Health care professionals who want to be successful don't turn over their accounting to a bookkeeper and forget about it. It is essential that you understand your finances and keep them in order to operate a profitable practice.
Join Dr. Sarah with the Desert Medical Care Co., a fictitious firm, as she navigates the world of accounting in order to establish a successful practice. Enrich your professional and personal life with explorations of the following:
Generally Accepted Accounting Principles (GAAP) and how to abide by them
The components of the balance sheet
The transactions that affect the income statement
The importance of cash flow in your business
The benefits of working with a certified public accountant
The advantages of budgeting
Listen as the transactions become more complex and varied for Dr. Sarah as she expands her business. The foundation of it all, however, remains a basic understanding of accounting. Get the solid foundation you need and avoid the mistakes that could wreck everything you've worked so hard for in The Doctor's Guide to Owning a Financially Healthy Practice.
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