discussion board 6 4

My course is Accounting for Healthcare:

(An Even Closer Look at Financial Statements- Chapter 12-13) Assume for our discussion that you were interest in investing in a particular organization’s stock and you were given access to their end of the year financial statements (Auditor’s opinion letter, Balance Sheet, Operating Statement, Statement of Changes in Net Assets, Statement of Cash Flows and footnotes) prepared by their independent auditors. What would be the first five areas that you would review and why?
(Ratio Analysis – How Do We Compare to other Health Care Organizations- Chapter 14) Briefly discuss the purpose and interpretation of the four groupings of ratios used in financial analysis (hint: liquidity, asset turnover, profitability, solvency)



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