Accounting Fundamentals for Health Care Management Third Edition Steven A. Finkler

Accounting Fundamentals for Health Care Management by Steven A. Finkler is a comprehensive resource for students pursuing courses in financial accounting related to healthcare management. Whether at the undergraduate or graduate level, this book provides a solid foundation in basic accounting principles specifically tailored for the healthcare industry.

• ISBN-10: 1284124932
• ISBN-13: 978-1284124934

This book equips students with the necessary vocabulary and knowledge to effectively analyze financial information, pose relevant questions, and comprehend financial reports within a healthcare context. The Third Edition incorporates updates reflecting changes post the healthcare reform enactment, ensuring compliance with the latest accounting standards set by the Financial Accounting Standards Board.

Noteworthy enhancements in the latest edition include revised reporting procedures for bad debts, updated formats for cash flow statements, and modifications in the presentation of net assets on balance sheets. Additionally, all Excel tables and screenshots have been refreshed to align with recent software versions, enhancing readability and accessibility for readers. Problems, solutions, and cases within the book have been reviewed and updated to align with current FASB standards.

About the Authors

Steven A. Finkler, PhD, CPA: Professor Emeritus of Accounting and Financial Management at New York University’s Robert F. Wagner Graduate School of Public Service. With over two decades of experience directing the Healthcare Financial Management specialization, Dr. Finkler is a recognized authority in the field. He has authored numerous books and articles focusing on healthcare financial management and accounting, making substantial contributions to the academic community.

David Ward, Ph.D.: Associate Dean for Academic and Student Affairs in the College of Health Professions at the Medical University of South Carolina. Dr. Ward’s expertise lies in financial management, healthcare accounting, and applied research methods. His contributions to peer-reviewed journals and healthcare accounting textbooks demonstrate his commitment to advancing knowledge in the field.

FAQs

1. Who is the target audience for “Accounting Fundamentals for Health Care Management”?

This book is ideal for students pursuing courses in financial accounting within healthcare management programs, both at the undergraduate and graduate levels.

2. What are some of the key updates in the Third Edition of the book?

The Third Edition incorporates changes post healthcare reform enactment, updates in reporting bad debts, modifications in cash flow statement presentation, and revisions in net assets presentation on balance sheets to comply with the latest FASB standards.

3. Are the Excel tables and screenshots in the book up-to-date?

Yes, all Excel tables and screenshots have been updated to align with recent program versions, enhancing clarity and reader accessibility.

Conclusion

Accounting Fundamentals for Health Care Management by Steven A. Finkler and David Ward is a vital resource for students seeking a thorough understanding of financial accounting in the healthcare sector. With a focus on practical applications and compliance with current standards, this book equips learners with the knowledge and skills necessary to navigate the financial aspects of healthcare management effectively.