HCS 219 Week 1 First E-mail to Lauren

From Lauren:

Hey there, I have some questions for you that I’m hoping you can help me with. I’ll break them into bullets to make it a little easier to manage. Here you go:

• What’s the difference between managerial and financial accounting? What are each used for? Can you also provide some examples and descriptions of reports used in each area?
• I’ve also heard the term “double-entry accounting”. Can you explain what that is?
• I know there will be various stakeholders, but I’m not sure who they may be. Can you identify some of the different financial stakeholders in a health care setting? Will you also include examples of the types of reports or reporting each stakeholder will need?

Thanks so much for your help. I look forward to learning much from you!

Lauren

Write a 700- to 1,050-word e-mail response to Lauren. Include any graphics, tables, or diagrams you wish.

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