Develop a financial plan for Patton-Fuller Community Hospital for the upcoming year using the 2010 Operating Budget Assumptions memo and the 2009 Operating Budget in the Patton-Fuller Community Hospital Virtual Organization, see attached.
Identify the GAAP used to create the financial plan. (one – two paragraphs)
Explain the relevance of each GAAP to the financial plan.
Identify the financial statements used to develop the financial plan. (two – three paragraphs)
Discuss the value of each identified financial statement to your decision-making process in the financial plan.
Describe the relationship of the financial statements used in the financial plan
