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PLEASE GIVE ME MORE SPECIFIC DETAILED ANSWER AND EXPLANATION WITH THE FOLLOWING QUESTION BASED ONLY THE 3 REFERENCES WEBSITE BELOW THAT I PROVIDED references: Asian

PLEASE GIVE ME MORE SPECIFIC DETAILED ANSWER AND EXPLANATION WITH THE FOLLOWING QUESTION BASED ONLY THE 3 REFERENCES WEBSITE BELOW THAT I PROVIDED

references:

  1. Asian Hospital 2022 Audited Statement of Financial Position, Statement of Comprehensive Income and Notes to Financial Statements; (ref: https://www.asianhospital.com/wp-content/uploads/2023/04/Audited-Financial-Statement-2022.pdf)
  2. Quezon City General Hospital 2021 FS (excel file) - Statement of Financial Position and Statement of Financial Performance; and (Ref: https://www.coa.gov.ph/wpfd_file/quezon-city-general-hospital-annual-audit-report-2021/)
  3. Quezon City General Hospital 2021 Notes to FS (Word File) (Ref: https://www.coa.gov.ph/wpfd_file/quezon-city-general-hospital-annual-audit-report-2021/)

QUESTION TO BE ANSWER;

Observe similarities and differences between a private and a government hospital:

  1. What is the accounting period used for financial reporting?
  2. In terms of Receivables, how do the hospitals differ?
  3. In terms of Inventories, what compose the inventories of Asian compared to that of QCGH?
  4. What compose the Property, Plant and Equipment of the two hospitals? Is there any property that one possesses which the other does not have?
  5. What is their source of equity or capital?
  6. Aside from the main source of Revenue of rendering services, what are the sources of Other Income/Business Income for the two hospitals?
  7. Considering the Income Statement/Statement of Financial Performance, what are the benefits(Revenue) derived from these costs(Expenses)?
  8. Personnel Costs
  9. Inventory of Medicines and Medical Supplies
  10. Inventory of Other Supplies
  11. Property and Equipment
  12. Repairs and Maintenance
  13. Computer Software (Hospital Information System)
  14. Infrastructure projects for additional facilities

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