The Financial Accounting Standards Board’s new Accounting Standards Update 2014-09, Revenue from Contracts with Customers (Topic 606), is now effective for many public and private entities. As your health care organization implements the new standard, there are unique considerations to take into account.
In this one-hour webcast, we’ll review areas of the standard specific to health care organizations, highlighting the following key points:
- Practical implementation considerations
- Accounting developments relevant to care providers and continuing-care retirement communities
- Implementation issues identified by the AICPA Health Care Entities Revenue Recognition Task Force