Offering accounting services to health care organizations and would like you to brief your entire department on the fundamentals. Prepare this in the format of an outline not a report or memo.
Your outline would cover the primary similarities and differences in accounting and reporting among (a) private not-for-profit health care organizations, (b) governmental health care organizations, and (c) private for-profit health care organizations. Include which accounting body active governs each, what financial reports are required for each, what are the AICPA requirements, what tax returns and primary special schedules are required, and any unique GASB/FASB requirements