Tuesday, May 14, 2019

Sunshine center Case Study Example | Topics and Well Written Essays - 750 words

cheer touch - Case rent ExampleUnder the churchs control, the Sunshine is under the management of Barb who had no precedent experience as a teacher, childcare provider or manager. The resignation of the first Sunshine tenderness committee led to the formation of a two person committee comprising of Olivia as the secretary and Sarah as the chair of the committee with the Rev. Andrew as an ex-officio member. The new committee has noticed some inconsistencies in the running of the nucleus especially its finances. The Sunshine center need a radical overhaul inn terms of its pecuniary management and its overall operating protocols and procedures. This paper aims to provide an outline of the organizational structure and specific midland control activities that must be in place for Sunshine Center Committee and the church to study keeping the Sunshine Center open. The Sunshine Center lacks a clear organizational structure as Barb carrying out all the organizational duties all on he r own exemplifies it. This puts her in a state of affairs of stress because she handles every issue concerned with running the organization. Barb is responsible for both the human alternative and pecuniary management of the organization, which diminishes the effectiveness, and efficiency of the organizations management. ... The development of a monetary or financial constitution to govern how the organizations funds will be managed is dependent on skilled governance. Administration is another arm of an organizations interior(a) structure that is concerned with the execution of policy recommendations. Olivia who can coordinate staff duties in achieving the goals of the organization should handle this task. The primary program that is the concern of Sunshine Center is to deliver affordable childcare to the community served by the church. This endeavor should be handled standardised a program with its head being responsible for spearheading the goals and objectives of the center in delivering quality child care to the community. To bring home the bacon internal control according to Committee of Sponsoring Organizations of the Treadway Commission(COSO), Sunshine Center Committee must ground changes at all levels of management and their standard operational procedures. Internal control is described as a process that is affected by an organizations board of directors and management that is meant to provide reasonable bureau in the attainment of objectives and goals. Internal control ensures that there is effective and efficient operational management and tried financial reporting. Internal controls will ensure that Sunshine center is compliant with applicable and necessary laws and regulations like the filing of tax returns with the IRS. The institution of appropriate internal controls will see Sarah and Olivia safeguard the Sunshine centers assets. Financial reporting is the key weakness at Sunshine Center, which exposes the organization to risks of liti gation from the IRS and their creditors. Instituting an internal control at the Sunshine center will ensure that the execution

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.