Financial Statements Training and Education

HS440 | Finance for Health Care

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Unit 5 Assignment: Financial Statements Training and Education Unit outcome(s) addressed in this Assignment:

 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

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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)

Adjusted total points

HS440 | Finance for Health Care

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