Finkler (public and health administration, accounting, and financial management, New York U.), Ward, and Calabrese explain financial accounting fundamentals to healthcare students and managers. They cover electronic spreadsheets, the financial environment of health care organizations, accounting concepts, key financial statements, valuation of assets and equities, recording and reporting financial information, the role of the outside auditor, depreciation, inventory costing, financial statement analysis, ratio analysis, working capital management and banking relationships, investment analysis, and capital structure. Along with a new co-author, this edition includes an Excel tutorial; discussion of the new health care reform law and its financial issues, the International Financial Reporting Standards and their implications for health care management, fair value accounting, the difference between the cash and accrual basis of accounting, and the Sarbanes-Oxley Act and the COSO (Committee of Sponsoring Organizations of the Treadway Commission) Opinion; simplified discussion of the IRS' Modified Accelerated Cost Recovery System; updated examples; expanded questions and problems; and new charts, graphs, Excel templates, and web-based chapter questions and answers. No bibliography is provided. Annotation ©2013 Book News, Inc., Portland, OR (booknews.com)