...reporting pratice and ethics paper hcs405 Reporting Practices and Ethics Paper By Ben Parks Introduction Every successful business has considered a role in reporting practices and ethics to be a significant part to their success. For many companies it can be a difficult burden when faced with the ethical compliance and accuracy for financial management. In this paper we can discuss the basic elements of financial management reporting practices and ethical standards in a health care world that is reforming as we speak. With great amount of changes will comes accountability to everyone inner and outer of the organization. This subject will explain the elements of financial management, general financial ethical standards, and will oversee some corporate scandals involving ethics, fraud, and abuse. The way an organization correlates, organizes, and prepares the reports for its financial information is part of its financial practices that it adheres too in order to accomplish the goals for its ethical standards. Today’s health care plans play a very important role in financial management. A company would be unable to operate without proper financial planning. The importance of storing and tracking all accounting records while being up to date will be the main factor as to whether the guidelines are being followed. This also allows the outer management to determine how the company is doing as a whole and also be aware as to where most of the funding is going. With new...
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...allowed the class members to accurately record all the hours they worked. ( Failed to pay the wages for the hours workedin excess of 8 hours per day and 40 hours in a workweek. ( Failed to provide the itemized wages statement ( Failed to tender full payment and/or restitution of wages owed to the employees without valid justification or utility Moreover, Raytheon continued to act intentionnaly, oppressly and maliciously toward plaintiff and class members. At the end, the plaintiff and class members are suffered and will continue to suffer irreparable harms. Due to this points, Raytheon’s action are unfair and lawful business praticess because they deprived them of unvalable rights and benefits guaranteed by law and contract. Also this pratices were deceptives, immorale, unethical, oppresive, unscrupulous, and farudulent and they acted in an illegal attempt to avoid payment of earned wages, overtime compensation and other benefits. 2. Is it right ? Raytheon acted illegaly and gain from their action. It allows them to make profit and gain in comparaison with other companies. ( Because the companie worked against the people employed as a non-union.Moreover, Raytheon cheated them because instructed the class member not torecord hours worked in excess, in order to avoid paying premium wages ( Also the company behavied in an unfair competition way. ( From an ethical point of view, breaking the law, the company didn’t assume its owns reponsabilities toward the society and...
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...beings. But this would not include all religions for some religions have a belief in the way of living vice beliefs. Religion could perhaps be best defined as man’s attempt to achieve the highest possible good by adjusting his life according to a higher cause. The majority of the western hemisphere practice Christianity but there are other prominent denominations that are included in the make-up of the United States. Every religion includes ethics, or codes of conduct. But religion is more than codes of conduct. Religion asks us to parallel our own life in accordance with our belief, of what our superior would agree with. Religion is so powerful that many nations have fought one another in defense of their religion. From the beginning of time religion has been part of mankind. Religion traditions In all religions that the belief of the forces that surrounds it becomes part of our daily lives. These forces are called deity. Deity are pratices we submit ourselves to in order to meet the requirements’ of our beliefs. Some religions practice fasting as part of their belief while other practice sacrifice while other maybe observed through ceremonies and observances. All are rituals or a form of worship for the supreme being or spirit. Worship Worshiping...
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...Over the past decades a fundamental change has been occuring in the world economy especially China’s economic growth has been notable among the countries. In terms of China’s massive demand for resources and the strength of Chinese exports, Australia could be beneficial. As a result, the business relationship between Australia and China has been consolidated during these trading years. China is the second largest export market after Japan and third largest trading partner for Australia. Alternatively Australia is the ninth largest trading partner for China, thus the bilateral trade volume is increased annually in the growth rate of 30 percent (Moens.G,2007,p.56). Rio Tinto is the one, powerful multinational mining and metal company which is operated business to greatly import its porducts to China as the 19 percentage of company’s revenue is acquired from China market in 2008 (Chen, S. 2010). After Rio was declined an offer of $US20 billion from the state owned Chinalco, the arrest and sentence of Stern Hu and his colleagues in 2009 was occured for allegations of bribery about $US14 million and stealing business secrets from state-run steel company. Consequently the China Iron and Steel Association reflected by the action of stop buying iron ore for the next two months from Brazil’s Vale, BHP Billiton and Rio Tinto (Mascitelli&Chung, 2011). As a result the trade relationship between Australian and China is collapsed in some way that Foreign Minister Stephen Smith said transparency...
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...PROFESSIONAL/ PRATICE Akiva and Tara are equal partners in the business. Akiva and Tara are both have the same education and experiential requirements to start the birth clinic. Akiva’s and Tara’s name will be on the loan. Both are brining the same things to the table like education, experience, money and desire to own their own business. Akiva and Tara are entering into a general partnership with each other. They will have equal control and voting right with the business. The money earned from the business will be represented on their individual personal income tax returns. Within a general partnership each partner is responsible for liabilities jointly of the contract and debts of each partnership. This is important because each person in a partnership can be sued by a plaintiff if the plaintiff names each partner in the suit. The partners can be sued equally if this happens. If the plaintiff does not name all the partners in the suit then just the partner that is named will be sued. If any partner does not pay their part of a loss then the remanding partner may seek indemnification from him or her. Went a new partner joins a partnership the exiting debts and obligations of the partnership are liable only to the extent of his or her capital contribution. But when an incoming partner joins a partnership the partner is personally liable for debts and obligations incurred by the partnership after they have became partners. The Civil right Act of 1964 is laws that businesses...
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...Personal Worldview & Business Ethics Paper Liberty University BMAL 560 January 25, 2015 STEP 1 To what extent should personal religious beliefs impact our decisions about business ethics? Personal religious beliefs should impact all decisions about business ethics. If your beliefs are truly mandated in your life, then you have no choice but to be fair and honest about your business decisions. Business decisions can sometimes be difficult and harsh, but that is no reason to comprise the integrity of what you believe in. In 2012, Summers & Summers concluded that from the “Christian worldview”, God is the source and creator of all things. This means that God has provided all the resources we need in order for those needs to be satisfied. Our task is to use these resources properly. (pp. 30). Psalms 24:1 tells us “The earth is the Lord’s and everything in it, the world, and all who live in it; for he founded it upon the seas and established it upon the waters” (NIV). To what extent do your personal religious (or non-religious) beliefs about life impact your sense of business ethics and personal decision-making? The extent of my owm personal religious beliefs about life impacted my sense of business ethics and personal decicion-making. As a new Revenue Agent for the Internal Revenue Service, my on-the-job trainer told me to always assume the taxpayer was a liar. I was not able to do that. I always let the records speak for themselves and I counted on my good...
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...AMERICAN INTERNATIONAL GROUP(AIG) COMPANY BACKGROUND AIG was started as a general insurance company by Cornelius Vanderr Starr in 1919 in Shanghai, China and begin a life insurance operation in 1921. AIG expand their business in mainland China by opening branches in Hong Kong, Vietnam and Philippines in 1925 and open the first office in New York in 1926. The organization spread their firm to Latin America in 1930-1939. During the world war 2, the business were suspended. Right after World War 2, they began in new market around the globe including Japan and Germany, soon after World War 2, they open American International Underwriters offices to provide insurance for the US military in 1946. In 1948 they continue to spread even more to France and Singapore. In 1950-1959, they invest in insurer Globe and Rutgers Insurance Group, expand the company’s domestic market presence. They expand to UK, Lebanon, South Korea and Australia. Worldwide personal accident and health division were established in 1961 and began to write Directors and Officers liability insurance coverage and becoming a leading provider in 1966. AIG were chosen to be incorporates in Delaware in 1967 and informed as the best insurance organization and began a new era as a public company in 1969. AIG enters Sweden, Egypt, Hungary, Poland and Romania in 1973-1978 and introduces new energy, transportation and entertainment products to serve the needs of the customer in 1979. In 1980, A pollution liability program...
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...The Plain People LaNise L. Heath ANT 101 Introduction to Cultural Anthropology Professor Rachel Grabner October 15, 2012 The Plain People The mere mention of the Amish people brings about intrigue, wonder, and the nostalgia of days gone by. The Amish are a religious group that split from the Mennonites, an Anabaptist group that was severely persecuted in Europe. These people came to America and Canada during the Protestant Reformation. The Amish were founded by a Swiss Anabaptist leader, Jacob Amman. The Amish in 1693 split from the Mennonites because they believed in a much stricter allegiance to the total shunning of banished church members (Encyclopedia of Medical Anthropology: Health and Illness in the World’s Cultures, 2004). As time has gone on the ways of the Amish people has continued to cause them to stand out. Some of the ways that they vary from the world around them are the plainness of clothing; religious beliefs, farming techniques, transportation choice of horse and buggy, education, and the lack of use of modern conveniences make this group stand out now and in the past (Crowley, 1978, pp. 249-264). The Amish are primarily an agricultural society who is ruled by church districts that make the decisions on what changes will be made in that districts way of life. By looking at the Amish way of life we will discuss gender relations, beliefs and values, and their social organization and see how these areas are impacted by their agricultural...
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...Strategic leadership capabilities Hitt et al. (1998) and Ireland and Hitt (1999) described the capabilities needed for effective strategic leadership in the new competitive landscape expected for the 21st century. They argued that effective strategic leaders had to: (1) develop and communicate a vision, (2) build dynamic core competencies, (3) emphasize and effectively use human capital, (4) invest in the development of new technologies, (5) engage in valuable strategies, (6) build and maintain an effective organizational culture, (7) develop and implement balanced controls, and (8) engage in ethical pratices. 4.1. Develop and communicate a vision First, strategic leaders–—hopefully in concert with others in the organization–—must develop a vision and communicate that vision broadly, to help guide the formation and implementation of strategies to achieve that vision. This form of guidance is important to establish the direction of the organization for its growth, types of products, and market focus, and to achieve the desired targets. Without the guidance provided by a vision, organizations can become chaotic and are unlikely to be as successful. 4.2. Build dynamic core competencies A core competence is a major capability to perform important tasks (e.g., a function) quite well, and makes a valuable contribution to a firm’s competitive advantage. A dynamic core competence implies that the firm continues to develop and update the competence to be the leader...
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...This paper will discuss the effects of abortion on the women who have this procedure. For many cultures abortion is a horrible act. It is considered murder of an unborn human being. In today`s society many people still consider abortion to be an unethical practice and dangerous procedure. It is a typical conflict theory argument of social problems in today’s society. It is a conflict in society because it comes down to peoples ethical and religious stand point that is what makes up the conflict. Ethical is either it right because the fetus is in the women’s body and its her choice to choose if she wants to be a mom or not. The other side of the ethics argument czn stem from religious as well it is a life and murdering an unborn baby is wrong. There are two groups of people who fight to sway the law makers to their side the pro abortionist group and the antiabortion group (Henslin, J. M. 2011). These are commonly known as the prolife and prochoice groups. Many people though when you use these terms don’t take the group seriously they considered these people radicals. There are protesters who believe they are standing up for the unborn by murdering abortion doctors and burning down abortion clinics. The vigil-anti`s think this is justifiable due to the fact that abortion doctors are taking innocent lives and without the clinic there would be no place to have an abortion. The pro-choice group believes that abortion...
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...distilling capacity of 6.3 million barrels of oil per day. It also has 42,000 service stations in more than 100 countries under the brand names Exxon, Esso and Mobil. The corporation has regained the No. 1 rank, in the fortune magazine, of the largest U.S. companies, dethroning Wal-Mart, the retail giant, with a turnover of 453 billion dollars. We are going to perform an Ethical Review of Exxon Mobil. As a first step, it is important to say that when it comes to ethics and oil industry everything already seems lost in advance. Since long the image of this industry is marred by various environmental disasters (oil spill on the coasts etc…) and many business problems that suggest that oil companies have blood on their hands. Following these disturbing facts it now seems essential for Oil businesses to regain a public image for stakeholders & all others. Indeed, a lot of these events have significantly harmed the Oil Industry. We will therefore study Exxon Mobile’s ethics based on its history, its ethics policy, its corporate board & key executives and finally through its ethical practice. 1) Corporate history Exxon Mobil is en American major actor of the Oil Industry. It is born in 1999 from the merger of two giants: Exxon Corporation & Mobil Oil. The two companies at the origin of the merger are both descendants of one of the most historically famous Oil company Standard Oil founded by John D. Rockefeller. Indeed, following mediatized events of the company’s...
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...NMHD 5003 Practice & Pharmacological Issues in Mental Health Nursing By Neil Drummond Essay 3048 words Care Plan 1676 words Overall wordage 7186 The aim of this essay is to show how I have formed, maintained and disengaged from a therapeutic relationship within a practice setting. This will include a profile of the client from their perspective. For the purpose of this essay, the therapeutic relationship was formed within the community mental health team. Their role is the primary intervention service promoting awareness, growth and helping people to work through difficulties (Mind.org, 2013). The interventions provided aim to facilitate comfort, support and a provision of care. The client I have chosen to write this essay on is called Angelo. Angelo is a fictitious name created to protect the individual’s right to confidentiality (NHS, 2012, N.M.C, 2008). The interaction was conducted because of a 6 month cognitive enhancer medication (galantamine) review. I will show an understanding of the importance of a therapeutic relationship building and the values that influence the formulation of mental health nursing assessment and care planning (Schultz and Videbeck, 2009). Appendix 1 will show the plan of management including risk and relapse. Appendix 2 will show the individualised Risk Assessment (profile). In my conclusion I will reflect upon my therapeutic encounter and will address the importance of knowledge and qualities needed to form, maintain and disengage...
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...| | | Direct and indirect effects of transformational leadership on innovative behavior | | | | | | Table of Contents Abstract 3 Introduction 4 Theoretical framework 8 Leadership and innovative behavior 8 Transformational leadership and innovative behavior 9 The mediating role of affective commitment between transformational leadership and innovative behavior 11 The mediating role of innovative climate between transformational leadership and innovative behavior 15 The moderating role of affective commitment between transformational leadership and employees’ innovative behavior 18 The moderating role of innovative climate between transformational leadership and employees’ innovative behavior 19 Methods 20 Participants and Procedure 20 Measures 22 Data analysis 24 Results 25 Descriptive statistics and scales 25 Correlation analysis 26 Testing hypothesis 27 Discussion 29 Limitations and recommendations 33 Directions for future research 35 Practical implications 36 References 37 Appendix 42 Tables……………………………………………………………………………………………………………………………………………42 Figures. 45 Company report 46 Abstract This study aims at investigating how transformational leaders directly and indirectly (via affective commitment to the organization, the career, the leader, and the team and innovative climate) affect employees’ innovative behavior. The hypotheses are tested by applying quantitative analyses to data collected from 39 employees of a...
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...EFFECT OF MERGER ACQUISITION ON FIRM’S PERFORMANCE BY AYODELE EYITOPE A. DARAMOLA OPEMIPO O. FALUSI OLANIYI JANUARY 2001 ABSTRACT The world is changing. Economy being a Dynamic phenomenon is changing it. Gone are the days when the Nigerian economy is described as underdeveloped. We are not saying that our economy ranks in pari-passu with that of Western Europe. However, we are so far away from where we started as a nation. Hence the Nigerian economy have being attaining a measure of relative sophistication over the years. This is evident in the recent development in the Nigerian financial system. The hitherto esteemed financial practices which are assumed to be the exclusive practices of developed Western Eutopean economies continue to assure prominence in Nigeria. Nay, in all the developing countries. These financial practices manifest themselves in the area of corporate finance. Such practices among others are leasing, loan – sydication and merger – acquisition which is the focus of this study. Merger – acquisition has been defined in many ways ostensibly to bring to light its legal and literal meaning. It will suffice however, to define merger acquisition as a combination of two or more existing companies. Such combination of companies take different forms. Various reasons and theories have been advanced to be the moving focus behind merger execution. The main focus of...
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...WHO/IVB/05.24 ORIGINAL: ENGLISH V A WHO guide to good manufacturing pratice (GMP) requirements Part 3: Training Immunization, Vaccines and Biologicals WHO/IVB/05.24 ORIGINAL: ENGLISH V A WHO guide to good manufacturing pratice (GMP) requirements Part 3: Training Immunization, Vaccines and Biologicals The Department of Immunization, Vaccines and Biologicals thanks the donors whose unspecified financial support has made the production of this document possible. This document was produced by the Access to Technologies Team of the Department of Immunization, Vaccines and Biologicals Ordering code: WHO/IVB/05.24 Printed: April 2006 This publication is available on the Internet at: www.who.int/vaccines-documents/ Copies may be requested from: World Health Organization Department of Immunization, Vaccines and Biologicals CH-1211 Geneva 27, Switzerland • Fax: + 41 22 791 4227 • Email: vaccines@who.int • © World Health Organization 2006 All rights reserved. Publications of the World Health Organization can be obtained from WHO Press, World Health Organization, 20 Avenue Appia, 1211 Geneva 27, Switzerland (tel: +41 22 791 3264; fax: +41 22 791 4857; email: bookorders@who.int). Requests for permission to reproduce or translate WHO publications – whether for sale or for noncommercial distribution – should be addressed to WHO Press, at the above address (fax: +41 22 791 4806; email: permissions@who.int). The designations employed...
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