Weyman Z. Wannamaker is the chief financial officer of Cogburn Company. He prides himself on being able to manage the company’s cash resources to minimize interest expense. Consequently, on the second business day of each month, Weyman pays down or draws cash on Cogburn’s revolving line of credit at First National Bank in accordance with his cash requirements forecast. You are the auditor. You find the information on this line of credit in the following table.
In Los Angeles at City of Angels Medical center they were recruiting homeless people off the street to fill there empty beds paying them with cash, drugs , clean beds, showers and 3 warm meals a day in exchange for there using there names and Medicare numbers to charge a wide variety of made up services to Medicare. I’ve watched numerous things on the internet you tube and read articles while I was writing this report. All of them said that Medicare fraud doesn't seem to be a major concern Not even to the fraud line for Medicare. Hundreds of thousands of people try to report fraudulent charges on there Medicare report that they receive in the mail each month some of them being said to have received prosthetic limbs and these patients aren’t even missing any limbs, yet still are having these claims some worth $30,000 to $50,000 put on there
The branch manager instructed Anderson to investigate the matter. Anderson subsequently approached the suspect, who promised to track down and deposit the missing deposits and discuss the missing deposits and go over the books over the weekend. However, Tonya Larsen remained in her office with the door shut the remainder of the day and stayed behind after everyone else had left. The next morning, Anderson arrived to see that Larsen had shredded paper, changed passwords and had gone through patient files. The following Monday, Anderson received a message from Larsen’s lawyer letting her know any questions directed to Larsen would have to go through him.
Every month after billing cycle, a billing report of all expenses of each account is created and delivered to the DT Head office to be analysed, after that, the billing report is separated into the individual invoices where it is sent off to each customer depending on their billing method and delivery method. From here, customers are able to make payments to their bill which gets deducted on the
Employees clock in with an ID-badge system. The Payroll Department then prepares the paychecks for both hourly and salaried employees . The paychecks are sent via overnight delivery on the following Thursdays. The branch offices currently batch all billing da ta by order date and send them daily by overnight delivery to the corporate office a long with other interoffice correspondence. When Information Services / Data Processing receive the packages, it enters the batches and processes them daily.
Each store needs to do their own hiring and firing of employees. Kathy needs to explain to the managers her standards for employees and can check periodically to see if those are met. Each one of the managers should also do it’s own ordering. At the end of the week, all three managers need to come together with their needs that way they can continue to order in bulk to save money. One manager can order for the week and then alternate each week.
Journal: PhDN 315 Financial-Budgeting and Resource Management in Nursing Services, Leticia C. Eslabra RN, MAN Moving into Private Geriatric Nursing Care Management Reaction In this multifaceted and creative role, care managers help people care for their older relatives or loved ones, especially those with chronic needs related to physical problems or dementia. They may be hired to resolve a specific problem or they may provide long-term oversight and become part of the family. Proficient care managers follow the nursing process: assessment, nursing diagnosis, planning, interventions, and evaluation. The care manager can: * monitor the client's condition with visits and telephone calls. * accompany clients to appointments.
Elements of abuse are coming to work late, taking sick leave when not sick, and attending personal business during paid work hours. There is one major difference between fraud and abuse; fraud is intentional deception for personal gain whereas abuse is the improper use of something. For example, Sarah works at Target as a cashier. Everyday Sarah is late to work by two hours, but her supervisor clocks in for her so she is getting paid for two hours she isn’t actually working. After doing this every day for 3 months Sarah has accumulated $11,520 in hours she has not worked.
Describe the procedures the employee needs to take to make adjustments to the wages paid to the employees. For example, if an employee takes an unpaid vacation day, describe how the payroll adjustment is made to deduct the workday wage from the employee’s check. Step 5 List payment schedule. Include a description of the frequency payroll checks are cut (weekly, biweekly or monthly). Step 6 Describe how to print checks or submit payroll information to the payroll servicer.
2006-2010 Bethel Towers Apartment Homes Atlanta, GA Personnel duties – Provided administrative and operational support activities for all departments, such as answering phones and filter calls to the appropriate department and/or person. Updating the global address book, keeping track of sick time, flex hours, and vacation on the electronic time sheets, filtering of office requests, scheduling appointments, confirming appointments, keeping up with all personnel calendars by viewing their schedules on a daily basis. Greeting visitors and making sure they are directed to the appropriate personnel. 2004-2007 Stay Paid Records and Production Stone Mountain, GA Office Assistant Maintain financial records, set