03585nas a2200313 4500008004100000024000700041245009600048210006900144260001900213300001000232490000700242520262000249653001502869653001402884653002302898653001302921653001102934653001802945100002502963700002802988700002803016700002403044700002403068700002803092700002903120700003003149700002903179856006303208 2023 eng d a0300aAccounting and Financial in Pharmacy Practice: Financial Position Statement (Balance Sheet)0 aAccounting and Financial in Pharmacy Practice Financial Position cSeptember 2023 a17-280 v123 a

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’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

10aAccounting10aFinancial10aFinancial Position10aPharmacy10aPolicy10aSaudi Arabia.1 aAlomi, Yousef, Ahmed1 aAljumah, Ghadeer, Zayed1 aAlohlie, Nasser, Rashid1 aAlamri, Naif, Saleh1 aAlashban, Riyadh, M1 aAlmadany, Maha, Hussein1 aAlmasoudi, Abeer, Hussin1 aAlHamdan, Basmah, Suliman1 aAlanazi, Ghudair, Tashan uhttps://www.ijphs.org/article/2023/12/1/105530ijpcs2023124