Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

COSO's Internal Control Integrated Framework Due: Mon Jul 2 9 , 2 0 2 4 9 : 0 0 amDue: Mon Jul 2 9 ,

COSO's Internal Control Integrated Framework
Due: Mon Jul 29,20249:00amDue: Mon Jul 29,20249:00am
Ungraded, 150 Possible Points
150 Points Possible
Attempt
Attempt 1
In Progress
NEXT UP: Submit Assignment
3 Attempts Allowed
Available after Jul 8,202412:00amAvailable after Jul 8,202412:00am
Overview
For this assignment, pick a health care organization of your choice. It could be a hospital, large clinic, or care facility.
Read these articles before you begin the assignment:
The COSO Framework in Emerging Technology Environments: An Effective In-Class Exercise on Internal Control. Journal of Emerging Technologies in Accounting.
COSO Internal Control - Integrated Framework: An Implementation Guide for the Healthcare Provider IndustryLinks to an external site..
Instructions
Write a 4-5-page paper in which you:
Identify at least three of the five different 2013 framework elements that focus on internal control. Make sure that elements connected are related to financial reporting of the organization. Provide your rationale on the reasoning that the selected elements are tied to the financial reporting process in the organization. These are located in Chapter 3 in your textbook.
Design a method in AIS where it can be integrated in the health care industry that will improve the efficiency of its operations.
Design a method in AIS where it can be integrated in the health care industry that will improve the communication of the chosen health care organization.
Draft a one-page recommendation at the end of the document directed to the CEO explaining the findings, recommendations, and benefits of installing an accounting information system. Make sure you are specific in your recommendations.
Use at least 3 quality resources in this assignment. Note: Wikipedia and similar websites do not qualify as quality resources.
This course requires the use of Strayer Writing Standards (SWS). The library is your home for SWS assistance, including citations and formatting. Please refer to the Library site for all supports. Check with your professor for any additional instructions.
The specific course learning outcome associated with this assignment is:
Establish the proper control environment to oversee and control processes using an accounting information system.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals Of Cost Accounting

Authors: Michael W Maher, William N. Lanen, Madhav V. Rajan

1st Edition

0073018376, 978-0073018379

More Books

Students also viewed these Accounting questions

Question

What do you think Katsoudas means by the phrase one size fits one?

Answered: 1 week ago

Question

How do you think GM should handle this decision and why?

Answered: 1 week ago