Explain the fundamental concepts of accounting in the health care environment and showcase your knowledge of accounting.

Exam Content
You are applying for a health care manager position that reports to a department head of a hospital. As part of this role, you may be responsible for pulling key financial data for the department head and completing some simple financial analysis. As part of the interview process, the recruiter wants to ensure your familiarity with financial documents and the data they contain.

The process of completing this interview step will allow you the opportunity to explain the fundamental concepts of accounting in the health care environment and showcase your knowledge of accounting.

Preparation
Watch these videos to prepare for the assessment:

Why Conduct Financial Audits?
Video with transcript

Reviewing Financial Statements, Part I
Video with transcript

Reviewing Financial Statements, Part II
Video with transcript

Open the Stanford audited financial statements to reference for this assessment.

Note: Income statements can be named something else depending upon the publisher (consider that income statements contain operating costs and revenues).

Assessment Deliverable
Complete the Accounting Investigation worksheet.

Submit your assessment.

Assessment Support
Review the rubric for guidance on deliverable expectations.