Identify the GAAP used to create the financial plan, and provide one Assignment

Identify the GAAP used to create the financial plan, and provide one recommendation for Patton-Fuller Community Hospital based on their 2009 budget statement for improving - Assignment Example A financial plan is a succession of steps or objectives set by businesses or individuals to describe a progressive or cumulative attainment of a certain financial accomplishment (Lucy, 1999). These financial objectives and forecast are aimed at improving the financial position of the individual or organization through acquisition of new assets or elimination of debt. Various GAAP are instrumental in the preparation of GAAP. Principle of continuity- The principle of continuity assumes that the business or financial activities of an individual are continuous (Hirschey, 2009). This principle eliminates complexities that may be associated with discontinuity. Principle of periodicity- The principle of periodicity allows each accounting entry to be split according to periods. The principle also allows accountants to utilize the cyclic nature of business occurrences. Patton – Fuller community hospital has continuously provided quality medical services to people living in Kelsey and the immediate environment since 1975 (Apollo Group, 2006). To maintain its standards of operation, the hospital needs to have an economically viable financial plan. According to the 2009 budget plan, there is lack of consistency and continuity of the financial projections of the hospital. To maintain its position, the hospital needs to balance its organization and institutional roles. Financial accountants assume that a business will remain in operation within the forthcoming business period, when preparing its financial statements. On the other hand, the financial statements should indicate whether the business is likely to close down. In the 2009 financial budget, Patton – Fuller Hospital’s auditor did not evaluate the sustainability of the business in the near future. In this case, the auditor did not evaluate the hospitals

Determining Best Practices of Effective School Communication Dissertation

Determining Best Practices of Effective School Communication - Dissertation Example As the purpose of the study is to research highly dependable communicative means to be used by schools, it is also the aim of this study to validate that motivation of the parents help school-going students to perform better. The introduction to the topic includes a background to the research topic of determining best practices of effective school communication, the problem statement, the purpose statement, research questions, theoretical framework, nature of the research, scope of the research, its assumptions, limitations and delimitations, besides the importance of the research work in the context of its implications for social change, ending in the summary of the introduction. Research Theory and Research Strategy Methodology for the research is theory based, totally depending on qualitative research method for the analysis of the conducted research. A qualitative research needs to comprehend processes, happenings, and connections between them from social and cultural perspective s. Qualitative research demands no numerical calculations to prove the facts, as it is based on direct information availing from people and social communities in favorable surroundings (Sociology, 2003). As my research is based on similar tenets of interviewing parents on how communication level with school teachers can be enhanced and find out the causes of their inactivity in participation, the qualitative research method is the right choice. My research strategy will be segregated into three phases, first is the introductory phase, which will be followed by the second phase, the main event, after which validation, the third phase will take off. In the first phase the concept of effective school communication with given objectives of the research will be marked for piloting. The distinct aspect of qualitative research is that it helps in explaining the topic and understanding the issues in natural settings on the basis of the experiences, beliefs, and thinking of all participants (Sociology, 2003). The interview of participating parents in the first stage will help in briefing the parents the purpose of the interview in the informal way. The second phase will touch all the research questions deeply, to elicit participants’ opinions on each one of all the five research questions. As the research design of my methodology is observer-participant, the data description will state the behavior, reaction, and practices of the parents. Parents’ answers will be analyzed to get relevant inputs (Sociology, 2003). My role of observing the parents will be very significant here, to correctly state their views and experiences. I need to be friendly enough with the participating parents to create the perfect setting where they express their anguish or appreciation of the school administration without any inhibitions. Further, my qualitative phenomenological research will help in discussing the singular critical question, as experienced by various participants. The phenomenological methodology research strategy will assist me in understanding the parents’ perspectives, as observed from their angle. There are other methodological roots, as symbolic inter-action and ethnography, employed in qualitative field research but phenomenological