Paper Related To Health Care Policy And To Determine Its Effectiveness - 550 Words

Paper Related To Health Care Policy And To Determine Its Effectiveness (Other (Not Listed) Sample) Content: In todays dynamic healthcare environment, healthcare systems require a frequent tune-up and a proactive attitude by the stakeholders. In light of this, the Agency for Healthcare Quality and Research (a United States of America government agency) funded Abt Associates and its partners to conduct research on how to configure and pay for the workforce that needed to deliver fully comprehensive, high quality primary care across the US population. As a result, a White Paper titled Redefining Primary Care for the 21st Century was produced. The paper sets out to evaluate the changes in primary care structure and the processes themselves in order to consider workforce and team configurations. According to the paper, primary care is central to health reform, both for patients and for health systems. The paper emphasizes that patient centeredness is a core component of quality care. However, to provide this the stakeholders have to grapple with such hindrances as language and c ultural discordance between patients and service providers. In the papers view, a high quality primary care practice must meet the consensus definition of primary care... and be able to meet the triple aim.The Agency for Healthcare Quality and Research produced this paper through Abt Associates. The primary purpose of the paper is to set out ways through which primary care can be enabled to re-imagine high-quality and comprehensive care for the 21st century.For starters, this paper is not only an important but a very timely document which, if properly treated, will revolutionise primary healthcare. The paper declares that as the health system increasingly becomes specialised and becomes expensive, primary care has the opportunity and mandate to re-imagine high-quality, comprehensive care for the 21st century. By recommending new ways of using core and extended care team members to offer more comprehensive and higher-quality care for patients, the paper aims to advance the healthcare system so that it can take care of an aged population which is experiencing the growing prevalence and complexity of chronic illness. In emphasising patient centeredness, the paper seeks to encourage practices to build capacity and develop the competencies to imp...

Describe Principles And Nature Of Accounting Treatment - 1100 Words

Principles and Nature of Accounting Treatment under (Revised) IFRS 3 and (Revised) IAS27 (Essay Sample) Content: Students NameInstructors NameCourse TitleDateIntroductionsThe revised IAS27 and IFRS 3 are the revised standards that were applied first to the annual stages that began on or later in the 1st of July 2009 and they form a crucial section of the IFRS Mark II. These two revised standards are said to have resulted from IASBs Phase II of the business combination that was run with FASB of US as part of AISB-FASB convergence package. In addition, these standards introduced changes by introducing further volatility in income statements; transaction costs, variations in settlement of the pre-existing contracts, value of the contingent consideration, share-based payments as well as same items would largely be explained separately from the business combinations (So and Smith, 170). Further, they introduced change focusing on variations in control as important economic even by introducing needs to premeasure interests to the fair value on losing or gaining control as well as reco gnizing all the transactions between the non-controlling and controlling shareholders while control is usually retained, straight in the equity. With these considerations, this paper aims to present a discussion of the major principles and nature of accounting treatment of the given case plans under the revised IAS 27 and IFRS 3.Principles and Nature of Accounting Treatment under (Revised) IFRS 3 and (Revised) IAS27To start with, the revised IFRS 3 deals with Business Combinations; that is, the acquisition of numerous businesses via acquisition, mergers or same transactions (Paananen and Lin, 33). On the other hand, the revised IAS 27 that comprises of Separate and consolidated financial statements usually deals with the accounting for the ownership interests in the subsidiaries and with how to treat the interests in the jointly-controlled as well as companions interests in distinct financial statement of investors. In the given case plans, goodwill would be treated or measured as f ollows under revised IAS 27 and IFRS 3; first, more emphasis would be placed on the fair value of the goodwill, but free choice on how to evaluate the non-controlling interests, permitting the non-controlling interest to be evaluated either by excluding or including goodwill. This measurement option helps in providing flexibility in such a case, especially in the post-combination variations in control (Paananen and Lin, 40). Further, under the revised IAS 27 as well as revised IFRS 3, the previous ownership interests would be assessed or accounted at fair value during which the control of ownership was obtained. This would results in recognition of some gains in income statement during the time of business combination. In addition, as per the case plans, contingent considerations would be assessed at the fair value within business combination period. Here the subsequent variations in value would be highly recognized in the profit and loss account statement. Under these revised stan dards, the acquisition related costs under this case plans would be accounted for separately from business combination and is then expensed, unless it is links or associated to equity or debt securities (So and Smith, 180). These expenses or costs would include the non-recoverable GST and stamp duty. Furthermore, under these two revised standards, the pre-existing relationships between the parties would have to be accounted for separately which would in turn result in recognition of loss or gains in the profit and loss account statement. Here, there would be introduction of volatility in income statement and all the reacquired rights would be amortized in the post-acquisition profits (Capkun, Collins, and Jeanjean, 20). In essence, under the revised standards, there would be new rules for determining amount considered in recognition of the goodwill as well as amount recognized in the post-combination loss and profit. Here, a careful planning would be needed where such arrangements w ould be implemented in minimizing the post-combination expense recognition. In addition, under these revised standards, intangible assets should be measured and recognized where a higher valuation costs is more likely. Basically, under these revised standards would only allow considerations transferred for acquire, alongside with asset acquired as well as liabilities incurred during the exchange for acquire being accounted for in initial accounting for business combination utilizing acquisition technique (Tohmatsu, 10). Nonetheless, other transactions would be accounted for distinctly from business combination based on relevant IFRS and not taking into consideration in measurement of the goodwill. Further, under the new revised standards, only assets, income statement and liabilities are affected where the control is lost or obtained whereas other transactions are considered as equity transactions. This would help in providing an opportunity in partially evading any goodwill recogni tion in numerous cases. Under revised IFRS 3 as well as the revised IAS 27, both of these standards require fair value of the acquired liabilities and assets being measured at acquisition date. Further, in measuring goodwill under these revised standards, any previous interest that was held are remeasured at the fair value with gain recognized in loss or profit (So and Smith, 187). On the other hand, under these revised standards, on disposal of the controlling interest, residual interests are usually remeasured at fair value and are then reflected in the loss or profit on disposal. This implies that previous ownership interests are usually to be recognized at fair value during the time of combination, leading or resulting in recognition of gains in profit and loss account. This treatment is usually applicable even though variations in the fair value are linked with previous ownership interests might have been accounted in the equity directly. ConclusionIn conclusion, In essence, th ese revise...