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HCS 405 Week 3 Financial Statements Review

HCS 405 Week 3 Financial Statements Review

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HCS 405 Week 3 Financial Statements Review -

Resources: Patton-Fuller Community Hospital Virtual Organization and University of Phoenix Material: Financial Statements Review Grading Criteria

Review the financial statements,located in the Patton-Fuller Community Hospital Virtual Organization.

  1. Click on the Virtual Organizationlink on the left column of the student website.
  2. Click on the Healthcare tab and access the Patton-Fuller Community Hospital.
  3. Click the Chief Financial Officerlink under the Corporate Officerstab to access the financial statements.

Write a 700- to 1,050-word summary that addresses the following:

·         Annual report, including the Patton-Fuller financial statements

o   How did the audited and unaudited financial statements differ?

·         Relationship between revenue sources and expenses on Patton-Fuller’s financial performance

o   What is the effect of revenue sources on financial reporting at the hospital?

o   How are the hospital’s revenues and expenses grouped for planning and control?

Format your paper consistent with APA guidelines.

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