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Economics - General Economics Basic Accounting Equation Equation. What are the implications of the basic accounting equation? You must respond to at least two of your classmates’ postings to receive full credit Why is Accounting Needed? How would healthcare companies operate without accounting? Why do we need financial and managerial accounting and what are the fundamental differences between the two? You must respond to at least two of your classmates’ postings to receive full credit Health Care Spending Spending. Review the information provided at the following website: http://www.govspot.com/features/healthcare.htm. Discuss the major financial challenges of Health Care reform. You must respond to at least two of your classmates’ postings to receive full credit Debit/Credit Debit/Credit. Read and respond to question #31 from page 156. You must respond to at least two of your classmates’ postings to receive full credit. Understanding Real World Financial Reports Reports. In a 1-2 page paper, respond to question ATC 4-1 on page 166. Enron Enron. Read and respond to ATC 7-7 on page 285. This situation is similar to the Enron scandal from several years ago. Use the Ashford Online Library to research Enron accounting procedures In your post, discuss how these accounting procedures affected the company and stockholders. You must respond to at least two of your classmates’ postings to receive full credit Corporations and Partnerships Partnerships. Read and respond to ATC 8-6 on page 319. In your post, describe the advantages and disadvantages of organization forms. Include why most large public health care organizations use the corporate form. You must respond to at least two of your classmates’ postings to receive full credit.
Methods of Analysis Analysis. In a 2 to 3 page paper, evaluate the three methods of analysis: horizontal, vertical, and ratio as explained in Chapter 9 of your textbook. Summarize each method, and discuss how the financial information is used to make a particular decision. Provide a scenario in a health care situation in which a given method of analysis might be used. Value Added Principle Principle. From Chapter 10 complete question 2, page 382, on how the value added principle applies to managerial accounting information. Give at least one example of value added information used by a health care organization. You must respond to at least two of your classmates’ postings to receive full credit. Product Costing Costing. From Chapter 10 complete question 3, page 382, on why product costing is different between financial and managerial accounting. What advantage does product costing offer over financial accounting? Illustrate its use by using a health care example. You must respond to at least two of your classmates’ postings to receive full credit Final Paper Preparation Preparation. Research and select the journal articles you will use as sources for your final paper. Summarize the articles and prepare a brief outline. Responsibility Centers Centers. From Chapter 15 complete question 3, page 550, on responsibility centers. Use your text and one additional source. You must respond to at least two of your other classmates’ postings to receive full credit. Master Budget Budget. From Chapter 14 complete question 2, page 516, on the master budget process. Your post should address how this would work in a health care setting. You must respond to at least two of your classmates’ postings to receive full credit.
Focus of the Final Paper Write an 8 to 10 page Case Analysis of the following article (which can be found in the Ashford Online ProQuest database): Souza, M. & McCarty, B. (2007). From bottom to top: How one provider retooled its collections [electronic version]. Healthcare Financial Management, 61(9), 67-73. Include the following: 1) Complete summary of the case study that identifies the key problems and issues, provides background information, relevant facts, the solution employed, and the results achieved. 2) Identify and explain the accounting practices California Sutter Health used in defining and solving its collection problems. Develop an alternative solution based on your own
research using 3 to 5 academic sources from journals, professional organizations, and websites. 3) State your informed opinion of the approach used by California Sutter Health, and provide support using concepts from your research and personal experience.