Accounting and Auditing Update

April 28, 2016

Phillip Grice and Paul Perry of Warren Averett encourage hospitals to think about what they should be doing to ensure that they are in compliance with the changes in 501(r) Final Regulations, regarding the Community Health Needs Assessment and Implementation Strategy, Financial Assurance Policy, Limitation on charges, billing and collections. They also review topics including investments, intangibles, derivate and hedging, financial statements, compensation, financial services, inventory, fair value measurements, and benefit plans.

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