Here is the synopsis of our sample research paper on SOX COMPLIANCE AND TECHNOLOGY AS A LUXURY. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 3-page paper analyzes two articles, one about voluntary Sarbanes-Oxley compliance among non-profit healthcare organizations and the second about technology as a necessity in such organizations. Bibliography lists 2 sources.
Page Count:
3 pages (~225 words per page)
File: AS43_MTsoxluxur.rtf
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Unformatted sample text from the term paper:
not a luxury, but a necessity. The reasons he cites include * Cost savings. Even the most basic technological tools on the market can help health care organizations save costs
through monitoring goals and accurate budgeting. * Setting and meeting goals. Technology tools such as a dashboard helps put an organizations goals and results in timely context, which provides more
input on whats going right and what needs to be changed. * Better monitor labor costs. Technology helps track employee performance by showing how well labor is being managed, relative
to organizational objectives. * Reporting outcomes. This can mean patient outcomes, financial outcomes and so on. Meanwhile, in the area of Sarbanes-Oxley compliance,
authors John Bigalke and Stephen Burrill contend that such compliance will be easier for healthcare organizations for a variety of reasons including * Drop in the costs of compliance. Modified
SOX rules are being considered that support a more streamlined approach for reporting. Furthermore, increased efficiencies, technical systems and software rollouts have also dropped compliance costs. * Better, more flexible,
guidance. The rules are a lot more clear and easier to understand than they were back in 2002, when SOX was signed into law. For example, the SEC suggests principles-based
(rather than rules-based) guidance, based on managements judgment. * Soon to be required? There will be a time during which tax-exempt organizations will be subject to SOX reporting requirements. In
other words, its better to be prepared, and in compliance, while its voluntary and system kinks can be worked out, rather than to do so in a panic, when its
mandated. At first blush, it seems as though these articles are talking about two different things. After all, what does healthcare technology
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