Users of Accounting Information
The educator discusses the dual role of accounting for internal and external users in healthcare organizations.
Internal users, such as managers and staff, focus on financial information for decision-making, while external users, like banks and government agencies, require financial reports. Ethical concerns arise regarding potential conflicts of interest, such as gifts from pharmaceutical companies to medical staff. Generally Accepted Accounting Principles (GAAP) ensure financial statements’ relevance, reliability, and comparability.
Reach your personal and professional goals
Unlock access to hundreds of expert online courses and degrees from top universities and educators to gain accredited qualifications and professional CV-building certificates.
Join over 18 million learners to launch, switch or build upon your career, all at your own pace, across a wide range of topic areas.
