Query regarding balance sheets and the NHS...

Query regarding balance sheets and the NHS...

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Presuming you have the following:

Assets:
Current assets
Fixed assets

liabilities:
Short term liabilities
Long term liabilities

Equity:

Anonymous

Replies (3)

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By User deleted
03rd Jan 2006 13:56

New Year's resolution?
Neil, I didn't think you did student's homework for them. Did you weaken because you work in the NHS!

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By neileg
03rd Jan 2006 13:52

Just like any other organisation
The NHS is no different from other entities in terms of its assets and liabilities. Fixed assets will include buildings, vehicles, equipment. Current assets could be stock, cash, etc. Short term liabilitie swill include trade creditors, PAYE creditors. Long term liabilities will be loans.

Obviously there will be no equity investment, but there may well be an accumulated general fund.

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By neileg
03rd Jan 2006 14:12

Graham
I do weaken now and again. Even though I'm an accountant, I do have a heart!

I don't mind helping novices, actually, it's the complex assignments quoted verbatim that get my back up.

I don't work in the NHS, though, it's local government for me.

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