The Doctor's Guide to Owning a Financially Healthy Practice

Health care professionals who want to be successful don't turn over their accounting to a bookkeeper and forget about it. You must 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 to establish a successful practice. Enrich your professional and personal life with explorations of the following:• Generally Accepted Accounting Principles and how to abide by them;• The components of the balance sheet;• The transactions that affect the income statement;• The importance of cash flow your business;• The benefits of working with a certified public accountant;• The advantages of budgeting.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 <i>The Doctor's Guide to Owning a Financially Healthy Practice.</i>