Scenario: You have recently been hired as a manager in the financial department for a local hospital. In the last few weeks, you have noticed a lack of understanding from the staff on the hospital financial system. In order to correct the situation you have decided to hold a staff meeting on the financial system and the essential documents that the staff is required to be familiar with.

Describe the information included on a balance sheet and the importance of the information. include the ways to analyze financial statement.