Analyzing Financial Position

Discuss the influence of the institutional structure on the form and content of financial statements and describe how financial data are assembled and integrated onto an articulated set of financial statements.

Write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

The CEO of a 100-bed Nursing Home has noticed that the board of directors is having a hard time understanding his vision of where the hospital needs to go. The CFO has a lot of trouble getting the board of directors to understand the organization’s key performance indicators/metrics using balanced scorecard and dashboard reporting. He has selected you to develop a scorecard and dashboard illustrating the key indicators and send the sample and a memo to the board members explaining the following:

1. Your sample balanced scorecard and dashboard reporting

2. Discuss the four key success factors of dashboard reporting

?NOTE: You may develop your own or research and find a healthcare balanced scorecard and dashboard online.

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