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January 28, 2011 12:17:43 pm

Independent Audits Improve Financing Opportunities

If a small company wants to improve its chances of qualifying for a loan or securing a loan with far better terms, a new study shows that hiring a certified public accountant to audit the company’s books can help.

Banks view a

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Tags: Audit, Internal Audit

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January 21, 2011 12:19:22 pm

Overview of the Tax Provisions in the 2010 Tax Relief Act

The recently enacted “Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010” is a sweeping tax package that includes, among many other items, an extension of the Bush-era tax cuts for two years, estate tax re

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Tags: Taxes

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January 06, 2011 12:20:52 pm

Selecting Discount Rates For Self-Insured Medical Malpractice Reserves

Recent market conditions and financial instability have given rise to concerns over the proper discount rate used in the financial reporting of medical malpractice reserves by self-insured hospitals.

Should the discount rate match h

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Tags: Healthcare

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January 04, 2011 12:21:42 pm

Healthcare Bad Debt Exposure Draft Retracted

 Based on concerns voiced by a constituent, the Financial Accounting Standards Board (FASB) is going to reissue an exposure document on guidance related to how healthcare organizations present and disclose bad debts, this according to a summa

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Tags: Accounting Standards, Healthcare

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