Legislative and Regulatory Update | FASB and GASB Rules and Guidelines

Principles and Practices Board

Legislative and Regulatory Update | FASB and GASB Rules and Guidelines

Principles and Practices Board

Liaison with standards-setting bodies

The P&P Board works with the AICPA, the Financial Accounting Standards Board, and the Governmental Accounting Standards Board to address the unique financial reporting needs of healthcare organizations and improve consistency in accounting and financial reporting among different ownership types.

Position statements & issue analyses

Prior to issuance, a proposed position statement follows an extensive "due process." An exposure draft is released for public comment for at least 60 days. These comments are analyzed and reviewed by the P&P Board. The P&P Board also releases issue analyses, which provide short-term assistance by assembling current literature on emerging issues. An issue analysis is not sent out for public comment.

Access P&P Board position statements and issue analyses.  

To contact the P&P Board, or for further information, please call HFMA's Washington D.C., office at (202) 296-2920.

2019-2020 P&P Board members

Standing, left to right: Kevin Holloran, Anthony P. Frank, David Wiessel, Kimberly K. McKay, Mark J. Ross, Brian D. Green

Seated, left to right: Dawn M. Stark, Norman C. Mosrie, Julie N. Norton

Not pictured: Colleen M. Blye, Timothy R. Weld Jr., Kurt J. Wrobel

Norman C. Mosrie, FHFMA, CPA, Chair
Charleston, W. Va.

Colleen M. Blye, CPA
Executive Vice President, CFO
Montefiore Health System
Bronx, N.Y.

Anthony P. Frank, CPA
VP, Financial Operations
Banner Health
Phoenix, Ariz.

Brian D. Green, FHFMA, CPA
Seim Johnson LLP
Elkhorn, Neb.

Kevin Holloran
Senior Director
Fitch Ratings
Austin, Texas

Kimberly K. McKay, CPA
Managing Partner
Houston, Texas

Julie N. Norton, CPA
Vice President, Operational Finance
Sioux Falls, S.D.

Dawn M. Stark, CPA, CHFP
Partner, Healthcare Technical Leader
Plante Moran
Columbus, Ohio

Mark J. Ross, CPA
Partner and Firm Leader - Healthcare Practice
Baker Tilly Virchow Krause LLP
Wilkes Barre, Pa.

Timothy R. Weld Jr., CPA
PricewaterhouseCoopers LLP
New York, N.Y.

David J. Wiessel
Partner, Assurance Services
Ernst & Young LLP
Iselin, N.J.

Kurt Wrobel, FSA, MAAA
CFO & Chief Actuary
Geisinger Health System
Danville, Pa.


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