Transparency of health care financial statements

Assignment Help Cost Accounting
Reference no: EM13168943

(1) Differentiate between the accounting provisions for revenue recognition for patient revenue and bad debts for financial statements prior to December 31, 2011 and the provisions effective for financial statements.

(2) Evaluate the potential impact of these changes on the transparency of health care financial statements and whether or not the same information is truly represented. Explain your rationale.

(3) Analyze the highlights of the changes and justify the changes made by GAO.

(4) Suggest alternatives to the changes made and provide a rationale for your suggestions.

(5) Compare and contrast the Yellow Book changes in auditor independence with American Institute of CPSs independence. Analyze and discuss how non-audit services can impair independence in Yellow Book audits.

(6) Assess whether or not the Yellow Book rules are more restrictive than the AICPA code of conduct on independence.

(7) Evaluate why analysts may be concerned if a government has a high ratio of intergovernmental revenues to total revenues when compared to similar governments.

(8) What are some of the implications of the ratio? Explain.

(9) Discuss the nonfinancial information that may be used to evaluate the performance of a college or university and suggest what information provides the most insight to financial performance.

(10) Elaborate on the conclusions that can be reached from the nonfinancial information identified

Reference no: EM13168943

Questions Cloud

How many grams of so3 will be produced : if 5.77 g of S is reacted with 10.0 g of O2, how many grams of SO3 will be produced?
Compute the equilibrium constant k : Calculate the equilibrium constant, K, for this reaction at 298 K. (b) Will Delta G increase, decrease, or stay the same if the partial pressure of NO2 is increased? (c) Calculate Delta G^o at 298K if the partial pressure of NO2 and N2O4 are 0.40 atm..
What fraction of the tetrahedral holes is occupied : The compounds Na2O, CdS and ZrI4, all can be described as cubic closest packed anions with the cations in tetrahedral holes. What fraction of the tetrahedral holes is occupied for each case?
What is the root-mean-square speed of a h2 molecule : The root-mean-square speed of CH4 molecules at 25°C is about 0.56 km/s. What is the root-mean-square speed of a H2 molecule at 25°C?
Transparency of health care financial statements : Discuss the nonfinancial information that may be used to evaluate the performance of a college or university and suggest what information provides the most insight to financial performance.
Calculate the volume in milliliters of dry oxygen : the volume of a sample of oxygen gas collected over water is 258 mL at 27 degrees C and 620.0 torr. Calculate the volume in milliliters of dry oxygen gas at STP. (the vapor pressure of water at 27 degrees C is 26.7 torr.)
Compute delta g don''t change with temperature : b) Calculate Delta G^o at 800 K, assuming that Delta H^o and Delta S^o do not change with temperature. (c) Is the reaction spontaneous at 800K?
Compute the mass of an electron : The difference in the mass of 100 moles each of sodium atoms and sodium ions is 5>48002 g. Compute the mass of an electron.
What is the new pressure : A 3.5 L container is filled with gas at 1.00 atm. A piston then compresses the gas to 0.250 L. What is the new pressure?

Reviews

Write a Review

Cost Accounting Questions & Answers

  Prepare journal entry to record the transaction of december

Prepare the journal entry to record the transaction of December 31, 2009, for the Hurly Co and assuming Hurly Co.'s fiscal year-end is December 31, prepare the journal entry for December 31, 2010.

  Find what is the net present value of investment

Find what is the net present value of this investment and evaluate the internal rate of return?

  Evaluate the present value of the minimum lease payments

What type of lease is this? Explain. Evaluate the present value of the minimum lease payments. Prepare all necessary journal entries for Burke for this lease through January 1, 2008.

  Duffy enterprises declares bankruptcy

Duffy Enterprises declares bankruptcy and it is evaluated that the receivable of €1,200 from Duffy is not collectible.

  Evaluate the cash balance

Evaluate the cash balance at the end of the first year for Alpaca Corporation

  Find effect will the trashing option

Consider the alternative to trashing is choosing the more profitable of the two alternatives (that the new employee looked at and did not like). Find effect will the trashing option (that the new employee wants) have on net income

  Analyze the recomputed basis of the property

Compute the adjusted basis of the property and analyze the recomputed basis of the property.

  What are estate tax consequences of these transactions

Shortly thereafter, Bob sells the residence, liquidates the trust, and distributes the proceeds to the beneficiaries. Evaluate what are the estate tax consequences of these transactions to June?

  Find how much overhead is allocated

Find how much overhead is allocated and evaluate what is the over/under absorbed overhead?

  Evaluate the product factory overhead costs

Evaluate the product factory overhead costs, using (a) the direct labor hour plant wide factory overhead rate and (b) the machine hour plant wide factory overhead rate.

  Evaluate tax savings from the special tax treatment

Daniel's marginal tax rate is 35% and he has $120,000 of other capital gains (taxed at 15 %), evaluate the tax savings from the special tax treatment?

  How responsibility centers are used for budgeting process

From your text and at least one scholarly source, research information on responsibility centers. Explain how responsibility centers are used for the budgeting process

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd