SlideShare a Scribd company logo
Cash-basis and Accrual Accounting
The practice of reporting financial information as a function in
today’s operation of a medical practice is particularly important
due to intense demands for fiscal acuity. Therefore, it's
important to understand the difference between cash and accrual
accounting.
What is the difference between cash-basis accounting and
accrual accounting? How does each method affect the financial
statements?
Financial Statements and their Use
A healthcare organization’s financial statements provide various
financial information that key stakeholders (investors, vendors,
financial institutions, employees, etc.) use to evaluate an
entity’s financial performance. Financial statements are also
important to an organization’s managers because by publishing
financial statements, management can communicate with
interested outside parties about its accomplishment running the
organization.
Different financial statements focus on different areas of
financial performances.
What are the four basic financial statements and what does each
report tell the healthcare manager?

More Related Content

Similar to Cash-basis and Accrual AccountingThe practice of reporting fin.docx

Mh0054 – finance, economics and planning in healthcare services
Mh0054 – finance, economics and planning in healthcare servicesMh0054 – finance, economics and planning in healthcare services
Mh0054 – finance, economics and planning in healthcare services
smumbahelp
 
Chapter one LIC.ppt
Chapter one LIC.pptChapter one LIC.ppt
Chapter one LIC.ppt
HaleemaAbdella
 
INTRODUCTION TO ACCOUTING CLASS11
INTRODUCTION TO ACCOUTING CLASS11INTRODUCTION TO ACCOUTING CLASS11
INTRODUCTION TO ACCOUTING CLASS11
AnshKarkra
 
The world of accounts
The world of accountsThe world of accounts
The world of accounts
harsh khandelwal
 
What is financial accounting.pdf
What is financial accounting.pdfWhat is financial accounting.pdf
What is financial accounting.pdf
sarikabangimatam
 
IQ from a QOE: Key Considerations When Performing a Quality of Earnings Analy...
IQ from a QOE: Key Considerations When Performing a Quality of Earnings Analy...IQ from a QOE: Key Considerations When Performing a Quality of Earnings Analy...
IQ from a QOE: Key Considerations When Performing a Quality of Earnings Analy...
PYA, P.C.
 
Financial and management accounting notes @ mba bk
Financial and management accounting notes @ mba bkFinancial and management accounting notes @ mba bk
Financial and management accounting notes @ mba bk
Babasab Patil
 
Acc 280 week 1 assignment financial statements paper
Acc 280 week 1 assignment   financial statements paperAcc 280 week 1 assignment   financial statements paper
Acc 280 week 1 assignment financial statements paperyouruopguide
 
Fund Accounting Software is Different. How and Why..pdf
Fund Accounting Software is Different. How and Why..pdfFund Accounting Software is Different. How and Why..pdf
Fund Accounting Software is Different. How and Why..pdf
Tangicloud
 
Accounting.docx
Accounting.docxAccounting.docx
Accounting.docx
AlihaFatima6
 
Financial Accounting Vs. Management Accounting | Academy Tax4wealth
Financial Accounting Vs. Management Accounting | Academy Tax4wealthFinancial Accounting Vs. Management Accounting | Academy Tax4wealth
Financial Accounting Vs. Management Accounting | Academy Tax4wealth
Academy Tax4wealth
 
Financial Accounting Vs. Management Accounting | Academy Tax4wealth
Financial Accounting Vs. Management Accounting | Academy Tax4wealthFinancial Accounting Vs. Management Accounting | Academy Tax4wealth
Financial Accounting Vs. Management Accounting | Academy Tax4wealth
Academy Tax4wealth
 
Managing A Firm Based On Past Oriented Financial Statements
Managing A Firm Based On Past Oriented Financial StatementsManaging A Firm Based On Past Oriented Financial Statements
Managing A Firm Based On Past Oriented Financial Statements
Beth Hernandez
 
Exploring the Role of Technology and Internet Financial Reports on Financial ...
Exploring the Role of Technology and Internet Financial Reports on Financial ...Exploring the Role of Technology and Internet Financial Reports on Financial ...
Exploring the Role of Technology and Internet Financial Reports on Financial ...
Premier Publishers
 
P 1
P  1P  1
Please list at least 5 major differences between Managerial and Fina.pdf
Please list at least 5 major differences between Managerial and Fina.pdfPlease list at least 5 major differences between Managerial and Fina.pdf
Please list at least 5 major differences between Managerial and Fina.pdf
eyezoneamritsar
 
Julie colacurto audit_plan
Julie colacurto audit_planJulie colacurto audit_plan
Julie colacurto audit_plan
Julie Colacurto
 
Financial and management accounting
Financial and management accountingFinancial and management accounting
Financial and management accounting
Joseph Oloba
 
Response 1Part 1Memo Understanding Similarities an.docx
Response 1Part 1Memo Understanding Similarities an.docxResponse 1Part 1Memo Understanding Similarities an.docx
Response 1Part 1Memo Understanding Similarities an.docx
carlstromcurtis
 

Similar to Cash-basis and Accrual AccountingThe practice of reporting fin.docx (20)

Mh0054 – finance, economics and planning in healthcare services
Mh0054 – finance, economics and planning in healthcare servicesMh0054 – finance, economics and planning in healthcare services
Mh0054 – finance, economics and planning in healthcare services
 
Chapter one LIC.ppt
Chapter one LIC.pptChapter one LIC.ppt
Chapter one LIC.ppt
 
INTRODUCTION TO ACCOUTING CLASS11
INTRODUCTION TO ACCOUTING CLASS11INTRODUCTION TO ACCOUTING CLASS11
INTRODUCTION TO ACCOUTING CLASS11
 
The world of accounts
The world of accountsThe world of accounts
The world of accounts
 
What is financial accounting.pdf
What is financial accounting.pdfWhat is financial accounting.pdf
What is financial accounting.pdf
 
IQ from a QOE: Key Considerations When Performing a Quality of Earnings Analy...
IQ from a QOE: Key Considerations When Performing a Quality of Earnings Analy...IQ from a QOE: Key Considerations When Performing a Quality of Earnings Analy...
IQ from a QOE: Key Considerations When Performing a Quality of Earnings Analy...
 
Financial and management accounting notes @ mba bk
Financial and management accounting notes @ mba bkFinancial and management accounting notes @ mba bk
Financial and management accounting notes @ mba bk
 
Acc 280 week 1 assignment financial statements paper
Acc 280 week 1 assignment   financial statements paperAcc 280 week 1 assignment   financial statements paper
Acc 280 week 1 assignment financial statements paper
 
Fund Accounting Software is Different. How and Why..pdf
Fund Accounting Software is Different. How and Why..pdfFund Accounting Software is Different. How and Why..pdf
Fund Accounting Software is Different. How and Why..pdf
 
accounting2
accounting2accounting2
accounting2
 
Accounting.docx
Accounting.docxAccounting.docx
Accounting.docx
 
Financial Accounting Vs. Management Accounting | Academy Tax4wealth
Financial Accounting Vs. Management Accounting | Academy Tax4wealthFinancial Accounting Vs. Management Accounting | Academy Tax4wealth
Financial Accounting Vs. Management Accounting | Academy Tax4wealth
 
Financial Accounting Vs. Management Accounting | Academy Tax4wealth
Financial Accounting Vs. Management Accounting | Academy Tax4wealthFinancial Accounting Vs. Management Accounting | Academy Tax4wealth
Financial Accounting Vs. Management Accounting | Academy Tax4wealth
 
Managing A Firm Based On Past Oriented Financial Statements
Managing A Firm Based On Past Oriented Financial StatementsManaging A Firm Based On Past Oriented Financial Statements
Managing A Firm Based On Past Oriented Financial Statements
 
Exploring the Role of Technology and Internet Financial Reports on Financial ...
Exploring the Role of Technology and Internet Financial Reports on Financial ...Exploring the Role of Technology and Internet Financial Reports on Financial ...
Exploring the Role of Technology and Internet Financial Reports on Financial ...
 
P 1
P  1P  1
P 1
 
Please list at least 5 major differences between Managerial and Fina.pdf
Please list at least 5 major differences between Managerial and Fina.pdfPlease list at least 5 major differences between Managerial and Fina.pdf
Please list at least 5 major differences between Managerial and Fina.pdf
 
Julie colacurto audit_plan
Julie colacurto audit_planJulie colacurto audit_plan
Julie colacurto audit_plan
 
Financial and management accounting
Financial and management accountingFinancial and management accounting
Financial and management accounting
 
Response 1Part 1Memo Understanding Similarities an.docx
Response 1Part 1Memo Understanding Similarities an.docxResponse 1Part 1Memo Understanding Similarities an.docx
Response 1Part 1Memo Understanding Similarities an.docx
 

More from tidwellveronique

EDUC 742EDUC 742Reading Summary and Reflective Comments .docx
EDUC 742EDUC 742Reading Summary and Reflective Comments .docxEDUC 742EDUC 742Reading Summary and Reflective Comments .docx
EDUC 742EDUC 742Reading Summary and Reflective Comments .docx
tidwellveronique
 
EDUC 380 Blog Post Samples Module 1 The Brain Below .docx
EDUC 380 Blog Post Samples Module 1 The Brain  Below .docxEDUC 380 Blog Post Samples Module 1 The Brain  Below .docx
EDUC 380 Blog Post Samples Module 1 The Brain Below .docx
tidwellveronique
 
EDUC 741Course Project Part 1 Grading RubricCriteriaLevels .docx
EDUC 741Course Project Part 1 Grading RubricCriteriaLevels .docxEDUC 741Course Project Part 1 Grading RubricCriteriaLevels .docx
EDUC 741Course Project Part 1 Grading RubricCriteriaLevels .docx
tidwellveronique
 
EDUC 740Prayer Reflection Report Grading RubricCriteriaLev.docx
EDUC 740Prayer Reflection Report Grading RubricCriteriaLev.docxEDUC 740Prayer Reflection Report Grading RubricCriteriaLev.docx
EDUC 740Prayer Reflection Report Grading RubricCriteriaLev.docx
tidwellveronique
 
EDUC 6733 Action Research for EducatorsReading LiteracyDraft.docx
EDUC 6733 Action Research for EducatorsReading LiteracyDraft.docxEDUC 6733 Action Research for EducatorsReading LiteracyDraft.docx
EDUC 6733 Action Research for EducatorsReading LiteracyDraft.docx
tidwellveronique
 
EDUC 637Technology Portfolio InstructionsGeneral OverviewF.docx
EDUC 637Technology Portfolio InstructionsGeneral OverviewF.docxEDUC 637Technology Portfolio InstructionsGeneral OverviewF.docx
EDUC 637Technology Portfolio InstructionsGeneral OverviewF.docx
tidwellveronique
 
EDUC 364 The Role of Cultural Diversity in Schooling A dialecti.docx
EDUC 364 The Role of Cultural Diversity in Schooling A dialecti.docxEDUC 364 The Role of Cultural Diversity in Schooling A dialecti.docx
EDUC 364 The Role of Cultural Diversity in Schooling A dialecti.docx
tidwellveronique
 
EDUC 144 Writing Tips The writing assignments in this cla.docx
EDUC 144 Writing Tips  The writing assignments in this cla.docxEDUC 144 Writing Tips  The writing assignments in this cla.docx
EDUC 144 Writing Tips The writing assignments in this cla.docx
tidwellveronique
 
EDUC 1300- LEARNING FRAMEWORK Portfolio Page Prompts .docx
EDUC 1300- LEARNING FRAMEWORK Portfolio Page Prompts .docxEDUC 1300- LEARNING FRAMEWORK Portfolio Page Prompts .docx
EDUC 1300- LEARNING FRAMEWORK Portfolio Page Prompts .docx
tidwellveronique
 
EDU734 Teaching and Learning Environment Week 5.docx
EDU734 Teaching and  Learning Environment Week 5.docxEDU734 Teaching and  Learning Environment Week 5.docx
EDU734 Teaching and Learning Environment Week 5.docx
tidwellveronique
 
EDU 505 – Contemporary Issues in EducationCOURSE DESCRIPTION.docx
EDU 505 – Contemporary Issues in EducationCOURSE DESCRIPTION.docxEDU 505 – Contemporary Issues in EducationCOURSE DESCRIPTION.docx
EDU 505 – Contemporary Issues in EducationCOURSE DESCRIPTION.docx
tidwellveronique
 
EDU 3338 Lesson Plan TemplateCandidate NameCooperatin.docx
EDU 3338 Lesson Plan TemplateCandidate NameCooperatin.docxEDU 3338 Lesson Plan TemplateCandidate NameCooperatin.docx
EDU 3338 Lesson Plan TemplateCandidate NameCooperatin.docx
tidwellveronique
 
EDU 3215 Lesson Plan Template & Elements Name Andres Rod.docx
EDU 3215 Lesson Plan Template & Elements  Name Andres Rod.docxEDU 3215 Lesson Plan Template & Elements  Name Andres Rod.docx
EDU 3215 Lesson Plan Template & Elements Name Andres Rod.docx
tidwellveronique
 
EDST 1100R SITUATED LEARNING EDST 1100 N Situated Learning .docx
EDST 1100R SITUATED LEARNING  EDST 1100 N Situated Learning .docxEDST 1100R SITUATED LEARNING  EDST 1100 N Situated Learning .docx
EDST 1100R SITUATED LEARNING EDST 1100 N Situated Learning .docx
tidwellveronique
 
EDU 151 Thematic Unit Required ComponentsThematic Unit Requireme.docx
EDU 151 Thematic Unit Required ComponentsThematic Unit Requireme.docxEDU 151 Thematic Unit Required ComponentsThematic Unit Requireme.docx
EDU 151 Thematic Unit Required ComponentsThematic Unit Requireme.docx
tidwellveronique
 
EDSP 429Differentiated Instruction PowerPoint InstructionsThe .docx
EDSP 429Differentiated Instruction PowerPoint InstructionsThe .docxEDSP 429Differentiated Instruction PowerPoint InstructionsThe .docx
EDSP 429Differentiated Instruction PowerPoint InstructionsThe .docx
tidwellveronique
 
EDSP 429Fact Sheet on Disability Categories InstructionsThe pu.docx
EDSP 429Fact Sheet on Disability Categories InstructionsThe pu.docxEDSP 429Fact Sheet on Disability Categories InstructionsThe pu.docx
EDSP 429Fact Sheet on Disability Categories InstructionsThe pu.docx
tidwellveronique
 
EDSP 370Individualized Education Plan (IEP) InstructionsThe .docx
EDSP 370Individualized Education Plan (IEP) InstructionsThe .docxEDSP 370Individualized Education Plan (IEP) InstructionsThe .docx
EDSP 370Individualized Education Plan (IEP) InstructionsThe .docx
tidwellveronique
 
EDSP 377Scenario InstructionsScenario 2 Teaching communicatio.docx
EDSP 377Scenario InstructionsScenario 2 Teaching communicatio.docxEDSP 377Scenario InstructionsScenario 2 Teaching communicatio.docx
EDSP 377Scenario InstructionsScenario 2 Teaching communicatio.docx
tidwellveronique
 
EDSP 377Autism Interventions1. Applied Behavior Analysis (ABA).docx
EDSP 377Autism Interventions1. Applied Behavior Analysis (ABA).docxEDSP 377Autism Interventions1. Applied Behavior Analysis (ABA).docx
EDSP 377Autism Interventions1. Applied Behavior Analysis (ABA).docx
tidwellveronique
 

More from tidwellveronique (20)

EDUC 742EDUC 742Reading Summary and Reflective Comments .docx
EDUC 742EDUC 742Reading Summary and Reflective Comments .docxEDUC 742EDUC 742Reading Summary and Reflective Comments .docx
EDUC 742EDUC 742Reading Summary and Reflective Comments .docx
 
EDUC 380 Blog Post Samples Module 1 The Brain Below .docx
EDUC 380 Blog Post Samples Module 1 The Brain  Below .docxEDUC 380 Blog Post Samples Module 1 The Brain  Below .docx
EDUC 380 Blog Post Samples Module 1 The Brain Below .docx
 
EDUC 741Course Project Part 1 Grading RubricCriteriaLevels .docx
EDUC 741Course Project Part 1 Grading RubricCriteriaLevels .docxEDUC 741Course Project Part 1 Grading RubricCriteriaLevels .docx
EDUC 741Course Project Part 1 Grading RubricCriteriaLevels .docx
 
EDUC 740Prayer Reflection Report Grading RubricCriteriaLev.docx
EDUC 740Prayer Reflection Report Grading RubricCriteriaLev.docxEDUC 740Prayer Reflection Report Grading RubricCriteriaLev.docx
EDUC 740Prayer Reflection Report Grading RubricCriteriaLev.docx
 
EDUC 6733 Action Research for EducatorsReading LiteracyDraft.docx
EDUC 6733 Action Research for EducatorsReading LiteracyDraft.docxEDUC 6733 Action Research for EducatorsReading LiteracyDraft.docx
EDUC 6733 Action Research for EducatorsReading LiteracyDraft.docx
 
EDUC 637Technology Portfolio InstructionsGeneral OverviewF.docx
EDUC 637Technology Portfolio InstructionsGeneral OverviewF.docxEDUC 637Technology Portfolio InstructionsGeneral OverviewF.docx
EDUC 637Technology Portfolio InstructionsGeneral OverviewF.docx
 
EDUC 364 The Role of Cultural Diversity in Schooling A dialecti.docx
EDUC 364 The Role of Cultural Diversity in Schooling A dialecti.docxEDUC 364 The Role of Cultural Diversity in Schooling A dialecti.docx
EDUC 364 The Role of Cultural Diversity in Schooling A dialecti.docx
 
EDUC 144 Writing Tips The writing assignments in this cla.docx
EDUC 144 Writing Tips  The writing assignments in this cla.docxEDUC 144 Writing Tips  The writing assignments in this cla.docx
EDUC 144 Writing Tips The writing assignments in this cla.docx
 
EDUC 1300- LEARNING FRAMEWORK Portfolio Page Prompts .docx
EDUC 1300- LEARNING FRAMEWORK Portfolio Page Prompts .docxEDUC 1300- LEARNING FRAMEWORK Portfolio Page Prompts .docx
EDUC 1300- LEARNING FRAMEWORK Portfolio Page Prompts .docx
 
EDU734 Teaching and Learning Environment Week 5.docx
EDU734 Teaching and  Learning Environment Week 5.docxEDU734 Teaching and  Learning Environment Week 5.docx
EDU734 Teaching and Learning Environment Week 5.docx
 
EDU 505 – Contemporary Issues in EducationCOURSE DESCRIPTION.docx
EDU 505 – Contemporary Issues in EducationCOURSE DESCRIPTION.docxEDU 505 – Contemporary Issues in EducationCOURSE DESCRIPTION.docx
EDU 505 – Contemporary Issues in EducationCOURSE DESCRIPTION.docx
 
EDU 3338 Lesson Plan TemplateCandidate NameCooperatin.docx
EDU 3338 Lesson Plan TemplateCandidate NameCooperatin.docxEDU 3338 Lesson Plan TemplateCandidate NameCooperatin.docx
EDU 3338 Lesson Plan TemplateCandidate NameCooperatin.docx
 
EDU 3215 Lesson Plan Template & Elements Name Andres Rod.docx
EDU 3215 Lesson Plan Template & Elements  Name Andres Rod.docxEDU 3215 Lesson Plan Template & Elements  Name Andres Rod.docx
EDU 3215 Lesson Plan Template & Elements Name Andres Rod.docx
 
EDST 1100R SITUATED LEARNING EDST 1100 N Situated Learning .docx
EDST 1100R SITUATED LEARNING  EDST 1100 N Situated Learning .docxEDST 1100R SITUATED LEARNING  EDST 1100 N Situated Learning .docx
EDST 1100R SITUATED LEARNING EDST 1100 N Situated Learning .docx
 
EDU 151 Thematic Unit Required ComponentsThematic Unit Requireme.docx
EDU 151 Thematic Unit Required ComponentsThematic Unit Requireme.docxEDU 151 Thematic Unit Required ComponentsThematic Unit Requireme.docx
EDU 151 Thematic Unit Required ComponentsThematic Unit Requireme.docx
 
EDSP 429Differentiated Instruction PowerPoint InstructionsThe .docx
EDSP 429Differentiated Instruction PowerPoint InstructionsThe .docxEDSP 429Differentiated Instruction PowerPoint InstructionsThe .docx
EDSP 429Differentiated Instruction PowerPoint InstructionsThe .docx
 
EDSP 429Fact Sheet on Disability Categories InstructionsThe pu.docx
EDSP 429Fact Sheet on Disability Categories InstructionsThe pu.docxEDSP 429Fact Sheet on Disability Categories InstructionsThe pu.docx
EDSP 429Fact Sheet on Disability Categories InstructionsThe pu.docx
 
EDSP 370Individualized Education Plan (IEP) InstructionsThe .docx
EDSP 370Individualized Education Plan (IEP) InstructionsThe .docxEDSP 370Individualized Education Plan (IEP) InstructionsThe .docx
EDSP 370Individualized Education Plan (IEP) InstructionsThe .docx
 
EDSP 377Scenario InstructionsScenario 2 Teaching communicatio.docx
EDSP 377Scenario InstructionsScenario 2 Teaching communicatio.docxEDSP 377Scenario InstructionsScenario 2 Teaching communicatio.docx
EDSP 377Scenario InstructionsScenario 2 Teaching communicatio.docx
 
EDSP 377Autism Interventions1. Applied Behavior Analysis (ABA).docx
EDSP 377Autism Interventions1. Applied Behavior Analysis (ABA).docxEDSP 377Autism Interventions1. Applied Behavior Analysis (ABA).docx
EDSP 377Autism Interventions1. Applied Behavior Analysis (ABA).docx
 

Recently uploaded

Sha'Carri Richardson Presentation 202345
Sha'Carri Richardson Presentation 202345Sha'Carri Richardson Presentation 202345
Sha'Carri Richardson Presentation 202345
beazzy04
 
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
MysoreMuleSoftMeetup
 
The Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official PublicationThe Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official Publication
Delapenabediema
 
TESDA TM1 REVIEWER FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
TESDA TM1 REVIEWER  FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...TESDA TM1 REVIEWER  FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
TESDA TM1 REVIEWER FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
EugeneSaldivar
 
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXXPhrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
MIRIAMSALINAS13
 
Unit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdfUnit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdf
Thiyagu K
 
1.4 modern child centered education - mahatma gandhi-2.pptx
1.4 modern child centered education - mahatma gandhi-2.pptx1.4 modern child centered education - mahatma gandhi-2.pptx
1.4 modern child centered education - mahatma gandhi-2.pptx
JosvitaDsouza2
 
Adversarial Attention Modeling for Multi-dimensional Emotion Regression.pdf
Adversarial Attention Modeling for Multi-dimensional Emotion Regression.pdfAdversarial Attention Modeling for Multi-dimensional Emotion Regression.pdf
Adversarial Attention Modeling for Multi-dimensional Emotion Regression.pdf
Po-Chuan Chen
 
Polish students' mobility in the Czech Republic
Polish students' mobility in the Czech RepublicPolish students' mobility in the Czech Republic
Polish students' mobility in the Czech Republic
Anna Sz.
 
Introduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp NetworkIntroduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp Network
TechSoup
 
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
Levi Shapiro
 
How to Make a Field invisible in Odoo 17
How to Make a Field invisible in Odoo 17How to Make a Field invisible in Odoo 17
How to Make a Field invisible in Odoo 17
Celine George
 
"Protectable subject matters, Protection in biotechnology, Protection of othe...
"Protectable subject matters, Protection in biotechnology, Protection of othe..."Protectable subject matters, Protection in biotechnology, Protection of othe...
"Protectable subject matters, Protection in biotechnology, Protection of othe...
SACHIN R KONDAGURI
 
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
Nguyen Thanh Tu Collection
 
The French Revolution Class 9 Study Material pdf free download
The French Revolution Class 9 Study Material pdf free downloadThe French Revolution Class 9 Study Material pdf free download
The French Revolution Class 9 Study Material pdf free download
Vivekanand Anglo Vedic Academy
 
Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.
Ashokrao Mane college of Pharmacy Peth-Vadgaon
 
Language Across the Curriculm LAC B.Ed.
Language Across the  Curriculm LAC B.Ed.Language Across the  Curriculm LAC B.Ed.
Language Across the Curriculm LAC B.Ed.
Atul Kumar Singh
 
special B.ed 2nd year old paper_20240531.pdf
special B.ed 2nd year old paper_20240531.pdfspecial B.ed 2nd year old paper_20240531.pdf
special B.ed 2nd year old paper_20240531.pdf
Special education needs
 
Acetabularia Information For Class 9 .docx
Acetabularia Information For Class 9  .docxAcetabularia Information For Class 9  .docx
Acetabularia Information For Class 9 .docx
vaibhavrinwa19
 
Supporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptxSupporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptx
Jisc
 

Recently uploaded (20)

Sha'Carri Richardson Presentation 202345
Sha'Carri Richardson Presentation 202345Sha'Carri Richardson Presentation 202345
Sha'Carri Richardson Presentation 202345
 
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
 
The Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official PublicationThe Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official Publication
 
TESDA TM1 REVIEWER FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
TESDA TM1 REVIEWER  FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...TESDA TM1 REVIEWER  FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
TESDA TM1 REVIEWER FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
 
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXXPhrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
 
Unit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdfUnit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdf
 
1.4 modern child centered education - mahatma gandhi-2.pptx
1.4 modern child centered education - mahatma gandhi-2.pptx1.4 modern child centered education - mahatma gandhi-2.pptx
1.4 modern child centered education - mahatma gandhi-2.pptx
 
Adversarial Attention Modeling for Multi-dimensional Emotion Regression.pdf
Adversarial Attention Modeling for Multi-dimensional Emotion Regression.pdfAdversarial Attention Modeling for Multi-dimensional Emotion Regression.pdf
Adversarial Attention Modeling for Multi-dimensional Emotion Regression.pdf
 
Polish students' mobility in the Czech Republic
Polish students' mobility in the Czech RepublicPolish students' mobility in the Czech Republic
Polish students' mobility in the Czech Republic
 
Introduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp NetworkIntroduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp Network
 
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
 
How to Make a Field invisible in Odoo 17
How to Make a Field invisible in Odoo 17How to Make a Field invisible in Odoo 17
How to Make a Field invisible in Odoo 17
 
"Protectable subject matters, Protection in biotechnology, Protection of othe...
"Protectable subject matters, Protection in biotechnology, Protection of othe..."Protectable subject matters, Protection in biotechnology, Protection of othe...
"Protectable subject matters, Protection in biotechnology, Protection of othe...
 
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
 
The French Revolution Class 9 Study Material pdf free download
The French Revolution Class 9 Study Material pdf free downloadThe French Revolution Class 9 Study Material pdf free download
The French Revolution Class 9 Study Material pdf free download
 
Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.Biological Screening of Herbal Drugs in detailed.
Biological Screening of Herbal Drugs in detailed.
 
Language Across the Curriculm LAC B.Ed.
Language Across the  Curriculm LAC B.Ed.Language Across the  Curriculm LAC B.Ed.
Language Across the Curriculm LAC B.Ed.
 
special B.ed 2nd year old paper_20240531.pdf
special B.ed 2nd year old paper_20240531.pdfspecial B.ed 2nd year old paper_20240531.pdf
special B.ed 2nd year old paper_20240531.pdf
 
Acetabularia Information For Class 9 .docx
Acetabularia Information For Class 9  .docxAcetabularia Information For Class 9  .docx
Acetabularia Information For Class 9 .docx
 
Supporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptxSupporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptx
 

Cash-basis and Accrual AccountingThe practice of reporting fin.docx

  • 1. Cash-basis and Accrual Accounting The practice of reporting financial information as a function in today’s operation of a medical practice is particularly important due to intense demands for fiscal acuity. Therefore, it's important to understand the difference between cash and accrual accounting. What is the difference between cash-basis accounting and accrual accounting? How does each method affect the financial statements? Financial Statements and their Use A healthcare organization’s financial statements provide various financial information that key stakeholders (investors, vendors, financial institutions, employees, etc.) use to evaluate an entity’s financial performance. Financial statements are also important to an organization’s managers because by publishing financial statements, management can communicate with interested outside parties about its accomplishment running the organization. Different financial statements focus on different areas of financial performances. What are the four basic financial statements and what does each report tell the healthcare manager?