Determining Financial Viability

Determining Financial Viability

Introduction

The paper aims at exploring the concept of financial viability by exploring relationship between accounting and finance. In addition to this, the paper investigates operating mechanism of these two disciplines in determining the financial viability of a healthcare organization. Finally, the paper draws conclusion on the overall understanding of the subject matter.

Discussion

According to RCH (2009), financial viability refers to a firm's ability to generate sufficient income in order to meet leverage commitments and operating payments of a business while assuring sustainable long run growth. A firm may assess financial viability of business projects and strategic decisions by ...