Hi this is a team assignment and this is the part of the assignment that I need to work on
“How did the audited and unaudited financial statements differ?” whoever does this has to go to the annual report to find this information.
Resource: Patton-Fuller Community Hospital Virtual Organization
Review the financial statements, located in the Patton-Fuller Community Hospital Virtual Organization.
- Click on the Virtual Organization link in the Materials section to the right.
- Click on the Healthcare tab and access the Patton-Fuller Community Hospital.
- Click the Chief Financial Officer link under the Corporate Officers tab to access the financial statements.
Write a 350- to 700-word summary that addresses the following:
- Annual report, including the Patton-Fuller financial statements
- How did the audited and unaudited financial statements differ?
- Relationship between revenue sources and expenses on Patton-Fullerâ€™s financial performance
- What is the effect of revenue sources on financial reporting at the hospital?
- How are the hospitalâ€™s revenues and expenses grouped for planning and control?
009 – 2008 Balance Sheet (Audited)
2009 – 2008 Balance Sheet (Unaudited)
2009 – 2008 Statement of Cash Flows
2009 – 2008 Statement of Retained Earnings and Stockholders’ Equity
2009 – 2008 Statement of Revenue and Expense (Audited)
2009 – 2008 Statement of Revenue and Expense (Unaudited)
2009 Interim Statement of Income (Unaudited)