Objective: The panel's mission is to protect the public interest and address the needs of AICPA members in the areas of financial reporting (including business reporting), audit and attest services, and regulatory matters from the health care industry perspective. The primary focus of the panel is to 1) identify emerging industry issues: financial reporting (including business reporting), audit and attest services and regulatory matters, and propose solutions; 2) liaise, as appropriate, with regulators, standard setters, external industry groups, federal or state agencies, and other AICPA committees/expert panels; and 3) provide industry accounting and auditing guidance/information through various AICPA vehicles such as publications, web events, conferences, and its website.
Qualifications/requirements: The panel consists of members who represent a mixture of firm practitioners as well as preparers and users who work in the industry. They are considered to be some of the health care industry’s “cream of the crop” and best equipped to carry out the panel’s mission The ideal candidate should be considered very experienced (a "heavyweight") as either an industry preparer or firm partner who either leads a firm's healthcare services group or otherwise possesses a broad range of healthcare expertise with regard to auditing and accounting issues. Expert panel members really need to be seasoned individuals who are well equipped to address industry challenges. Strong GASB knowledge is desired and a strong business valuation skill set would be welcomed
Meeting format: Conference or virtual calls; possibly one annual in-person meeting
Staff Liaisons: Andy Mrakovcic and Yelena Mishkevich