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HS440 Financial Reporting in Healthcare

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HS440 Financial Reporting in Healthcare

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Analyze major financial reports used in healthcare organizations. PC-2.2: Formulate innovative solutions for identified initiatives. For the assignment this week, you imagine yourself as the CFO of your healthcare organization. You are charged with improving the financial performance of your organization. You need to give a speech to the financial staff of your organization and explain the financial tools your team will be using, how the information will be used and the types of financial reports that will be used. It is important to understand the process of how ideas become strategy for the organization and how success will be measured in the organization's path toward improving financial performance. Instructions Create a PowerPoint presentation at least 15-20 slides in length that discusses your how your plan to improve the financial performance of the organization. The presentation should describe the format and elements of various financial reports including a balance sheet, statement of operation, statement of changes in net assets, and statement of cash flows. Also, explain the principle elements of financial analysis that will be used to judge the success of the endeavor. You will describe the various alternatives in financial reporting and how your team will use the financial information obtained through analysis to improve the financial performance of the organization. Be sure to include references and citations from at least five sources. Your PowerPoint presentation needs to be visually appealing as your goal is to thoroughly explain how financial information discovered will become the financial strategy of the organization. Minimum Submission Requirements Writer visually depicts a clear and easy to understand path of improving the financial performance of the organization. Writer describes the format and elements of various financial reports including a balance sheet, statement of operation, statement of changes in net assets, and statement of cash flows. Writer explain the principle elements of financial analysis that will be used to judge the success of the endeavor and the various alternatives in financial reporting. Writer describes how your team will use the financial information obtained through analysis to improve the financial performance of the organization. Writer creates a presentation 15-20 slides in length and includes references and citations from at least five sources and includes visually appealing pictures or animations. If work submitted for this competency assessment does not meet the minimum submission requirements, it will be returned without being scored.

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