TM5548:03
Management Accounting for Health Providers
Townsville
45 lectures, 10 hours workshops. June intensive block mode.
Staff: Dr A Hauquitz.
This subject will focus on fundamental financial accounting and management accounting techniques required by health care providers in order to function in the rapidly changing and increasingly complex health industry.
Topics covered will include: costs and managerial decision making; cost behaviour patterns; budgeting, reporting and responsibility centres; cost determination and variance analysis; financial statement analysis; financial ratio analysis; capital investment decisions; prospective pricing systems; capitated payments; resource-based relative value system and total quality management and management accounting.
Learning Objectives:
- to understand basic accounting principles;
- to understand how managers can use accounting data to improve their management performance;
- to demonstrate an ability to apply financial management techniques to data generated by health service organisations;
- to demonstrate an ability to use management accounting skills to assist decision making regarding cost of services and associated revenue;
- to demonstrate an ability to integrate the total quality management approach with management accounting skills to assist in the measurement of quality improvement, benchmarking and data driven decision making.
Assessment by two quizzes (30%); assignment (35%); final examination (35%).