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
Archives: Posts
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 – 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
The New Revenue Recognition Standard (ASC 606)
Introduction On May 14, 2014 the FASB issued the standard ASC 606 Recognition of Revenue from Contracts with Customers. It is a converged standard with the IASB (IFRS 15) The FASB issued an Accounting Standards update to the Standard (ASU 2016 -10) in April 2016. The implementation date for the standard is: For public business… Continue reading The New Revenue Recognition Standard (ASC 606)
The New Revenue Recognition Standard (ASC 606)
Introduction On May 14, 2014 the FASB issued the standard ASC 606 Recognition of Revenue from Contracts with Customers. It is a converged standard with the IASB (IFRS 15) The FASB issued an Accounting Standards update to the Standard (ASU 2016 -10) in April 2016. The implementation date for the standard is: For public business… Continue reading The New Revenue Recognition Standard (ASC 606)
The CECL Approach, 3 of 3
For this newsletter CFO Consulting Partners has partnered with Ardmore Banking Advisors to review the potential material financial benefits of a well planned and executed implementation of the new current expected credit loss (“CECL”) accounting standard. Most banks have an awareness of the need to prepare for the transition to CECL, and that many foundational… Continue reading The CECL Approach, 3 of 3