Category: Accountancy

Cash Versus Accrual Accounting Methods in Healthcare Organizations Managing finances occupies a substantial area in all healthcare organizations due to the significance of real numbers to determine future practices, investments, and expenditures. Two different methods are used in various types of healthcare institutions, which are cash and accrual accounting basis. Still, most healthcare providers use…

Cash vs. Accrual Accounting for Healthcare Organization Hospitals and home care organizations have two distinctly different modes of operation. Whereas hospitals offer a plethora of treatments ranging from rudimentary health check-ups to long-term ambulatory care, home care organizations namely provide visiting nurses to perform procedures, provide instructions, and generally oversee the state of health of…

Waste Management Inc.: Accounting Principles Nowadays, all organizations have to use unified accounting concepts to ensure sufficient reporting of their financial transactions.[1] Waste Management Inc. was one of the organizations that violated these standards while being accused of financial manipulations and fraud. In this instance, reviewing its accounting principles can help understand the actual financial…

Healthcare Organization: Finance and Accounting The success of a health care organization depends primarily on the extensive understanding of accounting and financial management by its executive and managers. Finance and accounting are both used to monitor and manage the financial resources of an organization. Finance and accounting are important aspects of an organizations long-term attainment…

Managerial Accounting in the Area of Health Care Introduction In human society, it is natural that people united with a certain joint goal need some rules of regulations according to which they plan to achieve this goal. As well, the monitoring of results of their performance is also demanded to see how successful the work…

Accounting Research Paper Topics and Planning Accounting research papers may become a pleasure to compose, but for some writers, they may turn into a complete nightmare. The main reason for this is the complexity of accounting terms that are not always comprehensible for nonprofessionals. Therefore, before starting to write an accounting research paper, one has…

Accounting Research Paper Topics and Planning Accounting research papers may become a pleasure to compose, but for some writers, they may turn into a complete nightmare. The main reason for this is the complexity of accounting terms that are not always comprehensible for nonprofessionals. Therefore, before starting to write an accounting research paper, one has…

The Teck Resources Companys Accounting Policies Tecks annual report demonstrates a high degree of transparency, as the financial statements are highly detailed and supplied with analysis and explaining notes. As it is instructed in the CPA Canada Handbook, the company includes the assets, liabilities, income, expenses, and equity in the statement. The numbers are separated…

Managerial Accounting Concepts in Health Care Industry Introduction The continuous increase in the cost of providing health care has resulted in additional pressure on the health care providers to extend their services to their patients in a more cost-effective manner to meet the challenges of retaining the patients as well as maintaining the revenues. To…

Modern Technologies in Business Management: Accounting Information System For an accounting degree to be recognized by an Australian professional bodies like ASCPA, ACA and NIA, it must include an information systems unit. Information systems unit is the way in which a business firm keeps and maintains its books of accounts. The well maintained books of…