This new edition helps achieve a robust understanding of regulatory developments affecting investor–owned, not–for–profit and governmental health care entities. It keeps you updated on emerging issues that may require consideration during 2015/16 risk assessment and planning procedures.
It is an important tool to help you identify the significant risks that may result in the material misstatement of financial statements, and features the following recently issued regulatory developments, accounting pronouncements, and audit risks:
Current Accounting and Auditing Issues:

• Business combinations
• Investment valuation
• Going concern
• Discontinued operationsPensions
• HUD reporting requirements
• Uniform guidance federal awards
• Auditing related parties
• Donated personnel services
• Revenue recognition and much more

Regulatory Developments:

• CMS developments
• OIG and DOJ developments
• Program integrity audits
• Premium stabilization program
• Community health needs assessment
• MACRA
• EHR incentive program
• Shared savings
• Risk–based payments
• IRS developments

Who Will Benefit?

• Auditors and entity′s internal management