Reporting Practices and morals make-up Reporting Practices and Ethics Paper Tricia L. Bond HCS405 June 13, 2011 University of Phoenix Reporting Practices and Ethics Paper. Financial trouble is important in all told the calve for health c ar financial planning. Many financial decisions be make on a day to day bum from all the accounting records and all the business transactions which occur. to a great extent or less are the decisions made fit in to the government activitys fiscal objectives although some are made on generally accepted accounting principles. diverse sources refer to elements or principles of financial management and some sources deal up to 10 principles. Baker (2011) identifies four elements important to health care organizations coverage practices. Planning Financial passenger vehicles must know the short-run and long-term objectives of their organizations to create plans for meeting those objectives. One must define the objectives a nd identify the steps necessary for reaching those objectives. Planning is more than the upper management of an organization deciding what it wants to accomplish. Effective planners have got strategies when planning and seek the input of everyone involved in the process, and list everyone supports the plans and understands their roles in executing the plans. (Baker, J. J.
and Baker, R. W., 2011, p.5) Controlling In controlling the pay the manager will make sure that every procedure of the organization is following the strategy of the corporation and all of the entropy has been established. In order to do this the man ager will debate to theme the current rep! orts and compare the reports with the earlier reports from prior periods. In this par the study will show where the organization may need to change because in said area are non being affective. This reference of the report is called feedback, and the purpose of the controlling this part is that it will ensure the plans are being followed. (Baker, J. J. and Baker, R. W., 2011,...If you want to hem in a full essay, order it on our website: OrderCustomPaper.com
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