Omega Health Foundation Financial Evaluation

Running Head: Omega Health Foundation monetary military rating Omega Health Foundation Financial Evaluation Financial aspect of Omega Health Foundation (OHF) The principles of pay and OHFs monetary lieu ar very meretricious to any attractor of the organization and not unless the fiscal ships officer or director. This evaluation of OHF pays will explain the financial position of OHF and offer recommendations to strengthen OHFs financial position. accommodate in the evaluation will be an explanation of the principles of finance and how they concern to OHF, a affinity of net incomes and cash flows, a comparison of the market value of an asset and the book value, the addressing of OHFs strengths and weaknesses and recommendations to farther strengthen OHF. Principles of Finance and how They Relate to OHF The principles of finance are an important aspect of OHF. Leaders of every department and not just the financial officer and director should be witting of thes e principles. These principles let in financial viability, account didactics entity, money measurement, duality, exist valuation, accrual accounting, and fixed monetary unit. To be familiar with the four-spot major types of statements these accounting principles should be understood.

The phrase generally sure accounting principles is normally used to refer to the rules and requirements that form the training of the four financial statements. These financial statements are used to avail in conclusion making (Cleverly & Cameron, 2007). Financial Viability A productive health bid organization (HCO) must be comprise efficient. The HCO must draw in dollar payments from the commu nity that could include both patients and no! n-patients in the kernel equal to at least(prenominal) the amount that it pays to its suppliers to be financially viable. To determine this one could olfactory sensation at the financial income statement or balance mute (Cleverly & Cameron, 2007). OHFs balance sheet reflects the 2009 and 2008 totals. In 2009 the total...If you want to uprise a full essay, disposition it on our website: OrderEssay.net

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