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After the successful completion of this course, you will be able to lear about the following:

Role of Finance in Health and Social Care

• Essential Aspects of Accounting and Financial Management.
• Concept Of Revenue Cycle Management.
• Step of The Revenue Cycle Management.
• Skills Needed for Accounting in Health Care.
• Role of Health Care Accountant.
• Concept of Healthcare Audit.
• Types of Healthcare Audit.
• Steps of Financial Audit in Healthcare Sectors.
• Steps in Financial Analysis.
• Healthcare Financial Statement.
• Financial Ratios in Health Care Organisations.

Documenting and Analyzing Financial Information

• The Concept, Characteristics, and Principles of Double-Entry Book-keeping.
• The Double-entry Bookkeeping Process.
• The Concepts of Investment Appraisal and its Techniques.
• The Investment Analysis Techniques.
• The Concept and Types of Cash Flow Forecasting.

Sources of Finance in Health and Social Care

• The concept and various objectives of Health Financing.
• Various Sources of Finance.
• Importance of Working Capital in Healthcare.
• Principles and Steps in Budgeting.