The objectives this week are to: Differentiate between not-for-profit and for-pr


The objectives this week are to:
Differentiate between not-for-profit and for-profit accounting.
Analyze opening day balance sheet for a physician practice.
Discuss the advantages and pitfalls of the physician concierge model.
Prepare a paper.
Report on various physican practice concierge models . . . suggested length is 500 words +/-
Report the cost of launching a new physician practice . . . suggested length is 250 words +/-
Provide supporting and contrasting opionion regarding the concierge model . . . suggested length is 500 words +/-
Notes:
“Opinion” in this case refers to supporting and contrasting approaches found in your extended review of the literature.
Length is between 1,000 and 1,500 words (typically four to six pages, double-spaced). Prescribed length does not include title page, appendices (if any), or reference section. For example, you may wish to provide opening-day balance sheets.
APA is recommended though any published writing style may be used, provided the writing style is consistent and facilitates the reader to more fully research the topic using your clearly stated citations and references
There is zero tolerance for plagiarism either intentional or unintentional. If you are unsure . . . ask!
Discussion topics for this weeks topics:
What is the difference between financial accounting and management accounting?
What is the difference between cash-based and accrual-based accounting?
What is the value of financial accounting and management accounting to managers and leaders?
Why do small to medium sized physician practices adopt cash-based accounting?
What are the primary differences between for-profit and not-for-profit accounting?


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