Blog
Top three benefits of updating a healthcare facility’s phone system
Technology is changing how healthcare offices operate by providing more mobility and flexibility through unified communications.
Five Steps to Prepare for your First Single Audit
The Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) and related federal programs provided vital funding to organizations across the U.S. – including ...
Five Steps Hospital Leaders Can Take to Prepare for Long-term Sustainability
LBMC, one of the Southeast’s largest accounting and business consulting firms and a top 50 firm in the nation, offers expertise to hospital leaders as ...
How hospitals can forge effective ties with nursing homes
In the new world of value-based health care, success for hospitals increasingly depends on partnering with nursing homes and other post-acute-care providers that can play ...
Qualified Opportunity Zones Tax Benefits for Real Estate
Real Estate Investors have an opportunity for temporary and permanent tax deferral with Qualified Opportunity Zones. QOZs may allow real estate investors to leverage more ...
Changes Coming to ERISA Employee Benefit Plan Audits – What Plan Sponsors Need to Know
In July 2019, the AICPA Auditing Standards Board (ASB) issued a standard, Statement on Auditing Standards, Forming an Opinion and Reporting on Financial Statements of ...
Limited Scope Audits of Employee Benefit Plans
Limited scope audits are elected on more than 80% of employee benefit plans. As a plan administrator, what does electing a limited scope audit mean ...
Revenue Recognition for Not-for-Profit Organizations Under ASU No. 2014-09
Tips to ensure organizations understand the new standard and effectively adopt it. If you run a not-for-profit organization, you may be asking how the Accounting ...
PCI Compliance Fees, Fines, and Penalties: What Happens After a Breach?
What exactly happens to a business when it's caught out of compliance? This article covers PCI compliance fees, fines and penalties that could happen after ...
IT Audits and Remote Work: Staying Compliant
Remember earlier this year when everything was business as usual? How quickly our lives have changed in the past month. COVID-19 has wreaked havoc on ...
Navigating Safe Harbors in the Stormy Seas of Healthcare Regulations
A Comprehensive Survey of Key Regulations Impacting Arrangements Between Nonprofit Healthcare Organizations and Physicians Healthcare and tax regulations require nonprofit healthcare organizations to consider fraud ...
Are you meeting your company’s fiduciary duty regarding 401(k) plans?
Sponsoring a 401(k) plan is a personal responsibility that company leaders assume as fiduciaries of the plan. A key fiduciary duty is having an audit ...