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    Chart of Accounts, 6th Edition

    Steven Andes, PhD, CPA
    Robert J. Gold, MS, CPA

    Book

    ISBN: 9781568294452

    SKU: 8811

    Non-Member Price$50.00

    Member Price$20.00

    eBook

    SKU: E8811

    Non-Member Price$50.00

    Member PriceFREE

    Formats:

    Book
    Non-Member Price:

    $50.00

    Member Price:

    $20.00

    eBook
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    Description

    The practice’s chart of accounts is the basis for all accounting information recorded in its financial records. In order to produce the accurate and detailed reports you need for management decision-making you need a chart of accounts designed to meet the unique needs of a medical practice.

    The 6th Edition of the MGMA Chart of Accounts has the accounting structure you need to:

    1. Account properly for the unique revenue sources and expenses of a medical group practice
    2. Complete the MGMA Cost Survey questionnaire
    3. Record value-based payments made by governmental and commercial insurers
    4. Record non-patient revenues and their related expenses to determine profitability for these other revenue sources
    5. Track depreciation by type of asset and to record capitalized leases
    6. Track the specific components of compensation for physician owners and employed physicians
    7. Reduces the opportunity for error or fraud because it includes internal checks
    8. Track facility fee billing and accounting
    9. Track revenue and expenses related to clinical research trials
    10. Use accrual accounting methods for management but cash accounting for income tax reporting and other purposes

    Table of Contents

    Preface

    About the Authors

    Chapter 1 Role of the Chart of Accounts in a Medical Group Accounting System

    Chapter 2 Structure of the MGMA Chart of Accounts

    Chapter 3 How Many Accounts Does Your Practice Need?

    Chapter 4 Implementing the MGMA Chart of Accounts

    MGMA Chart of Accounts Version 6.1 for Practices with Extensive Financial Information Needs

    MGMA Chart of Accounts Version 6.2 for Practices with Normal Financial Information Needs


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    Please contact the MGMA Service Center toll-free at 877.ASK.MGMA (275.6462) for issues or concerns with this book.


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    Details
    You will receive two bonus downloads with purchase of this printed book. Look for the files in your My Downloads area under My Account. 
    Steven Andes

    Written By

    Steven Andes, PhD, CPA

    stevenandes12@gmail.com.  


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