@article {352, title = {Accounting and Financial in Pharmacy Practice: Financial Position Statement (Balance Sheet)}, journal = {International Journal of Pharmacology and Clinical Sciences}, volume = {12}, year = {2023}, month = {September 2023}, pages = {17-28}, type = {Research Article}, chapter = {17}, abstract = {

Objectives: To the financial position statement (balance sheet) policy and procedures in pharmacy practice as a new initiative in Saudi Arabia. Methods: It was a narrative review of the Financial position statement (balance sheet) policy and procedures in pharmacy practice. Litterateur searched various databases, including PubMed, Medline, and Google Scholar. The search period is from the 1960s until 15 October 2023. The term is in full-text English and includes Case Reports, Classical Articles, Clinical Conferences, Clinical Studies, Clinical Trials, Evaluation Studies, Government Publications, Guidelines, Meta-Analysis, Observational Studies, Practice Guidelines, Randomized Controlled Trials, Reviews, Systematic Reviews, with Humans subject. All hospital or community pharmacy services are included in a search term. Besides, the National and international guidelines of general infection control in hospital practice. The committee of pharmacy accounting policy and procedures formulated and consisted of various expert members. That includes clinical pharmacists, accountant specialists, and financial experts. The guidelines of the policy draft by one member by the second member were reviewed and corrected. The third revision was by the accountant specialist. The topic emphasizes the Financial position statement of the Pharmacy policy. Results: the financial position statement in pharmacy practice indicates its financial position at a particular time, indicating its assets, liabilities, and equity. The financial position statement showed the relationship between these three elements of the pharmacy{\textquoteright}s total assets, liabilities, and equity and how these items have changed over time. As illustrated in the review, various analyses are required for the financial position statement, including general analytics, profitability, liquidity, liabilities, efficiency, and price or market analysis or investment analysis policy and procedures. Conclusion: The financial position statement in pharmacy practice policy and procedures is a new initiative project for non-professional accountants. The financial position statement in pharmacy practice improves business and financial decisions. In addition, it encourages pharmacists to adhere to accounting and financial regulations at various places at healthcare institutions. Therefore, the financial position statement in pharmacy practice policy and procedures policy is highly recommended for implementation in the pharmacy business in Saudi Arabia

}, keywords = {Accounting, Financial, Financial Position, Pharmacy, Policy, Saudi Arabia.}, doi = {10.5530/ijpcs.2023.12.4}, author = {Yousef Ahmed Alomi and Ghadeer Zayed Aljumah and Nasser Rashid Alohlie and Naif Saleh Alamri and Riyadh M Alashban and Maha Hussein Almadany and Abeer Hussin Almasoudi and Basmah Suliman AlHamdan and Ghudair Tashan Alanazi} } @article {354, title = {Accounting and Financial in Pharmacy Practice: Income and Cash Flow Statements}, journal = {International Journal of Pharmacology and Clinical Sciences}, volume = {12}, year = {2023}, month = {September 2023}, pages = {36-48}, type = {Research Article}, chapter = {36}, abstract = {

Objectives: To explore the income and cash flow statements policy and procedures in pharmacy practice as a new initiative in Saudi Arabia. Methods: It was a narrative review of the pharmacy practice{\textquoteright}s income and cash flow statements policy and procedures. Litterateur searched various databases, including PubMed, Medline, and Google Scholar. The search period is from the 1960s until 15 October 2023. The term is in full-text English and includes Case Reports, Classical Articles, Clinical Conferences, Clinical Studies, Clinical Trials, Evaluation Studies, Government Publications, Guideline, Meta-Analysis, Observational Studies, Practice Guidelines, Randomized Controlled Trials, Reviews, Systematic Reviews, with Humans subject. All hospital or community pharmacy services are included in a search term. Besides, the National and international guidelines of general infection control in hospital practice. The committee of pharmacy accounting policy and procedures formulated and consisted of various expert members. That includes clinical pharmacists, accountant specialists, and financial experts. The guidelines of the policy draft by one member by the second member were reviewed and corrected. The third revision was by the accountant specialist. The topic emphasizes income and cash flow statements of the Pharmacy policy. Results: The income and cash flow statements policy and procedures in pharmacy practice had various benefits, such as Financial management, business and tax plan, and assessing the pharmacy profitability and expenditure management. Besides, the pharmacy business{\textquoteright}s liquidity and solvency. The income and cash flow statements suggested policy and procedures and related analysis in the pharmacy practice. Conclusion: The income and cash flow statements policy and procedures in pharmacy practice as a new initiative in Saudi Arabia. They will improve the pharmacy business and better financial management. In addition, it encourages pharmacists to adhere to local and international financial and accounting standards and regulations. Therefore, in pharmacy practice, income and cash flow statements policy and procedures are highly suggested for pharmacy business in Saudi Arabia

}, keywords = {Accounting, Cash Flow, Financial, Income Statement, Pharmacy, Policy, Saudi Arabia.}, doi = {10.5530/ijpcs.2023.12.6}, author = {Yousef Ahmed Alomi and Ghadeer Zayed Aljumah and Nasser Rashid Alohlie and Naif Saleh Alamri and Maha Hussein Almadany and Basmah Suliman AlHamdan and Riyadh M Alashban and Abeer Hussin Almasoudi and Ghudair Tashan Alanazi} } @article {359, title = {Accounting and Financial in Pharmacy Practice: Quality Perspective}, journal = {International Journal of Pharmacology and Clinical Sciences}, volume = {12}, year = {2023}, month = {September 2023}, pages = {77-89}, type = {Research Article}, chapter = {77}, abstract = {

Objectives: To explore the accounting system quality management policy and procedures in pharmacy practice as a new initiative in Saudi Arabia. Methods: It was a narrative review of accounting system quality management policy and procedures in pharmacy practice. Litterateur searched various databases, including PubMed, Medline, and Google Scholar. The search period is from the 1960s until 15 October 2023. The term is in full-text English and includes Case Reports, Classical Articles, Clinical Conferences, Clinical Studies, Clinical Trials, Evaluation Studies, Government Publications, Guideline, Meta-Analysis, Observational Studies, Practice Guidelines, Randomized Controlled Trials, Reviews, Systematic Reviews, with Humans subject. All hospital or community pharmacy services are included in a search term. Besides, the National and international guidelines of general infection control in hospital practice. The committee of pharmacy accounting policy and procedures formulated and consisted of various expert members. That includes clinical pharmacists, accountant specialists, and financial experts. The guidelines of the policy draft by one member by the second member were reviewed and corrected. The third revision was by the accountant specialist. The topic emphasizes accounting system quality management of the Pharmacy policy. Results: The quality management of accounting system policy and procedures in pharmacy practice has consisted of accounting auditing and financial performance indicators. The review declares accounting system quality indicators and financial indicators. Besides, the techniques of conducting quality management systems for accounting programs in pharmacy practice. Conclusion: The quality management of accounting system policy and procedures in pharmacy practice demands keeping inventory products at an appropriate level, with cost control. Besides, monitor financial indicators and adhere to an accounting auditing system. Thus, quality management of accounting system policy and procedures is highly recommended for pharmacy career professionals worldwide.

}, keywords = {Accounting, Financial, Pharmacy, Policy, Quality management, Saudi Arabia.}, doi = {10.5530/ijpcs.2023.12.10}, author = {Yousef Ahmed Alomi and Ghadeer Zayed Aljumah and Nasser Rashid Alohlie and Naif Saleh Alamri and Riyadh M Alashban and Maha Hussein Almadany and Abeer Hussin Almasoudi and Basmah Suliman AlHamdan and Ghudair Tashan Alanazi and Hussain Mohammed Ibrahim Aareji} }