Write a 5â6 page paper in which you:
Evaluate the level of SOX regulations that applies to for-profit and not-for-profit health care organizations, indicating whether mandating SOX requirements for nonprofits might reduce fraud and increase corporate governance. Provide support for the rationale.
Determine whether SOX has been effective in regulating ethical behavior of for-profit health care organizations. Defend the position.
Review the audit report issued by the external auditing firm from the company’s website for the year it was accused of fraud. Then, determine whether the external auditors were negligent in preparing the audit report for the company. Formulate an opinion regarding which internal control was deficient or which GAAP was violated. Defend the position.
Determine which provision(s) of SOX was/were violated in the health care fraud case in question. Indicate whether SOX adequately provides sanctions to deter the behavior or whether changes are needed to the regulations to remedy the issue(s) and thus ensure compliance.
Based on the fraudulent activity that occurred, recommend two improvements to the internal control environment to reduce those occurrences. Provide detailed recommendations.
Sample Solution
usiness Structure/Intellectual Property Rights Before embarking on the development of the proposed app, it is essential to understand what is meant by an Intellectual property. Intellectual property (âIPâ) refers to all the elements that are used during the process of developing and promoting your app. These include the app designs, graphics, app name, app logo, source code, etc. You will need to be aware of some key factors when considering the Intellectual Property Rights: Protecting your appâs intellectual properties from your competitors Professional mobile app developing companies cannot afford to ignore the importance of protecting the intellectual rights of the applications they create. Hence, it is important to be aware of certain tips regarding the protection of intellectual properties. The Intellectual Property Office, which deals with the registration of patents, designs, trademarks and copyright, will carry out a search prior to registering the protection of a new app. This is to ensure that there has been no prior registration to protect the app against any future duplication. If the app is not patented, the intellectual rights on them can be protected via company-wide trade secret agreements which implicitly state that all types of unauthorized public disclosures about the app are banned except the promotional pitches issued by the company. The app can get copyrighted to prevent your app ideas from getting blatantly copied by rival mobile app companies. Also, it is important to get the app code registered to prevent the app designs/features from getting duplicated. Ensuring that you do not infringe the IP of a third party It is difficult to know whether your app might infringe the rights of a third party, but you can take steps to avoid infringement. You can minimize the risk of infringing third-party copyrights or misappropriating third-party trade secrets by making your app an original work and ensuring that the developers have not borrowed the content or code from any other app. You can reduce Intellectual Property infringement risk by conducting a trademark search that looks for prior users of similar marks, and you can conduct a patent search to determine if your app infringes an existi>
usiness Structure/Intellectual Property Rights Before embarking on the development of the proposed app, it is essential to understand what is meant by an Intellectual property. Intellectual property (âIPâ) refers to all the elements that are used during the process of developing and promoting your app. These include the app designs, graphics, app name, app logo, source code, etc. You will need to be aware of some key factors when considering the Intellectual Property Rights: Protecting your appâs intellectual properties from your competitors Professional mobile app developing companies cannot afford to ignore the importance of protecting the intellectual rights of the applications they create. Hence, it is important to be aware of certain tips regarding the protection of intellectual properties. The Intellectual Property Office, which deals with the registration of patents, designs, trademarks and copyright, will carry out a search prior to registering the protection of a new app. This is to ensure that there has been no prior registration to protect the app against any future duplication. If the app is not patented, the intellectual rights on them can be protected via company-wide trade secret agreements which implicitly state that all types of unauthorized public disclosures about the app are banned except the promotional pitches issued by the company. The app can get copyrighted to prevent your app ideas from getting blatantly copied by rival mobile app companies. Also, it is important to get the app code registered to prevent the app designs/features from getting duplicated. Ensuring that you do not infringe the IP of a third party It is difficult to know whether your app might infringe the rights of a third party, but you can take steps to avoid infringement. You can minimize the risk of infringing third-party copyrights or misappropriating third-party trade secrets by making your app an original work and ensuring that the developers have not borrowed the content or code from any other app. You can reduce Intellectual Property infringement risk by conducting a trademark search that looks for prior users of similar marks, and you can conduct a patent search to determine if your app infringes an existi>
