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Impact of the new Revenue Recognition standard on the Healthcare Industry

September 11th, 2019|Comments Off on Impact of the new Revenue Recognition standard on the Healthcare Industry

The Financial Accounting Standards Board (FASB) issued ASC 606, Revenues from Contracts with Customers, which replaced all previously-existing guidance and created a new model for recognizing revenues from transactions with customers (or patients). Healthcare providers [...]

Nonprofit IRS Review

September 8th, 2019|Comments Off on Nonprofit IRS Review

Organizations that file inaccurate or incomplete Form 990s are more likely to be selected for a nonprofit IRS review. The scope of an IRS review depends on the type of review, but organizations can expect [...]

How Can CFOs Improve Cybersecurity? Start with the Numbers

September 5th, 2019|Comments Off on How Can CFOs Improve Cybersecurity? Start with the Numbers

The CFO is an important ally in the fight to keep information and IT assets safe and secure. “Given the risks that cybersecurity threats pose in a technology-driven, global economy, today’s CFO must ensure that [...]