How might the basic accounting rules under accrual principle


Discussion

Post a comprehensive response to the following:

a. How might the basic accounting rules under the accrual principle differ for you as an individual (or family) from those applied in a health care setting?

b. How are financial statements used to demonstrate the financial health of a health care setting? Select three key terms from the chapters (pp. 180 & 206) and explain how those key factors influence financial reporting in health care.

The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.

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