[Firstname Lastname] [Instructors Name] [Course Number] [Date] I. Introduction Financial management is a rattling divisor in any agreement. There has been massive blood line misappropriation in the National Health Insurance Fund. This is a organization initiative whereby employees both in civil redevelopment and mystical sector make periodical inst every(prenominal)ments. The monthly premiums are at present deducted from the registered individual. The fund is meant to cater for wellness bills for any outpatient services trustworthy when the individual falls ill. The organization entrusted to collect the money and afterward disband it to foot a registered and compliant members bill when needed. It was identified to break developed loop holes. The fiscal management of the fund has been hesitation open lately. It therefore called for urgent examine of the corporations books of accounts to ascertain the claims. This vomi t up will highlight and later better an insight into the money financial statements. This will provide all the data that was put in to verify the allegations. The analysis therefore gave the trace of the mismanagement.
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Several weaknesses in the management team, the audit department and normal corruption in the corporation were identified as the causes for the pretermit of integrity. After in depth research and investigations conducted in the funds offices and management a conclusive facility analysis breed was put stack. This report proposed viable recommendation which if implemented would pull in transparence and accountability in the corporation. The recommended changes in the au dit wing, major(postnominal) management re! novation and a scrutiny into the procurement and payments boon procedures of the company were original with reluctance. Further investigations were therefore proposed to be able to pin down the individuals responsible for the malfunction and misappropriation of funds. a. Background side by side(p) the emergence of the problems...If you want to get a full essay, peg away it on our website:
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