financial statements and training

financial statements and training
Describe the format and elements of a balance sheet, statement of operation, statement of changes in net assets, and statement of cash flows.  Explain financial statement analysis.  Discuss uses of financial information.  Describe alternative in financial reporting. Course outcome(s) addressed in this Assignment: HS440-3: Analyze major financial reports used in health care organizations. Leadership professional competency addressed in this Assignment: PC 2.2: Formulate innovative solutions for identified initiatives. Instructions Imagine that you have recently been promoted to the role of Chief Training and Education Officer for Health Care Systems, Inc., a regional not for profit hospital, with over 3,000 employees who serve all aspects of patient services. In this new role, the CEO has asked to create a training module for all employees. This training and education module will focus on the uses of financial statements to make effective decisions. The CEO also requested that you include some educational information on how financial statements reflect an organization’s financial health. When completing this Assignment, consider the following:  What information is most important for the employees to understand? Ask yourself, “If I was an employee, what would I need to know and why?”  Consider how training and educating employees on the uses of financial statements may influence their everyday decisions. What information should the employees know? What is most important?  What kinds of examples can I provide to show the impact of financial statements on decision making? HS440 | Finance for Health Care 2 The training module should be created as a PowerPoint® Presentation and should include an introduction to the concepts you will train the employees, examples of financial statements employees may encounter, examples of how to use these statements to guide decision making, and a conclusion that summarizes their training. Requirements  Please be sure to download the file “Writing Center Resources” from Doc Sharing to assist you with meeting APA expectations for written assignments.  Cite all of your sources using APA guidelines. Submitting Your Work For directions on how to submit your work and review your graded assignments, refer to the Dropbox Guide found on the Academic Tools tab. Make sure that you save a copy of your submitted work. Unit 5 Assignment Grading Rubric = 250 points Assignment Requirements Points possible Points earned by student Training Module includes a description of the balance sheet, the statement of operations and the income statement. 0-75 Training Module includes a description of the uses of financial statements. 0-75 Training Module includes visual components that support the text content. 0-50 Training Module includes introduction and conclusion. 0-20 Report identifies the users of financial information and the role of finance in decision-making. 0-30 Total (Sum of all points) Points deducted for spelling, grammar, and/or APA errors. (See Writing Deductions Rubric in Course Home)

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