There has been much debate about the accuracy of financial information in the health care industry. As a financial manager, you should be concerned about the accuracy and reliability of the financial information that is disseminated.
1. In your first post:
Discuss the importance of providing accurate financial information. What is the impact of inaccurate information? Who is looking at this information and why?
How do the challenges of providing accurate financial information impact the health care business that you have chosen to create in this course?
What legal ramifications could result from disseminating inaccurate information?
2. Provide some strategies for improving the accuracy and reliability of financial information. Offer recommendations for overcoming any challenges your peers may encounter in the health care business that they are creating for the course.