Managing finance in health and social care

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Reference no: EM131066190 , Length: word count:1250

"Health Service Managers without financial skills will face a more difficult employment environment."

Please answer these questions according to New Zealand:

Question 1. What comes to your mind when you think of the financial responsibilities in your future profession? How are they different from an accountant's profession? Point our three key points on responsibilities and three key points on differences.(Consider me as a Health service manager) (First question incude difference between resposibilities of health service manager in a hospital and accountant in New Zealand)

Question 2. Point our three contextual factors (that may include government regulations, politics, accounting standards, technological advancements, globalisation, sustainability, ethics and national economy) in New Zealand. that you think could influence the financial aspect of your future profession as a health service manager. Give an example to support each factor.(In New Zealand)

Question 3. What do you think are the major issues you might face in your profession while interacting with your financial stakeholders? Point out three such issues that you expect might face in your future profession as a health service manager.(In New Zealand)

Please answer the 4th question according to the annual report (financial) and stakeholders of Fortis hospital ,New Zealand.

Question 4. Why do you think it is important for the interested stakeholders to look into the different financial information about your facility? Support your answer with examples using requirements of two internal and two external stakeholders from your organisation.(Fortis hospital,New Zealand).

1250 words.

10 apa reference.

Attachment:- Assignment.rar

Reference no: EM131066190

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