Accounting for Health Care Organisations

Aims of the course

Student will be able to:
- understand the importance of accounting information for decision-making in healthcare organizations.
- Understand the content of financial statements of health organizations.
- Understand the basic concepts of health care costs.
- Use accounting information for business decisions in healthcare.

Course syllabus

1. Introduction to accounting
1.1. Definition of accounting fields: Financial reporting to external users and accounting for decision-making in healthcare organizations
1.2. Peculiarities of public health care institutions that impacts financial reporting
1.3. Legal bases of financial reporting

2. Financial financial reporting to external users
2.1. Supervising the performance of the health institutions: effective, efficient and successful health care providing
2.2. Annual Report
2.3. Balance Sheet
2.4. Income statement

3. Accounting for decision making
3.1. Various cost classification
3.2. Determination of product cost

Course director(s)