Give 5 examples of records kept in a healthy facility? List 5 elements of a financial statement?

Examples of records kept in a healthy facility:

1. Patient medical records: These include information about a patient's medical history, diagnoses, treatments, medications, and any other relevant healthcare information.

2. Staff records: These records include information about the facility's employees, such as their qualifications, training, certifications, and performance evaluations.

3. Inventory records: These records track the facility's inventory of medical supplies, equipment, and medications, ensuring that there is an adequate supply and preventing shortages.

4. Incident reports: These records document any accidents, injuries, or incidents that occur within the facility, including details of what happened, who was involved, and any actions taken to address the situation.

5. Financial records: These records include financial statements, invoices, receipts, and other financial documentation that track the facility's income, expenses, and overall financial health.

Elements of a financial statement:

1. Balance sheet: This statement provides a snapshot of a company's financial position at a specific point in time, showing its assets, liabilities, and shareholders' equity.

2. Income statement: Also known as a profit and loss statement, this statement summarizes a company's revenues, expenses, and net income or loss over a specific period of time.

3. Cash flow statement: This statement tracks the inflow and outflow of cash within a company, showing how cash is generated and used during a specific period.

4. Statement of retained earnings: This statement shows the changes in a company's retained earnings over a specific period, including net income or loss, dividends, and other adjustments.

5. Notes to the financial statements: These are additional disclosures and explanations that accompany the financial statements, providing more detailed information about specific items or transactions.