The Doctor's Guide to Owning a Financially Healthy Practice
What They Don't Teach You in Medical School
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The Doctor's Guide to Owning a Financially Healthy Practice
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Narrated by:
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Chaz Allen
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Written by:
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Wayne A. Label
About this listen
Health care professionals who want to be successful don't turn over their accounting to a bookkeeper and forget about it. It is essential that you understand your finances and keep them in order to operate a profitable practice.
Join Dr. Sarah with the Desert Medical Care Co., a fictitious firm, as she navigates the world of accounting in order to establish a successful practice. Enrich your professional and personal life with explorations of the following:
- Generally Accepted Accounting Principles (GAAP) and how to abide by them
- The components of the balance sheet
- The transactions that affect the income statement
- The importance of cash flow in your business
- The benefits of working with a certified public accountant
- The advantages of budgeting
Listen as the transactions become more complex and varied for Dr. Sarah as she expands her business. The foundation of it all, however, remains a basic understanding of accounting. Get the solid foundation you need and avoid the mistakes that could wreck everything you've worked so hard for in The Doctor's Guide to Owning a Financially Healthy Practice.
©2010 Dr. Wayne A. Label and Dr. Weldon Havins (P)2013 Dr. Wayne A. Label and Dr. Weldon Havins