Full Description
This introductory text covers the basics of accounting and financial management and demonstrates the application of these principles to pharmacy practice. Coverage includes: the guiding principles of accounting; financial statements, from detailed transactions to summary reports; basics of finance and financial analysis; budgeting and inventory management; pricing goods and services; personal financial management. Case studies, based on realistic examples are used to show how accounting and financial management principles apply to all areas of pharmacy practice. Financial Analysis in Pharmacy Practice is an invaluable resource for graduate students in pharmacy administration and professional pharmacy students, as well as pharmacists in the public and private sectors who wish to be well informed when making financial decisions.
Contents
1. Introduction; 2. Understanding the Guiding Principles of Accounting; 3. From Detailed Transactions to Summary Reports; 4. Financial Statements; 5. Basics of Finance and Financial Analysis; 6. Financial Aspects of Inventory Management; 7. Budgeting; 8. Pricing Goods and Services; 9. Personal Financial Management
