Physician Practices: The Future is Changing John DeLorenzo, MBA, CFO Consulting Partners LLC The United States possibly has the most complex healthcare system in the world. The American healthcare system regulates the industry at both the federal and state level. It is paid for by private health insurance as well as from the government under… Continue reading Newsletter – December 2017
Category: Newsletters
Newsletter – November 2017
Are You Ready for the New Revenue Recognition Standard? Oliver Brooks, CPA, CFO Consulting Partners LLC INTRODUCTION On May 14, 2014 the FASB issued the standard ASC 606 Recognition of Revenue from Contracts with Customers. The FASB issued an Accounting Standards update to the Standard (ASU 2016 -10) in April 2016. The implementation date for… Continue reading Newsletter – November 2017
Newsletter – October 2017
The CECL Approach, Part 2 Tom Van Lenten, CPA, CFO Consulting Partners LLC This is the second in the CFO Consulting Partners series of articles analyzing the new FASB Standard on accounting for credit losses (ASU 2016-13). Click here for the first article in the series It has been more than a year since the… Continue reading Newsletter – October 2017
Newsletter – June 2017
Insurance Company Credit Rating Advisory Practice, Part 2 Marc Liebowitz, CFO Consulting Partners LLC There are three primary drivers of insurance credit ratings: Risk adjusted capital levels Operating results Market profile which is the overall evaluation of strategies, products, underwriting strength and risk diversification. In a previous article, we covered risk adjusted capitalization. Click here… Continue reading Newsletter – June 2017
Newsletter – May 2017
Insurance Company Credit Rating Advisory Practice CFO Consulting Partners has begun to work with insurance companies to help maximize a company’s rating potential. This article is the first of a two-part series which will discuss the credit rating process for insurance companies. Here we discuss how ratings firms look at capital levels, and how management… Continue reading Newsletter – May 2017
Newsletter – March 2017
The New CECL Approach Tom Van Lenten, CPA, CFO Consulting Partners LLC In mid-2016 the FASB issued its long-awaited standard on accounting for credit losses (ASU 2016-13). The new standard adds to US GAAP an impairment model known as the current expected credit loss model or CECL. In a shift from current practice the CECL… Continue reading Newsletter – March 2017