Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Administrative report analysis What Review an administrative report and provide an analysis in a properly formatted memo. Why You will be exposed to a wide

Administrative report analysis

What Review an administrative report and provide an analysis in a

properly formatted memo.

Why You will be exposed to a wide variety of managerial and

administrative reports throughout your career in healthcare.

It is important to know how to read and analyze key

components of such reports.

The more you read and analyze reports, the easier it

becomes to create meaningful reports and to analyze

existing reports. Numbers tell a story its your job to interpret

them in order to recommend action.

Format Memo (one page) as noted below.

Submit a properly formatted memo (one-page, of course) to me with your analysis of the attached financial statements. This analysis should begin with I have reviewed xxxxs xx for the period ending xx/xx/xx & xx at xx/xx/xx. The results of this review do/do not (choose one) support accepting a position with this HCO. The rationale follows and includes five (5) follow-up questions to further explore before accepting a position.

Describe how you arrived at your conclusion with reference to supporting analyses. Include a grid similar to that on our texts page 128 with the ratios noted below. Include five (5) additional questions to explore. Explain the purpose of exploring these questions. The narrative is as important as the numerical results. Numbers tell a story it is your job to tell the story of those numbers.

Ratio Benchmark Result Evaluation to benchmark (Good, fair, poor) Direction from prior year (right or wrong direction)
Current
Days in A/R (Collection period)
Days cash on hand
Operating margin

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamental Financial Accounting Concepts

Authors: J.K.

7th Edition

B003NPRW7I

More Books

Students also viewed these Accounting questions