The practice of reporting financial information as a function in today’s operation of a medical practice is particularly important due to intense demands for fiscal acuity. Therefore, it’s important to understand the difference between cash and accrual accounting.
What is the difference between cash-basis accounting and accrual accounting? Why select one and not the other? How does each method affect the financial statements?
patient file
Your final project for this course will be a patient record analysis. You will apply the knowledge of anatomy, physiology, and pharmacology that you have developed during this course in a thorough review of existing patient information in the Final Project Patient File. Specifically, you will review a patient’s history