...Advocate Obligated Group Advocate Health Care Analysis of financial statements is a procedure that involves the review and examination of a firm’s financial statements to help the user make informed economic decisions. The financial statement analysis includes the balance sheet, statement of retained earnings, cash flow statement and the income statement (Fridson & Alvarez, 2011). Users of financial statements include management, investors, creditors, regulatory authorities and the government. Ratio analysis is a standard financial analysis method that involves the calculation of several proportions to determine a firm’s performance in key areas. The ratios are categorized as profitability ratios, solvency ratios, liquidity ratios, asset management ratios and market value ratios. The purpose of this paper is to conduct a ratio analysis of Advocate Obligated Group Health Care for the year ended December 31, 2014, and come up with a conclusion of the firm’s financial health. 1. Current Ratio The current ratio is a liquidity ratio that evaluates a firm’s ability to meet its short-term obligations. Its formula is as follows: Current ratio = Current assets/ Current liabilities The reason I chose this ratio is that hospitals mostly buy goods on credit, and suppliers evaluate this ratio to determine whether to extend credit to the organization or not. A high ratio implies that the company can meet its maturing short-term debts. The most appropriate current ratio...
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...Individual Analysis Standards of Nursing Nursing is a multi-faceted and evolving profession defined by the American Nurses Association (ANA) as, “The protection, promotion, and optimization of suffering through the diagnosis and treatment of human responses, and advocacy in the care of individuals, families, communities and population” (ANA, 2010, p.1). Standards of nursing care set by the ANA include standards of care, code of ethics, and professional standards. The standards set forth by the ANA help to define the scope of nursing practice. For the purpose of this paper, I will further detail how these standards affect my professional nursing care. Nursing professionals are obligated and expected to practice within the scope and standards of nursing care. Within my own scope of practice, I follow the standards of care on a daily basis. I am assessing patients, planning patient care, implementing, and evaluating the outcomes of patient care. My facility has outlined standards of care. By following these policies and procedures, I can commit to safe nursing practice. Nursing professionals are also obligated and expected to adhere to the standards of professional performance. Within my own nursing practice, I am expected to provide nonjudgmental care, therefore I must disrequard my own prejudices and be an advocate for the patient no matter the patient’s race, economic status, disease process, or chosen lifestyle. The nursing professional is also responsible to...
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...Sony BMG Music Ent. claims that they were not a party to the mechanically license agreement or the producer agreement between Howard and Suckafree records. Howard, the plaintiff, e-mailed Sony numerous times to be paid, but was unsuccessful and there for filed for action against the company. Suckafree records, who represent and signed Howard, claim they had an agreement both oral and written expressed and implied with Sony that obligated Sony to pay the plaintiff Howard royalties. As a result the Suckafree defendants have asserted claims of breach of contract, fraud, and negligent misrepresentation against Sony. A representative of Sony, Bauman, told PLaindtiff Howard that the royalties are being held pending because the mechanical splits provided by the publishers exceed 100. Howard was told to communicate with the other publishers to resolve the split dispute. Howard failed to do so. II. ISSUES: Does the defendant have evidence to prove that Sony signed an agreement that paid out royalties? Can Sony prove that they were not are not obligated to pay Howard anything? Can the cross claimaints prove that Sony commited fraud? III. DECISIONS: The Plaintiffs claims against Sony were dismissed with Prejudice and Sony’s motion was granted. IV. RESONING/ RATIONALE: The cross claimants provided no...
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...Week 7 Risk Paper First I had to understand the objective to be able to differentiate between the two. They are very similar. Both are looking at the same elements; these being, Project elements, Risk likelihoods, Potential impacts, Risk factors and branching off to the descriptive elements of those. The case study is a major high-technology project with the members being experienced in this type of contractual tendering. They have used the tendering process before and can quickly find and contract one or more suppliers efficiently. Phase 1 defines establishing and documenting the risk baseline of the company. This is a comparative technique against contractors but is based mostly on assumption. The initial information in Phase 1 based on project documents and the request for tender itself. Phase 1 is able to establish a baseline. They start with the actual project documents, which aren’t used in Phase two as is the risk assessment. What is similar with both phases is what is involved in briefing the project documents and briefing the risk assessment. With both there is a review for the sources of risk, assessing the effects of the risk, and combining the likelihood and impacts of the risks. Phase 2 in contrast to Phase 1 is based on the risk baseline that has already been established. Phase 2 provides guidance based on the tenderers approach, so is not assumption based. It is derived from the actual tenderer’s responses. A difference with Phase 2 is that the tender documents...
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...which the lowest combined score reflects values most to least in agreement with a person’s view on ethics. There are key words that are categorized to represent a primary value that forms a basis on ethical decision making within a person’s ethical perspective (William Institute, 2006). CORE stands for, character, obligation, results and equity. Each one is important in making an ethical decision. Individuals’ have character that is unique, some feel obligated and believe that people deserve to be treated fairly, just like equity in which many believe that everything should be based on equal share and making a decision ends with a result. In my summary score, my ethical profile is most closely aligned with O for obligation and is least aligned with R for results. While taking this test and before answering the questions I had to really think about them, in which gave me a better understanding of my critical thinking skills. In past classes, critical thinking has been a major part of my education and within my personal life. This analysis of my test made me think hard and question my ethical beliefs. To understand this test, I had to believe there was no right or wrong answers but to be honest and open within myself of what I as a human being believed in. My results did not surprise me because I have always thought that people should be treated with respect and have the right to freedom. Our actions depend on situations and how each one of us reacts differently. I also believe that...
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...Depreciation of trucks used to transports books to college bookstores | Distribution | f) Cost of the wood used to manufacture paper | Production | g) Salary of the scientists attempting to find another source of printing ink | R&D | h) Cost of defining the book size so that a standard- sized box is filled to capacity | Design | QUESTION 2 List the four standards of ethical conduct for management accountants. For each standard, give an example that demonstrates compliance with that standard. There are four standards of ethical conduct for management accountants, and they are as follows: 1) Competence: - the ability of an individual to do a job properly. For example:- * Follow applicable laws, regulations standards. * Maintain professional competence * Prepare complete and clear reports after appropriate analysis * Follow applicable laws, regulation and standards. 2) Confidentiality: - is the non-disclosure of some information except to an authorized person. For example:- * Ensure that subordinates do not disclose confidential information * Do not use confidential information for personal advantages * Do not disclose confidential information unless...
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...Ethical Awareness Inventory Analysis Wendy Flores GEN/480 October 10, 2011 Craig Johnson Ethical Awareness Inventory I have re-taken my Ethics Awareness Inventory because the one prior focused on Character but I felt this to be a little confusing for me. There were options that I felt I wanted to choose instead of just one but I understood the concept of this Inventory. There is no right or wrong answer with the Ethics Awareness Inventory. The more I continue to increase the level of response, I will get different results. My results concluded in having Obligation to be more chosen than Character. I can see why this makes sense. I feel my obligation and anyone’s obligation is to be ethical and make the right decisions. I also base my ethical perspective on an individual’s duty or obligation to do what is morally right. I can definitely agree with this because on a personal level, for example, when I am riding the subway in the mornings or at night. There are times where I see a pregnant woman or a woman with a small child on the train and I see who will be nice enough to give up their seat. I can feel that this is an individual’s obligation to give up their seat for a mother and child. This can be considered morally right and it shows the kind of person they are. And then there are other people who just pretend they are not there and I want to say something to them. But I do not because I will not cause a dispute over that. On a professional...
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.... What minimum legal level of disciplinary process A and B entitled to if Midwestern University decides to enforce its alcohol policy against A & B? To begin my analysis of this case I would first like to point out the fact that A, B, and C have all violated the state laws of Ohio in regard to underage drinking as the legal age to drink in Ohio from my knowledge and the case facts are 21 years of age. The alcohol policies at institutions of higher education mimic the state law of its location. At a minimum, the law requires colleges to: • “Provide students with information about the laws regulating alcohol and drug use, • Institute penalties for breaking local, state, federal, and campus rules, • Publicize the health risks associated with the abuse of alcohol, and • Make counseling, treatment, or rehabilitation programs available to the students” (FindLaw)...
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...Running head: ETHICS AWARENESS INVENTORY Ethics Awareness Paper Ann Marie Eulo PSYCH/545 Professor Marc Miller, Ph.D. University of Phoenix December12, 2010 Ethics Awareness Inventory Within today’s society, ethics has become invisible among individuals. The meaning of “ethics” has become so complex and hard to pin down because of people’s views about ethics have become shaky (Velasquez, Andre, Shanks, S.J., & Meyer, 2010). Ethics is not all about religion or the law but it does relate to human being’s moral principles on how they conduct themselves of what is right or wrong within society. One aspect of defining ethics refers to moral principles that are standard of right and wrong, in other words it is a continuous effort of our own moral beliefs and values and how we as a human being conduct ourselves in difficult situations in our personal and professional life, and how we control our behavior when faced with difficult conflicts on a daily basis. As human beings we make hasty decisions and mistakes that question our personal and professional ethics. Within this paper, I will interpret my results of the Ethics Awareness Inventory test I took and explain how my results affect my personal and professional life. I will also explain how my education has enlightened and influenced my own ethical viewpoints and decision making. Although my professional life is on hold at this time, I still believe that my ethical standards are valid and true to where others’...
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...Information security is always at risk from both external and internal sources attacks, both malicious and naïve. Any information located on a computer, especially one that is utilized by a human being is not one hundred percent secure from malicious activity. A person occupying a computer is more likely to be at risk to be infected with viruses, Trojans, and malicious software. This is because an employee may unaware that his poker playing website contains malicious software that is currently being downloaded onto his work computer. This is where an incident response plan comes into play in case of something like this may come along. The intentions of an incident response plan are to mitigate the damage caused by misappropriation or mistreatment of a corporation's workstations or system assets and to thwart the forfeiture of or impairment to electronic communication assets (UC-Davis, 2001). There are many reasons for using an incident response plan such as how attacks can be handled more efficiently, therefore the loss or damage is reduced. This builds confidence with shareholders and cuts losses to the company’s bottom line, or profit. Information on current standards, hardware, software, and procedures, is enhanced. Since there is a current plan in place the only thing that can happen is that improvements are made to the flow of the steps taken to the incident response team. This will reduce the chaos of responding and everything will run more smoothly boosting...
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...sustainable. EHRs are used much more now than in the past and have become a staple in healthcare settings. EHRs have created options for healthcare organizations to choose from, in order to record documentation. Complaints and concerns have developed, in regards to electronic health records (EHRs). Since EHRs are being increasingly integrated into all aspects of healthcare settings, issues “regarding the integrity, reliability, and compliance capabilities of automated documentation processes,” have come to the surface of complaints and concerns. Because of these issues, healthcare data has to be on top of their data quality, management, and integrity full-force. To address quality issues, the Journal of AHIMA has established guidelines to follow in order to prevent data fraud. The HIM profession incorporates these documentation...
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...conditions, value systems and moral standards. Thus, MNCs are considered responsible for their affiliates and subsidiaries’ activities as they have powerful influence over them. There are 4 levels of corporate social responsibility, based on Carroll’s Pyramid of Corporate Social Responsibility. At the grass roots is the economic level, which requires that the corporation be profitable. Barrick is doing great on this level as it is the most profitable firm among the Canadian extractive Industries and has evidenced a pattern of expanding quickly. The second level is the legal responsibility - obey the laws, whereby it is embraces that firms pursue their economic missions within the law (society’s codification of right and wrong). Barrick is obligated to work within the laws of many different countries and to obtain permits/ licenses to mine and generally operate pursuant to each countries’ laws. Ethical responsibility is the third...
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...Case 1-3: Southeastern University Situation: * Southeastern University was one of the largest universities in the state. * Total enrollment of more than 25000 students and approximately 3500 staff. * Had 12 faculties at the university, over 20 continuing education diploma and certificate programs and 3 affiliated colleges. * Its purchasing department was centralized and it has a detailed policy. * Purchasing director Blake Hyatt, reported to the university’s VP of administration. * Maintained a list of approximately 1200 approved suppliers, adjusted every 3-5 years. * Follows a weighted average vendor selection system * Volume of purchases amounted to $75 M for goods and services each year. * The office of registrar handled about 160000 pieces of mails a year. * 50 to 60 employees(full time and temporary) were occupied in manually stuffing envelopes two days a month. * Walter Charbonneau, Manager of university registrar’s office bought the automatic folding machine; at cost -$14000 and supplier-not in the approved supplier list. * Heather Sloman, buyer in the purchasing department received quotes from 3 of her suppliers for a similar machine * .Q1- 10000,Q2- 11000 and Q3- 15000 +free 1 year service. Tasks: * What does Heather do? * Investigate unauthorized purchase * Talk with Walter about following university policy * Check with other suppliers on stock availability/lead...
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...Overview Every company is obligated to file income taxes at the end of the year. This often happens when it reports a profit and needs to pay the taxes. There are also some instances when the company reports a loss and pays no tax. A provision on income taxes considers the possibility of both occurring and furthermore impacts the company’s net income calculation. The provision for income tax appears on the company’s final income statement. From there, the company can decide whether or not to pay their taxes all at once or make periodic payments on whatever the amount may be. “What the final income statement does is represents the version that the company will publish and distribute to investors and creditors. When calculating a provision for income tax, companies must consider differences between financial and tax accounting.” (The Motley Fool 2013) Basic Process of Completing a Provision: According to, Thomson Reuters, the following steps are used in making sure that the provision is done as accurately as possible. It appears as though this is the best way of having the provisions be more transparent as to the information being stated. (Thomson Reuters 2013) 1. Management Interview Form—ensures provision is completed with respect to consideration of all relevant information. 2. Standard Tax Information Reporting—ensures that the Tax Manager has information necessary to complete the provision. 3. Tax Contingency Reserve Analysis—ensures compliance with FASB...
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...Retrospective Healthcare Policy Analysis: Oregon’s Death with Dignity Act Professional Policy Analyst from the Normative Policy Analyses Approach Retrospective Healthcare Policy Analysis: Oregon’s Death with Dignity Act Oregon’s Death with Dignity Act was the legislated response to a highly controversial health policy debate regarding patients’ rights – specifically whether or not a patient has the right to die if they choose to do so (Altmann & Collins, 2007). While euthanasia and physician assisted suicide are not new topics, they did receive an increase in public and media attention during the early 1990s. Most notably Dr. Jack Kevorkian, who defied the law and assisted in 130 patient suicides, Dr. Kevorkian’s actions brought about increased media coverage on the topic of physician assisted suicide, which is a contributing factor as to why the Oregon’s Death with Dignity Act was conceived in the first place (Werth JR & Wineberg, 2005). On the one side of the spectrum were advocates of physician assisted suicide who maintained that it was an infringement on patients’ rights to deny them aid in dying, and inhumane to make people suffer when diagnosed with a terminal illness (Merino, 2012). On the other side were critics who concluded that physician assisted suicide was a breach of medical ethics, and morally unacceptable because it devalued human life. Furthermore, these critics found that assisted suicide was not valid because there were alternative solutions, such...
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