Title: The Importance of Accounting in Health Care Organizations: Understanding Charity Care, Bad Debt, Independent Audits, and GAAP Standards

Why is accounting important for health care organizations? What is the difference 
between charity care and a bad debt? What are two purposes of an independent audit? 
What is the difference between a “fair representation” and a “fair representation in 
accordance with GAAP”? Do the four financial statements provide adequate information 
about the financial position and results of operations of the organization?
Use APA format for the discussion posts and responses. All references must be evidenced based, peer reviewed, journals, articles, or books that were published within the last 5 
years.