Advance Care Planning and Analysis
This essay focuses on Advance Care Planning and Analysis.Read the section titled “Reflective Practice: Pants on Fire” from the chapter “Health Policy, Politics, and Professional Ethics” and address the questions below.
Advance Care Planning and Analysis
Read the section titled “Reflective Practice: Pants on Fire” from the chapter “Health Policy, Politics, and Professional Ethics” and address the questions below.
“And who will suffer the most when they ration care? The sick, the elderly, and the disabled, of course. Such a system is downright evil.”
Reflect on what informs your judgment: commitment to advance care planning, analysis of facts, and/or political party loyalties?
Is it right for nurses to endorse health reform legislation even if the legislation is not perfect?
· Does this apply to the recently failed American Health Care Act?
Financial planning and analysis (FP&A) is the budgeting, forecasting and analytical processes that support an organisation’s financial health and business strategy. FP&A analysts, managers, and directors are responsible for providing senior management with the financial analysis and information they need to make major operational, financial, and strategic decisions.
FP&A professionals will be involved in running the annual budgeting process and producing regular forecasts that show the expected future performance of the business. They analyse business trends and past results, advise on how company performance can be improved and explore potential growth scenarios. FP&A professionals can expect to interact regularly with senior leadership with reporting a key element of the role. They will be responsible for comparing actuals against plan, updating forecasts to reflect actual performance and informing management on the progress of the company’s strategic plans.
Key responsibilities
Responsibilities will vary, but examples include:
- Firstly, Liaising with senior management to prepare the business’s financial and strategic plans
- Secondly, Working with Business Unit heads to build their annual budgets and forecasts, consolidating them into one overall budget
- Thirdly, Analysing financial and operational results to better understand company performance
- Further, Preparing competitor analysis, market trends and associated commentary to senior management
- Further, Provide detailed analysis and commentary on Business Unit results
- Creating financial models to project long term growth & determine the impacting business factors
- Evaluating whether the company’s current assets and investments are the best use of the company’s excess working capital
Why are they important?
