The FASB has released an investor podcast on the impact of revenue recognition on entities in the healthcare services industry. Topics discussed include an overview of the new revenue guidance, presentation of bad debt on the income statement, implicit price concessions, disclosures, and transition to the new guidance.

Separately, the PCAOB has issued Staff Audit Practice Alert No. 15, “Matters Related to Auditing Revenue From Contracts With Customers.” This material deals with revenue in general and is not industry-specific.