Health Care Providers Spotlight: ASU 2011-07 — What Do the Revenue Presentation and Disclosure Changes Mean?
Issue 1, January 2012
This Health Care Providers Spotlight discusses the implications of FASB Accounting Standards Update No. 2011-07, Presentation and Disclosure of Patient Service Revenue, Provision for Bad Debts, and the Allowance for Doubtful Accounts for Certain Health Care Entities. The ASU, which is based on the EITF’s consensus on Issue 09-H, ultimately changes the presentation and disclosure requirements for certain health care entities.
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