Red Flags Essay

In controlling the financial manager makes sure that each department of the health agency is following the plans that have been put together. One way to do this is to study current records and compare them with reports from an earlier day and time. By comparing it’s often shows where you 're going to see the areas that need attention. The manager uses feedback to discover the areas that are not as effective. The purpose of controlling is to ensure that the original plans are being followed.

The control structure is the means used to ensure that organization members are doing what they are supposed to do; it describes the nature of and methods for communication in an organization. Due to lack of a structural job design and absence of coordination within departments and lack of autonomy employees are irresponsible and do not perform the task to

“The control environment sets the tone of an organization, influencing the control consciousness of its people. It is the foundation for all other components of internal control, providing discipline and structure.” The Committee of Sponsoring Organizations of the Treadway Commission (COSO) published the Internal Control–Integrated Framework in 1992. As summarized above one can see the importance of the implementation of an effective control environment, as it sets the foundation for the other 4 components of internal control. The control environment is made up fundamental smaller components. The ones that were particularly relevant to BMIS are the use of board of directors and audit committee, management philosophy and operating style, and human resource policies and practices. If management doesn’t prioritize control, then the rest of the organization will not put precedence on following policies and procedures either. This was clearly evident at Bernard L. Madoff Investment Securities LLC (BMIS), and ultimately led to their downfall.

‘...now we are in a place more beautiful than creation.’ (p.202) At the end of ‘Trash’, Raphael, Gardo and Rat begin a new life. Describe the qualities of each character and how their friendship helped them overcome their hardships.

The design and implementation and objectives of company controls are not adequate to meet the control objectives. The control environment control objective is ineffective. This control objective lacks a written policy on ethical conduct, is lacking oversight from the board of directors and audit committee, lacks a consistent style and philosophy from management, and lacks a strong commitment to competence. The risk assessment control objective is effective but lacks any antifraud program and controls. The information and communication control is ineffective. A virus has been detected and is affecting the files of the company. This control is lacking a strong IT department. The general controls financial reporting control objective is effective but is weak in detecting or preventing material misstatement. The monitoring control objective is ineffective; this control has need of an internal auditor.

Overall Strength: in general, the article provides structure to a concept that is very intangible by: (a) describing the nature and the functions of control; (b) segregating the MCS into categories: core control system, organizational structure, and organizational culture; (c) illustrating how to apply the control model (satisfied my approach) (d) provides a basis for designing and evaluating the system. The manner, in which the model is presented, with its use of figures, further emphasizes the structure of the model. See below on further emphasis on parts (a) -(c).

However, the organizations achieve regulatory and accreditation compliance of each organization will help each organization by making sure that they are in compliance with up to date information and laws to better serve the patients and staff. For instance it will offer different services like Awareness, Education and Organization, which helps to create the awareness, obtain executive management commitments. It will also offer Assessment and Risk Analysis, Training, documentation and ongoing monitoring. By making sure each employee receive the necessary classes and training they will be successful in achieving the organizational performance in which is set by the organizational team. By improving the overall organizational performance different things can be done from appraising and rewarding the necessary employees that do go over and beyond for the organization. Also, by making sure everyone is doing the necessary jobs in which need to be done by following the plan in which is set regarding the organizations.

g) Biological assets related to agricultural activity that are measured at fair value less costs of disposal

The Internal control system plays an integral role in an organization’s success, whether for-profit or not-for-profit, and regardless of size. As health care organizations becoming more

● Monitoring — Internal control systems need to be monitored–a process that assesses the quality of the system’s performance over time. This is accomplished through ongoing monitoring activities, separate evaluations or a combination of the two. Ongoing monitoring occurs in the course of operations. It includes regular management and supervisory activities, and other actions personnel take in performing their duties. The scope and frequency of separate evaluations will depend primarily on an assessment of risks and the effectiveness of ongoing monitoring procedures. Internal control deficiencies should be reported upstream, with serious matters reported to top management and the board.

This paper seeks to look into organizational behavior in health care management and most importantly its impact on health care management and delivery. Organization behavior is crucial in guiding the regulatory activities, the staff activities and the overall culture that directs an organization. Organizational behavior in health care setting is paramount to ensuring patient safety, ethical behavior among the medical practitioners, patient-centered care and effecting change in the facilities which is bound to improve healthcare delivery and patients’ satisfaction. The strategic management of any health

The responsible authority would be the professionals over the organization, and the department managers, and supervisors who are responsible for monitoring and controlling the activities of the employees in their departments or units. There must be close monitoring of payer activities that involves, Integrated Delivery Systems (IDS) that is an essential asset to reduce and/or manage the overall medical costs of utilization within the organization. The authorized professionals must review functions that determine coverages and benefits of medical services of the different health care plans. The careful and clarifying task that is done in this area may prevent and detect fraudulent potential activity. Then there is the task of monitoring the

Accountability has become an important field in the health care programs because it involves the events and procedures for not only mitigating but also taking responsibility for the actions taking place in an organization. This is crucial because how the funds are handled may directly affect how the patient is treated or the quality of treatment the patient gets. Accountability has also been known to have a robust influence on how one makes decisions. This has been proved true in the study of social cognition, organizational dynamics, and human interaction. This shows the importance of accountability in the health care systems and how the employee's accountability is measured. It is also important to analyze how the checks and balances procedure is like. Accountability also affects the organization's working culture hence the importance to maintain a good working culture and avoid one that is blamed in health care.

Internal controls prevent errors and irregularities from happening. If errors or irregularities do happen to occur internal controls will help ensure that they are detected in a timely manner. Internal controls also encourage adherence to prescribe policies and procedures. Internal control are also put into place in order to protect employees by outlining tasks and responsibilities, providing checks and balances, and also from being accused of misappropriations, errors and irregularities.

There are so many events that change one’s life that it is rather difficult to try and decipher which of those events are most important. Each event changes a different aspect of your life, molding how one’s personality turns out. One of these events occurred when I was about twelve years old and I attempted to steal from a Six Flags amusement park. My reasoning for stealing wasn’t that I didn’t have the money, or even that I wanted what I stole all that badly, it was that all of my friends had stolen something earlier that day and didn’t get caught. After getting caught I resolved, because the consequences are just not worth it, never to steal or give into peer pressure again.