Reporting Practices and ethics report card 1 Reporting Practices and Ethics Paper Diane Williams dread 29, 2011 University of Phoenix Reporting Practices and Ethics Paper 2 In the wellness take environment pecuniary practices and honorable care finance is actually important to levy successfully governings. pecuniary heed of wellness care organization can be a interlinking challenge for health care passenger cars, from the basic elements of monetary focal point to the weighty burdens of ethical compliance and accuracy. Although the worst of the global financial crisis is past, its legacy continues to place new demands on financial institutions close to the founding ( HPWP,2011). A capable workforce is central to the livery of high- pound off care. Research from other industries suggests that the methodical use of evidence- ground management practices, much(prenominal) as systematic personnel selection and incentive hire serves to attract and retain well-qualified health care psychogenic faculty and that HPWPs may represent an important and underutilized strategy for up quality of care and patient safety (HPWP,2011).
In this publisher the pillow slip to discuss is financial reporting practices and ethical standards in health care, how health care reform is changing and making these organizations to a greater extent accountable and summaries of in the main acceptable accounting principles and general financial ethical standards. Financial Management There are four recognized elements of financial management:(1) planning, (2) arrogant, (3) organi zing and directing, and (4) decision making.! The four divisions are based on the purpose of separately task. (p.5) ( Baker & Baker, 2011). These elements garter to hold in the managers choices informed and effective. When looking at each element individually, the first planning; a manager mustiness identify what footprints and tasks need to be realised for the organization, he or she may ask what the next step is or what the procedures are. Next, controlling is making certain...If you want to get a full essay, gild it on our website: BestEssayCheap.com
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