2023-2024 / GEST7060-1

Financial aspects (analytical approach)

Duration

25h Th, 10h Pr

Number of credits

 Master in public health (120 ECTS) (new programme)4 crédits 

Lecturer

Vincent Compagnie

Language(s) of instruction

French language

Organisation and examination

Teaching in the first semester, review in January

Schedule

Schedule online

Units courses prerequisite and corequisite

Prerequisite or corequisite units are presented within each program

Learning unit contents

* Accounting system:

a) Fundamental principles of Accounting

b) Balance sheet and Profit and Loss Statement

c) General Accounting System versus Analytical Accounting System

* Financial Analysis:

a) Inner workings of a hospital and its link to the annual statements

b) Evaluating liquidity and solvability

c) Evaluating profitability and investment policies

* Analytical techniques:

a) Allocation measures

b) Comparing and evaluating projects

Learning outcomes of the learning unit

At the end of the course, students should be able to :

  • Comprehend the financial situation of hospitals
  • Comprehend analytical accounting
  • Evaluate the financial situation of hospitals
  • Connect financial aspects to the debate regarding hospital reform
  • Comprehend financial management techniques
  • Evaluate and select decisions from a financial perspective

Prerequisite knowledge and skills

Planned learning activities and teaching methods

The theory is explained and illustrated by the teacher. In addition, exercise sessions are organised.

The students have to complete an assignment in which they have to solve cost accounting exercises.

Mode of delivery (face to face, distance learning, hybrid learning)

Face-to-face course

Recommended or required readings

The teaching aids are as follows:

- the slides seen in the course;

- a collection of exercises.

Exam(s) in session

Any session

- In-person

written exam ( multiple-choice questionnaire, open-ended questions )

Written work / report

Work placement(s)

Organisational remarks and main changes to the course

Contacts

Vincent Compagnie

vcompagnie@uliege.be

Association of one or more MOOCs