White Joseph P
LarsonAllen Health Care Group, 220 South Sixth Street, Suite 300, Minneapolis, MN 55402-1436, USA.
J Med Pract Manage. 2005 May-Jun;20(6):308-13.
Feeling comfortable reading and understanding financial statements is critical to the success of healthcare executives and physicians involved in management. Businesses use three primary financial statements: a balance sheet represents the equation, Assets = Liabilities + Equity; an income statement represents the equation, Revenues - Expenses = Net Income; a statement of cash flows reports all sources and uses of cash during the represented period. The balance sheet expresses financial indicators at one particular moment in time, whereas the income statement and the statement of cash flows show activity that occurred over a stretch of time. Additional information is disclosed in attached footnotes and other supplementary materials. There are two ways to prepare financial statements. Cash-basis accounting recognizes revenue when it is received and expenses when they are paid. Accrual-basis accounting recognizes revenue when it is earned and expenses when they are incurred. Although cash-basis is acceptable, periodically using the accrual method reveals important information about receivables and liabilities that could otherwise remain hidden. Become more engaged with your financial statements by spending time reading them, tracking key performance indicators, and asking accountants and financial advisors questions. This will help you better understand your business and build a successful future.
能够轻松阅读和理解财务报表对于参与管理的医疗行业高管和医生的成功至关重要。企业使用三种主要财务报表：资产负债表体现等式“资产 = 负债 + 权益”；损益表体现等式“收入 - 费用 = 净利润”；现金流量表报告所示期间内现金的所有来源和用途。资产负债表反映特定时刻的财务指标，而损益表和现金流量表显示一段时间内发生的活动。附加附注和其他补充材料中披露了更多信息。编制财务报表有两种方法。收付实现制会计在收到收入时确认收入，在支付费用时确认费用。权责发生制会计在收入赚取时确认收入，在费用发生时确认费用。虽然收付实现制是可以接受的，但定期使用权责发生制方法会揭示有关应收账款和负债的重要信息，否则这些信息可能会被隐藏。花时间阅读财务报表、跟踪关键绩效指标并向会计师和财务顾问提问，从而更深入地了解财务报表。这将帮助您更好地了解您的业务并打造成功的未来。
