Assignment task: The Purpose and Use of Financial Statements
Locate, and provide a high-level overview of an article or entry from a credible resource that discusses at least one of three types of financial statements:
- Balance sheet
- Income statement
- Statement of cash flows
For this conversation, please discuss your overview and explain why a healthcare professional would want to review a statement. Then engage in the following:
Discuss the information presented on it and why it is important for everyone in the organization to understand.