Kimberley R. Petrone
Director, Post-Implementation Review

Kim Petrone is director of the Financial Accounting Foundation’s (FAF) post-implementation review (PIR) function. Kim joined the FAF PIR team in December 2010 as a Senior Project Manager. In that role, Kim led the FAF reviews of FASB Statement 131 on segment reporting and FASB Interpretation 48 on accounting for income tax uncertainties. Kim became the PIR Director in January 2013.

Prior to joining the FAF staff, Kim was a member of the FASB staff from 1989–2010. Her last role on the FASB staff was a senior project manager leading the FASB/IASB joint project on financial statement presentation. While on the FASB staff, Kim held a variety of roles, including a 3½ year rotation as director of planning, development and support activities beginning in April 2002. As a staff director, she managed the various administrative functions that support the technical activities of the FASB, including strategic and project planning; staff development; and operating policies and procedures.

Prior to her role as a staff director, Kim was a project manager on the FASB’s business combinations project from 1997 through issuance of Statements 141 and 142 in July 2001. She was involved in a number of other projects while at the FASB, including earnings per share and accounting for postretirement benefits other than pensions.
Before joining the FASB staff, Ms. Petrone was a corporate accounting and financial reporting manager with Savin Corporation. Prior to Savin, she was an accounting and tax reporting supervisor with AMAX Inc.

Ms. Petrone earned a B.S. degree in accounting from the University of Bridgeport and an M.B.A. degree from the University of Connecticut.