Course Description
Course provides a working knowledge of financial management for managers and administrators who work or plan to work in public health and not-for-profit organizations. Course includes discussions on basics of financial accounting, costs and controls, budgeting, financial analysis, revenue, and revenue sources for governmental and not-for-profit organizations.
Athena Title
Public Health Finance
Equivalent Courses
Not open to students with credit in HPAM 7750, HPAM 7750E, HPAM 7800E
Pre or Corequisite
HPAM 7010 or HPAM 7010E
Semester Course Offered
Offered spring
Grading System
A - F (Traditional)
Student learning Outcomes
- Students will be able to explain generally accepted accounting principles and other appropriate standards.
- Students will be able to gather, interpret, and report financial data and communicate data and information according to standards.
- Students will be able to develop budgets and financial data according to prescribed submission formats and specifications.
- Students will be able to use cost, managerial accounting, and economic evaluation approaches and apply these skills to the practice of public health.
- Students will be able to assess budget activities and their relationship to the operational and program goals of the organization.
- Students will be able to explain basic financial and business processes including accounts payable, accounts receivable, and time accounting.
- Students will be able to apply principles of financial management to promote financial accountability and transparency.
- Students will be able to explain the role of audits for program improvement.
- Students will be able to analyze process of identifying new funding sources, revenue streams, and product lines, as well as strengthening and maintaining existing ones.
- Students will be able to examine the relationship between strategic planning, budgeting, and financial management.
Topical Outline
- Introduction to Budgeting
- Fiscal Impact of Policies and Costs and Managerial Accounting in Public Health Operations
- Capital Budgeting and Long-Term Financing
- Financing Streams and Managing Resources; Accountability and Control; Ensuring Accuracy of Financial Information; Federal Regulations; Meeting Stakeholders Needs and Ethical Practices
- Accounting Principles and Standards
- Operating Resources and Cash Management
- Financial Management in Not-for-Profit Healthcare Organizations
- Financing Issues in Healthcare Programs of U.S. State and Local Governments
- Financial Analysis, Auditing, and Management
- Sustainability and Long-Range Planning
