MANAGEMENT ACCOUNTING in Health Care Organizations
Third Edition
This thoroughly revised third edition of Management Accounting in Health Care Organizations provides introductory-level instruction and a user-oriented approach to management accounting concepts and techniques that help to prepare students for managerial work in health care. The new edition includes information regarding the role of management accounting in health care organizations, the impact of the Affordable Care Act on managerial responsibilities, recent changes in operational budgeting practices including a focus on "budget drivers," the importance of managing the revenue cycle, and other factors that have fundamentally altered the use of management accounting in health care organizations over the past several years.
Throughout the third edition of Management Accounting in Health Care Organizations, David Young introduces concepts and techniques that will help students identify, analyze, and apply key management accounting principles. The use of practice case studies at the end of each chapter allows students to master the techniques rather than simply memorize them.
The third edition:
- Assesses the impact of health care′s impending fiscal crisis on the management accounting needs of health care organizations
- Describes the essentials of full-cost accounting, differential cost-accounting, and activity-based accounting, and illustrates their use in health care organizations
- Explains responsibility accounting and provides guidance on designing a responsibility accounting structure
- Presents a working guide to preparing operating and cash budgets
- Describes measuring and reporting activities that have an action orientation
- Offers guidance on implementing a new or redesigned responsibility accounting system
Table of Contents
List of Figures, Tables, and Exhibits xv
Dedication xix
Preface xxi
Acknowledgments xxxiii
The Author xxxv
1 Management Accounting and Health Care s Impending Fiscal Crisis 1
2 Essentials of Full–Cost Accounting 29
3 Cost Behavior 73
4 Differential Cost Accounting 99
5 Activity–Based Costing 125
6 Responsibility Accounting: An Overview 161
7 Designing the Responsibility Accounting Structure 189
8 Programming 211
9 Operational Budgeting 245
10 The Cash Budget 279
11 Measuring and Reporting 305
12 Implementing a New Responsibility Accounting System 341
Appendix A: Answers to Test Yourself Questions 365
Appendix B: Solutions to the Practice Cases 377
Glossary of Selected Terms and Concepts 429
Index 443
