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Glossary Entry
Financial Management > Accounting > Financial accounting basics, concepts and assumptions
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Subtopics:
Accounting cycle, Cash versus accrual basis of accounting, Definitions of basic terms, GAAP
Learning Objectives:
Undergraduates
should be able to
Explain the fundamental concepts and assumptions of Generally Accepted Accounting Principles
Describe the current regulatory environment of healthcare accounting
Graduate
students should
Apply the fundamental concepts and assumptions of Generally Accepted Accounting Principles to explain the financial operations of a given healthcare organization
Explain the financial assumptions underlying the financial performance of a healthcare organization
Created By:
Gerod Blue
12-11-2012
Last Updated By:
Gerod Blue
12-11-2012
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