Cover the following: Select a tool that is essential to the analysis of an organization’s financial status and explain it in detail. Using this tool as a template, create an application of it in an imaginary organization. Examples include, but are not limited to, balance sheets and operating (income) statements. Explain the example tool in detail. One option is to use generally accepted accounting principles (GAAP) to highlight various sections of the tool. Another option might be to provide a detailed explanation of fund accounting, highlighting various sections of the example. Be sure that the tool matches the explanatory methods used. At least two sources must include Finkler, S., Jones, S., & Kovner, C. (2012). Financial Management for Nurse Managers and Executives (4th Ed.). [VitalBook Digital Version]. St. Louis, MO: Elsevier Porter, G.A. & Norton, C.L. (2015). Financial Accounting: The Impact on Decision Makers. (9th Ed.). Stamford, CT: Cenage
Accounting Project
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