Essays on Finance Committee

Introduction

President Obama enacted the Affordable Care Act as a United States Federal statute in 2010. Together with the amendment to the reconciliation bill, it promised to expand health insurance to all citizens at a reasonable cost. PPACA defines the health care as neither the right nor privilege of people but it states that citizens, however, do have a right to “affordable” healthcare, which it tries to achieve through a partnership between the market and the government. The ACA is a result of an evolution of government-funded plans such as Medicare and Medicaid as well as statutes such as HIPAA, ...

Question One

I would present to the board of directors finance committee details like methods of raising monetary resources for funding the budget when seeking approval for new fiscal year budget. During presentation details like collecting money from patients, received funds from the government and donations from development partners like nongovernmental organisations are revealed. These details are significant as they determine whether the proposed budget can be financed from the existing resources (Wolper, 2011). Details like how the organisation would ensure accountability in the utilisation of money budgeted for would also be presented to the board of directors finance committee. The ...

Background

Being a small sized nation and also one lacking too much of natural resources, it was mandatory for Singapore to adopt a policy of open trade. The overall trade in Singapore currently amounts to thrice its GDP. Moreover, Singapore possesses absolutely no exchange controls either on the inflows or the outflows of foreign currency funds through its residents and non-residents. Despite the presence of stricter controls over the flows of domestic currency, there is no control that the nation has on its inflow and outflow. The country is known to be following an extremely liberal foreign direct investment (FDI) ...

Contaminated water is a menace that contributes to the deaths of several people year in year out (“Hand Washing Facilities in Schools”). It leads to severe illnesses such as diarrhea and cholera especially among toddlers and school going children. Following this fact, the residents of the town of Crestwood, Illinois came up with a project that would enhance hand sanitation, especially in public schools. The objective of the specific project was to ensure that by the end of six months, they had provided each school with water dispensers which supplied clean water for washing hands, alongside other necessities such ...

Mannella v. Commissioner, 132T.C, No 10 (April 13, 2009). In this case, Mrs. Manella found out that her husband had filed for tax returns but hide the mail from her. In so doing, the applicant was denied the right to receive what she rightfully deserved in the tax return process (Copeland). People v north 29 Cal.3d 509. The Defendant, Mr. North broke into the house of his girlfriend during the weekend as she was at her parents. When he was arraigned at the Califonia Supreme Court, the Defendant pleaded guilty to the charge of Second Degree Burglary. Loss of ...