| Introduction
to Finance & Accounting for Healthcare Institutions
Benefits and Added Value
This module is offered as a foundation for obtaining
and using relevant and reliable information about the financial
transactions of the institution and improving the decision-making
process in Healthcare field. This module will enable the participants
to understand and read the financial statements as an introduction
to financial analysis for performance measurement and investment
analysis purposes.
Structure
This program will be conducted over five sessions, five
hours per session, i.e. 25 hours. It will cover the following
topics and issues:
- Introduction to Accounting
- “Purpose / Nature & Concepts”
- Introduction to Financial Statements
- Reading & Constructing a Financial
Statements
- The Income Statements “Accrual vs. Cash
Basis / Matching Principle” “Format & Classification”
- The Balance Sheet “Format & Classification”
- Cash Flow Statement “Direct vs. Indirect
Methods” “Free Cash Flow”
- Financial Statements Analysis
- “Ratio / Cross Sectional Analysis”
(Liquidity / Activity / Leverage / Profitability / Market
Analysis)
- Trend / Time Series Analysis
- Common Size Income Statement & Balance
Sheet
- Evaluating Financial Risk
- Exercises & Cases
Target Participants
This program is targeting
the potential professional and senior level executives in
healthcare institutions, in order to engage them in a
brainstorming experience about contemporary management
applications in the field of healthcare.
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