Unit 5 Assignment: Financial Statements Training and Education
Unit outcome(s) addressed in this Assignment:
Describe the format and elements of a balance sheet, statement of operation, statement of changes in net assets, and statement of cash flows.
Explain financial statement analysis.
Discuss uses of financial information.
Describe alternative in financial reporting.
To help find information use the link below and use the 7-day free trail. We are going over chapters 11 (Reporting Profits) and Chapter 12 (Reporting Assets, Financing, and Cash Flows).
Imagine that you have recently been promoted to the role of Chief Training and Education Officer for Health Care Systems, Inc., a regional not for profit hospital, with over 3,000 employees who serve all aspects of patient services.
In this new role, the CEO has asked to create a training module for all employees. This training and education module will focus on the uses of financial statements to make effective decisions.
The CEO also requested that you include some educational information on how financial statements reflect an organization’s financial health.
When completing this Assignment, consider the following:
What information is most important for the employees to understand? Ask yourself, “If I was an employee, what would I need to know and why?”
Consider how training and educating employees on the uses of financial statements may influence their everyday decisions. What information should the employees know? What is most important?
What kinds of examples can I provide to show the impact of financial statements on decision making?
HS440 | Finance for Health Care Requirements
The training module should be created as a PowerPoint® Presentation and should include an introduction to the concepts you will train the employees, examples of financial statements employees may encounter, examples of how to use these statements to guide decision making, and a conclusion that summarizes their training.
Assignment Requirements Points possible
Points earned by student
– Training Module includes a description of the balance sheet, the statement of operations and the income statement. (0-75)
– Training Module includes a description of the uses of financial statements. (0-75)
– Training Module includes visual components that support the text content. (0-50)
– Training Module includes introduction and conclusion. (0-20)
– Report identifies the users of financial information and the role of finance in decision-making. (0-30)
Points deducted for spelling, grammar, and/or APA errors.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more