A. Define audit risk. Audit risk is the risk that the auditors may unknowingly fail to appropriately modify their opinion on financial statements that are materially misstated. B. Describe its components of inherent risk‚ control risk‚ and detection risk. The risk of material misstatement may be separated into two components-inherent risk and control risk. Both inherent risk and control risk exist independently of the audit of financial statements‚ or in other words‚ the risk of misstatement
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the implications of duty of care. understanding the support available for addressing dilemmas that may arise. the knowledge to respond to complaints. The implications of duty of care. A duty of care is a legal obligation imposed on an individual requiring that they adhere to a standard of reasonable care while performing any acts that could foreseeable harm others. A definition from Wikipedia Examples how we do this in my setting.Within our setting we carry out daily checks to ensure
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SHC 31: Promote communication in health‚ social care or children’s and young people’s settings 1.1) Identify the different reasons people communicate. People communicate for a wide variety of reasons with others on a daily basis. Some of the main reasons we communicate are to share information‚ ideas‚ our feelings‚ our thoughts‚ our needs‚ as well as to be social with other people. Another reason is so we can offer support and promote relationships with families‚ young people‚ members of the
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Risk Pooling in Health Care Finance Peter C. Smith and Sophie N. Witter Centre for Health Economics University of York York YO10 5DD United Kingdom Report prepared for the World Bank Workshop Resource Allocation and Purchasing in Health: Value for Money‚ Reaching the Poor World Bank‚ Washington DC‚ May 14-15 2001 Revised November 2001 Phone Fax E-mail + 44 1904 433779 + 44 1904 433759 pcs1@york.ac.uk Acknowledgements The authors would like to thank Jack Langenbrunner‚ Maureen
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UNDERTAKE AGREED PRESSURE AREA CARE 1.1 Pressure sores also known as pressure ulcers are injuries to the skin and underlying tissue‚ they appear when an area is under too much pressure for long periods of time‚ due to this pressure the blood flow id disrupted‚ and the area doesnt get irrigated‚ therefore the nutrients and oxygen do not reach the skin cells‚ the skin then breaks and the pressure ulcers form. Epidermis - is waterproof has no blood supply(avascular)‚ the epidermis is constantly
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Running head: RISK MANAGEMENTS ASSESSMENT SUMMARY Risk Managements Assessment Summary Health care organizations use risk management methods to guard their assets against likely threats brought on by legal liability. An important component of risk management programs inside the long-term care setting is the ability to reduce the amount of avoidable accidents and injuries and to reduce the financial severity of claims. Long-term care facilities offer a wide array of services to residents
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1. Explain what it means to have a duty of care in own work role Within the school as a learning support assistant I have a duty of care to the children. I need to ensure that the children are in a safe environment and that they feel happy in that environment. 2. Explain how duty of care contributes to the safeguarding or protection of individuals I have a duty of care to report any concerns I have about a child‚ that may come from there home situation. This must be reported immediately
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strategies Submission details Candidate’s name Phone no. Assessor’s name Phone no. Assessment site Assessment date/s Time/s The assessment task is due on the date specified by your assessor. Any variations to this arrangement must be approved in writing by your assessor. Submit this document with any required evidence attached. See specifications below for details. Performance objective In this assessment task you are required to review and evaluate marketing opportunities for an organisation
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organization risks and develop a plan to mitigate the risks. The risk assessment will identify the approaches to be implemented for elimination of avoidable risks and the minimization of the risks that are unavoidable. The discussions following will limit the risk assessment to IT related issues: security‚ auditing and disaster recovery. Risk assessment is determining two quantities of the risk‚ the magnitude of the potential loss and the probability that the loss will occur. Risk assessment then is
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SHC 31 Promote communication in health‚ social care or children’s young people’s settings 1.1 Identify the different reasons people communicate: There are different reasons people communicate: To share ideas and information: the communication is important to give and receive information and instructions‚ to understand and be understood‚ to share opinions‚ knowledge. For example when a child has a special diet the parents inform the nursery and passes the information to the staff that is
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