This course offers an introduction and overview of selected accounting issues and will provide students with an understanding of the basics of financial and managerial accounting principles and their application to healthcare organizations. The course will build basic knowledge of cost accounting, including full and differential costing techniques, and will focus on management control structures and processes, also addressing topics such as budgeting, reporting, and variance analysis. Particular attention will be given to healthcare accounting practices. Prerequisite: HSC 425. 3 credits.