This week, we'll continue our discussion of the financial statements. The learning objectives are: (1) explain the purpose and content of the balance sheet; and (2) explain the purpose and content of the statement of operations.

This week we'll continue our discussion of the financial statements. There are three learning objectives: (1) explain the purpose and contents of the statement of changes in net assets; (2) explain the purpose and contents of the statement of cash flows; and (3) use the notes to complement the information provided in the financial statements of a health care organization.

This week, we will wrap up our introduction to healthcare, financial accounting by exploring how we can use the information provided in the financial statements to evaluate the financial position and performance of a health care organization. There are three learning objectives: (1) describe the three primary techniques used in financial statement analysis; (2) compute key financial ratios to assess the profitability, liquidity, capital structure and efficiency of a healthcare organization; and (3) develop recommendations to improve the financial performance of a health organization, based on the results of your financial statement analysis.