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HCS 405 Week 3 Learning Team Assignment Financial Statements Review

Resources: Patton-Fuller Community Hospital Virtual Organization and University of Phoenix Material: Financial Statements Review Grading Criteria

Review the financial statements,located in the Patton-Fuller Community Hospital Virtual Organization.

Click on the Virtual Organization link on the left column of the student website. 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-Fuller’s financial performance
• What is the effect of revenue sources on financial reporting at the hospital?
• How are the hospital’s revenues and expenses grouped for planning and control?

Format your paper consistent with APA guidelines.