The financial statements in this institution contains some remarkable disclosure of the cost that the institution goes through in providing retirement benefits, related gains, assets and lastly all liabilities. These financial statements therefore, are able to provide the employees with a clear view of the risks and rewards that arise from the defined benefits. In addition, all funding obligations which are in relations to all liabilities of the benefits schemes defined are all clearly identified (University of Maryland, 2012). GAASB proposed changes are likely to reduce the liability burden as they will increase the level of accountability an aspect that is likely to reduce the cash lost due to cases of negligence. Proposed changes also address deeply on issues of common deposits and other investment risks such as interest rate risks and even fluctuating of the foreign currency risks. The policy recommendations to disclose all investments that are highly sensitive to these risks will reduce the money lost through fluctuating of the currency and changes in the interest rates (University of Maryland, 2012). One of the major economic condition that s likely to affect the growth of this institution is government changes in labor policies. Government is likely to change the policies such as medical policies and retirement policies. Some of the likely changes that are likely to be outlined include; increased amount contributed towards the pension scheme and specified amount that the institution should direct towards payment of medical insurance for its employees. This is likely to reduce the amount of money directed towards improving the status of the university. Second aspect that is likely to affect the future success of university of Maryland is increased government intervention and regulations in university through taxation. This is likely to slower the level of activities in the institution an aspect that will be replicated in the overall growth rate of the institution (University of Maryland, 2012). Changes in the foreign currency and interest rates will have direct impact on the overall growth of university of Maryland. The institution conducts many transactions some of which depend largely on the interest rates. Fluctuations in the currency and changes in the overall economy will therefore hamper the level of growth in the university (Gibson, 2012). In university of Maryland grants are used to fund major projects that are aimed at improving the education status in the university. In addition to this, they are used in daily running of the institution. Also, they are sometimes used to cover the liabilities that the institutions have incurred over the past periods in order to reduce burden to the institution (Gibson, 2012). Grants such as federal grants are used by the institution to offer students with the scholarships. This is aimed at helping the needy students who are not capable of paying for their school fees. In addition to this, these funds are directed towards equipping the institution with the current technology in order to improve the level of research conducted by the institution. As a result, the institution has been able to conduct many researches in different fields an aspect that has improved the overall growth of the state and economy at large (Gibson, 2012). With GAADB laid procedures on how to use funds in the institutio
Public University Analysis Name: Institution: University of Maryland has made a remarkable improvement in disclosing the employee pension plan in its financial statement. This has made it possible for the employees to know the amount that is being set aside by the university in order to fund the pension scheme…
University of Colorado
The University of Colorado, Boulder is the hub of dynamic population of scholars as well as learners established in one of the most extravagant campuses of the United States (US).
The university has expanded in size as well as in quality with its establishment in the year 1877 with the attraction of sophisticated faculty, workaholic staffs and great students engaged in different programs in science, engineering, business, law, arts, humanities, education, music and many other multifaceted curriculums.
The American structure of education finance clearly evidences the role of the State in the education system. It is estimated that the United States spent approximately $1.13 trillion on all levels of education in the year 2010-2011, with a significant proportion of this amount emanating from State, local and private sources.
This essay will depict the composition underlying the financial statements especially in the accounting and auditing systems of non profit organizations. This is done in order to capture the economic activities for the organization for the past financial year.
In this regard, the researcher conducted a survey of 100 respondents, who were patients at various University Hospitals in Ghana, and evaluated their perceptions against the health care delivery through regression analysis. The findings revealed in this study show that there is a positive impact of customer care practices on public health care delivery.
The researchers have stressed on the growing importance of skilful management of emotions. A person who can manage his skills in an efficient manner is said to have higher emotional intelligence. A significant amount of studies has been done on emotional intelligence in organization and schools.
Such complications include ischemic heart diseases, strokes, impairment of the renal functions, neuropathies, retinopathy, diabetic foot etc. Most common risk factors for the development of diabetes include smoking, obesity and genetics.
The incidence of diabetes is
t sustain an exception, a defendant (frequently) can hold off conviction by moving to nullify any evidence that the state may have obtained via the warrantless search. U.S. laws relating to search and seizure admit that warrantless entry is reasonable under sufficient exigent
derations with regard to this United States federal law, these components include 1) providing a description of the federal law including its historical background and the present situation 2) examining the rationale for public policy 3) assessing the efficacy and effectiveness