Book Description
Essentials of Health Care Finance stands firm in its place as the "leading textbook in its coverage of health care finance." No other text so completely blends the best of current finance theory with the tools needed in day-to-day practice. This timely revision includes 20 chapters that encompass virtually the entire spectrum of the health care industry-- providing new and expanded information reflecting payment system changes in the industry and broadening content and examples to include hospitals, as well as organizations in other sectors of the health care industry.
Customer Reviews:
Essentials of Health Care Finance.......2007-09-10
This is a very difficult book to digest if you are not familiar with accounting concepts. This is not a beginner text! The text is written in a very broad context, however, the expectation in my class was to apply the broad concepts to detailed financial problems. This was difficult because Cleverly offerred few examples to help apply the difficult financial concepts. I found the text to be utterly frustrating!
Essentials of Health Care Finance.......2003-06-19
I bought the book of Essentials of Health Care Finance, it was delivered on time, however, some papers insided the book are very dirty, I can see the brown oily figure prints. I wish that I can exchange the book ...
Troubling Guide to Alien Territory.......2001-08-23
This books offers a broad coverage of health care topics for a non-financial person. It is most deeply flawed for its inability to communicate clearly to a lay person. Essentially it is a vocabulary primer of important financial principles and concepts. It requires abstract thinking and the ability to follow mathematical models.
This reader studied Cleverly's text as a requirement for a healthcare finance class. The text was frustrating as this reader attempted to "know" everything about healthcare finances; however, this is probably not the intent of the book. It does present a road into the foreign land of finances. It demands respect for another set of data and another language for interpreting that data. One does not master this data set at one pass, however.
Nevertheless, this reader did gain some new financial information. At the risk of being simplistic, but communicative; a listing of some of the concepts learned follows:
1. There are many users of financial information.
2. Financial information can guide the formation of programs.
3. Financial management is essential for successful healthcare organizations.
4. Various qualities of health care organization types.
5. How health care organizations make up for discouting and bad debt and capitated payments.
6. General principles of accounting and why they are important. Also that these principles still need to be explained, to be consistent, and to be clarified.
7. Overview of four main types of financial statements with a brief explanation of vaious line items.
8. That financial planning includes considering inflation before it happens, and for equipment etc. to break and wear out before it breaks or wears out.
9. That financial information can be better understood by comparing financial ratios of different line items and trends over time. There are national benchmarking ratios available and Cleverly gives some and tells how to get more.
10. That financial planning should be an orderly process in an organization.
11. There are different types of costs. Some stay the same, some are overhead types. Some are direct, some are hidden. Some can be controlled, some cannot.
12. Figuring out prices is a very complex process in healthcare. It is based on costs and payers. It must also include indirect costs and costs of future problems.
13. There is still stuff to learn . . . And this reader is still no expert.
Finally, after this MSN course and this text, this reader is more conversant with the financial landscape. It holds interest and it is understandable, after all.
Not for beginners.......2000-01-08
I have finished about 5 different chapters for a Masters degree course I am taking. This book is not for beginners! I am an RN and have been working in business for 10 years. The author assumes that you have had basic accounting and the terminology is unfamiliar. There are very few examples given so it is hard to take the information and see how it is really used. I have had to buy another book just so that I could understand this book.
Mr. Cleverley is the guru of healthcare finance.......1999-08-27
This book represents the foundation on which all healthcare organizations should examine their financial strength and management. While not for beginners, it provides a comprehensive overview of reporting and benchmarks that prove invaluable during the budgeting process and for financial control.
Book Description
Mary Schaeffer is considered an industry expert and writes a newsletter that focuses on credit, collections, and accounts receivable.
* Provides an overview of the credit, collections, and accounts receivable functions for senior level managers.
* Provides tips and techniques as well as case studies.
* Shows how to stream line the credit process and how to make this area as efficient as possible.
Book Description
Essentials of Cost Accounting for Health Care Organizations, Second Edition is a comprehensive text that applies the tool and techniques of cost accounting to the health services field. It is an essential tools for all professionals who need to deal with the challenges of managing health facilities in a difficult economic environment. The new edition has an increased emphasis on managed care as well as a new computer-based component.
Customer Reviews:
Missing the workbook and now I can't use it.......2007-09-22
The ad doesn't tell you that you need a workbook to be able to use this book. You can't even get through page 1 without having the workbook. Now I need it and can't find it anywhere. Bummed I spent so much money on it without having the entire set.
Excellent for a self-paced or crash course in introductory accounting.......2007-09-13
Most of the other reviewers who have given this book 5 stars have it right. I first heard of this book by doing a Google search for the syllabi of accounting courses. This book appeared on the syllabus for an introductory acccounting course for the MBA program at Columbia University. I think the description of the course said that its purpose was to teach accounting to students with non-finance backgrounds (paraphrasing). That's what I needed so I became interested in the book. I read the other reviews on Amazon and bought the book. From my experience, the 5-star reviewers turned out to be right.
This book is an introductory level accounting workbook (as opposed to a textbook). It teaches you accounting through exercises like fill-in-the-blanks. That might sound like grammar school, but that's the point. The book's title is exactly what you will get, the essentials of accounting, without all of the minutiae that make other books hundreds of pages long. And you will be prepared enough to follow along during the first few weeks of an introductory MBA course.
Nevertheless, if you already understand accounting and want to get into financial analysis (ie, valuation, forecasting, etc...), you're going to need a completely different book. I used two when I first started out: 1- Analysis for Financial Managment by Robert Higgins and 2- Finance for Managers by the Harvard Business Press.
great book- beware used copies though!.......2007-08-09
Like most of the other reviewers, I have found this book an excellent, easy to use and clear introduction to accounting. I am studying for the CFA and needed an orientation to balance sheets as I dont have an accounting background.
Other reviewers have mentioned the "workbook" format- I want to clearly point out that buying a used copy that has been marked by someone else may defeat the point! This isn't an ordinary textbook, it drills the points home by having the reader fill in blanks on every page. I was annoyed to buy a new copy at full price as I always bought college textbooks used, but am now glad I did. If you genuinely need to really understand these concepts, the "filling in" does help retain information. Also there are mentions of a "separate booklet" involving exhibits and practice tests, but in the 9th edition at least, everything is included in the one book so Im assuming it was previous editions that came with a separate section.
Great overall view of accounting.......2007-05-28
This book is in workbook format which surprised me since I was expecting a textbook. I questioned whether the workbook format would help me when I have practically zero background in accounting but the format actually ended up teaching me more by forcing me to be interactive. Accounting isn't the most exciting field but this book makes it (almost) fun to learn. Would highly recommend this book for anyone needing to learn basic accounting.
after 25 years ... still useful & understandable, still THE BEST.......2007-01-06
I have used this book for over 25 years in teaching everyone from receptionists to financial professionals how "speak" accounting. I have not found a better resource than this book.
Average customer rating:
- A Good Basic Overview
- Valuable Payroll Resource
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Essentials of Payroll: Management and Accounting
Steven M. Bragg
Manufacturer: Wiley
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Similar Items:
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Payroll Best Practices
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The Payroll Toolkit Nuts and Bolts Techniques to Help You Better Understand and Manage Your Payroll (Revised Second Edition)
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Essentials of Credit, Collections, and Accounts Receivable
ASIN: 0471264962 |
Book Description
Your one-stop-shop for unparralled coverage of payroll control systems, best practices, measurements and reports, cost account, and outsourcing. Includes a step-by-step checklist of activities to follow when setting up a payroll system and how to install controls that combat payroll fraud.
Order your copy today!
Customer Reviews:
A Good Basic Overview.......2006-02-28
The title says it all--this is a good basic overview of payroll. You will not become an expert by reading it, but what can you read that makes you an expert? This book will give you the vocabulary and the tools you need to take your first steps in payroll. After that experience is the best teacher.
Valuable Payroll Resource.......2004-01-04
I think this is a good beginner-to-intermediate level book about payroll. While I doubt this book can serve as your only source to setting up a payroll system (a claim never made by the author), it can serve as a valuable guide to implementing or reviewing your current payroll internal controls, best practices and payroll policy manual. It may also help you analyze whether you are paying too much money or spending too much time on your job costing system. If you like examples, the author uses many short case studies to clarify his main points.
He keeps the book up-to-date by discussing topics such as payroll information technology, current payment alternatives and Internet references. He discusses other issues in detail, such as fringe benefits, vacation pay, minimum wage laws, payroll calculations, retirement plans, and stock option plans.
Given the popularity of outsourcing the payroll function, I think the book could have went into more detail about how to select the right payroll outsource vendor and how to ensure that the outsource vendor maintains proper internal controls (e.g. obtaining an annual SAS 70 Type II). Also, I felt I could have skipped the payroll tax portion and read IRS publication 15, 15a and 15b and my state's corresponding payroll tax publication. Finally, to help improve the books longevity, the author could have either left out the current year tax rates and limitations altogether or listed Internet references where the current and future rates and limitations could be referenced.
Nevertheless, overall I think this is a good book that I will use from time to time to brush up on my payroll process knowledge. Therefore, I think the book is worth buying, reading and referencing.
Book Description
As a busy business manager, would you like to spend less time budgeting, and learn more from the budgeting you do? If you answer yes, then Budgeting à la Carte is the book for you.
Most books on budgeting advocate a comprehensive, "seven course dinner" budgeting system. But unless you're the CEO of a major corporation, this is too much informationâmaybe way too much. What you need instead is Budgeting à la Carte: a menu of budgeting options that allows you to pick and choose only those items that suit your taste, appetite, and business situation.
Explained in detail by bestselling financial author John A. Tracy, this comprehensive resource covers the full range of budgeting procedures, including:
- Income Statements
- Balance Sheets
- Operating Ratios
- Profitability
- Cash Flow
- Price and Volume Tradeoffs
- Cost Allocations
- Capital Investments
- And more . . .
Budgeting, Tracy shows, is not an end in itself. It's a set of tools you can use to maximize financial performance and position. With Budgeting à la Carte, you'll control the tools, and you can decide just how much and what kind of budgeting is right for your business.
Also by John A. Tracy
HOW TO READ A FINANCIAL REPORT For MANAGERS, ENTREPRENEURS, LENDERS, LAWYERS, AND INVESTORS
"[If] you would like to have a minimal understanding of the numbers that make up a balance sheet, income, and cash flow statement . . . then How to Read a Financial Report might be just what you are looking for. Mr. Tracy's book explains in plain English the meaning of the major terms used in financial statements . . ."âThe Wall Street Journal
Customer Reviews:
A useful book on management accounting.......2002-05-09
A concise yet very informative book for managers interested in running a business 'by the numbers'. It is written in a very practical and easy-to-understand manner. I utilize many of Tracy's ideas in my own job. The book deals not only with budgeting but with management reporting, break-even analysis, project anlysis, and accounting issues in both service and manufacturing enviroments.
Book Description
There are over half a million high-net-worth individuals in the United States. Already 5 percent of them have private foundations, and interest in setting up charitable organizations is on the rise--due to the estate and tax-planning advantages offered by foundations and the growing desire of many to give back to the community. Creating a Private Foundation is a straightforward and authoritative guide for individuals and families looking at the pluses and minuses of creating a foundation, as well as for the advisers who serve these high-net-worth clients. It explains the reasons for establishing a foundation, the steps for setting one up, and tips for avoiding common pitfalls. Author Roger Silk covers the ins and outs of private foundations from the perspective of both philanthropists and the professionals who work with them.
Customer Reviews:
private foundation fundamentals.......2006-03-09
The book is more for donors than advisors. I does not provide enough of the necessary essential legally technical information.
Useful Primer.......2003-11-01
Unwitting new philantrophists sometimes end up with bureaucratic creatures that do exactly what the donor did not want. This book is full of practical advice on how to avoid unpleasant surprises if you set up a foundation of your own, such as finding out that you have no control over its activities.
It also gives a succinct review of investment problems. Foundations can potentially last for many generations. But they can easily mismanage themselves into oblivion in short order. The authors identify seven deadly investment sins.
For example, foundations don't need to frequently redeem their investments, but some mistakenly invest in liquid assets and lose returns as a result. They would be better off with non-traditional investments like private-equity, income producing real estate, hedge funds, and timber.
Many foundations fail to diversify, unwittingly taking on risk. THey start with stock from the founder's company and continue to hold a concentrated position, exposing themselves to the vagaries of that business. In 2002 the David and Lucille Packard Foundation was forced to cut its donations drastically when Hewlett-Packard stock fell.
IN short, an easy-to-read, useful guide.
Creating Private Foundation.......2003-06-16
A great great book to give to your existing Private Foundation clients, as well as those considering their options. The book hits on several key points among many others - which are the reason to formalize your investment policy statement(IPS) and donor intent issues. The author is correct that too often good intentions fail to result in effective results. It deals with other vehicles like charitable lead trusts (CLTs) and charitable remainder trusts (CRTs) as well as donor advised and support organizations. It is a big picture book not a technical how to for the attorney!
Book Description
What works, why it works, and how to evaluate a shared services program
Shared services, a form of "internal outsourcing," enables corporations to achieve economies of scale by creating a separate entity within the company to perform specific internal services, such as payroll, accounts payable, travel and expense processing, etc. Essentials of Shared Services provides a quick, concise overview of shared services fundamentals, bringing senior-level executives up to speed so that they make the right decision. Bryan Bergeron provides a foundation of shared services from a historical, economic, technical, and customer perspective, showing how shared services can impact a corporation's bottom line, both long and short term. He delivers specific recommendations that can be used to establish and manage a shared services effort and includes a variety of examples of programs that work and those that do not.
Customer Reviews:
More of a Primer than a guide on How-To.......2006-05-14
Based on the editorial reviews I had high hopes for this book. However it is more of a primer discussing some of the issues that surround the topic of shared services than how-to. The really tough decisions involving shared services are how to evaluate the potential programs to take on, how to integrate and manage the portfolio across the functional silos (i.e., finance, HR, real estate, supply chain, and IT), how to govern the shared services organization, and how to balance customer satisfaction with cost efficiencies. Unfortunately this book is not helpful in dealing with these issues.
So if you are a newbie trying to find out what shared services is all about you may find this book helpful. But if you are a manager who has been charged with implimenting a shared services function, there isn't much help here.
Good overview of business models.......2003-11-07
I'm an MBA student and picked up this book to learn more about shared services. Turns out there's a lot to know. But what I came away with was a better appreciation for the varioius business models out there. The book does a good job of comparing and contrasting the various centralized and decentralized ways of conducting business in corporate america, using real-world companies as examples. In short, I was pleasantly surprised. It'll stay on my bookshelf.
Average customer rating:
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Six Sigma for Financial Professionals (Wiley Essentials)
D. H. Stamatis
Manufacturer: Wiley
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Praise for Six Sigma for Financial Professionals
"Dr. Stamatis has tackled an area that is just learning the tremendous value of the Six Sigma methodology and how to use it. The financial community is proving that Six Sigma can and will reduce errors and prevent mistakes from occurring. Dr. Stamatis lays out the formula for success by starting with the foundations of Six Sigma and then moving into its application in financial arenas. He has given numerous examples and references that will assist in developing this methodology into a reality for your organization."
-Roderick A. Munro, PhD
Business Improvement Coach
"A strong and thorough blueprint to follow for companies that are planning to implement Six Sigma. The book helps one understand how to focus on processes, not just projects, to help achieve business transformation."
-Tammy S. Mitchell
Vice President Controller
TRW Automotive
"Dr. Stamatis's approach to Six Sigma is insightful and would benefit readers outside the quality sector and quality professionals alike. The book is refreshing in truthfully identifying Six Sigma as a collection of proven methodologies, not a new 'silver bullet.'"
-William M. Harral, CQA, CQE, CQMgr, CRE, ASQ-Fellow
CEO, Arch Associates LLC
"As a rule, financial executives focus on the bottom line for directions and ultimate decision-making. Dr. Stamatis's manuscript is clearly written, easily followed, and absolutely describes the potential benefits of Six Sigma and the need to incorporate it for long-term survival in any industry."
-William P. Lianos
President and Treasurer
Michigan Rivet Corporation
"Amid the crushing time crunch to compete, effective leaders have found an important tool in the Six Sigma method. Yet the plethora of information in the field often generates a confusing light without generating the necessary heat. Dr. Stamatis has penned an important, coherent, and complete contribution without cheerleading a single-minded approach. If you only have the time for one book to help you plan, prepare, or advance your Six Sigma effort, this is it."
- A. J. Deeds
President
Team Quality Development, Inc.
Download Description
Praise for Six Sigma for Financial Professionals
"Dr. Stamatis has tackled an area that is just learning the tremendous value of the Six Sigma methodology and how to use it. The financial community is proving that Six Sigma can and will reduce errors and prevent mistakes from occurring. Dr. Stamatis lays out the formula for success by starting with the foundations of Six Sigma and then moving into its application in financial arenas. He has given numerous examples and references that will assist in developing this methodology into a reality for your organization."
-Roderick A. Munro, PhD
Business Improvement Coach
"A strong and thorough blueprint to follow for companies that are planning to implement Six Sigma. The book helps one understand how to focus on processes, not just projects, to help achieve business transformation."
-Tammy S. Mitchell
Vice President Controller
TRW Automotive
"Dr. Stamatis's approach to Six Sigma is insightful and would benefit readers outside the quality sector and quality professionals alike. The book is refreshing in truthfully identifying Six Sigma as a collection of proven methodologies, not a new 'silver bullet.'"
-William M. Harral, CQA, CQE, CQMgr, CRE, ASQ-Fellow
CEO, Arch Associates LLC
"As a rule, financial executives focus on the bottom line for directions and ultimate decision-making. Dr. Stamatis's manuscript is clearly written, easily followed, and absolutely describes the potential benefits of Six Sigma and the need to incorporate it for long-term survival in any industry."
-William P. Lianos
President and Treasurer
Michigan Rivet Corporation
"Amid the crushing time crunch to compete, effective leaders have found an important tool in the Six Sigma method. Yet the plethora of information in the field often generates a confusing light without generating the necessary heat.
Book Description
Outside of the accounting and finance departments, not many business people are interested in the finer points of financial reports. But every manager must have a thorough understanding of what their finance and accounting staffs do, why they do it, and what these reports really mean.
This indispensable book demystifies the role that accounting and finance play in a corporation and demonstrates how financial decisions are manifestations of company goals. The author's crystal-clear examples show how managers can connect corporate financial information directly to their own strategies and actions. To demonstrate these connections, the author covers such essential topics as:
* Balance sheets and income/cash flow statements * Reading and understanding annual reports * Fixed-cost and variable-cost issues * Financial analysis, budgeting and forecasting.
Customer Reviews:
If you want a basic intro ..........2007-05-02
If you are looking for a book to introduce you to the basics of business including the jargon behind the numbers and where all the formulas come from before you plow into a true "finance and accounting text," search for "Business Basics Bestseller 1" and add it to your consideration. If you have never had this stuff 'splained' to you before, you will like it. This is not a suggestion that you substitute it for this text, just that you check it out as well.
The Essentials of Finance and Accounting for Nonfinancial Managers.......2005-09-15
Book was well written and speaks directly to someone who has never worked with the finances of a corporation.
How to understand the basics of a balance sheet.......2002-08-08
Edward Fields' Essentials Of Finance And Accounting For Nonfinancial Managers tells how to understand the basics of a balance sheet, income statement, cash flow statement and annual reports. Newcomers to reading company financials will appreciate the clear explanations on investment returns, analysis ratios, and other methods of understanding business reports.
Books:
- Essentials of Health Care Finance, Fifth Edition
- Essentials of Modern Business Statistics (with CD-ROM)
- Final Exam: A Surgeon's Reflections on Mortality
- Financial Management: Principles and Applications (10th Edition)
- Financial Markets & Corporate Strategy
- Financial Modeling - 2nd Edition: Includes CD
- Financial Modeling - 2nd Edition: Includes CD
- Financial Reporting and Analysis (3rd Edition)
- Financial Reporting and Analysis (3rd Edition)
- Financial Reporting and Analysis: Using Financial Accounting Information (with Thomson Analytics Access Code)
Books Index
Books Home
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