Reporting Practices And Ethics Paper

Reporting Practices and Ethics Paper 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 ethical care finance is actually important to produce successfully organizations. Financial heed of wellness care organization can be a interlinking challenge for health care passenger cars, from the basic elements of monetary management to the heavy 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 world ( HPWP,2011). A capable workforce is central to the livery of high- lumber care. Research from other industries suggests that the methodical use of evidence- ground management practices, much(prenominal) as systematic personnel selection and incentive stipend serves to attract and retain well-qualified health care mental faculty and that HPWPs may represent an important and underutilized strategy for improving quality of care and patient safety (HPWP,2011).



In this paper 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 generally acceptable accounting principles and general financial ethical standards.
Financial Management
There are four recognized elements of financial management:(1) planning, (2) controlling, (3) organizing and directing, and (4) decision making. The four divisions are based on the purpose of each task. (p.5) ( Baker & Baker, 2011). These elements garter to make the managers choices informed and effective. When looking at each element individually, the first planning; a manager must 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, order it on our website: Ordercustompaper.com



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