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Case Study: You are a financial auditor sent to a healthcare organization to look over their numbers for the last year. You see numbers related to total services provided, total days accounts were in collections, total amounts written off, total amounts paid in salary, and average length of stay of patients.
Initial post:
You are looking for ways that the organization can save money, so which set of numbers would you concentrate on and why? In addition, share insight on how the statistics/numbers you've encountered impact the healthcare organization.
Financial Statement Analysis and Preparation
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T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .
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