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This section is the heart of your presentation. You must break down the three main financial statements, translating accounting jargon into healthcare operational terms.
Slideshare: Principles and Practices of Healthcare Accounting
Hospital accounting is heavily governed by external standards. In the United States, most hospitals follow guidelines, but government-owned hospitals must adhere to GASB (Governmental Accounting Standards Board) . Crucially, non-profit hospitals (which constitute the majority) must file a Form 990 with the IRS, demonstrating that their executive compensation is reasonable and that they provide sufficient charity care to justify their tax-exempt status.
This section is the heart of your presentation. You must break down the three main financial statements, translating accounting jargon into healthcare operational terms.
Slideshare: Principles and Practices of Healthcare Accounting hospital accounting ppt
Hospital accounting is heavily governed by external standards. In the United States, most hospitals follow guidelines, but government-owned hospitals must adhere to GASB (Governmental Accounting Standards Board) . Crucially, non-profit hospitals (which constitute the majority) must file a Form 990 with the IRS, demonstrating that their executive compensation is reasonable and that they provide sufficient charity care to justify their tax-exempt status. This section is the heart of your presentation