HCS 405 Week 3 Learning Team Assignment Financial Statements Review

Resources: Patton-Fuller Community Hospital Virtual Organization and University of Phoenix Material: Financial Statements Review Grading Criteria

Review the financial statements,located in the Patton-Fuller Community Hospital Virtual Organization.

1.    Click on the Virtual Organization link on the left column of the student website.

2.    Click on the Healthcare tab and access the Patton-Fuller Community Hospital.

3.    Click the Chief Financial Officer link under the Corporate Officers tab to access the financial statements.

Write a 350- to 700-word summary that addresses the following:

Annual report, including the Patton-Fuller financial statements

How did the audited and unaudited financial statements differ?

Relationship between revenue sources and expenses on Patton-Fuller’s financial performance

What is the effect of revenue sources on financial reporting at the hospital?

How are the hospital’s revenues and expenses grouped for planning and control?

Format your paper consistent with APA guidelines.