One of the most straight-forward concepts in accounting – recognizing revenue – has now become much more complex. The new revenue recognition standard takes effect for most private companies in 2019, but you can’t wait until then to learn about this
Labeling multiple goods and services provided to a customer as a “solution” does not eliminate a company’s responsibility to identify and report separate performance obligations under FASB’s new revenue recognition standard.
Audit committees can use a new tool to exercise their oversight role during implementation.
A substantial majority of companies participating in a new survey have not yet tried to quantify how the new revenue recognition standard will affect their financial statements.
Certain issues related to revenue recognition are causing enough application problems that the Financial Accounting Standards Board may choose to adjust the standard. But in the meantime, financial statement preparers need to apply the current rules correctly.
Data analytics can help provide clarity to make necessary adjustments.
Appointment setting is one of the most challenging stages of business development that may either speed up or slow down a company’s success in terms of sales<br>Let’s face it: no matter how stellar a business’ sales team is, they will have a hard time producing tangible results if the list of leads or appointments they are working on is weak.<br>That is why right from the initial process, which is the lead generation, businesses need to increase their efforts in producing a…
Law5 Ways Lenticular Printing Can Help Build Brand RecognitionHas your marketing strategy come to a ...
Voice recognition software is useful but comes with some snags when used in hospitals. Complex medical language and privacy are two main issues. While voic
Revenue acceleration often fails because companies often skip a crucial step: developing the communication that will scale the sales efforts.
The post-acute care space lacks revenue cycle management systems that align with longer-term care, but finding a solution that centralizes medical billing across several facilities can help.
Creating scalable and predictable revenue growth now requires a revenue operations function. Learn what this is and why it’s the secret to growth.
A quick list of the 7 key ways telemedicine can help drive up your practice revenue.
Find out how to minimize lost revenue associated with inaccurate clinical documentation.
Businesses that claim to be customer-centric are a dime a dozen these days. More often than not, companies position themselves as customer focused without executing it well enough to have a co…
Learn some of the most unproductive (but common) ways of cutting hospital revenue cycle costs and how to tell them apart.
As an accountant, one might think managing a business and growing revenue would come naturally. But taking the time to focus on marketing, sales and business development objectives is one of the hardest aspects of building a company. That’s why we...
About two-thirds of millennials in revenue cycle jobs are satisfied with their roles, though many said they would consider other career opportunities.