Financial Statements and Accounting Concept

Unit 3 Fin" rel="nofollow">inancial Statements and Accountin" rel="nofollow">ing Concept Choose one of the followin" rel="nofollow">ing: 1. The in" rel="nofollow">income statement, balance sheet, and statement of cash flows are three major fin" rel="nofollow">inancial statements that present varyin" rel="nofollow">ing snapshots of an organization's fin" rel="nofollow">inancial position. For this topic discussion, consider a healthcare organization with which you are familiar with and examin" rel="nofollow">ine the purposes and components of these documents. How they may be utilized within" rel="nofollow">in healthcare organizations? 2. Consider a healthcare organization with which you are familiar with and explain" rel="nofollow">in the difference between cash and accrual accountin" rel="nofollow">ing in" rel="nofollow">in healthcare settin" rel="nofollow">ing. Be sure to in" rel="nofollow">include a discussion of the revenue recognition and matchin" rel="nofollow">ing prin" rel="nofollow">inciples.