Webinars

Implementing Revenue Recognition at Health Care Organizations

Date:  Monday, August 6, 2018
Time:  10–11:30 a.m. Central time
CPE Credit:  1.5 CPE credits in the Accounting field of study may be awarded upon verification of participant attendance.
Presenters:  Kimberly McKay

Kimberly McKay

Managing Partner

Health Care

2700 Post Oak Boulevard, Suite 1500
Houston, TX 77056-5829

Houston
713.499.4600

 & Brian Pavona

Brian Pavona

Managing Director

Audit

233 S. Wacker Drive
Suite 8300
Chicago, IL 60606-6339

Chicago - Willis Tower
312.288.4653

Health care organizations face complex challenges in applying the new revenue recognition standard due to the nature of the principles-based standard as well as the nature of patient service revenue and related reimbursement adjustments and settlements. Health care finance and accounting leaders will need to reevaluate the processes, controls, estimation techniques and financial reporting models currently used to recognize revenue. Further, processes and controls will need to change to comply with the new financial statement disclosure requirements. Join our presenters, including the chair of the American Institute of CPAs Health Care Entities Revenue Recognition Task Force, as they discuss the requirements of the new standard as well as practical considerations for implementing the standard and avoiding common errors.

Learning Objectives

Upon completion of this program, participants will be able to:

  • Identify the requirements of the new Accounting Standards Codification Topic 606
  • Describe the five-step model to apply in recognizing revenue
  • Recognize the related financial reporting and disclosure implications specific to the health care industry
  • Summarize the effect of the changes on a health care organization’s financial statements and related disclosures

Register

Documents

CPE Information


Audience:  Health care finance and accounting professionals responsible for implementing the revenue recognition standard as well as finance, accounting, revenue cycle, internal audit and other professionals
Program Level:  Intermediate
Delivery Method:  Group internet-based
Advance Preparation:  None
Prerequisites:  Basic knowledge of financial reporting
Refund Policy:  There is no fee associated with this webinar.

Contact Information
If you have concerns or would like information regarding program cancellation policies or CPE credit, contact us at training@bkd.com, at 800.472.2745 or visit BKD’s FAQs.

 

BKD, LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:  www.nasbaregistry.org.

BKD LinkedIn BKD Twitter BKD Youtube BKD Google Plus