Irrational Ratios 1 of 5 http://www.journalofaccountancy.com/Issues/2001/Aug/IrrationalRatios... FRAUD The numbers raise a red flag. BY JOSEPH T. WELLS AUGUST 2001 inancial statements tell a story‚” says accounting professor W. Steve Albrecht‚ “and the story should make sense.” If not‚ it’s possible the story is a fake. By standing far enough back from the numbers to get a good picture of the client’s business‚ auditors frequently can detect signs of financial statement frauds
Premium Finance Fraud Generally Accepted Accounting Principles
attention of internal and external healthcare populations. In the 90’s and early 2000’s new studies surface regarding the understaffed units‚ job dissatisfaction‚ and nursing burnouts; and‚ the correlation with the patients’ unforeseen negative outcomes. The general population fueled by the media (that followed the story closely) became fascinated with finding out the conclusion of the studies. As a result of the heightened attention the new practice of measuring indicators is born. In 1996 Maas Johnson
Premium Patient Nursing Hospital
Human Resource Management Role In any health care organization a strong human resource department is critical to ensure the company operates correctly‚ and all employees are working to the best of their abilities. The Human Resource Department’s main objective is to bring out the best in their employees and thus contribute to the success of the Company. There are a number of roles taken on by human resource management including recruitment of employees‚ improvement of compensation packages‚ planning
Premium Human resource management Human resources Recruitment
What were the strengths and weaknesses of the Fed’s operating procedures that were used after October 6‚ 1979? In 1979‚ two factors impacted inflation. The oil shock resulted in prices spiraling out of control. With higher production costs‚ the companies have to maintain profits margins by increasing prices to consumers (inflation). In addition‚ the weakness of the US dollar aggravated inflationary pressures as well. The weak dollars results in rising of the price of imports and reducing the price
Premium Monetary policy Federal Reserve System Central bank
Running Head: NURSING-SENSITIVE INDICATORS Nursing-Sensitive Indicators (my name) Western Governors University 1 NURSING-SENSITIVE INDICATORS 2 Nursing-Sensitive Indicators In 1994 the American Nurses Association began work to demonstrate that the profession of nursing has many unique opportunities in which the practice of nursing may impact patient care (ANA‚ 2014a). This paper analyzes Nursing-Sensitive Indicators (NSI) and how they may have impacted patient care in a scenario involving a
Premium Nursing Nurse Health care
-Nurse Managed Health Clinics (NMHC) emphasize health promotion‚ education and disease prevention. It is a facility which is based in a community and staffed with advanced practice nurses as leaders. It provides primary healthcare services to the community. (Kovner & Walani‚ 2010) -Another module or philosophy
Premium Health care Health economics
INTEPRETATONS OF FINANCIAL RATIOS A. GlaxoSmithKline at a glance. “GlaxoSmithKline (GSK) is a global healthcare company specialized in the discovery‚ development‚ manufacturing and marketing pharmaceutical and consumer health-related products. GSK has operations in about 114 countries‚ with products being sold in over 150 countries”. A. Evaluation of profitability ratios. For the evaluation of the profitability ratio over five-year period we will analyse the financial data
Premium Financial ratios Financial ratio
Home Depot Economic Indicators Two of the economic indicators‚ housing starts and interest rates have a trickle down effect on Home Depot’s business. The current outlook for both of these indicators is still ‚ unfortunately‚ bleak. We are firm believers in Edward Learner’s thesis that "Housing is the Business Cycle". It is still considered the source through which we view the economic cycle. According to a survey by PAA Research‚ the housing market colors every investment idea evaluated and
Premium Real estate Business cycle
Ways to assess the care of loved ones According to the Joint Commission on Accreditation of Healthcare Organizations (JCAHO)‚ the growing shortage of nurses in America ’s hospitals is putting patient lives in danger and requires immediate attention. "The current nursing shortage threatens to heavily impact our citizens ’ health and our nations ’ security preparedness". (Person‚ 2003) The nursing shortage that is sweeping across the United States has been upgraded from a health crisis to a national
Premium Nursing Patient Nurse
2008 Investing activities: a. involve day to day events like selling goods and services‚ which occur when running a business. b. involve the buying or selling of land‚ buildings‚ equipment‚ and other longer-term investments. c. only involve financial exchanges. d. All of these. Accumulated depreciation: a. is an expense account. b. is a liability account. c. is a regular asset account. d. is an asset contra-account. At the end of last year‚ the company’s assets totaled $860‚000 and
Premium Balance sheet Generally Accepted Accounting Principles Revenue