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Find the year-end (6/30/16) audited financial statements for Anne Arundel Health System, Inc. and Subsidiaries....

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Accounting

Find the year-end (6/30/16) audited financial statements for Anne Arundel Health System, Inc. and Subsidiaries. Going forward, referred to as AAHS

link to financial statements

Exhibit 9 Consolidated Audited Financial Statements of AAHS and Subsidiaries for the Years Ended June 30 2016 and 2015.pdf

  • 1) What type of entity is AAHS (not-for-profit, investor-owned, or a Government Healthcare entity).
  • 2) What authoritative accounting standards does AAHS follow in the preparation of its financial statements?
  • 3) What are the components of AAHS's financial statements (consolidated statements)?
  • 4) What are the different classifications of "net assets" on the balance sheet/statement of Financial Position for AAHS?
  • 5) Read the Independent Auditor's Report. Which entity/group is responsible for the preparation of AAHS's financial statements (independent auditor, management, Board of Directors, the government regulators)?

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