The Sarbanes Oxley Act and Volunteer Protection Act

The Sarbanes-Oxley Act was enacted in the year 2002 an is a federal law that developed sweeping financial as well as auditing regulations for public companies. Since Happy Health Hospital is a public corporation, the Sarbanes-Oxley Act is applied in protecting the employees, shareholders and the public from financial mistakes and fraudulent financial acts. The Federal Volunteer Protection Act was enacted in the year 1997. It was established to prevent individual people, non-profit corporations and public entities doing volunteer work from being held accountable to harm caused by mistakes if the volunteering individual was acting within the specified scope of duty. Moreover, it applies in the case of the volunteering individual who worked in a purely qualified manner and had no intentions of causing harm.

The specific regulations governing the Happy Health Hospital Board and the way they conduct business include being critical in their skill and capability of providing effective leadership. The trustees of the board are required to meet specific criteria, and the board is needed to at the same time be functional and team oriented with observable varying strengths in all areas of expertise. The governing board in the hospital will ensure there are enough resources for all employees which will help the employees fulfill their responsibilities. The board takes part in assessing the quality of medical services provided in the hospital through the quality assurance program. In the assessment process, the board will take into consideration the Sarbanes Oxley Act and Volunteer Protection Act to protect service providers as well as those receiving service.

Taking into consideration of the lawsuit filed in by a patient in the hospital, the patient may or may not find the board liable for what happened. The Sarbanes-Oxley Act protects the employees, shareholders and the public from being sued against financial mistakes while in duty. Also, the Federal Volunteer Protection Act protects the employees as well as shareholders from sued against harm caused by errors during the time of volunteering with the specified scope of responsibility. However, the two federal laws may fail to protect an employee as well as a shareholder in the case the employee violates the rules governing the hospital’s governing board. Moreover, in the case the employee acted in an unqualified manner with the intentions of harming the client, the board will be liable for the mistakes committed by the team member. Also, a health worker volunteering but getting compensation will not be protected by the Federal Volunteer Protection Act and hence the board may be held liable for mistakes committed by the same employee. The board has the duty of ensuring there are the right individuals in the hospital providing the right service whenever required.

References

Groble, P., & Brudney, J. L. (2015, April). When good intentions go wrong: Immunity under the Volunteer Protection Act. In the Nonprofit Policy Forum (Vol. 6, No. 1, pp. 3-24). De Gruyter.

 

Do you need high quality Custom Essay Writing Services?

Custom Essay writing Service