Health Care Entities – Audit and Accounting Guide


This guide provides “how-to” guidance on planning, performing and reporting on Health Care entity audit engagements, as well as information for members in practice in the Health Care industry.

Considered the industry standard resource, this 2013 update contains practical guidance for accounting and auditing of health care entities, including auditor involvement with municipal securities filings, refundable advance fees, intangibles, insurance recoveries, and accrual of legal costs.

This Guide will help you:
• Understand accounting guidance applicable to continuing care retirement communities, including advance fees, initial contract acquisition costs, and obligations to provide future services.
• Understand financial statement considerations for not-for-profit health care entities.
• Be aware of accounting guidance that affects the recognition of service revenue and related receivables by health care entities.
• Understand GASB’s accounting and f