The AICPA has added to its FAQs webpage that provides guidance for health care entities on COVID-19 pandemic-related questions.
The AICPA worked with a group of health care experts to issue guidance that assists financial statement preparers and auditors as they work through the challenges of a pandemic.
The new FAQs address the job market’s downturn and the pandemic’s impact on accounts receivable and estimate of the transaction price. See more.