PAM 5703 - Financial Accounting

Fall. 2 credits. Letter grades only.

Enrollment limited to: EMHA students.

J. Tracey.

Health Care Accounting is an introductory analytical course which emphasizes theory and concepts. However, accounting is a technical discipline and some mastery of technique is needed to demonstrate an understanding of theory. The course introduces the basic assumptions and concepts underlying the preparation and measurement of financial data related to a business organization. Measurement of business operations, financial reporting, budgeting, cost volume profit analysis, and and product costing are among the subjects to be discussed. Topics relevant to the health care industry will be emphasized. Ethical and global issues are integrated throughout the course along with real world issues.

Outcome 1: Classify transactions and their impact on financial statements.

Outcome 2: Explain relevant accounting concepts and how they impact financial statements.

Outcome 3: Analyze cost data for managerial decision making and explain and assess the budget making process.

Outcome 4: Analyze and present the financial position and results of operations for a business entity.