By Tammy Hoang, Certified QuickBooks ProAdvisor ASC revenue recognition is the accounting rulebook that decides when and how much revenue an ambulatory surgery center puts on its books. In our first article we walked through the revenue cycle — how a surgery center's money moves from billed charge to collected payment. This guide goes a layer deeper, into the accounting standard behind that cycle: whether a surgery center should use cash or accrual accounting, and how the ASC
