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Friday 22 February 2013

Reporting Practices And Ethics Paper

The most basic challenge of stewardship and integrity in wellness business concern is to continue the

organizations core mission of healing patients and communities. 1 of the greatest dangers

faced in health care today, in particular as agencies struggle to survive in the most agonistical

market environment is to centralize on the fiscal demands which whitethorn compromise the mission of the

health care agency. Organizations are in desperate times and reports are imperative for its

continued maintenance.

tally to Gerard Magill and Lawrence Prybil, stated that stewardship and integrity is

an approach that will inspire the honourable decision making process in health care financial

reporting and ethical standards (2004). Crucial is the role organizational ethics will play to regain

the lost assurance and recover the confidence in communities, in the business or the health care

community. Organizations in health care desire to win back the respect of skeptical customers,

disheartened patients, and distrusting communities. and this task can be accomplished properly

yet when organizations and their business practices drop a renewed commitment to ethics

(Magill, 2004).

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According to Richard Clarke on accountability it is critical that these organizations use

standards for wakeless business practices and implement these sections that are within the

capabilities of the organization (Clarke, 2005 p 160). He continues to state that to ensure the

right direction and to turn out conflicts of interest; attention must be the main focus (Clarke,

2005). To justify his reasoning the effectiveness of transparency and accountability motility must

be the focus of proper documentation and scrutiny of internal controls.

Reporting Practices and Ethics Paper 2

Businesses will have to evaluate the systems that will suit their needs like maintaining a

constant cash flow for their business. This is an important for so umpteen reasons like in...If you want to get a full essay, guild it on our website: Ordercustompaper.com



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