. What three pieces of information are needed to convert nominal dollars to constant dollars? (1-2 paragraphs)
2. In 2-4 paragraphs, what are some ways in which accounting for healthcare organizations (HCOs), especially not-for-profit (NFP) ones, tend to differ from accounting in other industries?
3. What three pieces of information are needed to convert nominal dollars to constant dollars? (1-2 paragraphs)
Readings:
Cleverley, Cleverley & Song text: Chapters 9 and 10






