ACCT 310 Auditing Audit Assignment 2 Audit Risk and Materiality (Submission: By 11 April 2012, Wednesday) Messier’s Chapter 3: Question 3-16 (30%) Question 3-19 (70%) Question 3-16 Assume that you are the new audit senior on the LV Drug Corporation (LVD) engagement. LVD is a pharmaceutical company that has three successful drugs and a number of drugs in progress in its research and development pipeline. You are considering detection risk at the financial statement level and it is important to identify the inherent risks and control risks that LVD has and how they relate to audit risk. Required: For each of the following factors, indicate whether it is an inherent risk or a control risk factor, and its effect on detection risk. In answering this question, assume that each factor is independent of the others.
Trinity Hospitals five year plan includes development of an orthopedic center, cardiovascular center and a cancer center. Task four asks for an assessment of the viability of one of these service lines. By assuming the role of the hospital CEO, I will evaluate the orthopedic center service line and present the findings to the board of directors for their approval. Demand for Orthopedic Service Line As identified in the Trinity Community Hospital’s Community Needs Assessment, the demand for orthopedic services in the area is expected to increase by 46% in the next five years. Inpatient joint and spine procedure are projected to increase by 30% and outpatient joint and spine procedures are expected to increase by 350%.
Task 1—Accreditation Audit Evidence of Standards Compliance Assessment Code: AFT 2—Task 1 Kerri Laughlin WGU-429495 January 8, 2015 Mentor: Michelle Caldwell Nightingale Community Hospital Executive Summary With the upcoming survey by The Joint Commission (TJC) within the next 13 months, four areas of primary focus are recognized: Information Management, Medication Management, Communication, and Infection Control. In this document, the focus will cover the compliance status, plan for compliance and justification for Communication within Nightingale Community Hospital (NCH). An internal audit has been performed in order to take an in-depth look at our preparedness for our upcoming TJC survey. A. Compliance Status
HIM435 Full Class All DQs Assignments Click Link Below To Buy: http://hwcampus.com/shop/6736/ Management of Health Information Function and Services him435 week 1 discussion dq & dq 2 him435 week 1 dq 1 Six Major Challenges Facing the U.S. Healthcare System Today (graded) Your text identifies six major challenges that face the American healthcare system today: quality and safety, access and coverage, growth of heathcare costs, healthy behaviors, public health services, and the coordination and accountability of healthcare services. Discuss the current state of each of these challenges and what improvements are needed. How will these improvements impact the future of American healthcare? him435 week 1 dq 2
MEMORANDUM TO: SENATOR SULL I. VAN FROM: LOC LUU SUBJECT: ALTERNATIVE SOLUTIONS TO OVERPRESCRIBING ADHD MEDS DATE: March 7, 2011 ____________________________________________________________ __________________ Thank you for taking your time to read my last two memos that I have sent in regards to the issue of overprescribing ADHD medication. Furthermore, in this memo I would like to propose three alternative solutions to it. The first alternative would be implementing a set of standard step therapy to diagnose a patient relates to ADHD symptoms. Secondly, the government needs to set a limitation on how patients can get a hold of the medication.
Are there specific quantifiable characteristics of the product or the product’s market that can be used to measure the project’s risk? The key sources of risk for RenaGel and the JV involve completing the successful test trails and gaining FDA approval. For a product in stage III testing, there is a 65% chance it will pass the remaining tests, received FDA approval, and make it to market. An extra element of risk for the project is the timeframe it will take the FDA to approve the drug, with a 70% chance the drug would be approved in 1 year, 20% chance in two years, and 10% chance in 3 years. Other elements of risk include competition from other products in development.
Noncompliance, due to the several steps and time pressure, and variation in the manual method is believed to be at fault. It was decided to trial the use of SwabKit® in early 2010 on the critical care units, medical-surgical units, and step down units. They used the caps on central venous catheters (CVCs), peripherally inserted central catheters (PICCs), and peripheral intravenous (PIVs). The trial was successful, so they decided to implement use of the kits hospital wide in July 2011. After a two month adjustment period, the hospital began to record data on the use of SwabKit®.
There are some common situations that I have the chance to experiences when dispensing prescription for controlled II drug. When the pharmacy does not have enough of the medication on hand to fill the prescription, the pharmacy will has 72 hours to dispense the remaining quantity. The pharmacist needs to document on the front of the prescription the quantity dispensed. If the pharmacy cannot dispense the remaining quantity within 72 hours, the pharmacist must notify the prescriber otherwise after 72 hours, the pharmacy can’t dispense any from the
Before starting a patient on warfarin, assess the patient’s baseline coagulation status; for all patients receiving warfarin therapy, use a current International Normalized Ratio (INR) to adjust this therapy. The baseline status and current INR are documented in the medical record. 2. Use authoritative resources to manage potential food and drug interactions for patients receiving warfarin 3. A written policy addresses baseline and ongoing laboratory tests that are required for
Our government has been making amendments for organ donation since 1968, when they addressed their first amendment for organ donation stating, “1968—The Uniform Anatomical Gift Act (UAGA), A model statute, intended for adoption in every jurisdiction. This law provided the legal foundation upon which human organs and tissues can be donated for transplantation by execution of a document of gift. Deemed a person's legal consent to donate before death sufficient under the law (without an indication that the consent was no longer valid)”(Selected statutory and regulatory history). The government has worked to improve their organ donation numbers to help their those in need. All in all, the American government has tried to