The final proposed rules for New Jersey financial reporting requirement law were released on May 20 (click here to read a summary of the law on pages 1-5, the proposed law begins on page 6). New Jersey HCAOA members are encouraged to review the rules thoroughly and consult with their CPA or accounting firm to be sure that they fully understand the requirements and that they obtain a potential quote for their services to complete the required report, which is to be filed with your annual health care service firm renewal beginning next year. Submit questions, concerns, or comments to the Division of Consumer Affairs NO LATER THAN July 19, 2024, to the following email address: [email protected]. If no comments are received, the law will go into effect as currently written.
In your email subject line, please include the following: Health Care Service Firms Financial Statements, Audits, and Reports. The body of your email should include your comments on the final rules and your name and telephone number. Contact HCAOA NJ Chapter lobbyist Dennis Marco at [email protected] or NJ Chapter Chair Andrea Sussman at [email protected] with questions or to provide pertinent feedback.
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