There are 2 parts. Resources: Penner, S. J. (2017). Economics and financial man

There are 2 parts.
Resources:
Penner, S. J. (2017). Economics and financial management for nurses and nurse leaders (3rd ed.). Springer Publishing Company.
• Chapter 6: Budget Planning
• Chapter 7: Special Purpose, Capital, and Other Budgets
Pearce, P. F., Morgan, S., Matthews, J. H., Martin, D. M., Ross, S. O., Rochin, E., & Welton, J. M. The value of nurse staffing: ANA principles redevelopment and direction for the future. Nursing Economics, 36(4), 169-176.
Kolakowski, D. (2016). Evidence-based nursing: Constructing a nursing budget using a patient classification system. Nursing Management, 47(2), 14-16.
Welch, T. D., & Smith, T. (2020). Understanding FTE’s and Nursing Hours Per Patient day. Nurse Leader, 18(2), 157-162.
Waxman, K. T., & Mssarweh, L. J. (2018). Talking the talk: Financial skills for nurse leaders. Nurse Leader, 16(2), 101-106.
Benzaghta, M. A., Elwalda, A., & Mousa, M. M. (2021). SWOT Analysis applications: An intergrated literature review. Journal of Global Business Insights, 6(1), 55-73.
Morrison, M. (2016). SWOT analysis made easy.
Assignment A (worksheet) Instructions:
1. Synthesize the material posted in the module before you begin this assignment.
2. Analyze the monthly financial report for World’s Best Hospital 1 North Nursing Unit.
3. Save the monthly financial report excel spreadsheet to your computer for submission as Module 3A Assignment. Variance Report for Best Hospital 1 North.xlsx
4. Enter your brief analysis and justifications for each reported line item in the Variance Analysis column of the worksheet. You will create a hypothetical scenario to support the budget justifications. You will expand your scenario details in Module 3B Assignment Narrative Variance Report.
5. In the Forecasting 2023 column, enter a brief note of what should be considered when planning the next year’s budget.
6. Be sure to save your entries on the worksheet.
7. References are not required for this assignment.
Assignment B instructions:
1. Synthesize the material posted in the module before you begin this assignment.
2. After completing your analysis of the monthly financial report excel spreadsheet for World’s Best Hospital 1 North Nursing Unit, you will write a one to two page narrative report that provides additional detail of the justifications for revenue and expenditures.
3. Save the word document Variance Report Narrative – World’s Best Hospital 1 North Nursing Unit to use for Assignment 3B. August 2022 Variance Report Narrative Assignment.docx
4. Compose a well written paragraph for each of the topics listed on the Variance Report Narrative. You will create a hypothetical scenario to justify your report.
5. Enter your brief analysis and justifications for each reported line item in the Variance Analysis column of the worksheet. You will create a hypothetical scenario to support the budget justifications. You will expand your scenario details in Module 3B Assignment Narrative Variance Report.
6. Include observations in your narrative that address the monitoring of supplies and expenses, trends in staffing, excessive training or vacation time, barriers to revenue, and trends in patient volumes.
7. Be sure to save your entries on the word document.
8. Cite the course textbook as needed and include in the reference page. Additional references are optional.