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Grant Thornton LLP (Special Guest Post)

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Considerations for Private Companies Implementing ASC 606 Revenue Guidance – Part 2

Part 2: Audit Requirements

To assist private companies in understanding what the auditors will request and review, we have identified some of the relevant auditing standard requirements below.

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Considerations for Private Companies Implementing ASC 606 Revenue Guidance – Part 1

As the effective date for the new revenue guidance in ASC 606, Revenue from Contracts with Customers, quickly approaches for many private companies (January 1, 2019 for calendar-year companies), management and audit committee members are faced with many questions.

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We write about topics relevant to the complex world of revenue cycle management. Our posts feature best practices, helpful ideas, and industry trends in areas such as patient access, claims management, reimbursement, regulatory compliance, and much more! 

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