EMS 480 - Financial Analysis of EMS Systems

Description:
This course introduces basic financial analytical processes as they apply to EMS, with emphasis on interpreting financial statements, assessing financial burden, cost projection, cost-benefit analysis, and formulas for evaluating financial performance.

Prerequisites:
Prerequisite: admission to the paramedical major or program.

Credits: (3)

Learner Outcomes:
Upon successful completion of this course, the student will be able to:

Demonstrate ability to initiate and manage effectively accounting ledger entries for traditional revenue- expenditure accounting.
Demonstrate an understanding of the elements of a balance sheet and an income statement, the importance of each respective element, and their relationship to each other in traditional EMS financial management.
Demonstrate the ability to conduct effective and meaningful financial analysis of an organization’s budget and revenue versus expenditures utilizing traditional and fundamental formulae and methods.
Demonstrate the ability to conduct effective and meaningful financial analysis of an organization’s budget and revenue versus expenditures utilizing financial ratios and projection of fiscal trends and performances.

Learner Outcomes Approval Date:
1/28/2010