Executive Briefings | October 12, 2017
Changing Accounting Rules & The Shift To Value-Based Reimbursement
Come this December, publicly traded companies and organizations with publicly traded debt will have to comply with new revenue recognition rules adopted by the U.S. Financial Accounting Standards Board and the International Accounting Standards Board—known as ASC 606. The purpose of the rules, according to the coverage in The Wall Street Journal in Revenue-Recognition Rules Pose Fraud Challenges for Health Care Cos., is to create more transparency for investors to compare year-over-year . . .