Chapter 14: Financial management

The American Pharmacists Association eBooks 2026 Book chapter

View at publisher
Authors: Kimber Boothe
DOI: 10.21019/9781582123073.ch14
Cited by: 0
References: 34

Abstract

Define the five account types used in financial accounting (assets, liabilities, equity, revenues, and expenses). Recall the basic accounting equation. Describe the four financial statements and explain their use (balance sheet, income statement, statement of changes in equity/retained earnings, statement of cash flows). Calculate the return on investment for a new pharmacy initiative or service. Develop a business plan and pro forma to justify resources for a new pharmacy initiative or service.

Fields of Study & Subjects

Financial Analysis and Corporate Governance Pharmacy and Medical Practices Accounting and Financial Management

Publication details

Journal / source
The American Pharmacists Association eBooks
Publication date
1 February 2026
Language
EN
Document type
Book chapter