From sole-practitioner private practices to vast hospital-employed physician groups, there is an ever-increasing focus on developing and tracking a few simple, diagnostic key performance indicators.
Firms that perform audits, reviews, or compilations have a little more than four months to implement the new risk-based quality management (QM) standards. The task may feel daunting, but Joe Lynch, ...
In June 2022, the AICPA’s Auditing Standards Board (ASB) and Accounting and Review Services Committee (ARSC) issued interrelated final standards on quality management intended to clarify and improve ...