The purpose of financial accounting is to summarize a business’s financial activity in the financial statements. Accurate, complete, responsible financial accounting is an absolute must for maintaining stability in a business.

The principles and practices supporting financial accounting are presented in this course. It provides a clear description of fundamental accounting principles and terminology that finance professionals need to know and a clear analysis of provider, health plan, and physician group financial statements, as well as management and financial reports used in health care.  

Course objectives

  • Identify the basic elements of the accounting function
  • Differentiate between key financial statements and the information they provide
  • Determine an organization’s financial condition with the use of financial statements and analysis tools

Other courses in the program

Healthcare Finance—The Big Picture
Cost Analysis Principles
Strategic Financial Issues
Managing Financial Resources
Looking to the Future

Six self-paced courses to help you make sense of today’s healthcare system - the fee includes all six courses and the exam.

Register now for HFMA Business of Health Care® Online Program.