If you’re like most new physicians just starting their careers, you’re probably feeling acutely aware that your medical training is not adequate preparation for your entry into the business side of medicine.
“Understanding Financial Statements” is designed to provide you with a solid foundation for building a greater knowledge of the financial and accounting concepts you need as you make crucial business decisions, not only as you start out, but throughout your medical career.
We will identify, define and explain the basic building blocks of financial statements developed for medical practices and provide you with an introduction to common accounting methods employed in medical practices.
During this course, will be introduce and explain the following basic financial statements:
- Balance Sheets
- Income Statements
- Statement of Cash Flows
Once you’ve mastered these basic concepts, additional courses offered by CareerPhysician will show you how to apply this information in different scenarios, including how to analyze a practice opportunity, how to evaluate a compensation package, and how to assess a partnership buy-in.
This course is one in a series of courses offered by CareerPhysician to provide you with valuable knowledge and skills that will give you an edge as you begin your professional career as a physician.