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Essay Instructions: • Write a 750- to 1,050-word paper in which you discuss generally accepted accounting principles relating to health care.

o Include a brief description of each principle and the intention behind the principle.
o Relate each principle to health care.

• Format your paper consistent with APA guidelines.

• Use headings appropriately to provide organization and structure for your thoughts.


Content

• Explains generally accepted accounting principles concept, purpose, and oversight of use
• Briefly describes each principle and its intent
• Relate the principles to health care

Format

• Follows APA guidelines for formatting and citation of outside works
• Properly cites ideas/info from course readings and other sources
• Paper is laid out effectively??"uses level headings and other reader-friendly tools
• Paper is neat/shows attention to detail
• Has a structure that is clear, logical, and easy to follow

Writing Mechanics

• Follows rules of grammar, usage, and punctuation
• Spelling is correct
Total 5

Essay Instructions: Discuss each of the following terms. Explain why this concept is important to financial statements.

A. Generally Accepted Accounting Principles.

B. Historical Cost.

C. Accrual Basis vs. Cash Basis Accounting.

D. Current Assets and Liabilities vs. Non-Current Items.

Module Home | Background Info | Case Assignment | Session Long Project


Module 1

Case Assignment



This case will give you experience in the format of our case method. To help you organize you response to this case, the operative word in each part of the case is given in blue. Be absolutely certain that you have responded to that operative word.

There are two parts to this case.

Part I. Search the course background information, the Internet and/or the Cyber Library. Discuss each of the following terms. Your discussion should expand on the definition as given in the course terms. Explain why this concept is important to financial statements.

A. Generally Accepted Accounting Principles.

B. Historical Cost.

C. Accrual Basis vs. Cash Basis Accounting.

D. Current Assets and Liabilities vs. Non-Current Items.



Part II. Refer to the following three sets of financial statements. (Make sure you use the latest financial statement -- most likely year 2005).

Ford Motor Company

Microsoft [Click "2005 Annual Report", then click "Financial Review" at the top]

ExxonMobil

Locate the following on each of the statements:

The Balance Sheet

The Income Statement

The Statement of Cash Flows

Describe the general organization of each of the three sets of financial statements. Which is more useful in your opinion for each of the three companies: Net Income or Cash from Operating Activities?

Make one prediction about each company from that company's financial statements. Reach one additional conclusion about each company from the additional information you find in the annual report.

Essay Instructions: Find two or three articles that address financial reporting practices and ethical standards in health care finance, including the following topics:

? Generally accepted accounting principles
? Corporate compliance, ethics, or fraud and abuse

Write a 700- to 1,050-word paper on the financial management of health care organizations, integrating your research articles.

? Include a summary of the four elements of financial management.
? Include a summary of generally accepted accounting principles and general financial ethical standards.
? Provide examples from the articles that reflect ethical standards of conduct and financial reporting practices.
? Explain the significance of each example.

Format your paper consistent with APA guidelines.
NO WIKIPEDIA

Essay Instructions: Assignment Grading Criteria
Generally Accepted Accounting Principles Paper
Week One
Write a 800 words paper in which you discuss generally accepted accounting principles relating to health care.

Include a brief description of each principle and the intention behind the principle.
Relate each principle to health care.

Format your paper consistent with APA guidelines (Scholarly Journal <5years old)

Use headings appropriately to provide organization and structure for your thoughts.


Content

Explains generally accepted accounting principles concept, purpose, and oversight of use:
1.) Briefly describes each principle and its intent
2.) Relates the principles to health care

Format

1.) Follows rules of grammar, usage, and punctuation
2.) Has a structure that is clear, logical, and easy to follow
3.) Consistent with APA guidelines for formatting and citation of outside works