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nike free 50 mens trainers black white Ghana News | Ghana Politics | Ghana Soccer | Ghana Showbiz

April 2, 2018

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The Ghana Health Service says the health practitioner who administered the injections that are suspected to have led to three deaths at the New Senchi Health Centerin the Asuogyaman District of the Eastern Region, had been operating illegally.

According to the Service, the man, who has been identified asJames Yeboah, had not been authorised to offer such healthcare, and has been ordered to stop practising.

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2 arrested over deaths from injections at New Senchi

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“Indeed, he [James Yeboah] has been stopped from practising as he was not authorised by the Ghana Health Service at the national, regional or district [level] to conduct this activity in the facility. So he has been stopped from practising in that facility to make sure that he doesn’t put other people at risk,”Dr. Badu Sarkodie said.

Over the weekend, James Yeboah was arrested along with the manager of the facility,Simon Takeramah, who has since been granted bail.

The matter of suspected negligence resulted in the death of a 31-year-old man, a 42-year-old woman and a 78-year-old man.

FDA probe

The FDA has said its preliminary investigations indicate that the deaths may have been caused by contaminated medication.

The FDA noted that the deceased persons suffered adverse reactions described as injection site abscess, skin necrosis and ulcers leading to the deaths.

“Preliminary investigations revealed that these reactions may be due to contaminated 0.9% Normal Saline, the solution which was used to reconstitute (mix) the Benzathine Penicillin Powder for Injection. The 0.9% Normal Saline Solution was reported to have been opened and used repeatedly for several days which might have resulted in the contamination,” a statement from the FDA explained.

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Part 1 of 2

Learn what depreciation and amortization are and how these concepts affect your business and its assets.

Part 2 of 2

What Is Depreciation?

The bookkeeping and accounting concept of depreciation is really pretty simple. Asset depreciates. Measuring the loss in value over time of a fixed asset, such as a building or a piece of equipment or a motor vehicle, is known as depreciation. Depreciation is considered an expense and is listed in an income statement under expenses. In addition to vehicles that may be used in your business, you can depreciate office furniture, office equipment, any buildings you own, and machinery you use to manufacture products. Land is not considered an expense, nor can it be depreciated. Land does not wear out like vehicles or equipment do.

Depreciation is a reduction in the value of assets.

To find the annual depreciation cost for your assets, you need to know the initial cost of the assets. You also need to determine how many years you think the assets will retain value for your business . For example, let’s say you purchase a truck for your business. The truck loses value the minute you drive it out of the dealership. The truck is considered an operational asset in running your business. Each year that you own the truck, it loses some value, until the truck finally stops running and has no value to the business.

Straight-Line Depreciation

Straight-line depreciation is considered the most common depreciation method. To compute the amount of annual depreciation expense using the straight-line method requires two numbers: the initial cost of the asset and its estimated useful life. For example, you purchase a truck for $50,000 and expect it to be used in your business for 10 years. Using the straight-line method for determining depreciation, you would divide the initial cost of the truck by its useful life.

Related: A Beginner’s Guide to Inventory Accounting

So, for the first 10 years you own the truck, you would record a depreciation expense of $5,000. Each year you would list the truck as an asset on your balance sheet. But each year, as you expense the $5,000 depreciation, you subtract $5,000 from the value you list the truck for on your balance sheet. For example, after you have owned the truck for five years, you have expensed $5,000 for each of five years, or $25,000 total. Subtracting this from the initial purchase price of the truck, your truck would now be listed with a value of $25,000 on your balance sheet. This is called the “book value.” It will likely either be higher or lower than the actual market value, or the value you could sell the truck for. After 10 years, you will have expensed $5,000 per year for a total of $50,000, the purchase price of the truck. The truck will now have zero value on your balance sheet and is considered “fully depreciated.”

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