You will, in essence, be making a presentation to the Board of Directors of your organization (the community Healthcare network).

Your Unit 2 Part 1 of the Case Study will be the beginning point for your PowerPoint presentation. using your Unit 2 Case Study assignment as the basis, build a PowerPoint Presentation that discusses all required components of textbook Between the Numbers problems BTN 1-8 and BTN 3-8. In addition to the information included in your previous Case Study Part 1, include 1 or 2 slides that will incorporate the requirements for the Between the Numbers Problem BTN 6-8 on page 291 of your textbook. But, instead of using a local college, respond to the requirements for BTN 6-8 using YOUR company. BTN 6-8: Identify 4 internal controls being utilized by your company: -Checks and balances that make sure no one individual has control over all parts of a financial transaction. - Ensure that agency assets such as vehicles, cell phones, equipment, and other agency resources are used only for official business -all checks are signed by 2 individuals. 1 person from accounts payable and one from accounts receivable -Funds coming into the company are completely separate from funds going out

Keep in mind that the members of the board may or may not have read the report you completed in Parts 1 of the project. Even though this will be a brief presentation, it should include all essential information and data. This aspect of the presentation, but also the proper perspective they need to make informed decisions. Conclude your presentation with a Summary slide. The Power Point presentation should include 10 12 slides. Include at least 4 references. Remember this very important presentation technique Do not present slides that contain too much information. Keep the slides clean and uncluttered by using bullet points. The Notes section is there to allow you to provide the details about the presentation. The slides should also be designed to serve as the basis for the Voiceover Narrative. If you design you bullet points correctly, you will not need to read the Information on the slide. Rather, the slides should simply be an outline or platform from which you launch your presentation.

*BTN 1-8 and BTN 3-8 are already answered in my first case study which is included. The questions were: BTN 1-8 Identify and describe the main operating activities and the form of organization for community healthcare network. Determine and explain why the company chose this particular form of organization Identify any special advantages and or disadvantages the company experiences in operating with this form of business organization. BTN 3-8 Does the company prepare interim financial statements? What time period is used for them? Does the company use the cash or accrual basis of accounting? Does the company use a worksheet in preparing financial statements? Why or why not? Does the company use a spread sheet program? If so which program? How long does it take after the ends of its reporting period to complete annual statements?

Original case study PART 1:

The Community Healthcare Network is a non-profit organization that offers affordable medical care, mental health services, and case management to populations who are uninsured or underinsured. The company offers a wide range of services for individuals of all ages. The base of operations (central) is located in Manhattan and we have clinics located throughout the 5 boros of New York City as well as a mobile clinic and numerous administrative offices. CHN is a federally qualified organization; this allows us to offer our services to anyone regardless of income. No one gets turned away for any reason. We currently serve more than 75,000 patients in over 12 clinics city wide. The company currently receives numerous grants for operations. The most recent grant acquisition is from the aids institute for $5 million dollars. This grant is to be used to administer

HIV antibody testing to individuals who are sexually active. This is one of the numerous grants that the organization receives on a yearly basis. In order to keep track of these funds, the Community Healthcare Network has employed Denise Taylor as the Finance manager. She currently Managers 15 employees in the companies finance department. Working together as a team, they are able to success keep track of all funds in and out of the organization. I was able to conduct a phone interview with Mrs.Taylor to get a bit of insight into the companys financial operations: Greetings Mrs. Taylor. Thank you for taking the time to have this interview with me.
What are the main operating activities and the form of organization for the Community Healthcare Network? The main operating activity at the Community Healthcare network is service. Our organization builds revenue by offering affordable medical services to underserved communities.

If you had to guess, why would you think this particular form of organization was chosen? This form of organization was chosen because it allows the company to make a good profit from insurance companies while having low out of pocket expense due to us being a non-profit organization. Most of our expenses are covered with various grants given to us to perform these services.

Are there any special advantages and or disadvantages to utilizing this form of business operation? As stated previously, a major advantage to this is being able to generate a large profit fairly easily. We generate revenue from the consumers and insurance companies, while keeping our expenses low with grant funding. The cost of operating the business is fairly low (except for the provider salary, in which case, many providers opt for a lower salary because state lows say providers working in needed areas for 3+ years can receive loan forgiveness for student loans).

Does the company prepare interim financial statements? What time periods are used for interim statements? Yes we do. Currently we report quarterly. This is done for 2 reasons. The first being that this is the standard of reporting for the United States Securities and Exchange commission. Also this allows us to calculate the clinic numbers better. By reporting quarterly we are able to monitor seasonal activity within the company (i.e more pregnancy test administered in the winter months).

Interim Financial Reporting also does not mandate which entities are required to publish interim financial statements, how frequently they should be produced or how soon interim reports should be released after each reporting date. The standard however encourages, specifically, publicly traded entities to provide interim financial reports at least as of the end of the first half of their financial year but not later than 90 days after the interim reporting date (BDO Network, 2013).

Does the company use cash or accrual basis of accounting? Currently CHN uses the accrual method of accounting. This is simply due to the process of insurance transactions. When dealing with insurance, the charge must be cleared before we receive the funds. This gives the insurance company the time to see if the medical service provided was eligible for the patients insurance. Unfortunately this cause problems for us because if a service is administered and the insurance company refuses to cover the cost, then it is left on the organization to just take the loss. Cash basis accounting only records transactions when cash and cash equivalents are either received or paid out. By contrast, accrual basis accounting records most transactions at the times of their occurrence (Li, 2014).

Does the company use a work sheet in preparing financial statements? Why or why not? Yes and no? I say this because we dont use the traditional worksheets per say. We utilize Excel spread sheets. This is because they save time and are convenient. Excel really does most if not all of the calculations for you. Everyone in our accounting department is trained on excel prior to employment. The information on the spreadsheet is like a draft of the company figures. No one sees these spread sheets besides the accounting department. The information and figures on the sheet are then used to produce a financial statement. Its an extra step that many organizations find useless but the extra step saves us from having to go back and correct mistakes.

Does the company use a spread sheet program? If so, which software program is used? Not really. Since we use excel for our spread sheets we utilize Quick books because its very easy to transfer or import the information.

How long does it take after the end of its reporting period to complete annual statements? The SEC allows 90 days to complete this, but our organizations policy is to have this done within 60 days. But the actual time frame changes from year to year, depending on the amount of data we need to input in the statement.

The Community Healthcare Network takes its accounting operations seriously. They value integrity and in doing so they maintain an honest and forthcoming relationship with the public, shareholders, and investors. An organization can apply honesty and integrity to all situations. Reporting to investors/stakeholders, filing taxes, marketing, and above all financial accounting a conscious choice is made by management to provide straightforward accounting.