Basic Accounting for healthcare professionals

 

Course at a glance

  • Course: Basic Accounting for healthcare professionals
  • Total Duration: 11 Hours 47 Mins
  • Medium of instruction: English
  • Fee is US $ 71

About the Course

Health care professionals may not be as good account as they are in their job. However running a hospital or a clinic needs financial efficiency and hygiene. This course on Basic Accounting for Health Care Professionals covers account keeping, auditing, financial statements, cash flow, asset analysis etc.

Course Syllabus

1.Introduction to Accounting   

2.Double Entry Bookkeeping
a)Purpose of Accounting Records And Steps in Accounting
b)Some Documents And Day Books
c)Double Entry Bookkeeping

3.  Management Accounting 
a)Direct & Indirect Costs, Fixed & Variable Costs
b)Product Costing
c)Cost-Volume- Profit Analysis
d)Budgetary Planning And Control

4.  Analysis and Interpretation of Financial Statements  
a) Definition, Calculation, Role of Accounting Ratios And Limitations
b) Classification And Interpretation of Ratios

5.  Cash Flow Statements  
a)Importance of Cash Flow
b)Sources of Cash Inflow And Outflow
c)Preparation of Cash Flow Statements

6.  Asset Analysis  
a)Depreciation And Appreciation
b)Inventory Valuation

7.  IT And Computer Applications In Accounting   
a)Accounting Applications Using Microsoft EXCEL

Course Delivery Format

Taking leaf from Winston Churchill’s philosophy of “always ready to learn although … not always like being taught”, Commonwealth Medical Evarsity is transforming medical education by garnering learning empowered by the interactive platform of digital technology. Commonwealth Medical Evarsity model of blended education integrates best practices of ‘chalk and board’ with emerging technologies, purporting to make mockery of fragmented medical care, that is the bane of the rising costs of health care today!

The Commonwealth Medical Evarsity offers best of the models of blended education through online lectures, with the convenience of self-study at one’s own pace, time and place, complemented by online faculty interactions and clinical exposure through hospital rotations.

A rich learning environment is provided through a Learning Platform with access to:

  • Online lectures delivered by experts in respective fields. The students can view the lecture any number of times using tools to conveniently play/pause, forward/rewind, skip/review, bookmark
  • Included in these lectures are hundreds of text slides, illustrations and appropriate 2D and 3D animations, audios and videos to make concepts easy to understand
  • Facility for the student to bookmark specific segments of a running lecture and ability to add your own notes for later review.

Assessment

There is a final exam that will be conducted online at the end of the course

Course Fee

There Course Fee is US $ 71

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