Nurse Practitioner Educational Preparation in Imaging - Exploration of Educational Needs
With the increasing use of radiologic imaging, there is a need for nurse practitioners to be adequately prepared to order and interpret radiological tests. This study aims to identify educational requirements in the field of radiology to ensure appropriate use of imaging procedures and adherence to guidelines.
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Module 3: Management Reporting and Budgeting SESSION 1 INTRODUCTION TO MANAGEMENT REPORTING Module 3: Session 1 1 3/16/2025
Module objectives To enable trainees appreciate the importance of regular management reporting, management control systems, and to create understanding of why businesses must budget and report. Module 3: Session 1 2 3/16/2025
Session objectives Introducing types of management reports Purpose and the role of reports Module 3: Session 1 3 3/16/2025
What is a financial report? Set of financial documents prepared for management of the construction firm regularly as management may require. It contains summary of accounting and control information for that period, activity or contract with background notes and forms etc. Financial management reports keep management informed to make appropriate choices and guidance. Module 3: Session 1 4 3/16/2025
Role of reports Enable management to make rational and informed decisions. Enable management control. Evaluate of organizational performance on a continuous basis. Facilitate decision making by other stakeholders such as financiers and investors. Monitoring cash flow and assess cash needs Module 3: Session 1 5 3/16/2025
Characteristics of good financial reports Complete and accurate Brief and to the point Timely Quantitative Exceptional Consider cost of perfect information Module 3: Session 1 6 3/16/2025
Routine reports to inform management Could be daily reports, weekly, monthly, quarterly or annual reports e.g. Daily: Cash position, pending payments, cash expected, site requirements, any information required to make quick decisions. Weekly: Cash position, current operations needs for the week and next, expected receipts and payments. Materials: Delivered, used, materials needed for the next week and over the lead period, pending orders etc. Labour report: Workforce present, critical activities for the week and next, deployments, output, complaints, accidents. Monthly: Aged accounts receivables and accounts payables, inventory, payroll, overheads Module 3: Session 1 7 3/16/2025
Reporting periods The frequency of reporting depends on the critical nature of information. A monthly reporting frequency may be ideal for most transactions. Daily for cash flow; materials, labour and machine need and usage, quantity of work done. Weekly reporting on labour head count and efficiency Monthly reporting on certification, consumable stores, aged debtors and creditors. Quarterly reporting on profitability. Annual reports for statutory corporate performance and position. Module 3: Session 1 8 3/16/2025
Exceptional reports to aid control Focus on abnormal, unexpected costs and occurrence, events that need immediate attention. Work progress reports: Variances relating to work done, materials used, man days and machine time used. Variances in outputs Variances in inputs What is urgent? Module 3: Session 1 9 3/16/2025
Who is responsible for creation of reports All management and staff who are involved in operations: 1) Projects managers 2) Site engineers 3) Commercial managers 4) Accountant/Cashier 5) Stores managers 6) Machine operators 7) Foremen Module 3: Session 1 10 3/16/2025
Group activity 1) Relevance and challenges of regular reporting in micro construction firms. What reports and information are expected at the site office on a day to day basis. 2) Identify reports that would have been relevant for Munaku. 3) Assuming 10kms have been constructed in the first six months outline issues to appear in management reporting and for what purpose. 4) Draft a site report relating to operations of Munaku on any typical day. 5) Prepare a sample monthly report on labour, materials and cash on Munaku project. Module 3: Session 1 11 3/16/2025
THE END Q & A Module 3: Session 1 12 3/16/2025