ACC 281

1. Discussion Question One - Basic Accounting Equation

What are the implications of the basic accounting equation?

2. Discussion Question Two - Why is accounting needed? —

How would healthcare companies operate without accounting? Why do we need financial and managerial accounting and what are the fundamental differences between the two?

3. Discussion Question Three - Health Care Spending

Review the information provided at the following website: http://www.govspot.com/features/healthcare.htm. Discuss the major financial challenges of Health Care reform.