Five Reasons to Study Forensic Accounting

Forensic accounting is the practice of utilizing accounting auditing and investigative skills to assist in legal matters to obtain an accurate result to establish the accountability for administrative proceeding. You may be wondering, why study forensic accounting?

Well, here are the five reasons:

  • Our current economic crisis has left many companies to face serious financial issues that may lead to bankruptcy. Hence, these companies have been forced to stoop down to the lowest level to save their company by committing frauds and swindles. This makes such a job an important one that increases in demand each year.
  • Internal audit in the company could not throw light on the different fact and other hidden aspects of the corporate fraud. They are hardly in a position to initiate proper action at proper time due to their lack of forensic accounting skills.
  • Forensic accounting is a new and very exciting study. This change the perspective of the world on accounting study, which has been a theoretically dull field in itself.
  • If you are ambitious, fast, observant, creative and diligent, Forensic accounting is definitely a dream job and a great investment. Using computer technology, creative thinking, and careful inspection of financial records; the hidden proof of the crimes can be discovered.
  • You will always be equipped with the latest computer software and gadgets. Forensic accounting heavily relies on computer software and generalized audit software to aid in the detection and investigation of fraud and white-collar crimes. Also, investigative tools such as data mining, link analysis software and case management software and the use of the Internet are the essential skills as well.

In conclusion, forensic accounting has been stereotyped as a boring and uninteresting job which has been proved to be wrong. There are many reasons which show to be benefits when it comes to studying forensic accounting. Not only will you be rewarded with a stable job, you would also look forward to going to work everyday

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The Importance Of Excel In The Workplace

Excel is perhaps the most important computer software program used in the workplace today. That’s why so many workers and prospective employees are required to learn Excel in order to enter or remain in the workplace.

From the viewpoint of the employer, particularly those in the field of information systems, the use of Excel as an end-user computing tool is essential. Not only are many business professionals using Excel to perform everyday functional tasks in the workplace, an increasing number of employers rely on Excel for decision support.

In general, Excel dominates the spreadsheet product industry with a market share estimated at 90 percent. Excel 2007 has the capacity for spreadsheets of up to a million rows by 16,000 columns, enabling the user to import and work with massive amounts of data and achieve faster calculation performance than ever before.

Outside the workplace, Excel is in broad use for everyday problem solving.

Let’s say you have a home office. You can use Excel to calculate sales tax on a purchase, calculate the cost of a trip by car, create a temperature converter, calculate the price of pizza per square inch and do analysis of inputted data. You can track your debt, income and assets, determine your debt to income ratio, calculate your net worth, and use this information to prepare for the process of applying for a mortgage on a new house. The personal uses for Excel are almost as endless as the business uses for this software – and an Excel tutorial delves into the practical uses of the program for personal and business use.

The use of spreadsheets on computers is not new. Spreadsheets, in electronic form, have been in existence since before the introduction of the personal computer. Forerunners to Excel and Lotus 1-2-3 were packages such as VisiCalc, developed and modeled on the accountant’s financial ledger. Since 1987, spreadsheet programs have been impacting the business world. Along the way, computerized spreadsheets have become a pervasive and increasingly effective tool for comparative data analysis throughout the world.

Today, end users employ Excel to create and modify spreadsheets as well as to author web pages with links and complex formatting specifications. They create macros and scripts. While some of these programs are small, one-shot calculations, many are much more critical and affect significant financial decisions and business transactions.

Widely used by businesses, service agencies, volunteer groups, private sector organizations, scientists, students, educators, trainers, researchers, journalists, accountants and others, Microsoft Excel has become a staple of end users and business professionals.

The beauty of Excel is that it can be used as a receiver of workplace or business data, or as a calculator, a decision support tool, a data converter or even a display spreadsheet for information interpretation. Excel can create a chart or graph, operate in conjunction with Mail Merge functions, import data from the Internet, create a concept map and sequentially rank information by importance.

Excel offers new data analysis and visualization tools that assist in analyzing information, spotting trends and accessing information more easily than in the past. Using conditional formatting with rich data display schemes, you can evaluate and illustrate important trends and highlight exceptions with colored gradients, data bars and icons.

Indeed, Excel can be customized to perform such a wide variety of functions that many businesses can’t operate without it. Excel training has become mandatory in many workplaces; in fact, computer software training is a must for any workplace trying to keep up with the times.

Let’s say you’re an employer with 97 workers, 17 of whom called in sick today, and you want to know the percentage represented by absentees. Excel can do that. You can learn Excel and use it to determine the ratio of male to female employees, the percentage of minorities on the payroll, and the ranking of each worker by compensation package amount, including the percentages of that package according to pay and benefits. You can use Excel to keep track of production by department, information that may assist you in future development plans. You can create additional spreadsheets to track data on vendors and customers while maintaining an ongoing inventory of product stock.

Let’s say you want to know your business production versus cost. You don’t have to be a math wiz – you just have to learn Excel. Excel allows you to input all of the data, analyze it, sort it according to your customized format, and display the results with color, shading, backgrounds, icons and other gimmicks that offer time-saving assistance in later locating precisely the information desired. If this spreadsheet is for presentation purposes, Excel helps you put it together in such a visually appealing way that the data may seem to pop and sparkle.

The single most important thing an employer may do is learn Excel – it is one of the most essential tools of the workplace.

Excel and Microsoft are trademarks of Microsoft Corporation, registered in the U.S. and other countries. Lotus is a registered trademark of International Business Machines Corporation in the U.S. and/or other countries.

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Build Your Own Tree House – Pros and Cons, Fasteners and Hardware

Tree houses are fun, bonding activities you can do with your friends or family, and can provide a unique and ideal hangout spot surrounded by Mother nature. One of the biggest differences in my opinion, between tree houses and other on-ground add-ons you can build on your property, is the fact that a house up in the trees sways – to varying degrees depending on the height and size of the Tree and branches – and so can add a unique and soothing feel.

There are several prerequisites that must be met before this particular project would be considered feasible for you. The first ones are also the most obvious:

  1. Do you have a suitable tree with your property on which you can construct your tree house? This question may be ambiguous to some, as what kind of tree exactly is considered suitable? Well, this depends largely on the size of the structure in question, as well as the expected load – number of people, furnishings, etc. The larger your tree house is, the larger your tree needs to be.
  2. How are you with heights? Now is not a good time to kid yourself or anyone else if you happen to be abnormally scared of heights! We're all scared of heights to varying degrees, but if you lack the courage or ability to comfortably work at the needed height, this project may not be for you. Granted, it can be built relatively low to the ground as well and still be called a "tree house" – in which case, this may not apply.

Now that we have those out of the way, we can get into the other aspects of building. When compared with a structure on the ground, a tree house may somehow seem like a simpler project due to the fact that some of us have grown up "throwing" little makeshift tree houses up here and there. However, it's important to remember that any halfway decent structure, whether on the ground or up in a tree, requires careful planning and implementation of standard safety code.

Here are some other questions you should ask yourself before concluding the planning stage:

  1. What will I use the tree house for? Depending on your answer, you may want a roof and walls, or you may find it unnecessary. In either case, a rail and / or walls at least a meter high is recommended for safety.
  2. How long do I want it to last? You may think that the answer to this question is obvious, but you should understand that the lifespan of your tree house depends heavily on the materials you use and the quality and number of layers of your protective stain. Tree houses, by virtue of their definition, stand within and under the canopy of the tree in which they are built. Because of this, they are more susceptible to premature rot due to the prolonged shade and humid nature of their environment. The fallen leaves and branches scattered across the deck also serve as decay-accelerators unless they are regularly swept off.

Foundation and Floor-shape

One of the unique beauties of a tree house is the fact that you can simply build around the various branches leaving them exposed within your tree house, enhancing the "natural" atmosphere. As with an on-ground structure, you should start with building your base and floor. You may face complications with the shape of your floor due to the limitations of suitable branches to base off of.

Because of this, there's a possibility you may have to set up for a non-square shape. This may be what you want, or this may be a problem for you. In any case, you should understand that there are some restrictions placed upon you by the particular tree you're working with. All branches used for a foundation should be able to single-handedly carry several hundred pounds, and more if you're expecting higher traffic.

Tree Wood Density and Fastener Quality

Large tree houses that weigh more than the collective weight of their occupants should be carefully designed , as various factors such as the hardness of the tree and fastener quality and design come more into play. Wood will compress where the fasteners connect to the tree to varying degrees based on the hardness of the tree in question, causing a sinking of the tree house.

Professional-grade Tree house Fasteners – Are they Necessary?

There are various tree house fasteners available on the market today specially manufactured for their unique needs. However, the question invariably arises as to how necessary these customized bolts and brackets are in comparison to normal ones found in home centers due to their price. They often cost between one and several hundred dollars each!

The first thing to bear in mind when contemplating the pros and cons of these rather pricey pieces of hardware is that trees are living organizations, and are still growing, moving, and changing shape. Therefore, your tree house and the hardware on which it is mounted must accommodate this movement. Simply bolting the beams into the tree's branches results in a fixed attachment that will force the tree to either pull the screw through the beam or try to grow around the beam.

The first of the two will result in a sudden and dangerous failure , while the second will result in an unhealthy and unnatural growth around the beam, potentially causing disease and decay to set in. Custom bolts and brackets are made with a certain allowance for tree growth, with a section of the bolt that is embedded deep in the tree's heartwood and a large shank that allows axial movement coupled with a female part that is attached to the beam.

So to answer the question of whether these expensive custom parts are necessary, the short answer is yes, and no. Yes, if you lack the know-how to find parts that will accomplish the same purpose as the professional parts do, and no, if you do, and do not require your tree house to last for fifty years. Home centers sell bolts and hardware with large diameters and lengths which can be used, but the entire shank can not be threaded.

The half or so that is embedded into the tree must be threaded, but the reminder that acts as the cushion to compensate for tree-growth must be smooth. You also need a female piece that fits around the smooth shank that has a bracket that can be screwed into your beam. This female bracket then has the freedom to slide along the axis of the smooth bolt shank as the tree grows in girth. All parts should be stainless steel as well – others may corrode to failure.

Obviously, the big tree house building companies would disagree with the above opinion, and the ideal is to buy these parts. I'm just offering an alternative for those who do not have a large budget but still want to construct a safe and environmentally-friendly tree house. There is also a chance you will not be able to find hardware that meets the criteria, leaving you with no other choice.

The professional criterion when it comes to fastening your tree house to your tree seems to be "perch, do not pin". I agree whole-heartedly with this principle and any alternative I save above should not contradict this. But not everyone looking to build a tree house is willing to spend tens of thousands of dollars, so, your budget is a primary factor in determining the quality as well as what kind you would build.

In any case, it should be a safe and fun place to accommodate whatever activities you envision. Taking into consideration the damage inflicted on the tree as well as future complications that may arrise such as those mentioned above when planning, is simply the responsible and consider course of action.

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Effective Job Numbering And Cost Code Systems

Overview

Many companies have a sequential job numbering system, but have you considered the possibility of altering the numbering sequence so you can pull reports for a certain type of project or projects by year and the informational reports that could be generated?

And, are your cost codes sufficient to cover the details you need to see in your reports? Do you lump all site related travel and subsistence into one code, or do you have the details of hotels vs. Housing and meals vs. Subsistence?

Not all software programs are sophisticated enough to allow for customized job type numbering sequences; However, even the basic job cost software systems can be adapted to allow for an advanced numbering system.

Specific Job Numbering Sequences

Advanced reporting techniques can yield a wealth of information. How jobs are numbered so ease the reporting burden so projects of a certain type and / or year can be easily excluded from the software. Samples of numbering sequences could be based on the following criteria:

· Year project was awarded

· Public vs. Private works

· Commercial vs. Residential

· Construction vs. Service

· Division (s) of the Company

If your software allows, you may start the job number with the year awarded, followed by the job type and then a sequential number. Management may request a report for gross revenue on all the commercial contractor improvement projects in 2013. If you have a numbering sequence, this would be an easy report to pull, rather than go through all your 2013 projects and manually add the numbers to obtain the Results.

The job cost master file is another good source of information if all fields are completed and there is a common usage of custom fields that can be used to pull reports.

Cost Codes – Too few or Too Many?

Often we see cost code lists that spill onto multiple pages. Most job cost software programs allow for use of one cost code for multiple categories (Labor, Materials, Direct Job Expense, etc.).

A good source to use for establishing a cost code list is the bid recap and detail sheets used when bidding projects. This will yield the different stages of labor, types of materials to install associated with that labor, the different types of equipment to be rented, categories of subcontractors and the details of direct job costs to be incurred.

These activities can be "numbered" to establish a list of cost codes. If the software allows for use of one code across multiple categories, give thought to not duplicating descriptions, but arranging codes together by "type" of work being performed, rented equipment, direct job expenses, work typically contracted out, etc.

Keeping your cost codes consistent will then allow even more sophisticated reporting – management can now ask for all commercial contractor improvement projects in 2013 and the total cost of crane rentals for the year on those specific projects.

Why Go Through These Steps?

History is a great source of information when anticipating the future. Cost details can be analyzed for specific types of jobs when preparing to bid a similar project. Historical information can be analyzed for margins on certain types of projects or a division of the company to make decisions on whether or not a certain type of work is profitable.

If fields are available in the job cost master file, reports can be declined not only by type and year but by project manager as well to look at performance and estimate vs. Actual results.

Conclusion

When developing any numbering system, consistency is important in order to maximize the reporting results. Management should determine the information they wish to see and develop job numbers and cost codes that will allow for advanced reporting not only to themselves but provide useful information to estimating, project managers and accounting as well.

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What Is The Difference Between ERP And Enterprise System?

Enterprise system and Enterprise Resource Planning System terms are similar but there is difference between an enterprise system and an ERP system. An ES or enterprise system is a large scale system which includes packages like ERP and CRM. ERP is a subset of Enterprise System or it can be said that ES is a superset of ERP. It contains a variety of solutions. ES contains applications and packaged solutions which can be directly used in an enterprise. On the other hand ERP system is the automation of the business processes and the solutions are in the form of modules which are designed according to the client’s requirements.

The functions are customized according to the client’s business environment. Enterprise system does not include architecture of other solutions whereas an ERP implementation automates systems using technical aspects. ERP system includes architectures and databases and is client server architecture. The system is server based therefore the consultant needs to be aware of the technical aspect too.

Another difference between an ES and an ERP system is that the ERP is aimed at improving the functionalities of the organization whereas the ES helps to improve the overall maintenance and accuracy. It provides for better solutions and aids in decision making. ES is difficult to implement compared to Enterprise resource planning and even the timeframe needed for implementation maybe more. The overall impact is high but so are the risks involved. If the ES is not implemented in the right manner, it can cause business failure and if implemented properly it can increase the efficiency and profits of the business organization. It is normally required when there is a big drawback in the current procedures and methodologies in the organization and need to be corrected. The company going in for enterprise system needs to be careful while choosing the software and the vendors due to the risk of failure involved.

The difference between an enterprise system and an ERP system is that ERP is mostly used for medium scale companies to big companies and ES is restricted to the big companies. There are many complex functions involved in big companies which cannot be provided solutions for alone by ERP. The role of ERP is restricted when compared to enterprise system because it does not include customer relationship or vendor management.

These applications are needed when the business process is complex and on a big scale. Therefore bigger organizations need to go with ES instead of enterprise resource planning alone. ERP is also an important system to streamline the internal processes but it does not provide for taking care of the external processes. Enterprise system takes care of the end to end business process of organization since it involves other applications also like SCM and CRM. There is quite a lot of difference between an enterprise system and an ERP and it depends on the company whether it wants to go with an ES to streamline the entire process starting from supplying, production and customer or whether he wants to go with an ERP system to streamline the internal process.

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Introduction to Fixed Asset Management

There are obvious benefits from implementing and maintaining a record and control over assets. Savings can be obtained from being able to both see current asset deployment and thenby maximizing their use. Monitoring assets will reduce unauthorized use or misappropriation and insure employees leaving a firm return assets under their control. In some cases a system is mandated by government regulations, terms of lending, public grant terms, insurance terms etc. One person can maintain and manage all fixed assets of a business if they have software to assist them. Computer systems and software available reduce complexity, save time and prevent mistakes. Why use an asset management software program?

While paper and pencil methods can be used, software programs assist in the recording, maintenance and auditing of assets. This saves time and gives a clear picture of assets since sorting and viewing in different ways is quick and easy.

The most basic 'solution' would be using a spreadsheet program such as excel. Even after migrating to software specifically designed for asset management there are times that a spreadsheet program may continue to be useful.

What is an Asset?

What you call an asset often depends upon your business activities. The first thing that comes to mind is fixed assets such as computers, production equipment, office furnishings etc. You might even wish to consider employees as assets or even service and maintenance contracts. A flexible asset management software program can provide a way to track many things most of us would not consider to be assets.

What are my first steps in setting up a system or 'solution'?

1: Decide what assets will be managed.

The more assets the more work in setting up your system. Limiting assets to only those over a certain dollar value is a good idea.

2: Deciding what characteristics of assets it is important to record within the software.

Your choices will not only have an effect upon the amount of work required but also the amount to which you can manipulate and view asset information by sorting on asset information field or combination of fields.

For example if you setup a field for 'location' then you can sort data to see what assets are in each location. If you also have a field for 'type' or 'class' then you could further sort and display to show only certain types of assets such as computers at one or more location.

As in every aspect of life one has to make tough choices between what is ideal and what is feasible. Your choices will have an effect upon data data when new assets arrive as well as collecting information about existing assets. Choices you make will also have a bearing upon your choice of software since some may not handle everything you want. One such a limitation is found within the AssetTrakker Pro software program. TrackitSoftware does not provide a method of tracking depreciation because it was felt this added too much complexity requiring the collecting and maintaining of a lot more data. Additionally, they felt, handling depreciation requires superior knowledge of government rules and regulations beyond the expertise of the very people that stand to benefit most from asset management. Accounting departments already calculate and account for depreciation. * Some software does promote depreciation calculation but only limited functionality that in most cases is not the way regulations demand.

Some help!

Below is a listing of Asset Attributes 'fields' for your consideration. You will not want to use all of them for your own 'solution' and may well have additional ones you need.

Asset #: The key identification reference used to track assets. They can be straight numbers or a number with an alphabet prefix. (0001 or A001). This number is used for audit purposes and for cross-reference.

Make: Manufacturer

Model: Use when arranging service or buying parts. Use as allowed grouping by model type.

Serial #: Specific asset identification. Needed when making warranty or insurance claims.

Cost to Repl .: Estimate the cost of replacing an asset. Useful for planning, risk assessment and insurance.

Cross Ref. #: Reference other asset number or tie together group of assets.

Type: Can be used for general grouping such as furniture, computer, shipping, etc.

Condition: Helpful to see what is likely to require replacement or decide on service needs.

Description: Other detail in addition to make, model, and serial number.

Memo: Additional information about the asset. If a computer you might want to list details of the hardware configuration or even the programs installed on it.

Department: This is helpful for sorting assets by department to assist in auditing.

Location: Good field to have so that a search / sort can give you a clear view of where assets are located.

Used by: Necessary if you have assets in the personal possession of an employee and / or assets off business concessions.

Date Assigned: Useful if assets are moved around or for telling how long an asset has been at its current location.

Expected EOL: The anticipated date when the asset will no longer be useful.

Funded by: Source of funds if provided by Bond Issue, or outside funds (loan) or a grant.

Cost: Total cost of acquiring an asset.

Date Acquired: Helps give some idea when replacement may be required.

Disposed: Indicates an asset has been disposed of.

Disposed Date: Date asset was disposed of.

Business Use%: Used if an asset is not used full time by the business to break down asset use. Not for everyone, but a field that imagination might find an indispensable use for.

OUT: Used for Tool / Equipment Tracking,

Taken By / In From: Used for Tool / Equipment Tracking to indicate who is taking or returning item.

Date Due: Used for Tool / Equipment Tracking to show when an asset is due back.

Recovered Value: Net proceeds of the disposal of an asset.

Disposed Detail: Notes on how and where an asset was treated of.

Warranty: Indicates if asset is covered by a warranty or could be used if covered by a service / maintenance contract.

Warranty Expiry: It is useful to see what expiries are approaching for tracking maintenance or service agreements. Helps prevent paying for service covered by warranty as well as prompting the repair of items before expiration.

Image: Can assist in asset identification or where 'look' is an important feature. Useful if insurance claim ever made.

Value: Could be amount the asset is insured for. Risk exposure control.

Leased: Helps keep track of Leased vs Owned assets.

Lease End: Used to warn when assets have to be replaced or the lease has to be renewed according to the terms of the lease.

Lease Start: Commencement date of lease on leased equipment.

Lease Co: The name of the company from which an asset is leased.

Audit Date: This column records the date the batch scans of assets were made for audit purposes.

Auditor: Record the name of the person who performed the audit.

What next?

By now you have a good idea of ​​what asset information you want to track. Before looking at the various software packages available you should consider how many people will be entering data and how many will be accessing the data. For a smaller organization it is likely that just one person will be involved but in larger firms despite a number will wish to participate. Your situation could require purchasing more than one software license and the software must support multiple users.

Use a Barcode Scanner?

A barcode scanner can be used to speed data entry and auditing. This will add to the cost and most lower priced software packages offer limited support for barcode scanners. If properly incorporated into software a scanner can provide excellent value and save a lot of time, particularly for annual audit purposes.

Below are outlined the types of barcode scanners used with asset management software.

A 'dumb' tethered ccd scanner is cheapest and purchased for around $ 70. This can only be used when plugged into the computer and acts just to a keyboard in that you scan a barcode and it is put into whatever cell or space you are in.

A 'laser' tethered scanner is more money but will be able to scan smaller barcodes and sometimes have a defect field of view (easier to scan a barcode quickly).

A ccd or laser scanner which has built in memory so scans can be made and then the scanner can be brought back and plugged into a computer, and those scans uploaded. This is extremely useful for audit purposes. For maximum utility your software should be optimized to take advantage of this 'batch' memory capability. A capable unit can be obtained for around $ 150.

A laser scanner with internal memory, as well as an input screen and keys, means that after scanning a barcode you can add additional information. These are more expensive and again their use has to be integrated into your management software. While prices are coming down you are looking at units in the pocket pc price range plus scanner cost. It is usual for software utilizing these units to also, for some reason, be priced higher.

Asset Management Software

The range of prices for asset management software is $ 200 to $ 10,000 and all require you to do the entry of existing asset data as well as some setting up for your requirements. Some offer telephone advice at additional cost but hands on assistance only comes with expensive packages (this level of software requires expensive sales force and marketing expense so possibly their price, for the features provided, may seem high).

Purchasing Criteria a lot of people seem to use. You may have more.

1: Price 2: Ease of implementation of system 3: Ease of use 4: Ability to fit the business 5: Functionality 6: Potential to handle growth

What you can obtain for a reasonable price

A program with full relational database, such as MS SQL Server Express, or open source database. Today there is no reason to set for less power or quality. Microsoft provides their SQL 2005 'Express' DB version at no cost.

A program that allows you to attach images of assets. While not necessary for everyone it is something that someday you might want to use.

A program that integrates the use of inexpensive 'batch' memory barcode scanners because, if not now, at some point in the future such an accessory will save time and money. Used in auditing it assures an asset was actually seen as barcode had to be scanned.

A program that will permit the management of 10,000+ assets. With decent memory in your computer and a fast full relational database engine there is not much of a limitation anymore and while certain functions may slow down a bit even a low cost program should handle over 10,000 assets.

A program that is flexible so you can take advantage of features later instead of having to implement everything at once.

* If more than one person is to be given access to the database then you should ensure that different levels of access can be set for different users to prevent unauthorized changes to data.

What you can get but not cheaply.

A program that integrates directly into your current accounting system.

A program that has full professional depreciation calculations.

A program that runs directly off your company server (lower cost software runs off workstations and while a central database can be located on your server and accessed by individual workstations this is not the same as complete software being server based with applets on workstations.

Hand holding and in house training to get your system up and running. There are firms that will sit down with you and ask you all the right questions, set up your software, audit and list all your assets and then train your staff how to operate and maintain your 'solution'. Most, to my knowledge, will recommend a mid to high priced software because it is easier to sell (commission higher as well) and easier for them to install due to their familiarity with it.

Nuts and Bolts

Gathering your Asset Information How you perform this step depends upon your situation. In our discussion below we assume you do not have existing asset information, in an existing excel spreadsheet or other format. If you do then you would save work by exporting / importing that data into your asset management software.

Starting your Asset Listing and Numbering from Scratch

This is an advantage because you are not limited by inherited constraints. Of course it is more work, as you can not just load in existing asset information but have to collect everything yourself.

Collecting asset information is time consuming. Getting this information accurately, with as little work as possible is important. Thinking about how to do the job and planning will help make this big job easier.

The following is how I suggest doing this but you may have your own, sometimes better plan.

Create data entry sheets that you will have people write in information about assets under their control. Your asset management software may create these or you could make up an excel spreadsheet to obtain them.

Try and obtain some 'buy in' from the department or location manager with control over assets. The closer to the asset you can allocate some responsibility the better that asset will be controlled. 'It's my department's asset' is more powerful an incentive than 'it's IT Dept's asset'.

Final steps

After entering data, that your co-operative managers helped you obtain, it is time to work with that data within your asset management software. It should not take long to become familiar with how it can present information to you on screen and in reports.

Now sit back and enjoy how easy it is to manage your assets.

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Medical Coding History – From Paper to Medial Coding Software

If we define medical coding as the assignment of alphanumerical characters to diagnoses, diseases, and treatments, then medical coding has been traced back to the 1600s in England with the London Bills of Mortality. A more standardized system of coding was developed for classifying death at the tail end of the 19th century. In 1893, Jacque Bertillon, a statistician, created the Bertillon Classification of Causes of Death, a system which was eventually adopted by 26 countries at the beginning of the 20th century. Shortly after the Bertillon Classification system was implemented, people began discussing the possibility of expanding the system beyond mortality as a way of tracking diseases.

By the middle of the 20th century, the World Health Organization (WHO) adopted a goal of a single global classification system for disease and mortality, entitled the International Classification of Diseases, Injuries, and Causes of Death (ICD). This classification system is updated every 10 years. The latest revision, ICD-10, is scheduled for adoption in the United States in 2013.

What started out as a small set of medical codes has evolved into a complex system that was initially standardized by the American Medical Association back in 1966 with current procedure codes (CPT) codes that are updated annually.

In the late 1970s, the Healthcare Common Procedure Coding System (HCPCS) was developed based on CPT. HCPCS has three levels of codes: Level One is the original CPT system. Level Two codes are alphanumeric and include non-physician services such as ambulances and other transportation as well as patient devices such as prosthetic devices. Level Three codes were developed as local codes, and were discontinued in 2003 in order to keep all codes relevant worldwide.

Recently, medical coding systems have been expanded to include other medical specialties. For example, there are coding systems related to disabilities, the dental field, prescription drugs, and mental health.

As the coding systems have become more complex and diverse, the need for training of medical coders has grown exponentially. Private training schools and public colleges throughout the country have developed certification programs. In order to be awarded a certificate, students must obtain a two-year degree from an accredited medical coding school and pass an exam given by the AHIMA.

Over the past 20 years, many coding processes have shifted from a paper-based system to a computer-based system using medical coding software and medical billing software. Many companies sell complete medical software-based coding solutions and myriad of products for specific medical disciplines, such as products that are specifically tailored to skilled nursing facilities, physicians, hospitals, surgery, cardiology, and more.

As medical facilities and professionals begin preparing for the conversion to ICD-10 in 2013, the need for more sophisticated medical coding software solutions and qualified medical coders will continue to grow.

CPT is a registered trademark of the American Medical Association.

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7 Benefits of the Doctor and Clinic Management System Software

A cloud-based clinic management system addresses your hospital management related woes. It brings simplicity to the patient appointments, their treatment, medical billing and payments and services that take care of other requirements of the hospital.

Advantages of a Cloud Compliant Software

A software that leverages the cloud technologies in full, offers flexibility, cost saving, fast service, ease of accessibility and sustainability.

Flexibility

Even small hospitals can harness the power of this type of software. As the business grows, the software automatically scales itself to the hospital’s increasing needs without the user having to provide for it. The software is easy use, at its fullest, right from the first day.

Cost Saving

Choosing to use clinic management software located on the cloud platform is cost effective for the hospitals. It is an attractive choice for the small as well as big hospital setups.

It requires no expenditure on hardware, equipments and trained IT staff. These are the resources that a hospital, supporting an in-house IT setup must utilize. They are costly.

This highly optimized software is maintained, updated and configured in the cloud by the skilled IT experts. The users are, thus, spared from the burden. It leads to cost saving. Unhindered, the hospital staff stays focused on the core functions of the hospital.

Harness it From Anywhere at Anytime

The hospital administrator acts as the super-user of the software. He or she, then, grant access permissions to the others. The managers, doctors and others can then access the necessary data stored in the cloud, from anywhere at anytime.

They can use smartphones, tablets, phablets, laptops, notebooks and desktops over the internet for the purpose.

Fast Service

This software gives fast, easy and simple solutions for the hospitals in managing their day-to-day activities. It helps in streamlining patient management, inventory management, employees’ and doctors’ attendance, online report generation and other tasks.

Sustainability

For hospitals using this software, it is easy to recover from an on-site disaster. Their data is stored in the cloud, where it remains safe. It is repeatedly backed up. They need to simply access it to get their system online.

Features of the Cloud Based Clinic Management System

1. Patient management: Maintains records of the patients that include personal details, visits to the hospitals, allergy related data, medication, etc.

2. Appointments and schedule management: Determines the availability of the doctors before scheduling appointments. Uses powerful search engine to set up an appointment for the patient. The software assists the staff in knowing the availability of the beds for the patient’s hospital stay.

3. Alerts: Sends alerts and reminders using SMSs and Emails. It notifies the patients about the future appointments and vaccination schedules.

4. Purchase and inventory management: Keeps track of the drugs, equipments, instruments and other hospital items in the stock. Generate expiry alerts for the drugs in stock. Assists in creating a purchase list.

5. Records: Stores all the electronic medical records of the patients and the data related to the hospital, in a central place. It is available to the authorized persons from anywhere, at any time. Doctors can use the patient data to conduct medical research.

6. Payment Processing: Assists the hospital’s accounting department in, accurate medical billing to the patient. Provides connectivity to the top accounting software and eases the tasks of accountants.

7. Lead Generation: It assists the business managers employed by the hospitals in lead generation and tracking.

It is easy to start using a cloud-based clinic management system software. It needs no installation and one can access and start using it over the internet, in a jiffy.

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How to Retrieve Deleted Text Messages & Not Go Crazy in the Process

It’s happened to all of us. We’ve deleted a text message only to realize a short while later that we either deleted the wrong message, or we need to retrieve information off one of the deleted text messages. We then frantically search out ways online how to retrieve deleted text messages hoping to find an easy solution. We pour through websites pulling our hair out because we can’t find an easy solution.

Ultimately we walk away dismayed because either we were not able to find any solutions on how to retrieve deleted text messages, or the solutions we found seemed to require so much “detective” work, that the solution itself should be on a an episode of CSI.

Are there really any “easy” ways to retrieve deleted messages?

The good news is that YES, there are a couple options that do exist which enable anyone to easily recover deleted texts, and both are not only very affordable, but both work exactly as advertised.

Before we dig into the solutions, there is one solution that is often discussed, which does not work, although many people do still talk about it.

What does NOT work?

Going to your own phone carrier is not going to be a viable option. Yes, they are required by law to keep records of your communication (SMS, call, etc.), but they are not required to turn over their logs to you, unless requested by a court of law. You cannot call up AT&T, Verizon or Sprint and tell them you want to retrieve a deleted text message from last week because there is something really important within the contents of the message. It just wont work.

The only information AT&T, Verizon, Sprint, or any other cell phone carrier is going to provide you is the number, date, and time of a call or message. You can plead all you want, but they will not be able to do anything, so it’s not worth your time to attempt this approach.

What DOES work?

There are actually two options available for anyone who is looking for information on how to retrieve deleted text messages. These options rank from the “quick and easy” to the more difficult, but also the most effective.

1) Quick & easy method.

The ‘quick & easy method’ is to buy a SIM card reader, often referred to as a SIM card spy device. This device looks like a USB reader, and the way it works is you remove the SIM card out of your phone, and then place the SIM card into the SIM card reader, and then plug the reader into your computer. Using the included software (of the SIM card reader), you’ll be able to immediately retrieve and read deleted text messages. The time frame will vary, based on what new information is overwritten on the SIM card, but you’ll at least be able to retrieve and read the last 15-20 messages and scan through your call history and contacts, even if they were all deleted.

Positives of this approach?

  • Very easy.
  • Enables you to quickly recover deleted messages.
  • Does not require software to be installed prior to the message being deleted.

Negatives of this approach?

  • A bit costly.
  • Limited cell phone support.
  • Does not work on CDMA networks.

2) More difficult, but most effective method.

The more difficult, but most effective method’ is to purchase a cell phone monitoring app that is often used to spy on cheating spouses, monitor teen cell phone use, track cell phone location, and locate missing or stolen cell phones. These apps (often called spy apps or spy phone software) are often used by people who want an easy and convenient way to back up and store all their own personal cell phone data. The reason why this method is fast becoming a popular way to back up their own personal cell phone data is because everything happens automatically. There is no “syncing” required, or any buttons or settings to worry about. Your cell phone data (text messages, call history, etc.) are automatically backed up every single day. This means if you ever delete a text message, and then need to quickly recover it, all you have to do is log onto your account and then in just a few clicks, you’ll have full contents of every message that was either sent or received from your phone. In addition, you’ll get access to all your call logs and contacts.

The reason why this is a more difficult method, is because it requires that you download the software from your cell phone’s web browser and install the application on your phone. Not everyone is comfortable downloading cell phone apps from the internet using their phone’s web browser. However, once you do complete the download, the actual installation is similar to installing an app on your computer. If you are willing to roll the dice and go with this method, you’ll be very happy with the results. It’s essentially a real time person back up solution that requires absolutely ZERO work on your part. Everything is done for you. The only drawback with this approach is that it does require you to install the software BEFORE you delete the text message that you want to retrieve. This means you need to be proactive and install the software ahead of time.

Positives of this approach?

  • Extremely effective.
  • Affordable.
  • Full contents of text messages are retrieved.
  • Large amount of cell phones are supported, including the popular models such as Android, BlackBerry, iPhone, Nokia, and more.

Negatives of this approach?

  • Can be difficult if not familiar with installing cell phone apps.
  • Software must be installed prior to message being deleted.
  • Requires a data connection such as 3G or Edge
  • May increase data fees if a large amount of text messages are sent on a daily basis.

There you go. Now you know how to retrieve deleted text messages using a couple different approaches. The next time someone asks you how to retrieve deleted text messages, you’ll know what options exist, and which one is the best for that particular situation.

Good luck!

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The Advantages of Working With a Software Boutique Company

First of all, a boutique is a small shop where clients can find dedicated merchandise and unique items, or products which are produced in small quantities. The advantage of entering in such a shop, compared to big supermarkets, is that here you’ll also find staff ready to assist you and to give you guidance step by step. Indeed, one may say that a boutique charges higher prices, also in comparison to chain stores, which is definitely true. However, once you bought something from a boutique you’ll have the feeling that you own a unique item, which will differentiate you from the rest, and isn’t this what we all want – to be unique?

Software boutiques are a new way of defining petite software companies which are focused on a certain niche, and which are able to offer specialized support to their customers. Even more, such a firm is able to offer a unique product, tailored on the client’s needs and requirements. But, let’s see what advantages does a customer have when collaborating with a software boutique company:

Tailored product

A software boutique takes the client’s specifications and transforms them into a customized piece of software. Practically, if you are not satisfied by the mass-produced software programs which you can find, then a boutique company will tailor a product according to each and everyone of your requirements. The outcome will be a software product which is able to fit perfectly your company’s needs.

Niche focus

Generally, a boutique company is focused on a certain niche, for example developing applications and software products using Microsoft technologies. The advantage of having such a partner, is that you’ll have the confidence that he has the knowledge and proven experience to offer you the best advices regarding that specific area, and that he’s always updated with the latest technologies.

Crystal clear communication and dedicated support

Having a smaller amount of projects, a boutique software company can offer its clients dedicated support, according to every client’s need through a direct communication flow. This means that the information won’t need to travel through several departments until it reaches you, so that you’ll always be updated with the status and the quality of the work.

A good communication, not only that can save time, but also can make the development process more efficient. For example if you want a specific functionality for your application, collaborating with a boutique firm, you’ll able to keep track of the development process and promptly interfere in the development process if the work isn’t going in the desired direction, or if you want to change the approach. Also, fewer the clients, better the support. Practically, a software boutique will offer you their entire attention and expertise, whenever this is required.

Every client is important

For a boutique company every client is important, and because they can’t afford to lose a client, they can’t really afford to do a bad job. Every development project is treated with care, and you’ll know for sure that your project will be handled by the best men.

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