Assignment
As the Director of Accounting, you have been tasked with briefing during the new employee's orientation on the principles of accounting and how these apply to your hospital. In addressing the principles of accounting, you are concerned with both sets of accounting information--financial and managerial. Managerial accounting has no formally adopted set of principles it relies strongly on financial accounting principles. Understanding the principles and basics of financial accounting is critical to understanding both financial and managerial accounting information.
In a PowerPoint presentation of 5-7 slides not including the title or reference slides and with 10-200 word speaker notes:
• Address the regulations around safeguarding financial information to prevent fraudulent activity.
• Identify and explain the five principles or processes of managerial accounting and how they apply to the financial statements specific to your healthcare institution.
Text Book: Financial Management of Health Care Organizations- An Introduction to Fundamental Tools, Concets and Applications by William N. Zelman, Michael J. McCue, Noah D. Glick and Marci S. Thomas.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also include a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also Include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.