Discuss how you would obtain an understanding of key business processes of a company that hires you to provide financial services. How is this different from completing an audit?
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1)In the past few years, as more physicians are using clinical decision support systems (CDS), many systems have not lived up to expectations. This has required customization work on the part of health informatics professionals and vendors. The term “alert fatigue” is commonly used, signifying that many providers are tired of seeing the pop-up messages and in many cases request that the CDS be turned off in order to optimize workflow and efficiency.

What would be your response to physicians in your organization who expressed their dissatisfaction with CDS and asked for modifications?
How could you work with your IT vendors to improve your existing systems?
What other ideas can be generated and implemented to facilitate the use of clinical decision support?

2)Many accounting and accounting-related professionals are skilled in financial analysis, but most are not skilled in manufacturing. This is especially the case for process manufacturing environments (for example, a bottling plant or a chemical factory). To provide professional accounting and financial services, one must understand the industry, its product, and its processes. As accountants, we have an ethical responsibility to develop this understanding before offering services to clients in these areas.

Discuss how you would obtain an understanding of key business processes of a company that hires you to provide financial services. How is this different from completing an audit?


 

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