Details

Date TBA

8:00 a.m. – 5:00 p.m.

$1,450

Includes tuition, course materials, parking and most meals.

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About the Program

Every business professional needs to understand accounting and finance to thrive and make informed decisions. While finance is a universal language, the world of healthcare finance has slight differences and nuances that many other industries don't encounter.

As part of the Rady Center for Executive Development’s health care series, Accounting & Finance for Healthcare Professionals will teach participants the basics of finance and accounting with a specific emphasis on their industry.

Learning Objectives

  • Reading and Interpreting balance sheet and income statements
  • Synthesizing that information into financial models
  • Making decisions based on these models

Topics

This interactive course will teach participants:

  • Basics of accounting language and terminology
  • How to read and interpret an Income statement, balance sheet, cash flow, and other accounting reports
  • Financial reporting
  • Decision making based upon accurate reading of financial statements.
  • Present and future value
  • Budgeting
  • Forecasting
  • Overhead allocation

Participants

This course is appropriate for healthcare executives, professionals, lab managers, nurses or others that need a better understanding of accounting and finance in the healthcare industry.

Course Faculty

David Ravetch has been a UCLA accounting faculty member for over twenty-five years. He has received numerous teaching awards as well as the California Society of Certified Public Accountants’ Faculty Merit Award. When Mr. Ravetch first began teaching at UCLA, the school was not yet a major contender for accounting recruitment efforts. Under his direction, UCLA developed course initiatives, expanded offerings and launched an accounting minor, which was the school's first approved minor. He was named as the director of the undergraduate accounting program by the Anderson School, where he served for seven years.